Articles
Abu Dhabi launches $100m investment fund to attract top restaurants
Financing will support building a culinary school to help with recruitment, training and staffing for the sector
Dubai could exceed pre-Covid tourist numbers this year, report says
City recorded 'strong start' to year, hosting 1.63 million visitors in February, up 7% from 2019
Boeing's 737 delivery target for this year is achievable despite parts issue, Moody's says
The US plane maker will probably hand over between 400 and 450 of its 737s in 2023
Mubadala Capital unit to invest $2.5bn to make renewable fuel in Brazil
Acelen will produce diesel and sustainable aviation kerosene at its Mataripe Refinery in north-eastern state of Bahia
Acwa Power to build $677m desalination plant in Saudi Arabia
Project's financial close is expected during the third quarter of this year
Four Saudi special economic zones launched to attract foreign investors
The zones focus on the key growth sectors of advanced manufacturing, cloud computing and medical technology
Google survey: Half of executives say economic headwinds slowing green push
Difficulties in measuring ESG impact and lack of effective organisational structures hampering companies' sustainability efforts
Oman’s Ahli Bank board rejects Bank Dhofar merger offer
Ahli Bank's board decided not to accept a non-binding merger proposal from Oman's second-biggest lender
Recurring food crises to worsen emerging markets' credit risks, Moody's says
Global food prices are expected to remain at 'historically high' levels throughout 2023 due to the Russia-Ukraine war, tight supplies and volatile weather
Global economy to slow this year, risking a 'lost decade' for developing nations
Growth to drop to 2.1 per cent, compared to 2.2 per cent projected earlier, from 3.1 per cent in 2022
Chimera and Haeres Capital forge joint venture to invest in European luxury brands
Newly created ChimHaeres buys a majority stake in Italian coach-builder Zagato and 100% of French haute couture label Vionnet
UAE's trade to grow amid non-oil sector growth and Cepa deals, economists say
Gulf country's trade volumes to remain 'robust' despite economic headwinds in Europe and the US
UAE's e& to acquire majority stake in Careem Super App for $400m
Uber will retain 100 per cent ownership of the Careem ride-hailing business that it acquired in 2020
Why Elggo's mental health outreach focuses on schoolchildren
The Dubai-based education technology start-up aims to enter Saudi Arabia next year
High food prices 'to weigh on Mena economies' growth in 2023'
About one in five people in developing Mena countries will face food insecurity this year and almost 8 million children under the age of five will be hungry, report predicts
