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Aarti Nagraj

Aarti Nagraj

Aarti has over 15 years of experience working with digital, print, TV and radio news organisations in the UAE and India. Previously the editor of Gulf Business, she has interviewed several business leaders including Saudi’s Prince Alwaleed Bin Talal, GE chairman Jeff Immelt and Microsoft president Brad Smith, among others.
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Articles

DP World currently operates five container terminals in India, including one in Mundra,. Photo: DP World
Dubai-based DP World to invest $510m to develop terminal in India's Gujarat

The greenfield terminal will have the annual capacity of 2.19 million TEUs

BusinessAugust 25, 2023
A street vendor passes a book store in Istanbul, Turkey. Recent indicators point to a continued increase in the underlying trend of inflation, the central bank said. Bloomberg
Turkey's central bank raises key rate to 25% to counter rising prices

The regulator has said it will continue to tighten monetary policy until it brings down inflation, which currently stands at 47.83 per cent

EconomyAugust 24, 2023
Brazil's President Luiz Inacio Lula da Silva, China's President Xi Jinping, South Africa's President Cyril Ramaphosa, India's Prime Minister Narendra Modi and Russia's Foreign Minister Sergei Lavrov raise their arms as they pose for a group photograph in Johannesburg. AFP
Expansion of the Brics group could lead to 'different world order', analysts say

The move will support countries such as the UAE and Saudi Arabia to boost trade within the bloc and also help set a global policy agenda

EconomyAugust 24, 2023
Bayanat is working with partners for the self-driving TXAI service in Abu Dhabi. Khushnum Bhandari / The National
Abu Dhabi smart city plans to be boosted with satellites and self-driving taxis

UAE-based AI and data company Bayanat working with government on smart infrastructure

TechnologyAugust 23, 2023
JFS chairman KV Kamath and BSE chairman Subhash Mundra ahead of the listing ceremony in Mumbai. Reuters
Reliance's Jio Financial shares drop on market debut in Mumbai

The recently carved-out financial services business of the Indian conglomerate listed on the BSE on Monday

MarketsAugust 21, 2023
A solar plant in Uyayna, north of Riyadh. The kingdom's National Renewable Energy Programme aims to generate 50 per cent of electricity from renewable sources by 2030. AFP
Two Saudi solar projects at financial close with $2.4bn investment

The projects, with capacity of more than 2.6 gigawatts, are being developed by Acwa Power, PIF's Badeel and Aramco's power unit

EnergyAugust 20, 2023
A beacon rises above the harbour at the King Abdullah University of Science and Technology (Kaust) near Jeddah. Reuters
Saudi Arabia launches $200m fund to invest in high-tech

The fund, part of Kaust's new strategy, aims to enhance economic diversification and contribute to the creation of high-quality technical jobs

TechnologyAugust 20, 2023
The first crude oil transaction under the local currency settlement was made using Indian rupees and dirhams. Ryan Carter / The National
India has started buying UAE oil with rupees - here's what it means

The first crude oil transaction under the system took place between Adnoc and the Indian Oil Corporation

EconomyAugust 17, 2023
The rouble slid past the value of 100 to the US dollar on Monday and hit its cheapest since the immediate aftermath of Russia’s invasion of Ukraine. EPA
Why did the Russian rouble drop and where is it headed?

Western sanctions, a cap on the price of Russian oil and a surge in imports have weighed on the currency

EconomyAugust 17, 2023
Riyadh skyline. Saudi Arabia, which generates the bulk of its revenue through the sale of hydrocarbons, is diversifying its funding base. AFP
Saudi Arabia issues new sukuk worth $9.6bn after early purchase of debt

The new sukuk issuances will be done in four tranches

EconomyAugust 13, 2023
ADIB reported a 56 per cent annual increase in revenue in the second quarter. Khushnum Bhandari / The National
ADIB posts 61% rise in Q2 profit on revenue boost

Islamic lender's funded income increased by 71% during the reporting period, driven by higher rates and strong finance growth

BankingJuly 27, 2023
A burnt-out restaurant after a forest fire near Melloula in north-western Tunisia, near the Algerian border. AFP
What are the economic implications of the wildfires?

Tourism and agriculture sectors will be affected more

EconomyJuly 26, 2023
The UAE's economy grew by 7.9 per cent in 2022, according to official data. Khushnum Bhandari / The National
UAE government revenue hits $32bn in first quarter amid economic boom

Financial performance enhances the country's competitiveness and its move towards sustainable socio-economic development, says official

EconomyJuly 25, 2023
The redevelopment of Al Jimi Mall in Al Ain is set for completion in the first quarter of 2025. Photo: Aldar
Aldar to redevelop Al Jimi Mall and Al Hamra Mall

Developer will spend $136m on revamping the shopping centres in Al Ain and Ras Al Khaimah

PropertyJuly 25, 2023
Abu Dhabi-listed Multiply Group aims to make more acquisitions to expand its portfolio. Photo: Multiply Group
Multiply profit soars as income from businesses rises

The group, which has access to $544m in cash and more than $1bn in financing capacity, plans to seek opportunities in the UAE and globally

MarketsJuly 25, 2023
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