Moody’s downgrades Israel’s credit rating due to Hamas conflict
Fitch -- which is the last of the big three US ratings agencies -- placed Israel on negative watch over...
UAE real GDP to grow 5.3 percent in 2024: S&P Global
Abu Dhabi, UAE-- The UAE's real GDP will grow 5.3 percent in 2024, compared to 3.4 percent in 2023, according...
Economy
ADX lists US$1 billion Abu Dhabi Ports bonds
The company is planning $4.2 billion in investment in next 5 years
Philippines wants close cooperation with UAE to achieve food security: Minister
Philippines minister Ramon Lopez said UAE investors are encouraged to explore agribusiness and agriculture in his country Filipinos constitute the...
Turkey and Greece to take steps to improve economic ties
Tensions between the two flared last year over a maritime jurisdiction in the Mediterranean
Dubai crown prince: Industries emirate’s driving force for productivity, growth
Dubai Industries & Exports to play a key role in making the emirate a hub for future industries, attracting...
UAE, Uzbekistan sign agreement to implement humanitarian projects
Completion of work on a women and children's hospital in the Uzbek city Nukus part of the...
Passengers are back on flights as Dubai International Airport is named busiest in May
The airport kicked out London Heathrow from the top spot
Creator economy lights up business world, but not enough to outshine brand sponsorships
68.1 percent of US adult influencers identified brand collaborations as generating the most income for their business
Omani Sultan offers jobs to pacify protests
Sultan Haitham ordered the creation of 32000 job opportunities, 12000 of them in the government sector
Saudia Arabia to amend administrative penalties for tax law violations
The changed laws are also expected to support tax registrants and help them fulfil their tax obligations
Qatar is the go to place for migrants workers looking for a decent life
Qatar employs some 2.3 million migrant workers in a total population of 2.6 million
Moody’s downgrades Israel’s credit rating due to Hamas conflict
Fitch -- which is the last of the big three US ratings agencies -- placed Israel on negative watch over...
Company News
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SRC, Alrajhi sign refinance deal
Business
Sharjah’s Sabaa Sanabel wheat gets Made in the UAE mark
SHARJAH, UAE - Sabaa Sanabel wheat flour, made from the wheat produced here, has become the first national product to...
Business
Pakistan gets first Russian crude under discount deal: PM
Since Russia launched its invasion of Ukraine last year, economic sanctions have seen a significant cut in its oil and...
Economy
UAE and Japan discuss boosting economic, trade and industrial ties
Tokyo, Japan-- The UAE and Japan are looking to bolster economic, trade, industrial and investment ties as part of a...
Economy

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HFZA inks deal with Infinite Mining & Energy to build oil refinery
Sharjah, UAE--The Hamriyah Free Zone Authority (HFZA) has signed a deal with Infinite Mining and Energy to set up a...
UBS set to complete its takeover of Credit Suisse today
The coming months are likely to be "bumpy", warned UBS chief Sergio Ermotti on Friday, adding the integration will come...
- The merger of Switzerland's two biggest banks will be complex both technically and politically, resulting in a megabank unlike the Swiss have ever seen
- "If the takeover by UBS hadn't succeeded, there would have been an international financial crisis", said Thomas Jordan, chairman of the Swiss National Bank
Arab-China Business: Saudi Environment Ministry inks MoU with Beijing Institute of Genomics
Riyadh, Saudi Arabia – Saudi Arabia’s environment ministry on Monday signed a memorandum of understanding (MoU) with the Beijing Institute...
- The two parties will discuss the possibility of establishing a national platform for research and development in genetics and biotechnology
- The MoU aims to promote the use of advanced genomics technologies, the application of biotechnology solutions in agriculture and big data

