Shweta Jain
Shweta Jain
Assistant Business Editor


Goldman Sachs was the first Wall Street bank to secure a licence in Saudi Arabia to set up its regional headquarters there. Reuters
Goldman Sachs considers setting up Middle East-focused fund

Bank's plan follows similar moves by others including BlackRock, Brookfield Asset Management and Bahrain’s Investcorp

July 16, 2024, 6:28 PM
An Etihad flight arriving at Beijing Daxing International Airport. Photo: Etihad
Etihad Airways in joint venture with China Eastern to develop routes

Abu Dhabi airline sees potential to sign more commercial deals with airlines in other regions, chief executive tells The National

June 05, 2024, 12:00 PM
GE Aerospace and GE Vernova started trading as independent companies on the New York Stock Exchange on Tuesday. AP
GE Aerospace launches as an independent company

The aerospace and energy businesses will now operate as independent entities following healthcare unit's separation last year

April 02, 2024, 2:32 PM
Siddiq Farid, co-founder of SmartCrowd. Photo: SmartCrowd. Antonie Robertson / The National
How SmartCrowd helps people start property investments with Dh500

Generation Start-up: Dubai-based crowdfunding platform allows individual investors to take a fractional share in a rental property, with investment amounts starting as low as $136.15

April 01, 2024, 3:30 AM
Dave Calhoun, Boeing's chief executive, who has announced he is stepping down. Reuters
Boeing chief executive Dave Calhoun to step down by end of year

Commercial head Stan Deal to retire as part of overhaul announced by US aerospace company amid safety crisis

March 25, 2024, 12:55 PM
Parkin is the largest provider of paid parking spaces and services in Dubai, accounting for more than 90 per cent of the emirate's on and off-street paid parking market. Chris Whiteoak / The National
Parkin IPO: Company boosts retail share offering amid strong demand

Overall size of the public float remains unchanged at 749.7 million shares, representing 24.99% of total issued share capital of Parkin

March 13, 2024, 5:51 AM
Emirates is the largest buyer of Boeing's 777X jet, whose delivery is expected in 2025 or 2026. AFP
Emirates calls for changes at Boeing as FAA demands improved safety plan

Airline president Tim Clark hints at 777X delivery delays as US regulator gives plane maker 90 days to come up with a proposal to boost quality on its production line

March 01, 2024, 9:03 AM
Tenaris's Etihad Tubulars is a 200,000-square-metre industrial complex in Abu Dhabi Industrial City. Photo: Tenaris
Tenaris opens $60m industrial complex in Abu Dhabi

Etihad Tubulars houses an industrial training centre, designed for Adnoc engineers and local talent to enhance their technical skills and knowledge

February 15, 2024, 12:52 PM
A door plug, a panel fitted in place of an unused emergency exit, blew out during the Alaska Airlines flight last week. AP
US regulator to boost oversight of Boeing production line

The FAA will assess safety risks after last week's incident led to the grounding of 171 jets with a similar configuration

January 12, 2024, 6:08 PM
A Boeing 737 Max 9 aircraft. The 737 is Boeing's most popular aircraft and its best-selling jet. AP
UAE airlines unaffected by Boeing 737 Max 9 Alaska Airlines incident

Flydubai, a major operator of the aircraft type, said its three jets are unaffected by the directive issued by the US Federal Aviation Administration

January 08, 2024, 4:47 AM
The UAE economy expanded 3.7 per cent annually in the first half of 2023, driven by strong non-oil sector growth. AFP
UAE’s non-oil business activity hits highest level in four years

A substantial rise in new orders supported a marked increase in activity in December, PMI survey finds

January 04, 2024, 5:46 AM
The Riyadh skyline. Saudi Arabia is transforming its economy under its Vision 2030 diversification agenda as it aims to reduce its dependence on oil. Getty Images
Saudi non-oil business activity expanded in December on new orders

New orders rose at their fastest pace in six months

January 03, 2024, 7:34 AM
All new Boeing 737 Max aircraft will undergo the check before they are handed over to customers, said the US Federal Aviation Administration. AFP
Boeing urges 737 Max inspections for possible loose bolt

US aircraft maker recommends checks after operator discovers bolt with missing nut in rudder mechanism during maintenance

January 02, 2024, 12:18 PM
Abu Dhabi skyline. The emirate's total GDP for the January-September period grew 2.8 per cent on an annual basis. Khushnum Bhandari / The National
Abu Dhabi non-oil economy grew 8.6% in first nine months of 2023

The emirate's total gross domestic product also grew by 2.8% during the period

December 29, 2023, 8:02 AM
Uzbekistan President Shavkat Mirziyoyev and Mohamed Al Ramahi, chief executive of Masdar, at the grid connection ceremony. Photo: Masdar
Masdar’s total investment in Uzbekistan reaches $4 billion

Abu Dhabi company says 1.4 gigawatts of clean energy from its projects are now connected to the national grid in the country

December 28, 2023, 11:03 AM