The price of the Indian basket of crude oil has hit a 10-month low of $88.6 a barrel in November, government data showed …
Prime residential market in Dubai set for world’s strongest growth in 2023
Prime values are being fuelled by Dubai’s safe-haven status, an exceptionally diverse range of international ultra-high-net-worth individuals in search of luxury second homes, combined of course with …
India’s Free-Market Oasis Aims to Take On Singapore and Dubai
India’s newest financial hub is rising from scrubland near the banks of the Sabarmati River once dominated by marsh birds and grazing buffalo. In the state of Gujarat, just a few glass-fronted towers …
Teams for Hero Cup in Abu Dhabi announced with Fleetwood and Molinari as captains
The teams for the inaugural Hero Cup in Abu Dhabi were announced on Monday, with Tommy Fleetwood set to captain the Britain and Ireland side up against a Continental Europe led by Francesco Molinari.
Police in Dubai, elsewhere bust ‘super-cartel’ running 1/3 of Europe’s cocaine trade
Police have smashed a huge drug “super-cartel” that controlled around a third of Europe’s cocaine trade, arresting 49 people in various countries, including six chief suspects in Dubai, Europol said …
UAE’s new family business law to come into effect in January
The impact of this law on the economic development will be huge since 90 per cent of private companies in the country are family businesses,” Abdullah Al Saleh, Undersecretary of the Ministry of …
Dubai free zone group sees profit surge $17%
Sheikh Ahmed bin Saeed Al Maktoum, Chairman of DIEZ, said, “DIEZ’s exceptional results reflect Dubai’s strategic importance for international business and reinforce its position as a global hub for …
Ghana in Talks With Dubai Oil Refiner to Barter Gold for Fuel
The government reached a “tentative” agreement with the Dubai-based oil firm … to the central bank from Jan. 1 as it builds up reserves of bullion to be used to import fuel and reduce demand for …
MENA fintech hubs are channelling funds into the sector but need to keep momentum: Report
A report by Strategy& analysed that the need for the growth of the fintech sector in the region will require public and private collaboration. It also said the fintech hubs are channelling significant …
UAE jobs: New federal law to attract more family businesses, boost economy, says top government official
The decree, which will come into force in January 2023, aims to enhance and raise the family business environment in the country to globally competitive levels …
UAE plans global energy push with $206b oil, gas spending
It will try to raise crude output capacity to 5 million barrels a day by 2027, earlier than the previous target of 2030. Read more at straitstimes.com.
Dubai to develop programme to attract SMEs, startups to emirate
Dubai International Chamber, one of three chambers operating under Dubai Chambers, recently hosted its first Chamberthon competition designed to engage business leaders in Dubai …
Prince Al-Waleed visits Wafi City Mall
Chairman of the Saudi Arabian-headquartered Kingdom Holding Company, Saudi Prince Al-Waleed Bin Talal Bin Abdulaziz Al-Saud has paid a fact-finding visit to Wafi City Mall in Dubai. The Saudi …
Cocaine import network dismantled between France, Belgium, Spain and Dubai
Suspected of importing more than 2 tonnes of cocaine into Europe between January and April 2021, the network was run by two Moroccans and a Frenchman from Dubai.
Abu Dhabi real estate: Nobu hotel and luxury residences opening in 2026
Aldar partners with Nobu to bring branded residences to Mamsha Beach on Saadiyat Island Nobu-branded residences will be coming to Abu Dhabi after the renowned hospitality firm signed a partnership …
Abu Dhabi’s ADQ invests in Greek property start-up Blueground
Chris Whiteoak Abu Dhabi’s ADQ says its investment will help Blueground expand to 50 cities by 2025. Chris Whiteoak / The National . Abu Dhabi’s holding company ADQ has backed …
Sharjah’s National Day 2022 celebrations will showcase strong sense of culture
The UAE’s identity, history, culture and folklore are highlighted in the line-up. Here’s a rundown of the emirate’s National Day calendar. For National Day, entry to all Sharjah Museums’ buildings is …