- ABU DHABI, UAE - The Abu Dhabi's “Business Activity Report” for the year 2023, issued by the Abu Dhabi Department...
24,143 commercial sector licences were issued in 2023, comprising 94.1 percent of the total.
Active licences in Abu Dhabi rose to 143,617, a growth of 10.9 percent compared to the year 2022.
- Dubai, UAE -- UAE's Ministry of Finance has saved 39,000 hours of human labor by using bots, software applications that...
The Ministry has just completed phase two of embedding robotic process automation (RPA) into many of its internal processes.
By 2022, it had more than 50 bots working unattended, delivering great results, and it expects to save an additional 12,000 working hours in 2023.
- It will invest US$169m to develop new capacity.
The building of new warehousing was spurred by strong demand for such capacity in both free zone and domestic industrial areas
The group since the third quarter of 2022 has thrown open more than 270,000 sq metres of additional warehousing space in Abu Dhabi
- Tuesday's announcement was not expected to have an immediate effect on production or exports. After a series of oil supply...
Riyadh announced the planned production capacity increase in October 2021, the same month it pledged to achieve net zero carbon emissions by 2060
That applies to emissions that are produced directly by Aramco's industrial sites, but not the CO2 produced when clients burn Saudi oil in their cars
- Evergrande's demise has been closely watched as it was once a pillar of China's economy, with the construction and property...
The order kickstarts a long process that should see Evergrande's offshore assets liquidated and its management replaced
The company's executive director vowed the Hong Kong court's decision would not impact its operations domestically
- Budapest, Hungary--Bahrain and Hungary have held discussions to boost economic and trade ties between the two countries. In this regard,...
Chairman of Bahrain Chamber of Commerce and Industry said the Bahraini-Hungarian Business Forum aimed to boost trade, investment ties between the two countries
According to Gabor Jenei, the CEO of Hungarian Export Promotion Agency (HEPA), Hungary's exports to Bahrain reached $15m and Bahrain's exports to Hungary at $8m
- Tokyo, Japan - Toyota said Monday it was suspending shipments of 10 models that use engines linked with testing irregularities at...
The affiliate, Toyota Industries, did not conduct proper horsepower output testing for the certification of three diesel engine models, the parent group said
Toyota Industries said in a separate statement that its workers adjusted the fuel injection amounts to make the data "better-looking"
- GFP secures nearly $60 million in equity financing to expand its network.
GFP aims to create the leading fertility network in the region, and one of top 10 globally, according to a statement.
Saudi Arabia will be the focus of the investment. GFP’s facility in Riyadh is currently under construction and is due to commence operations later this year.




















