Oman’s fiscal gap sharply down
Rise in revenue cut deficit despite higher spending in 2010
Business
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Mena equity markets to see growth
Emirates NBD says valuations remain attractive
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Private jet business booms
Unrest in region reinforces Dubai’s position as key tourism destination
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Algosaibis to get bank data
BofA, Citibank, StanChart and HSBC told to hand over records
Economy & Finance
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Trade relations with UAE 'will get stronger' after Brexit: UK Minister of State for Trade
The UK pavilion at ADIPEC reflects so much energy; "you can see it from the sky. Someone told me so. It’s so big. It
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UAE named world's 10th most dominant economic, political power
The United Arab Emirates ranked 10th on the list of the world's most dominant economic and political powers in 2018,
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UAE up 10 spots to 11th on World Bank’s Doing Business 2019
His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, Prime Minister and Ruler of Dubai, has affirmed
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FCSA deliberates methods to advance country's global ranking
The United Arab Emirates will continue to scale new heights across global competitiveness indices thanks to the
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AED162 bn real estate transactions conducted in Dubai in nine months
In the latest report issued by Dubai Land Department (DLD), Dubai’s real estate market witnessed a continuous growth
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UAE Dirham appreciates against top non-dollarised trade partners during Q2
The UAE Dirham has continued to appreciate in Q2 2018 against the currencies of the country's top 10 non-dollarised
Corporate
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Over 11,000 people visit Emirates A380 at Bahrain Airshow
The Emirates A380 drew in more than 11,000 visitors in three days at this year’s edition of the Bahrain International
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Intersec 2019 to open in Dubai in January
With Intersec 2019, the world's largest trade and networking event for safety, security and fire protection opens in
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Total of 537,000 business licenses issued by end of October
A total of 537,000 business activity licenses has been issued by the end of October 2018, 1 percent up from August of
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Emirates Group announces half-year performance for 2018-2019
The Emirates Group today announced its half-year results for 2018-19. The Group saw steady revenue growth compared to
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Dubai Aerospace signs new $720m revolving credit facility
Dubai Aerospace Enterprise (DAE) Ltd. today announced that it has signed a new unsecured US$720 million revolving
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ADNOC signs framework agreement with Uzbekneftegaz
The Abu Dhabi National Oil Company, ADNOC, signed, today, a framework agreement with Uzbekneftegaz, a joint stock
Technology
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Emirates Group announces half-year performance for 2018-2019
The Emirates Group today announced its half-year results for 2018-19. The Group saw steady revenue growth compared to
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Google Pay is now available in the UAE
Google have announced the launch of Google Pay in the UAE, which lets people pay simply and securely using their
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Nepal's first robot waiter is ready for orders
"Please enjoy your meal," says Nepal's first robot waiter, Ginger, as she delivers a plate of steaming dumplings to a
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After conquering the world, smartphone faces uncertain future
What is next for the smartphone, which has become the hottest-selling consumer device around the world in just over a
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Importance of technology to promote sustainable consumption models affirmed
Scientists and experts affirmed the importance of using advanced technological tools in promoting sustainable
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Samsung folding screen lets smartphone open into tablet
Samsung on Wednesday showed off a folding screen that lets a smartphone open into a tablet, heralding it as the future
Energy
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ADNOC signs framework agreement with Uzbekneftegaz
The Abu Dhabi National Oil Company, ADNOC, signed, today, a framework agreement with Uzbekneftegaz, a joint stock
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Mubadala Petroleum to acquire interest in Nour Concession in Egypt
Mubadala Petroleum has announced that it has agreed with Eni to purchase a 20 percent participating interest from Eni’s
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Empower establishes world’s largest district cooling project in Business Bay
Emirates Central Cooling Systems Corporation, Empower, is on its way to establishing the world’s largest district
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UAE a role model for peaceful nuclear energy development: Nuclear Inter Jura Congress
The UAE Peaceful Nuclear Energy Programme has been recognised for its unique achievements and coordinated development
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Mohammed bin Rashid Al Maktoum Solar Park adds 250MW to its 4th phase to reach 950MW taking total investment to AED 16 billion
Dubai Electricity and Water Authority (DEWA) has signed an amendment to the Power Purchase Agreement (PPA) with the
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DEWA to install 270,000 new smart meters
Dubai Electricity and Water Authority, DEWA, announced that it would install 270,000 new smart meters across Dubai