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Mary Sophia

Mary Sophia

Assistant Business Editor
Abu Dhabi
Mary is a deputy business editor at The National and has an extensive experience in business reporting in the region with both regional and international titles. Prior to joining The National, she was the deputy editor at Forbes Middle East and has also worked with BBC News and Gulf Business. She has interviewed chief executives of leading companies, ministers of state and other policy makers.

Articles

Joint projects by Saudi Arabia and Korea, out of which 20 per cent are industrial projects, are worth about $1 billion. Photo: Aramco
Aramco signs 10 deals with South Korean companies to advance co-operation

State-owned oil company signed one deal and nine preliminary agreements with South Korean companies

EnergyJanuary 18, 2022
Tarek Mounir, chief executive of Enhance Fitness, decided to start an on-demand personal training app after being unable to find something suitable for himself. Photo: Enhance Fitness
Generation Start-up: how UAE personal training app is digitising fitness

Enhance Fitness, an app that offers personal training to users at the touch of a button, plans to expand to Saudi Arabia this year

Start-UpsJanuary 09, 2022
The decision to allow foreign ownership of shares was passed at the company's general assembly meeting on December 12. Ravindranath K/The National
Abu Dhabi's Al Qudra to allow 30% foreign ownership of shares

The company is also tendering for $5.4bn worth of projects as it seeks to expand operations

MarketsJanuary 06, 2022
Simon Penney, Trade Commissioner for the Middle East, said an FTA will align the UK and the Gulf in terms of regulations and procedures, paving way for companies in the Gulf to do business competitively in the UK. Chris Whiteoak / The National
Free trade deal 'will help UK remain among GCC’s major trade partners'

Exclusive: Britain will be able to further boost its economic ties with the bloc while becoming a potential hub for GCC exports, says Trade Commissioner Simon Penney

EconomyJanuary 06, 2022
Inside Cologix's server room. The company has more than 600 networks and more than 300 cloud providers across the platform. Photo: Stonepeak Infrastructure Partners
Mubadala to exit its holdings in US data centre company Cologix

Cologix will be transferred to another Stonepeak-managed vehicle

EconomyDecember 30, 2021
The Ta’ziz Industrial Chemicals Zone in Abu Dhabi. The zone has garnered significant interest from international investors. Photo: Wam
Eight UAE investors to take up to 20% stake in Adnoc's Ta’ziz projects

The local companies will invest alongside Abu Dhabi National Oil Company, ADQ, and other global strategic partners

EnergyDecember 15, 2021
The ADGM and the IFC will support women-led start-ups in coming up with and refining their business plans and pitches. Getty
ADGM and IFC to help women-led start-ups in Mena

The programme will cover Algeria, Egypt, Jordan, Morocco, Tunisia, the UAE, the West Bank and Gaza, and Yemen

EconomyDecember 15, 2021
A solar farm at Masdar City in Abu Dhabi. Masdar's rating could be upgraded if the deal to expand its shareholder base enhances the quality of renewable energy assets. AFP
Moody's affirms Masdar's A2 rating and maintains stable outlook

An A2 rating is sixth-highest credit rating issued by Moody's and indicates low credit risk

EnergyDecember 15, 2021
The new DIFC court will cover fields including big data, blockchain technology, artificial intelligence, cloud services, unmanned aerial vehicles, 3D printing technology and robotics. Lee Hoagland / The National
DIFC to open special court to settle disputes related to digital economy

The Specialised Court for the Digital Economy will deal with disputes arising from current and developing technology

EconomyDecember 14, 2021
A street in New Delhi. India's GDP rose in third quarter, driven mainly by fixed investment and private consumption. AFP
G20 economies accelerate in third quarter of 2021, OECD says

India's economic output rose 12.7% during the period, boosting bloc's overall growth

EconomyDecember 14, 2021
Adnoc's head office in Abu Dhabi. The state oil company's Block 4 concession is operated by the Japan Oil Development Company and Inpex Corporation. Reuters
Adnoc reveals oil discoveries in Block 4 concession

The resources of up to 1 billion barrels of oil equivalent include substantial Murban crude

EnergyDecember 14, 2021
FedEx shipping containers stand outside a warehouse in the US. Bloomberg
GFH partners with Wafra International to acquire US logistics assets

Seven of the facilities are leased to FedEx Ground and one is leased to General Mills

EconomyDecember 11, 2021
Vishal Garg recently apologised to employees for firing them on a Zoom call. Photo: better.com
Better.com CEO who fired 900 workers on Zoom call to take time off, company says

Third-party firm will be hired to assess workplace culture, according to an internal memo

EconomyDecember 11, 2021
Traders at the Dubai Financial Market. The banking and financial sector will gain a full working day in line with global standards due to the recent move. Sarah Dea / The National
UAE’s weekend change to boost economic competitiveness

The step will also lead to better integration of the local economy with global financial markets, analysts say

EconomyDecember 08, 2021
The global ghost, or 'cloud', kitchen market is expected to be valued at $71.4bn by 2027, up from $43bn in 2019, according to Statista. Bloomberg
Dubai start-up GrubTech raises $13m to expand in new markets

The Series A round was led by Addition, with participation from other investors such as BY Ventures and Hambro Perks Oryx Fund

Start-UpsDecember 08, 2021
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