Washington, United States -- Global shipping giant DHL will "temporarily" suspend the shipping of parcels worth more than $800 from...
New York, United States -- Commercial plane prices, already lifted in recent years due to pandemic supply chain shocks, are...
Baroux also commends the UAE as the most promising market for French exports in the region, with over 600 French...Non-oil trade between France and the UAE rose to €7.318 billion in 2022, representing a 21% increase from the previous year
The surge in trade signifies a significant 16.8 percent growth in bilateral economic relations between the two countries
Elon Musk has chosen top ad executive Linda Yaccarino to take the day-to-day reins of Twitter as he fights to...Elon Musk said he would remain in charge of design and technology at Twitter while Yaccarino would focus primarily on business operations
Linda Yaccarino will face an uphill battle trying to attract major companies to come back to the platform.
DUBAI, UAE - Dubai Chambers has hosted a workshop for commercial attachés of EU Diplomatic Missions to provide them with...A workshop on Corporate Tax Law saw the participation of 13 officials from EU embassies and attaché offices in the UAE.
Dubai Chambers said the workshop will bolster the strong trade and business relations with the European markets.
Salik recorded the highest level of quarterly revenue-generating trips.The company achieved net profit of AED275 million during the quarter, with a net profit margin of 52.9 percent, the company said.
Toll usage revenue, which contributed 87 percent to total revenue, increased 7.9 percent year-on-year.
The Kurdish regional government had for years earned billions of dollars in revenues exporting crude oil to Turkey without the...Iraq's Oil Minister Hayan Abdel Ghani had on Thursday said that crude exports from the Kurdish region through the Turkish port of Ceyhan would resume Saturday.
But on Friday the Kurdish natural resources minister, Kamal Mohamed, told a Kurdish television channel that the resumption of exports was still awaiting approval from Ankara.
Tabreed's total connected capacity rose to 1.276 million RT.Its revenue increased by 10 percent year-on-year to AED464 million from AED420 million in Q1 2022.
The company's profit from operation increased by 12 percent to AED172 million compared to AED154 million in Q1 2022.
DUBAI, UAE - The UAE has topped several global labor market indices issued by international entities and institutions in a...These indices include lack of labor disputes, low cost of severance compensation for workers, and working hours.
The UAE also stood out for the low cost of severance compensation in the Global Innovation Index 2022.
The continent has been racing to produce more electric vehicles as part of its green transition, with the clock ticking...Sweden's Northvolt will build a multi-billion-euro plant in northern Germany, which will supply around one million electric vehicles with batteries a year.
In France meanwhile, Taiwanese battery maker ProLogium announced it will invest 5.2 billion euros ($5.7 billion) in building a new factory in Dunkirk.
Dubai, UAE -- A total of 3,112 real estate and property transactions, valued at AED 9.4 billion ($2.55 billion), were...The DLD weekly real estate report noted that 170 plots were sold for AED 1.89 billion, while 2,261 apartments and villas were sold for AED 5.34 billion.
The top three transactions were a land in Al Safouh Second, sold for AED300 million, followed by a land in Saih Shuaib 4.
Firm said the profit was driven by higher prices for policies.The unit's strong performance helped offset lower revenues at its life and health division and its asset management arm.
Allianz confirmed that full-year operating profits remained stable at US$15.4 billion, "plus or minus US$1.08 billion".
