Business

Steinreich bags UAE-Israel Business Council deal

The UAE-Israel Business Council was established to help foster shared opportunities. The UAE-Israel Business Council, comprised of business leaders from both nations to promote trade, innovation and cooperation between them, has named Steinreich Communications its agency of record to help...

Saudi Aramco and SABIC reassess crude-oil-to-chemicals project

The decision comes as oil companies globally re-assess energy projects to conserve cash Dubai: Saudi Aramco and Saudi Basic Industries have decided to re-evaluate their $20 billion crude-oil-to-chemicals project and are now looking at integrating existing facilities instead. The decision comes...

UAE’s economic revival engine shifts to high gear as 15 acts get green light

High-level committee approved six main work streams to implement the 33 initiatives unveiled by the UAE Cabinet. The first phase of a pioneering "33-initiative strategy" designed to revive and turbo-charge the UAE's economic growth received the go-ahead of a high-level...

United Foods Co. to install 2MW solar plant at its Jebel Ali plant rooftop

Significant reduction in carbon emissions by up to 1,400 tonnes is expected Dubai: UAE's United Foods Company is to get a 2,000 KW solar power plant installed on the rooftop of its factory in Jebel Ali Industrial Area. The project...

Oman exempts key sectors from 5% VAT

State-run Oman TV last week said that five per cent VAT will be imposed on goods and services, but with some exceptions. Oman has exempted some key sectors such as healthcare, education and finance from the value-added tax which will...

Dewa repays $1.5 billion bond

Dubai government and its entities have been repaying their debt on time this year, reflecting stable revenues even during the pandemic time. Dubai Electricity and Water Authority (Dewa) on Sunday said it made repayment of $1.5 billion (Dh5.5 billion) bond...

Etihad offers 15% flight ticket discount to frontline heroes

Etihad offers 15% flight ticket discount to frontline heroes Abu Dhabi: Etihad Airways is offering benefits for frontline heroes that include a 15 per cent discount on the airline’s flights and preferential rates for Etihad Holidays’ range of travel packages. Guests...

Abu Dhabi to host oil and Gas Industry exhibition and conference online in November

Over 700 thought leaders and industry experts to participate in 135 planned sessions Abu Dhabi: Abu Dhabi will host the oil and gas industry’s largest on-line exhibition and conference, when the ADIPEC Virtual Conference brings together over 5,000 government ministers,...

Maktoum bin Mohammed appoints DIFC Authority’s Board of Directors

Essa Kazim continues as Chairman of DIFC Authority’s Board of Directors. Dubai: Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and President of the Dubai International Financial Centre, has issued Directive No. (5) of 2020, appointing...

OPEC+ faces growing pressure to change course as ministers meet

The coalition of crude producers gathers on Monday to assess the state of the market Dubai: When OPEC and its allies met last month, Saudi Arabia’s energy minister dared oil speculators to test his determination to stabilize global markets. Now that...

Latest News

Steinreich bags UAE-Israel Business Council deal

The UAE-Israel Business Council was established to help foster shared opportunities. The UAE-Israel Business Council, comprised of business leaders from...

22 Salik services added on Dubai Drive app

The new batch of services include nine main services and 13 subsidiary ones. The latest update on Dubai Drive app has included 22 new services...

Invest in post-graduate education from Curtin University Dubai

The COVID19 pandemic has had an unprecedent impact on the global economy. Across the world, unemployment has reached record levels and consumer confidence has...

3 scammers to pay Dh350,000 each for using others’ Emirates ID to encash cheques

The defendants were also convicted of criminal complicity, fraud and attempted fraud. Three men have been sentenced to two years in jail and fined Dh350,000...

Saudi Aramco and SABIC reassess crude-oil-to-chemicals project

The decision comes as oil companies globally re-assess energy projects to conserve cash Dubai: Saudi Aramco and Saudi Basic Industries have decided to re-evaluate their...