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Honda shares soar 16%

The surge came after the auto giant announced a $7bn buyback.

Mubadala acquires stakes from GHH

It acquired an 80 percent stake in Global Medical Supply Chain.

ADNOC Drilling closes JV

It is a JV between ADNOC Drilling, SLB and Patterson UTI.

Boeing to boost 787 production

The firm will invest$1bn to ramp up production in South Carolina.

ADNOC signs deal with PETRONAS

Under the agreement, ADNOC will supply 1m tons of LNG per year.

Work permits for Golden Residency holders

    The Ministry of Human Resources and Emiratisation has announced the start of issuing work permits for Golden Residency holders.
    The step is an implementation of the Cabinet resolution, under which work permits for Golden Residency holders were created.
    The ministry stated that such permits are required in three cases. First are those who were unemployed when they received their Golden Residency, and wish to start working for a certain employer; second are Golden Residency holders who plan to start working for a new employer, and third, is when a current employer wishes to renew the work permit and contract of a Golden Residency holder.