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‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.
  • European monetary policy: Same hat doesn’t fit all

    The Europe's apex bank is expected to gradually tighten monetary policy whilst using asset purchases to support weaker countries in...

    The European Central Bank has the impossible task of setting a single monetary policy that is suitable for a diverse mix of countries in very different situations, says QNB

    The ECB will gradually tighten monetary policy while using asset purchases to support weaker countries in the periphery in a bid to avoid a full-blown resurgence of the Euro

  • UAE banks recover, but customers remain unsatisfied

    The sector, according to a KPMG report, scores low on customer satisfaction due to operational issues, lack of timely support,...

    The sector, according to a KPMG report, scores low on customer satisfaction due to operational issues, lack of timely support, long waiting times and lack of feedback.

    The most negative net sentiment has been associated with payment methods such as debit cards, credit cards, and loans, highlights the latest KPMG report

  • SVC to invest in Venture Debt Fund

    The fund will offer venture debt tools to startups and SMEs.

    SVC CEO Nabeel Koshak said the investment is part of the company's program to invest in funds.

    Koshak said funds offering venture debt tools provide financing solutions for startups, and SMEs, known for their quick growth rates.

  • Sharjah a vital tourist destination, says business body

    The Sharjah Chamber of Commerce & Industry organized a business meeting with the Embassy of the Republic of North Macedonia...

    Sharjah Chamber of Commerce & Industry organizes a meeting with North Macedonia Embassy in the UAE

    In the meeting with a North Macedonia delegation, SCCI promotes the emirate’s tourism potential

  • Saudi minister appreciates Seafarers’ role in maritime sector

    Minister of Transport and Logistics, Engineer Saleh bin Nasser Al-Jasser, praised the seafarers for their role in the global maritime...

    The minister was speaking on the occasion of the International Seafarers Day, observed on June 25.

    More than 1,000 Saudi sailors work onboard the Saudi Naval Fleet, which in 2021 recorded advanced ranks in the tonnage side, and ranked first regionally and 21 globally.

  • UAE’s EHS, Johnson & Johnson ink MoU on healthcare

    Emirates Health Services has signed a MoU with Johnson & Johnson Middle East to strengthen collaboration towards developing more advanced...

    UAE''s EHS has signed a MoU with Johnson & Johnson to strengthen collaboration towards developing more advanced health services

    The agreement will also strengthen collaboration in developing innovative hi-tech solutions to support the health sector in the country

  • Abu Dhabi explores clean energy solutions in Canada

    The UAE delegation’s visit to Canada comes at a time when the UAE is preparing to host the 28th United...

    The UAE delegation’s visit to Canada comes at a time when the UAE is preparing to host the 28th United Nations Climate Change Conference of the Parties (COP28) next year

    The conference will focus on upholding climate commitments, inclusion for all, and collaboration towards implementing concrete measures and developing practical solutions

  • Saudi seeks British investment in industrial and mining sectors

    Saudi Arabia is seeking to convince investors and companies in Britain to make investments in the kingdom's industrial and mining...

    In this connection, Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef held a meeting with companies and investors in Britain

    The ministry of Industry also invited attendees to the international mining conference that the Kingdom holds annually in the city of Riyadh

  • UAE: a trendsetter in regulating cryptocurrency market

    The UAE, Japan and Singapore have emerged as the trendsetters in regulating the crypto-currency market effectively, according to a top...

    The UAE has moved past the stage of appealing for existing authorities to work together

    By pushing ahead to promote cryptocurrencies and ensure official oversight, the UAE puts it ahead of other countries and jurisdictions

  • 50 days on, ‘nothing changes’ for UAE delivery riders

    Rise in fuel prices, scorching heat and constant rush to deliver due to 'unrealistic promises' made to clients by online...

    Rise in fuel prices, scorching heat and constant rush to deliver due to 'unrealistic promises' made to clients by online platforms are impacting lives of thousands of riders

    It's time to start accepting slightly longer delivery timelines, treating riders with empathy, and constantly demanding better and humane working conditions for the riders