UAE plans launch of new food safety standards system
The new standards will ensure the quality of food imported or manufactured within the country The ministry is cooperating with...
Dubai Economy, Dubai Business Women Council highlight incentives for businesswomen
Speakers share insights on how female entrepreneurs can address Covid-19 challenges The webinar was part of Dubai Economy’s monthly ‘Market...
Bayt poll: MENA professionals stress importance of teamwork
When looking for a job, nearly 7 in 10 respondents say they prefer positions that require teamwork 78 percent of...
Q1 2021 China-Dubai trade grows to $12 billion
In 2020, the value of trade with China fell by 5.3 percent to Dh142 billion The UAE is also home...
Abu Dhabi Chamber discusses boosting cooperation with Polish entrepreneurs
Poland’s Deputy Foreign Minister Pavel Jablonsk highlights the advantages of investing in his country Deputy director Helal Al Hameli highlighted...
Nutanix, Hewlett Packard expand partnership
Cloud service enables customers to deploy applications and databases in minutes Customers using Nutanix Era reported a positive experience in...
LG video spotlights global fashion waste
#CareForWhatYouWear online campaign has achieved 100 million views worldwide The video highlights the need to take better care of the...
Dubai: Non-oil foreign trade grows 10% to $96 billion
Exports grow 25 percent to Dh50.5 billion. Imports account for Dh204.8 billion, growing 9 percent Gold tops the list of...
Bahrain, UAE to cooperate in teaching AI, digital economy skills
UAE’s National Program for Artificial Intelligence and Bahrain’s Nasser Vocational Training Centre have signed a pact The parties will also...
Mystery bidder buys trip to space with Jeff Bezos for $28 million
Bezos, his brother, the bidder and the fourth and final crew member will fly to the edge of space and...
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Modi’s visit: India, UAE sign pact to trade in local currencies
Abu Dhabi, UAE - The Central Bank of the UAE (CBUAE) and the Reserve Bank of India (RBI) on Saturday...
Economy
Rise in foreign sukuk offset by local currency decline
Saudi Arabia's reduced banking liquidity and lower oil prices have led to a decline in local currency sukuk, but a...
Business
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Business
ADNOC in talks with OMV
Talk merger of shareholdings in Borouge, Borealis.
- Borouge is listed on the ADX with 54 percent owned by ADNOC.
- Borealis is owned 75 percent by OMV with ADNOC holding 25 percent.
Business
60 percent of Jordan’s consumption contains plastic, rubber, says JCI
AMMAN, JORDAN - Plastic and rubber products cover 59.7 percent of the Kingdom's domestic consumption, a report by the Jordan...
- The report indicated that plastic and rubber products are well-established industries in Jordan.
- According to the report, the sector has 641 establishments geographically spread across the Kingdom.
Business
ADX grew 20 percent in 2022, says CBUAE
ABU DHABI, UAE - The Central Bank of the UAE (CBUAE)’s Financial Stability Report for 2022 said the FTSE ADX...
- The Abu Dhabi Securities Exchange (ADX) trading value increased by 21.9 percent to AED 451 billion ($122.78bn)
- Foreign investment in ADX increased, with total net foreign investments recording an inflow of AED 24 billion ($6.53bn) in 2022