ENEC announces completion of Unit 4 of Barakah Nuclear Energy Plant
The Federal Authority for Nuclear Regulation (FANR), the UAE's independent nuclear regulator, recently issued the Operating License for Unit 4...Business Energy Climate Change
UAE, Oman, Qatar seen as top 2024 property investment destinations
Dubai, UAE – Oman, Qatar, and the United Arab Emirates, particularly Dubai, have secured top positions for residential property investment...Business
One of world’s largest carpet factories coming up in Dubai
The solar-powered facility will enable Standard Carpets to increase production capacity by 40 percent and produce and additional 400 tons...Automotive plastic sales to cross $9.5bn this year
Increasing demand for commercial and passenger vehicles and flourishing automotive export industry are primary factors propelling the market growth, according...Tesla quarterly profits top $1 billion for first time
Record deliveries of electric cars during the period allowed Elon Musk's company to garner earnings of $1.1 billion in the...Jordan to set up phosphate washing plant costing $85 million
JPMC recently set a new record for exports totaling 554,762 tons in June, the highest since the opening of the...ADIO signs new partnership deals under $545m Innovation Program
The Abu Dhabi Investment Office (ADIO) will provide technology companies Callsign, Lyve and RIZEK financial and non-financial incentives, including rebates...Aldrees to expand into Egypt, plans to set up 60 fuel stations
The company owns nearly 600 fuel stations in Saudi Arabia, and it is now looking to expand beyond the kingdom...Fewer foreign workers leave Saudi job market in Q1 2021
The highest (237,000) number of foreigners left their jobs between the second and third quarters of 2020Beneficial Owner data: Dubai Economy to fine violators
Beneficial Owner refers to individuals and entities that benefit from owning a registered business in UAE. Data required include  nationality,...Fee for setting up business in Abu Dhabi cut by 94 percent
The reduced fee includes six activities within the business license and covers all fees for several government entitiesDubai realty sales worth $4.02 bn recorded in June
Mohammed Bin Rashid City, Dubai Hills Estate, Dubai Land, Green Community and Town Square top top areas of interest for...
In Brief
Most Read
Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains