DMCC launches global trade roadshow in London to attract FDI from UK
Dubai, UAE--DMCC has kicked off the ninth edition of its global trade roadshow, Made For Trade Live, in London, seeking...Business
Dubai wins right to host 349 business event in 2023
DUBAI, UAE - Dubai consolidated its status as a central hub for international business events in 2023, with the city...Business Economy Global Tourism
‘The Rock’ diamond goes under the hammer
The Rock, currently in the hands of an unnamed owner from North America could break records at a sale in...The large diamond was extracted from a mine in South Africa in the early 2000s and has been shown in Dubai, Taipei and New York ahead of the sale in Geneva.
The Rock is up for grabs alongside a historic intense yellow diamond associated for more than a century with the Red Cross, which will receive some of the profits from its sale.
Emir of Qatar to visit Iran to boost World Cup cooperation
Qatar's emir, Sheikh Tamim bin Hamad al-Thani, is to visit Tehran Thursday following the Iranian president's visit to Doha, Iran's...Iranian foreign ministry spokesman Saeed Khatibzadeh said Monday that the Qatari leader would visit Tehran "in response to President Ebrahim Raisi's visit to Doha"
Ties between Doha and Tehran have grown close over the years, with the two countries sharing the world's largest natural gas field
China, Europe to lead record renewable energy growth in 2022: IEA
The world will set a new record for renewable power capacity this year led by solar energy in China and...An additional 320 gigawatts is expected to be installed this year, equivalent to the entire electricity demand of Germany or the European Union's total generation from natural gas.
Solar energy will account for 60 percent of renewable power growth in 2022, ahead of wind and hydropower, according to the agency, which advises developed nations on energy policy.
Alpha Dhabi Q1 net profit $773m
Revenues stood at AED8.17 billion, a year-on-year increase of 700 percent.This was the first set of Q1 results for Alpha Dhabi since its direct listing on ADX in June 2021.
The company's acquisitions and investments totaled AED5.21 billion.
Toyota posts record net profit
The growth was helped by strong sales and a cheaper yen.The Japanese auto giant kept its crown as the world's top-selling carmaker in 2021
For the current year to March 2023, it said it expects to post an annual net profit of $17.3 billion
Qatar announces first arrests for fake World Cup merchandise
Approved merchandise has gone on sale in stores, but cheap imitations are available in street markets and online. Thousands of...FIFA sent out a phone text messages to Qatari numbers to dissuade the illegal use of the tournament emblem
Approved companies for FIFA World Cup started selling products in stores, but cheap imitations can be found in street markets
Empower provides district cooling services to 17% of the hotels in Dubai
Empower revealed this at the launch of the ‘Arabian Travel Market 2022’, which is being held at the Dubai World...Empower revealed this at the launch of the ‘Arabian Travel Market 2022’, which is being held at the Dubai World Trade Centre
Empower expects its growth in the share of the hospitality sector to go up as a result of dozens of new applications received by the company from developers of new hotels
Final refrain for iPod as Apple stops production
It packed "a mind-blowing 1,000 songs" the company said at the time, and together with Apple's iTunes shop established a...It packed "a mind-blowing 1,000 songs" the company said at the time, and together with Apple's iTunes shop established a new distribution model for the music industry
The trend toward streaming music services, including one by Apple, has made devices designed just for carrying digital tunes around less enticing for consumers
SME development in Gulf region still in early stages
It is essential to know that the governments can't and shouldn't do everything independently to encourage their national talents. A...Local talents are in short supply in the region in terms of skills and experience, says Amr Khashoggi, Chairman at Amkest Group
Due to COVID 19, many employees have got used to working out of home and are not keen on going back to trudging along to the office or factory
ADQ to fund investments worth more than $4 billion in Greece
ADQ will work with the Hellenic Development Bank (HDB), the national development bank of Greece, and Hellenic Development Bank of...In 2021, the value of non-oil foreign trade between the UAE and Greece reached nearly AED 2.1 billion.
The growth of trade, when compared to 2020, was 67 percent, reflecting a significant spike in growth.
