On Wall Street, the Dow and the S&P 500 both finished 1.0 percent lower, while the tech-rich Nasdaq composite ended...
DUBAI, UAE – Dubai Mall welcomed a record 105 million visitors in 2023, a jump of over 19 percent on...
This is the first collaboration between Drydocks World and KANFA AS.Under the contract, the M10 module will be placed on the main deck of a floating production, storage and offloading (FPSO) vessel.
It will be used to process crude oil received from oil wells, which will be dewatered and stabilized to meet export quality specifications.
Major oil producers led by Saudi Arabia and Russia are expected to stick to a previously decided output boost at...The 13 members of the Organization of the Petroleum Exporting Countries, chaired by Saudi Arabia, and their 10 partners, led by Russia, drastically slashed output in 2020
But several OPEC+ members have been failing to meet the output quotas, while Iran and Venezuela -- and now also Russia -- are blocked by sanctions
Asian and European stock markets nursed losses Wednesday on resurgent fears that sharp interest rate hikes aimed at tackling runaway...Bourses in Paris, Frankfurt, Tokyo, and Hong Kong all lost around one percent or more, taking their cues from Tuesday's rout on Wall Street
Updated first quarter US GDP data released Wednesday chopped the personal consumption growth figure to 1.8 percent, from 3.1 percent
The new draft law is geared to provide more business opportunities for UAE citizens and allow new categories of citizens...The new draft law is geared to provide more business opportunities for UAE citizens and allow new categories of citizens to access the commercial agencies business
The UAE has also enacted a new draft law on the cooperatives that allows for the establishment of various forms of cooperatives in the country
The company has won approval for an IPO of 1m shares.Shares to be listed represent 20 percent of the company’s share capital
The Capital Market Authority’s approval shall be valid for six months from the authority’s board resolution date
The Dubai Metaverse Strategy anticipates that 42,000 jobs will be virtualized through the metaverse by 2030 while also improving resident...The Dubai Metaverse Strategy, which was recently announced, aims to raise the metaverse sector's contribution to the UAE's economy to $4b by 2030
Dubai companies like Emirates, Damac and others are already betting big on this world, and many more are expected to join the pack
To expand and upgrade the metaverse, 6G, Wi-Fi 6, and edge computing capabilities will be critical. Just as the internet...Metaverse participation is growing in the Middle East and GCC countries, says Martin Tarr, Chief ICT Officer of du
Demand for a blockchain-powered metaverse has increased and industries are already benefitting from the technology, he adds
Dubai's multicultural family shopping and entertainment hub provides a unique platform to SMEs to test creative and innovative business concepts,...Global Village assists entrepreneurs in exploring new prospects and forming collaborations, says Naveen Jain, Director of Business Development at the park
Dubai's multicultural family shopping and entertainment hub provides a unique platform to SMEs to test creative and innovative business concepts, he adds
UAE Minister of State for Foreign Trade Dr Thani bin Ahmed Al Zeyoudi concluded a two-day visit to Florida which...The UAE minister's trip to Florida builds on recent trips to the UAE by local Florida officials
He attended several high level business development and networking events and meetings
Invictus Investment specializes in agro-food commodities, raw materials.The company was established in Jebel Ali Free Zone in 2014 to manage raw material import requirements for large manufacturers in Sudan.
The company also operates Invictus Trading FZE, a fully owned subsidiary whose activities include non-manufactured precious metals trading.
