Category: BUSINESS

A United Arab Emirates sovereign wealth fund plans to buy a stake in an Israeli natural-gas field for up to $1.1bn, in what would be one of the first major business deals since the nations normalised …
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UAE oil storage company BPGIC is in advanced talks to buy a green energy firm as it aims to diversify its business and contribute to the global push to fight climate change, an industry source close …
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Huda al-Matroushi is one of few Emirati women to venture into the car repair business, an industry that has long been dominated by men in the Arab …
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Emirates and the Dubai Health Authority (DHA) have begun to implement full digital verification of COVID-19 medical records connected to testing and vac …
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The UAE has strengthened its leading position in international competitiveness indexes, related to banking and fiscal policies, by securing places among the top 20 countries in 11 related …
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The current market size of food deliveries and cloud kitchens are estimated at Dh2.73 billion, out of which online deliveries account for 91 per cent …
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Abu Dhabi Ports, which owns and operates 11 ports and terminals in the United Arab Emirates and Guinea, has secured a $1 billion loan with a group of banks, two sources said. Nine banks provided the …
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The value of Dubai Chamber members’ exports and re-exports to Latin America surged 69 per cent to reach a record $60.5 million in the first quarter of 2021, a trend supported by increased activity …
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As the UAE marches ahead with plans to vaccinate 100 per cent of the country’s population by the end of this year, Dubai Gold & …
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Abu Dhabi will add the UK to its list of green list countries on Sunday but the move is unlikely to significantly “move the needle” on demand, according to experts. Passengers a …
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Abu Dhabi is cementing its position as a world-leading hub for innovation with the creation of a new hub aimed at providing tech start-ups with a platform to thrive. ZonesCorp, on …
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The list of sectors and the regulations associated with their entry into the local market will be announced by the UAE Cabinet ‘soon’ …
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ICD-Brookfield opened Dubai’s largest standalone office tower last September, when the worst of the coronavirus outbreak appeared over. More than half a year and another spike in infections later, …
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A landmark legislation in the Commercial Companies Law, which allows 100 per cent foreign ownership of onshore companies in the UAE, is in its final stages of formation, said Abdulla Al Saleh, …
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The United Arab Emirates (UAE) ranks 15th globally in Kearney’s 2021 Foreign Direct Investment (FDI) Confidence Index, up from 19th place in 2020. The UAE business environment demonstrates continued …
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