Qatar will only let football fans with match tickets enter the Gulf state during the World Cup tournament, officials said Thursday as they announced that scores of shuttle flights would bring in thousands of fans each day from neighbouring countries. Qatar Airways chief executive Akbar Al Baker said the national...

Qatar Airways and Airbus both said they wanted to settle a bitter billion dollar dispute out of court after the latest hearing Thursday in which each side claimed victory. The airline and leading plane maker have been fighting in the British courts for months over peeling paint on 23 A350...

Ajman’s Department of Finance (DoF) signed a cooperation agreement with First Abu Dhabi Bank (FAB) and Magnati to support the launch of new payment channels and services through the AjmanPay application. This agreement is in line with Ajman government’s strategy of fostering strategic partnerships between the public and private sectors,...

India was the second-largest trading partner of the UAE in 2021 as it accounted for 9 percent of the total volume of the UAE's trade with the world, and 13 percent of the UAE's non-oil exports.

A green hydrogen-based ammonia production facility will be built in Oman.

Occupancy of its portfolio up 80 percent in the year ending 31 March 2022.

Dubai real estate market recorded 445 sales transactions worth AED 1.06 billion and 76 mortgage deals of AED 1.09 billion ($296 million), in addition to 10 gift deals amounting to AED 23.91 million Wednesday, data released by Dubai's Land Department (DLD) showed. The sales included 411 villas and apartments worth...

Emirates Transport (ET) and China's NEV Investment LLC have teamed up to develop New Energy Vehicle Project in the UAE.

Iraqi aviation authorities have been left red-faced after a 10-year-old boy on his own boarded an Iran-bound plane from a busy airport in a Shiite shrine city after several security checks.

Executive regulations governing public-private partnership will be issued soon, an official of the Finance Ministry said.

The meeting also included a discussion of a draft Executive Council decision regarding the executive regulations for the law of renting real estate.

Elon Musk notified US regulators on Wednesday that he will rely less on loans in his bid to buy Twitter, as he and partners put $33.5 billion into the deal. Musk has been courting major Twitter investors in the hope of getting them to partner with him in taking the...

Tokyo stocks opened higher on Thursday following gains on Wall Street, despite ongoing worries over inflationary pressure due to the war in Ukraine. Global markets perked up after the US Federal Reserve released its minutes in which policymakers, as investors expected, agreed that they need to raise rates by 50...

Several partnerships and collaboration agreements were signed between leading aerospace, aviation, space and defense organizations during the sixth edition of the Global Aerospace Summit 2022, hosted by Mubadala. During the summit, LeoLabs announced a multi-million dollar award to provide data and services for the Japan Air Self Defense Force (JASDF)....

Russia said Wednesday that it will start paying its foreign debt in rubles after the United States ended an exemption allowing Moscow to make the payments in dollars held in Russia. The US Treasury announced Tuesday it was closing the escape clause to the drastic financial sanctions imposed on Moscow...

Tehran and Moscow are seeking to expand cooperation in energy and trade, officials said Wednesday, as Russian Deputy Prime Minister Alexander Novak visited Iran. Both countries have huge oil and gas reserves but are constrained by sanctions imposed by the West that limit their ability to export their resources. Novak...

Entrepreneurs, lawyers and art dealers are among those flocking to the financial hub in the oil-rich United Arab Emirates, which had refused to join a UN Security Council vote condemning Russia's war.

India said it has capped sugar exports to safeguard its own supplies and ease inflation, days after a ban on wheat shipments sent global prices soaring in the wake of the Ukraine war.

The London-based think tank InfluenceMap analyzed advertisements and declarations by the companies in the weeks before and after Russia's invasion of Ukraine on February 24.

The World Economic Forum has pleaded for a new partnership between various stakeholders in order to make a difference to people living in fragile zones of the world. In a paper released by the WEF, it calls for a new collaboration between humanitarian and development organizations, businesses, investors and entrepreneurs...

Abu Dhabi Development Fund for Development has financed AED6.5 billion worth of development projects in Jordan.

Digital technologies can reduce greenhouse gas emissions by up to 20% by 2050 in the three highest-emitting sectors: energy, mobility and materials, according to a study by the World Economic Forum and Accenture.

Shaken by the pandemic, the World Health Organization's member states agreed Tuesday to overhaul how they fund the UN health agency, giving it much more money to spend on its own priorities. The budget revamp is aimed at strengthening the organization and making it more agile when responding to global...

The percentage of women on boards in corporate houses across the GCC countries is low, Christiane Schloderer, INSEAD Alumni Association's senior member tells TRENDS.

