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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

In early March, the EU confirmed that it was excluding seven Russian banks from the Swift system. Bloomberg
Iran considers joining Russian financial messaging system to bypass Swift

Russia has been developing its own financial messaging system after some of its banks were blocked from Swift

BusinessMarch 24, 2022
Higher oil prices in 2021, along with fiscal reforms, have helped Oman narrow its government deficits. Silvia Razgova/The National
Oman to use oil windfall to reduce public debt, Sultan Haitham says

The sultanate will ensure inflation remains under control as oil prices continue to surge

EconomyMarch 24, 2022
Properties in Dubai are 'relatively affordable' with prices 25 per cent to 30 per cent below the peak in 2014, S&P says. Bloomberg
Dubai residential property prices and rents to continue increasing in 2022, S&P says

Developers will see revenue growth accelerate over the next four to five years

PropertyMarch 23, 2022
Aecal’s DIFC licence was previously suspended by the DFSA in February 2020 for 12 months. Antonie Robertson/The National
DFSA imposes $1.5m in fines on two companies and two people for unauthorised activities

The companies, belonging to Adenium Group, have been penalised for ‘illegally marketed unregulated collective investment funds’ and breaching other regulations

MarketsMarch 22, 2022
The UAE had 42 co-operatives with 200 branches operating across the country as of the end of 2020. Reem Mohammed / The National
What the UAE's decision on listing co-ops will mean for the market

The country is taking several measures to boost its financial markets and attract new investors

MarketsMarch 22, 2022
Mubadala Petroleum has been present in Malaysia since 2010 and is the operator of Block SK 320 with a 55% interest. Photo: Mubadala Petroleum
Mubadala Petroleum begins gas production at Malaysia project

The pegaga gasfield has capacity to produce 550 million standard cubic feet of gas per day plus condensate

EnergyMarch 21, 2022
Firefighters tackle a blaze at an Aramco terminal in Jazan, which Saudi Arabia said had been attacked by Houthis. Saudi Press Agency via AP
Saudi Arabia 'won’t bear responsibility’ for oil supplies after Houthi attacks

Crude prices continued to climb on Monday as concerns mount about supply disruption

EnergyMarch 21, 2022
The partnership with FTSE is part of the Abu Dhabi bourse's ADX One strategy, which was launched last year to increase market capitalisation. Photo: ADX
ADX adopts FTSE’s industry classification benchmark

The move aligns ADX-listed companies with global sectors, supporting equity research and asset allocation strategies

MarketsMarch 21, 2022
Measures such as car sharing will help to reduce oil demand, says the IEA. Silvia Razgova / The National
Emergency measures can cut oil demand drastically in four months, IEA says

With the Russia-Ukraine conflict posing a threat to energy markets, agency proposes a 10-point plan to avoid supply constraints

EnergyMarch 18, 2022
Emaar Properties held an 80 per cent stake in Emaar Development and its subsidiaries as of December 2021. Reuters
Emaar to boost stake in development unit

Company posted strong results for 2021 as sales surged amid an improvement in Dubai's property market

MarketsMarch 18, 2022
The awards for cementing services will support the continuing expansion of Adnoc's drilling activities. Photo: Adnoc
Adnoc awards $658m to boost crude production capacity

Deals covers company's onshore and offshore fields and will run for five years with option for another two

EnergyMarch 17, 2022
Emirates SkyCargo suspended operations at its DWC hub in April 2020 due to the pandemic. Photo: Emirates SkyCargo
Emirates SkyCargo to reopen freight hub at Dubai's DWC airport

Terminal in Dubai South to handle dedicated freight operations

AviationMarch 16, 2022
Dubai announced in November that it plans to list 10 state-owned companies on the DFM. Pawan Singh / The National
Dewa to list 6.5% of shares on Dubai Financial Market

The utility is the first of 10 state-owned entities to issue an IPO on the bourse

MarketsMarch 15, 2022
Saudi Arabia's Crown Prince Mohammed bin Salman has announced a new strategy for the kingdom's National Development Fund. Reuters
Saudi Arabia's National Development Fund aims to triple non-oil GDP by 2030

The fund has pumped more than $184bn through its affiliates since it was founded in 2017

EconomyMarch 14, 2022
The kingdom plans to turn Riyadh into one of the top 10 city-economies in the world. Photo: Bloomberg
Jadwa Investment launches real estate growth fund

The close-ended, Sharia-compliant investment fund has a target size of $800m

PropertyMarch 13, 2022
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