Russia remains India’s largest supplier of crude oil in February, beating Middle Eastern suppliers in one of their key markets …
UAE, Saudi Arabia to lead IPO Mena markets: EFG Hermes
The IPO markets in Mena have seen strong momentum last year led by GCC countries, especially UAE and Saudi Arabia, says Karim Awad, group chief executive officer of EFG Hermes Holding …
UAE: More IPOs are in the pipeline after the success of Adnoc Gas
Big private sector companies, family-owned businesses and state-owned enterprises are planning to float their shares after the government’s initiative to encourage public listings to broaden the capit …
UAE: Sheikh Mohammed announces $100 billion Asian Infrastructure Investment Bank office
An office of the Asian Infrastructure Investment Bank (AIIB) will be established in the UAE, the country’s Vice-President announced on Monday as he chaired..
UAE to set up $100 billion Asian Investment Bank office
Sheikh Mohammed said on Twitter, “Today, I chaired a meeting of the Council of Ministers at Al Watan Palace in Abu Dhabi, during which we approved 4 international economic agreements and approved the …
Saudi Arabia says it deposited $5B in Turkish central bank
Saudi Arabia said Monday it deposited $5 billion into the Turkish central bank, likely helping Ankara firm up its long-weakening currency, the lira, after last month’s massive earthquake that struck …
Dubai court acquits 14 in major Dh4.4 million embezzling case
Employees of a hotel group were found to have transferred money from their company to other firms for a period of two years …
General Atlantic, IHC and Abu Dhabi fund team up on investment firm
The new investment group will manage a series of assets drawn from ADQ, Abu Dhabi Growth Fund and International Holding Company, a once small company that now dominates the emirate’s stock exchange …
Last Weekend Now: Brits Dominate and Gustav Iden’s Shoes Confiscated in Abu Dhabi, Short Swim in South Africa, and More
The World Triathlon Championship Series picked up right where it left off, in Abu Dhabi, while Ironman resumed racing in New Zealand and South Africa. Alex Yee embodies everything that is great about …
UAE: Abu Dhabi forum highlights importance of protecting heritage sites in war zones
UAE official says preservation of cultural heritage can assist in rebuilding a society in the aftermath of conflict …
Exclusive: Russian crude oil heads to UAE as sanctions divert flows
The United Arab Emirates has been taking more cargoes of Russian crude oil, according to ship tracking data and trading sources, in another example of how Western sanctions on Russia have adjusted …
Dubai Ramadan offers: Supermarket slashes more than 10,000 prices by up to 75%
Dubai supermarket is cutting prices of 10,000 items by up to 75% as part of 2023 Ramadan offer Dubai Ramadan offers: Supermarket slashes more than 10,000 prices by up to 75% Dubai, Ramadan, Ramadan …
TCS emerges as top employer in UAE, Saudi Arabia, and South Africa
Tata Consultancy Services (TCS) is recognised as a top employer in the UAE, Kingdom of Saudi Arabia, and South Africa for 2023 by the Top Employers Institute for the eighth successive year. Besides, …
No current plan for the UAE to leave OPEC oil alliance, sources say
The UAE does not currently plan to leave the influential OPEC producers’ alliance, according to two officials with knowledge of the matter.
UAE President and VP preside over swearing-in of newly appointed ministers
The President His Highness Sheikh Mohamed Bin Zayed Al Nahyan, and His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Monday …
UAE: 7 emirates sign Net Zero 2050 Charter to develop policies for climate action
Cimate change affects public health, food and water security, wildlife and biodiversity; and causes air pollution, highlights minister …
Sheikh Mohammed orders UAE public schools to be run by private sector
Experienced UAE private sector education firms will take over the running of public schools Sheikh Mohammed orders UAE public schools to be run by private sector Sheikh Mohammed, uae schools Education …