Business
GCC advances 20 joint industrial investments at Bahrain forum
GCC advances 20 joint industrial investments at Bahrain forum
Business
Business
UAE's FTA issues new guide for top-up tax multinational enterprises
The guide provides practical explanations and examples to help MNEs understand the relevant requirements
Business
First Sharjah graphene production plant to increase capacity to 10 tonnes
Dana Gas announced that the unit is currently fully operational, with annual production capacity of more than one tonne of high-quality graphene
Business
Dubai’s celebrity-branded homes trend grows with new SRK tower launch
The Dubai Maritime City project will feature Gauri Khan-designed penthouses, wellness-focused amenities and apartments starting from Dh1.65 million
Business
Dubai to permit buildings, villas to offer shared accommodation in more than 44 areas
The Dubai Municipality guide will help reduce overcrowding, congestion and unregulated residential practices across the emirate
Business
Saudi Arabia’s money supply grows 5.6% in August
Saudi Arabia’s money supply grows 5.6% in August
Business
Essar-backed Mesabi Metallics invests $18 billion to build an integrated steel business in the US
Investment will link iron ore operations in Minnesota with a proposed $15 billion steelmaking complex in Iowa
Business
Iraq Central Bank Devalues Dinar after Mideast War Hurts Oil Exports
Iraq's central bank devalued the dinar currency against the dollar on Wednesday, with the country facing a deepening crisis brought on by the Middle East war. Crude oil sales account for nearly 90 percent of Iraq's revenue but its exports have been hurt by the outbreak in February of the conflict between Iran and the United States, which choked off the Strait of Hormuz shipping route. Consumer prices have also risen, while Iraq's foreign currency reserves have fallen by around $20 billion.
Business
Dubai home sale transactions fall in third quarter amid regional uncertainty | The National
Buyers more cautious, with deal volumes and values declining, report finds
Business
Egypt’s net international reserves rise to record $57.35bn in September
Egypt’s net international reserves rise to record $57.35bn in September
Business
Iraq devalues currency as war and Hormuz closure squeeze cash | The National
Cabinet approves central bank recommendation to set new official exchange rate of 1,500 Iraqi dinars per US dollar
Business
Jordan unveils industrial strategies to boost exports, investment through 2029
Jordan unveils industrial strategies to boost exports, investment through 2029
Business
Saudi non-oil economy gains resilience as banks seek new funding: S&P
Saudi non-oil economy gains resilience as banks seek new funding: S&P
Business
Dubai shared housing: Bachelor accommodation not allowed in tourist, commercial areas
Dubai Municipality restricts shared housing to approved zones, bans individual sharing on major tourist streets, and sets a 2027 compliance deadline
Business
Germany confirms role in IEA energy reserves release
Germany confirms role in IEA energy reserves release Germany’s economy ministry says the country will take part in the release of emergency energy stocks agreed by the International Energy Agency in March. “The implementation of the release is currently being processed,” a ministry spokesperson told Reuters in an emailed statement on Wednesday. The announcement follows a separate G7 agreement last week, reached under US pressure, to draw 100 million barrels of crude oil and diesel from emerg…
Business
Guyana: The tiny country with big ambitions fast emerging as a global oil producer | The National
Surging oil production is making South American nation one of the fastest growing economies in the world
Business
Rise introduces Moments, turning market views into multi-trade strategies
The new trading feature is available on iOS and Android in English, Arabic and Spanish
Business
Oil gains as US storm and Houthi air strikes threaten supply
Oil gains as US storm and Houthi air strikes threaten supply