The UAE's Ministry of Energy and Infrastructure said on Wednesday that it is intensifying inspections of liquefied natural gas (LNG) shipments coming to the country in collaboration with its partners. Intensified inspections are being carried out to ensure compliance with standards and technical regulations and specifications in place in the...

Debts of 4,511 Emirati citizens, amounting to AED1.15 billion ($313 million), have been waived by 20 banks and financial institutions, the Non-performing Debt Relief Fund announced on Wednesday. The banks that waived the debts are First Abu Dhabi Bank, Abu Dhabi Commercial Bank, Emirates NBD, Abu Dhabi Islamic Bank, Standard...

According to the operator, as many as 1.8 million passengers are expected to pass through DXB between November 25 to December 5.

The inaugural edition of the GMIS America will take place in 2022 in Pittsburgh as a homage to a city that has rebounded from significant industrial challenges.

It is vital for the economic development of the Middle East by fostering innovation, entrepreneurship and creating large-scale employment opportunities in the region, says an expert.

Iraq is making efforts towards joining the World Trade Organization and its Minister of Trade will visit Geneva to discuss the issue. A government delegation will visit Geneva next week to reach an agreement with European trade ministers and European countries in this regard, Muhammad Hanoun, the spokesman for the...

India's government will introduce a bill to ban private cryptocurrencies and create a framework for a central bank-backed digital money, parliament said in a shock announcement late Tuesday.

Oman's finance ministry has issued government treasury bills worth Omani Riyal 75 million ($194 million). Treasury Bills are short-term highly secured financial instruments that provide licensed commercial banks the opportunity to invest their surplus funds. The Central Bank of Oman (CBO) acts as the issue manager and provides the added...

The Turkish lira plunged to record lows against the dollar on Tuesday after President Recep Tayyip Erdogan said policymakers have no appetite to hike interest rates in response to the currency's fall.

Trade between Dubai and Israel has grown to $700 million since September 2020 when the Abraham Accords were signed.

Ooredoo and Qatar Financial Centre have signed a partnership agreement to leverage joint experience, expertise, and capabilities to further extend and develop collaboration between the two entities.

Qatar Free Zones Authority (QFZA) and Doha Venture Capital (DVC) have signed an agreement with Aspiration to expand access to sustainability services in the region.

The company is part of the UAE-based Gulftrainer group.

In the eye of the storm of allegations that it did not act against child abuse, Meta said the campaign will prevent exactly those things.

"During the pandemic, e-commerce grew in popularity since it was the most viable — or only — choice at the time. But, as meteoric commerce's rise continues, shoppers — notably in the fashion-lifestyle area — are returning to physical stores in growing numbers," said Shehbaz Shaikh, chief retail officer of...

With the current global circumstances accelerating the need for immersive tools such as augmented reality and virtual reality, businesses across the UAE must invest in technologies in order to stay ahead of the digital curve, Maria Pace said. She was speaking at the ‘Immersive Technologies: Unlocking a Mixed Reality’ panel...

The US Treasury has said in a statement that the deal with Turkey "represents a pragmatic solution.”

Emirates Global Aluminum (EGA), the largest industrial company in the UAE outside of oil and gas, has joined the in-country value (ICV) program of the Ministry of Industry & Advanced Technology (MoIAT). EGA’s aluminum is the biggest made-in-the-UAE export after oil and gas and is shipped to over 50 countries...

The Dubai International Financial Centre (DIFC) Courts said on Monday that all its internal processes and customer-facing services were now operating fully digital. Following the launch of the Dubai Paperless Strategy in 2018, the DIFC Courts accelerated the integration of all services into its extensive digital infrastructure, DIFC said in...

Saudi Arabian Mining Co., has established a fertilizer terminal in the African state of Malawi through its subsidiary, the Meridian Group.

A total of 600,000 fish fingerlings have been delivered to several aquaculture companies in the UAE, including Emirates National Fish Farming Company, by the Sheikh Khalifa Marine Research Centre. The delivery is part of the UAE’s efforts to develop the fishing sector to support the nation’s food security plans, local...

Nuqtah, Saudi Arabia’s first non-fungible token marketplace, has closed its pre-seed funding run, but it has not revealed how much it raised.

