Articles
UAE's non-oil foreign trade rises 27% in 2021 amid economic recovery
The rebound in trade showed the 'economy’s resilience', says UAE's Minister of State for Foreign Trade
Ukraine-Russia crisis: what top analysts say about market impact
Oil, commodities and equities are set for a rollercoaster ride with inflation taking centrestage
ICD and Fireside Ventures invest $7m in Slurrp Farm parent company
Money will be used to increase the healthy snack brand's global footprint and boost its marketing and product innovation
Adnoc's logistics arm leases second LNG vessel to Singapore's AG&P
The ship will be used at the first LNG Import Terminal in the Philippines and will strengthen Adnoc's revenue streams
Global long-term sukuk issuance reached $88bn in 2021, Moody's says
Saudi Arabia, Malaysia and Indonesia accounted for 77% of outstanding sovereign sukuk by the end of last year
Siemens and Saudi Arabia's Desert Technologies to develop solar projects
Capton Energy will invest in initiatives with an aggregate capacity of more than one gigawatt
Investcorp invests $17.5m in Indian pharmaceutical company V-Ensure
The deal will allow the drugmaker to expand and launch its products in North America, Europe and other global markets
Agility boosts stake in UK aviation services company John Menzies
The move comes days after the logistics company acquired 13.2% of shares in John Menzies in a $100m deal
FAB provides ESG trade finance to wind turbine maker Senvion India
Multimillion dollar green trade finance facility issued as part of the lender's net zero goals
DIFC in 2021 reports its highest annual revenue and record new memberships
The free zone recorded 996 new company registrations last year
Dubai residential market remains resilient as property prices rise 33% in January
Prices within the luxury segment rose 35.1% annually as demand for high-end units continues to grow in the emirate
Adnoc and Borealis begin work on $6.2bn Borouge 4 complex in Ruwais
The plant, scheduled to start running by 2025, will increase the complex’s polyolefin production to 6.4 million tonnes
Bahrain to offer long term golden permanent residency visa to attract talent
In order to qualify for the residency visa, an applicant should have resided in the kingdom for at least five years and should earn an average salary of at least $5,306 per month
Dubai mulls reducing government fees to increase economic competitiveness
The Public Revenue Structuring Programme will review all fees collected by the emirate's government entities
Masdar and Alpha Dhabi unit in pact to develop clean energy projects
Joint venture will focus initially on an identified pipeline of projects that have a capacity of more than eight gigawatts
