BAKU. Jan 15 (Interfax) – The State Oil Company of Azerbaijan Republic (SOCAR) paid $285 million for last year’s acquisition of a 3% stake in the SARB, Umm Lulu, Bin Nasher and Al Bateel offshore …
Etihad Cargo operates over 300 flights from Ezhou to Abu Dhabi
Etihad Cargo and SF Airlines operate seven weekly flights from Ezhou to Abu Dhabi, ensuring seamless connections to global markets and bolstering capabilities for specialised cargo, including …
UAE and New Zealand trade to triple after Cepa deal
The UAE’s Cepa programme, launched in September 2021, aims to increase its non-oil trade to $1.1 trillion in value by 2031 and double the size of its economy to over $800 billio …
‘In many ways the UAE embodies the nexus of next’ – ADSW
The UAE showcases its transformation from desert nation to renewable energy pioneer through groundbreaking initiatives and a $6 billion solar megaproject, while addressing crucial challenges in global …
Arab Health 2025: Dubai event to showcase $780bn healthcare market
According to insights from Verified Market Research the consumer healthcare market size was valued at $360bn in 2023 and is projected to reach $780bn by 2030, growing at a CAGR of 8.8 per cent during …
Small town investors take fancy to Dubai property
Property developers in Dubai are noticing a significant rise in inquiries from residents of smaller Indian cities due to escalating property prices in Delhi and Mumbai. Indians, especially from Tier 2 …
UAE: Sharjah Police Return Nearly Dh33 Million To Individuals, Resolve Financial Disputes
Nearly Dh33 million have been successfully returned to their rightful owners through Sharjah Police’s Peace is Goodness initiative in 2024, Shar …
UAE: Paid Parking Announced In Sharjah’s Kalba City Starting February 1
Sharjah’s Kalba city will start implementing the paid parking system starting February 1, the Kalba municipality announced on Tuesday.
BEEAH announces Middle East’s first waste-to-hydrogen plant in Sharjah
In collaboration with the Ministry of Energy and Infrastructure (MoEI) and Chinook Hydrogen from the UK and Air Water Inc. from Japan, the plant is expected to unlock a new avenue for the production …
Dubai court orders Drake and Scull’s ex-CEO, official to pay Dh152-million compensation
DSI shares rose 1.38 per cent at the opening of the markets on Wednesday, becoming the most active stock in the early trade …
Malaysian Tycoon Lim Han Weng’s Yinson Raises $1 Billion From Abu Dhabi Fund, Others
Malaysian tycoon Lim Han Weng’s Yinson Holdings is raising $1 billion from investors that include a unit of Abu Dhabi Investment Authority to fund its oil and gas business and bankroll renewable …
UAE and New Zealand trade set to triple after Cepa deal
The Cepa will unlock economic opportunities for Kiwi businesses, secure preferential access for our primary sector exporters, and strengthen supply chains with a key partner in …
Gold smugglers using multiple air carriers with smaller quantities to minimise losses
Seizures of smuggled gold from air passengers by the Directorate of Revenue Intelligence (DRI) in the last two years have shown a particular trend – smugglers using multiple carriers to transport …
Look inside the new Mama Shelter Dubai: Here’s how you can get 50% off a night stay
Located in Business Bay, Mama Shelter Dubai features 197 rooms, each designed with maximum relaxation in mind. That means 100 percent satin cotton sheets, five-star bedding and organic bathroom …
UAE Golden Visa stretches eligibility to students, investors, entrepreneurs in 2025 [How to apply]
The United Arab Emirates (UAE) has announced updates to its Golden Visa program for 2025, further enhancing opportunities for global investors, entrepreneurs, skilled professionals, and exceptional …
Dubai Mall Welcomes Record-Breaking 111 Million Visitors in 2024
An expansion costing AED 1.5 billion is underway at Dubai Mall, adding 240 new luxury retail and dining outlets.
NMDC Energy inaugurates fabrication yard in Saudi Arabia to drive regional growth
NMDC Energy, a provider of engineering, procurement and construction services for offshore and onshore energy clients has inaugurated an advanced fabrication yard in Ras Al Khair, Saudi Arabia, …