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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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Self-driving vehicle service Txai has been operating on Abu Dhabi roads. Photo: ITC Abu Dhabi
UAE grants first autonomous vehicle self-driving licence

Chinese company WeRide will begin testing all types of autonomous vehicles on UAE roads

TechnologyJuly 09, 2023
The UAE is currently hosting the annual Egmont Group Plenary, with the use of IT to enhance AML/CFT operations on the agenda. Photo: UAE Central Bank
UAE takes 'significant steps' in tackling money laundering and financial crimes

Country is hosting annual Egmont Group Plenary this year

EconomyJuly 06, 2023
Qatar Airways operated about 14,000 flights that brought in more than 1.4 million passengers during the Fifa World Cup. AFP
Fifa World Cup helps Qatar Airways post 45% increase in revenue

The airline's passenger numbers surged by 71 per cent to 31.7 million in the last fiscal year

AviationJuly 06, 2023
Dubai skyline. The UAE was ranked first in the Arab world and 16th globally in terms of FDI inflows last year. Getty
UAE's Ministry of Investment to further boost FDI after record year

The country's inflows hit $23 billion last year, up 10 per cent annually

EconomyJuly 06, 2023
The UAE Central Bank has passed several regulations to ensure strict adherence to AML/CFT guidelines by financial institutions in the country. Photo: UAE Central Bank
UAE hosts Egmont Group Plenary in drive against financial crimes

Event will discuss how financial intelligence units can use technology to prevent money laundering

BankingJuly 04, 2023
The Dubai skyline at dusk. The UAE is focusing on boosting non-oil sectors to support economic growth. AFP
UAE economy grew 7.9% in 2022 amid diversification strategy

The country's GDP reached $442bn at constant prices last year, as non-oil sector boosted growth

EconomyJune 25, 2023
A woman working at a quick-service garage in Jeddah. AFP
Surge in women participating in Saudi workforce a boon for consumption

The wholesale and retail trade sector in the kingdom expanded by 7.5 per cent in the first three months of the year

EconomyJune 23, 2023
Kayaking in the mangroves in Abu Dhabi. The UAE is recording a surge in its travel and tourism sector. Photo: DCT Abu Dhabi
UAE Central Bank raises non-oil growth forecast for 2023 on tourism boost

The banking regulator has also marginally lowered its inflation projection for this year to 3.1 per cent

EconomyJune 22, 2023
Bustanica vertical farm in Dubai. AgriTech is a key element of the UAE’s National Food Security Strategy 2051. Photo: Bustanica
Emirates Development Bank launches AgriTech loans scheme

Initiative will target farmers, local producers, technology providers, equipment suppliers and others

BankingJune 20, 2023
The Muttrah skyline. Oman's current account is projected to remain in surplus over the medium term, the IMF said. Getty
Diversification and oil windfall give Oman economy a boost, IMF says

Non-hydrocarbon growth is expected to rise to 2% in 2023 and 2.5% in 2024

EconomyJune 20, 2023
OKX, which is based in the Seychelles, has opened a new office in Dubai World Trade Centre. Pawan Singh / The National
Dubai regulator grants viable product licence to crypto exchange OKX

Company plans to hire more staff for its Dubai office as it seeks to expand across the Middle East

CryptocurrenciesJune 15, 2023
Sectors expected to drive growth in the UAE's exports include metals and minerals, as well as plastics and rubbers, according to Standard Chartered. Photo: DP World
UAE exports forecast to hit $545bn by 2030, Standard Chartered says

The Emirates' progressive policies are supporting trade growth, with India to remain largest partner

EconomyJune 01, 2023
Workers assemble electric vehicles at a Lucid Motors plant in Casa Grande, Arizona. Reuters
Lucid to raise $3bn through stock offering, with majority coming from PIF

The sovereign wealth fund, which owns about 60% of the electric car maker, will buy 265 million shares for $1.8bn

MarketsJune 01, 2023
The UAE will apply the federal corporate tax with a standard statutory rate of 9 per cent starting from the financial year beginning on June 1. Antonie Robertson / The National
UAE issues three new corporate tax decisions

Ministry of Finance clarifies conditions for business mergers without triggering liability

EconomyMay 31, 2023
Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies. The new Central Bank guidance discusses the risks arising from dealing with virtual assets and virtual asset service providers. Reuters
Central Bank issues guidelines on anti-money laundering related to virtual assets

It applies to licensed financial institutions and aims to assist their understanding of risks in dealing with the sector

BankingMay 31, 2023
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