Dubai Airport Freezone Authority (DAFZA) has signed a strategic cooperation agreement with Export Bahrain, establishing frameworks for technical collaboration.

The factors that draw students to the US include the learning environment, a global perspective, and better employment prospects.

The Central Bank of Kuwait (CBK) has launched the fourth round of the Certified Shariah Auditor program to strengthen the Shariah supervision of Islamic banks in Kuwait and reinforce Shari'ah-compliant auditing in such banks. The CBK organized the new edition of the program as part of the "Kafa'a Initiative", which...

United Arab Emirates’ National Oil Company (ENOC) has signed a three-year agreement with Royal Marine Services in Egypt to distribute its lubricants.

Iran and Azerbaijan will sign agreements for cooperation in various energy sectors soon, according to Iranian Oil Minister Javad Oji.

Saudi Airlines (Saudia) has been ranked as the best brand of the year 2021 in the kingdom, rising from eighth place three years ago, according to marketing research company YouGov. Saudia won this recognition as a result of its efforts aimed at the continuous development of its services and products,...

The robots being used in the restaurant are imported but the installation, applications and their servers are managed by the University of Mosul.

The fund invests in early stage FinTech and SaaS companies.

Dbeibah is a Canadian-educated business tycoon who has used his post to build a solid popular base. He was elected in February under an UN-led peace process and tasked with leading the country up until its first-ever direct presidential poll.

The Saudi Authority for Industrial Cities and Technology Zone (MODON), has teamed up with Mohammed Bin Laden Co. to develop an industrial city exceeding 5 million square meters.

The second richest man in Egypt, Sawaris has said that the Egyptian government should act only as a regulator of the economic activities instead of being the owner.

Indian police have charged executives from Amazon's local arm over claims the US retail behemoth's online portal was used to smuggle and sell marijuana.

More than 55,000 new business licenses were issued during the first ten months of 2021 by the Business Registration and Licensing sector at Dubai’s Department of Economy and Tourism.

Mohsen Saqer Hussain will serve as an advisor to the Board.

Tadawul is looking to raise up to $1 billion from its initial public offering (IPO), after setting the price range per share between SR95 and SR105.

Development of drainage stations, water treatment plants, pumping, and rainwater drainage networks in several parts of Doha.

Lewis Hamilton maintained the momentum from last week's stunning win in Brazil to claim pole for the inaugural Qatar Grand Prix after a "really sweet" qualifying lap on Saturday.

The United Arab Emirates has given three proposals to the International Maritime Organization (IMO), supporting the reforms undertaken by IMO on the development and improvement of the work system.

Emirates Post and ENOC Group have partnered to improve delivery services in logistics and e-commerce field in the UAE.

India's Reliance oil-to-telecoms giant is abandoning a $15 billion deal for Saudi Aramco to buy a 20 percent stake in its oil refining and chemicals unit as the firm pivots towards renewable energy. Reliance and other major Indian firms have since poured billions of dollars into green power to reduce...

HAYVN, the Abu Dhabi-based digital currency platform, has closed Series A funding round led by Red Acre Ventures and Hilbert Group.

Qatar's investment in French giants Paris Saint-Germain, and its use of the club as a central tool for the gas-rich emirate's soft power diplomacy over the past decade, is unlikely to change after next year's World Cup, experts predict.

Abu Dhabi Health Services Company (SEHA) and Abu Dhabi Energy Services (ADES) have begun the first phase of their Energy Savings Framework Agreement.

The Ministry of Industry and Advanced Technology (MoIAT) and Abu Dhabi’s Department of Economic Development (ADDED) will work on proposing and preparing policies, strategies and legislation to promote Emirati products, local industrial output and in-country value (ICV). This plan of action is in line with the objectives of the National...

The Saudi Industrial Development Fund (SIDF) has teamed up with Al Rajhi Bank to provide a documentary credit service.

Dubai index outperformed GCC peers, following the emirate's announcement of plans to open a $545 million market-making fund and IPOs for 10 government-backed companies.

So far more than two million visitors have marked their presence in the five-month long arts and culture festival.

Under the agreement, ENOC will fuel up to 30 helicopters of Air Chateau.