Sharjah, UAE--The Sharjah Chamber of Commerce and Industry (SCCI) and the Oman Chamber of Commerce and Industry (OCCI) discussed ways...
He reportedly intends to sell, next July, 50 million shares of the group.
Dubai issued 72,152 new business licenses in 2021, a growth of 69 percent compared to 2020 when 42,729 licenses were...Bur Dubai accounted for the largest share (48,562) of new licences issued followed by Deira (23,513).
A total of 430,921 business registration and licensing transactions were completed in 2021, a growth of 24 percent compared to 2020.
Dubai Airport Show 2022, to be held in May, will showcase a diverse range of innovative products and will provide...The latest IATA Global Passenger Survey, conducted across 153 countries, revealed passengers expect technology to give them more "personal control over their travel experience"
Digital queuing and biometric has been viewed as a priority to be implemented to modernize every component of the journey at airports
Turkey's state oil operator Botas said the fire at the pipeline had been fully extinguished late on Tuesday, but gave...Tuesday's blast along the Kirkuk-Ceyhan link in southern Turkey contributed to a rise in international crude oil prices to a seven-year high
The pipeline normally carries more than 450,000 barrels a day from oil fields in northern Iraq to a Turkish port on the Mediterranean Sea
The signings took place at the Saudi-Korean Investment Forum.The deals aim to advance Aramco’s downstream strategy and support the development of low-carbon energy solutions
They are also expected to create new financing options for the world’s largest oil and gas company
The net-zero target is only for its operations, not products.Chief executive of ExxonMobil confirmed that the company has committed to have a Permian operations at net-zero carbon by 2030
The company will release "detailed roadmaps" addressing 90 percent of operations-related greenhouse gas emission by the end of 2022
The amount will reportedly be given to the Vietnam-based Southeast Asia Commercial Joint Stock Bank (SeABank) for on-lending.The money will be used to facilitate access to finance for SMEs and women-owned businesses in Vietnam
It will also be used to promote climate funding for a sustainable economic recovery in the country
Flouting norms, massive mismanagement and lack of transparency and corporate governance have potential to take any company the Marka Holding...The recent Dubai court decision highlights that the funds of shareholders and creditors should be judiciously used. Else, the law of the land will catch you
In October 2021, the UAE retail and leisure company Marka was declared bankrupt by a local court, and all of its assets were brought into liquidation
- The $69-billion deal is the largest acquisition in the gaming world.
The deal will make Microsoft the third-largest gaming company by revenue, behind Tencent and Sony
This will be the largest acquisition in the industry, far ahead of Take-Two's $12.7-billion purchase of Zynga
- US Telecom giants AT&T and Verizon will delay the implementation of their 5G network on a "limited number" of towers...
AT&T and Verizon agreed on partial delay of their 5G deployment as US airlines warned of "major operational disruptions" due to the rollout
The FAA has approved some transponders to be safely operated within areas where 5G will be deployed
In Europe and the Americas, foreign visitor arrivals surged by 19 percent and 17 percent, respectively, last year over 2020....Tourism revenue in 2020 was 72 percent down on the previous year which closed with the Covid onset
The highly contagious Omicron variant, though mild, will "disrupt the recovery" in 2022
