Oil-exporting countries in the Middle East and North Africa will lose around $224 billion (Dh822.1 billion) in revenues this year due to a fall in oil prices and the impact of Covid-19, which is $46 billion (Dh169 billion) less...
Dubai-based luxury real estate developer registers first-time interest from Nigerian, Canadian buyers, also notes uptick in investors from GCC region, India, China.
Sobha Realty, the leading premium real estate developer, today announced a successful Q3, registering a significant increase in...
Oil-exporting countries in the Middle East and North Africa will lose around $224 billion (Dh822.1 billion) in revenues this year due to a fall in oil prices and the impact of Covid-19, which is $46 billion (Dh169 billion) less...
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...
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...
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...
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...
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...
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
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...
The International Monetary Fund (IMF) and World Bank meetings are set to take place in Abu Dhabi in 2029. This event is expected to have a significant impact on the UAE.
Pakistan has sent fighter jets to Saudi Arabia. That's a big deal. The move comes amid a fragile <a href="https://gulf.informalnewz.com/category/us-iran-relations">US-Iran ceasefire</a>, which is hanging...
An Indian minister has landed in the UAE, marking the first visit by an Indian minister since the Iran war began. This visit is a significant development in UAE-India relations.