Tokyo stocks opened lower on Wednesday after US stocks mostly retreated on concerns about growth following a profit warning from the owner of Snapchat that shocked the tech sector. The benchmark Nikkei 225 index was down 0.13 percent, or 36.02 points at 26,712.12 in early trade.

More than 100 lawsuits had been filed against GT by workers, along with three contempt-of-court charges against Yunus and another manager.

The three firms will create green hydrogen and sustainable aviation fuel.

A United Arab Emirates company signed a contract with the Taliban authorities Tuesday to provide ground handling services at Afghanistan's three airports, officials said, as the country seeks to resume international transit. Capital Kabul's only airport was trashed in August when tens of thousands of people rushed to evacuate as...

The Sale and Leaseback (SLB) agreement is for five new Boeing 737 MAX aircraft.

Dubai real estate market recorded 552 sales transactions worth AED 1.42 billion ($386 million) and 78 mortgage deals of AED 210.62 million, in addition to 20 gift deals amounting to AED 120.57 million Monday, data released by Dubai's Land Department (DLD) showed. The sales included 427 villas and apartments worth...

The accelerator programme will provided local and regional start-ups with innovative solutions and strong support system within the thriving SRTI Park ecosystem.

During a recent meeting at Expo Khor Fakkan, the Expo Centre Sharjah reviewed its strategic plans to organise a series of specialised events over the coming months.

TikTok on Monday said it will start letting some popular accounts at the video-snippet streaming star charge subscriptions for live streams. Similar money-making tools have been added to rivals such as Instagram and Facebook as the social media platforms compete for online personalities that attract audiences.

The use of CX capabilities, digital media, predictive analytics can help banks develop personalized Shariah-compliant services, says Dubai Islamic Bank Group CEO Dr Adnan Chilwan.

The conglomerate will invest $99 million as corner investor.

The company to make this investment at the final offer price set by Borouge.

Although the last several months have been hard for listed businesses in the Middle East, yet many have defied the dire predictions to dominate capital markets.

The Davos summit of global political and business elites returns Monday after a Covid-induced two-year break to face another momentous crisis: Russia's invasion of Ukraine.

Al-Sowailem resigned due to “personal circumstances."

Controlling hundreds of thousands of football fans in Qatar's capital will be the biggest security challenge of World Cup 2022, FIFA told police chiefs from competing nations on Sunday. The Gulf state's police are preparing an intricate system of road closures and extra public transport to move rival groups of...

The Financial, Economic and Industrial Affairs Committee of the Sharjah Consultative Council (SCC) reviewed its strategic plans to promote the growth of the private sector. As part of its third ordinary session of the 10th legislative chapter, the committee stressed that its vision, supported by Dr. Sheikh Sultan bin Muhammad...

Dubai Electricity and Water Authority’s (DEWA)’s Research & Development Centre has registered a new patent for an Unmanned Aerial Vehicles (UAV) charging system that enables continuous charging for UAVs, providing longer flying hours with a large storage capacity. This is in addition to improving the efficiency of charging and facilitating...

Iraq's financial reserves are expected to reach $40 billion in case the current fiscal year ends without enacting a budget law, according to Mazhar Muhammad Salih, advisor to Iraq's Prime Minister Mustafa al-Kadhimi. Local media reports quoted Salih as saying that "it is not possible to pass any law by...

Qatar Chamber signed a deal with two Spanish organizations by which it seeks to enhance economic, commercial and trade cooperation with Spain. The two Spanish organizations are Spanish Chamber of Commerce and Madrid Chamber of Commerce, Industry and Services, according to Qatari media reports. Chairman of Qatar Chamber Sheikh Khalifa...

The sale of 625 million shares of the Riyadh-headquartered Kingdom Holding Company is worth roughly $1.5 billion. The company owns the famed George V hotel in Paris and has a majority stake in The Savoy in London.

Iraq's Finance minister said during a Television interview, "Iraq will have a surplus of the difference in selling oil, up to 20 billion dollars," stressing that "in light of the current financial abundance, it is unlikely to resort to borrowing."

The UAE has found its way into an exclusive club of top five tea-exporting countries in the world, with total exports of about AED1.2 billion in 2020.

Fearing visa hassles could cost him his job in Dubai while an economic collapse had dashed any homecoming options, Lebanese executive Jad splurged around $135,000 on a new citizenship for himself and his wife.

A slew of celebrity endorsements helped inflate a multi-billion dollar bubble around digital tokens over the past year, but cryptocurrencies are crashing and some fear NFTs could be next.

The market performed well in 2021, with average home prices and rents increasing by 9.3 percent and 8.3 percent, respectively. Last year's price growth was also the highest since January 2015.