The Region’s first nuclear power plant is set to begin operations soon, with UAE’s nuclear regulatory authority granting the operating license for Unit 1 of the...
One of the world’s largest port operators is set to delist and return to full state ownership in a deal valuing the company at US$13.9 billion. Port...
(Bloomberg) — Equity markets in the Middle East were mixed as investors reacted to earnings reports throughout the region. The benchmark in Qatar led losses as it...
Kristalina Georgieva, Managing Director – International Monetary Fund (IMF), has warned of serious effects on the world economy if the Wuhan coronavirus outbreak (COVID-19) is not...
First Abu Dhabi Bank (FAB) has issued bonds worth over AED 3 billion via two separate public issuances in three days, marking its first-ever Sterling bond...
Ivanka Trump, advisor to the United States President, today lauded UAE leadership’s efforts to close the gender gap and added that continuing to empower women across...
(Bloomberg) — Abu Dhabi Islamic Bank PJSC is seeking to save about 500 million dirhams ($136 million) by cutting jobs and closing branches as sluggish economic growth...
(Bloomberg) — Eskom Holdings SOC Ltd.’s new boss has taken a first step to reduce the indebted South African power utility’s bloated wage bill while avoiding...
(Bloomberg) — Just as the world’s top sugar traders forecast a global shortage of the commodity, No. 1 raw-sugar importer Indonesia says it wants a record amount...
UAE’s Federal Tax Authority (FTA) has announced that import of waterpipe tobacco (Mu’assel) or electrically heated cigarette plugs not bearing the ‘Digital Tax Stamps’ will be...