(Bloomberg) — Abu Dhabi-based construction firm Al Fara’a Group is in talks with banks to restructure about 2 billion dirhams ($545 million) in liabilities, according to people...
Abu Dhabi National Oil Company (ADNOC) today announced a new gas find with 80 trillion standard cubic feet (TSCF) of shallow gas resources, which could contribute...
(Bloomberg) — From an unpredictable monetary policy to its noisy domestic politics, Kuwait is often the odd one out in the Gulf. It boasts the region’s first female finance minister...
(Bloomberg) — Chinese stocks plummeted by the most since an equity bubble burst in 2015 as they resumed trading amid the worsening virus outbreak. The CSI...
Dubai Tourism and Dubai Land Department have joined hands to promote Dubai’s real estate and tourism sectors. Both entities signed a Memorandum of Understanding (MoU) as...
Middle East oil demand growth is expected to be challenged by many aspects, mostly related to geopolitical issues and economic transformation policies, including subsidy reduction programmes....
Global media leader Michael Garin has been appointed as CEO of the thriving media and entertainment hub, twofour54 Abu Dhabi. The position had fallen vacant following...
(Bloomberg) — Everyone from environmentalists to investors is beating up on fossil fuels, and American energy giants Exxon Mobil Corp. and Chevron Corp. are taking increasingly diverging...
(Bloomberg) — Jeff Bezos was sued for defamation by his girlfriend’s brother in a lawsuit accusing the Amazon.com Inc. chief executive officer of falsely claiming the brother...
(Bloomberg) — Uber Technologies Inc. has suspended 240 user accounts in Mexico to contain the potential spread of coronavirus. The users suspended had ridden with two drivers...
