Qatar’s industrial sector PPI down in Nov on lower oil prices
Doha, Qatar -- Qatar's Producer Price Index (PPI) of the industrial sector in the country for November was 118.65 points,...Business Economy
UAE to press firms with 20-49 staff to hire at least one Emirati in 2024
Dubai, UAE--The UAE's Ministry of Human Resources and Emiratisation (MoHRE) has started implementing the cabinet decision to expand the scope...Business
Dubai real estate records $2.9b investment in May 2021
11,387 new investors enter the market, comprising 66 percent of total registered investors since the beginning of 2021 Hadaeq Sheikh...
Danube Group chairman hails UAE investor environment
Sajan says UAE provides incentives and legislations that encourage investment and commerce Thanks UAE leadership for amending federal laws regulating...
Aramco disburses in full international trust certificates for $6 billion sukuk
The company issued 30,000 sukuk with a par value of $200,000 each The sale, launched on June 9, was Aramco’s...
Payment24 introduces ‘vehicle biometrics’ to fast track refueling
Payment24’s FastLane identifies any vehicle enrolled in the system as it drives into the forecourt It allows petroleum companies and...
Morgan Stanley alum to raise $600 m for clean energy funds
Founded by Ahmad Atwan, VC Fuel intends to raise $100m for debut venture fund and seek $500m for an infrastructure...
Emirates ramps up operations over summer to serve strong travel demand
Airline will operate flights to 124 destinations in July, close to 90% of pre-pandemic network Expands A380 network to 15...
Bananas with GI tag from India shipped to Dubai
20,000 metric tons of Jalgaon Banana, grown in the Maharashtra state of India, exported to Dubai Fibre-rich fruit is grown...
RELEX to service Majid Al Futtaim Carrefour stores
RELEX servicing will be initially rolled out to stores in the UAE and then extended to other areas The partnership...
UAE Central Bank ups overnight rates, hours after US Fed raised interest
Central banks in the GCC mimic the US Fed's moves due to the peg of their currencies to the US...
Egypt’s largest solar plant gets $ 114m financing package
Located less than 20 km from Africa’s biggest solar park, Kom Ombo plant will add 200 MW of energy capacity...
