Friday, November 13, 2026

Anand Kumar

Mena gas investments surge to $126b

Gas demand is expected to grow by approximately 3.8 to four per cent on average compared to six per cent in 2019 Investments in the Middle East and North African region's gas sector have shown a steady surge to reach...

Consortium of UAE investors comes to Jet Airways’ rescue

Creditors, mainly Indian public sector banks, took over Jet in early 2019 but failed to keep it operating as its cash crunch grew. A consortium comprising a UAE-based entrepreneur and Kalrock Capital was given the final go-ahead to rescue the...

‘VAT-free offers’ misleading: FTA

Sellers may take a commercial decision to absorb VAT in order to make the price of promotional goods more attractive to potential buyers. The UAE's Federal Tax Authority (FTA) has clarified that "VAT-free special offers" are misleading and contrary to...

Over 200 tourist visa holders from India, Pakistan return home

Hundreds of travellers continue to be stranded at DXB as authorities enforce entry requirements Over 200 stranded tourist visa holders from India and Pakistan, who were unable to meet the minimum entry criteria set by the UAE Immigration authorities, had...

Oil market to rebalance by end-’21

Global oil demand is expected to rebound to pre-pandemic levels by 2022 while supply tightens, creating a deficit, Energy Intelligence has reported, quoting the chief executive officer of Saudi Aramco. Amin Nasser said China would once again be the focus...

Arabtec wants to protect its oil and gas subsidiary Target from liquidation

Asks lenders for debt standstill deal related to their Target exposures Dubai: Arabtec Holding asked banks this week for a three-month standstill on debt repayments for its subsidiary Target, sources said, as the Dubai-listed builder that is facing liquidation seeks...

UAE-Israel accord could bring new sparkle to Dubai diamond trade

Traders in Dubai say they have been inundated with enquiries from Israelis, who traditionally trade in Antwerp. The week that Israel and the United Arab Emirates normalised ties, Israeli diamond trader Zvi Shimshi headed to the United Arab Emirates to...

Driver held as car crashes into petrol pump in Sharjah

Two employees sustained minor injuries in the accident. A motorist has been arrested after his vehicle crashed into a petrol pump in Sharjah. The accident was reported on Al Ittihad Road near Al Khan Bridge. Speaking to Khaleej Times, Major-General Saif...

Shuaa launches $200 million Financing Opportunities Fund

Shuaa raised over $140 million in the last 3 months Dubai: Shuaa Capital on Sunday announced that it has launched a $200 million ‘Shuaa Financing Opportunities Fund’ targeting special situations in the GCC. The fund has already attracted a total...

Abu Dhabi residents need ICA approval to land in Sharjah

Air India announced travel update for passengers flying to Sharjah International Airport. India's national carrier Air India and its subsidiary Air India Express on Friday announced a travel update for passengers flying to Sharjah International Airport. From today, residents from the...

About Me

2955 POSTS
0 COMMENTS

Latest News

GFH aims to double assets to $50bn, seeks Saudi listing and Bahrain stake buyout

GFH announced a target to increase managed assets to $50 billion within three years, driven by strategic acquisitions. The group also plans to acquire a controlling share in Al Saif Real Estate and consider a Saudi market listing.

Bahrain Hosts Sixth GCC Cyber Defence Exercise with Five Member Nations

The sixth Gulf cyber exercise took place in Bahrain, bringing together cybersecurity experts from five GCC countries. Leaders highlighted the importance of coordinated training and skill development.

Rohit Sharma greets audience in Malayalam, hails Sanju Samson as favourite “Chetta”

Rohit Sharma surprised a live audience by using Malayalam on his “Family Full House” program, naming Sanju Samson as his favourite “Chetta.” The exchange sparked applause as the duo prepares for the ongoing ODI series in New Zealand.

Dubai leads global super‑prime market despite Q3 slowdown, HK edges ahead in value

Dubai recorded the highest number of $10 million‑plus property transactions in Q3 2026, though sales dropped 34% from the prior quarter. Hong Kong surpassed Dubai in aggregate value, marking its first lead since Q2 2022.

Indian Ambassador meets Bahrain Navakerala officials to discuss diaspora welfare

Dr Pradeep Singh Rajpurohit, the newly appointed Indian Ambassador to Bahrain, was received by Bahrain Navakerala leaders. The talks centered on the welfare of the Indian community and ongoing support projects.