Shweta Jain | The National

Sam Altman was ousted by the company on Friday after the board found he was not consistently candid in his communications. AFP

Sam Altman returns as OpenAI CEO

Company agrees in principle to partly reconstitute the board of directors that had fired him

TechnologyNovember 22, 2023

Pure Health has a network of more than 25 hospitals, 160 laboratories and 100 clinics. Victor Besa / The National

UAE’s Pure Health to launch IPO next month

The healthcare group will list its shares on the Abu Dhabi bourse

MarketsNovember 21, 2023

The UAE economy expanded by 3.7 per cent annually in the first half of 2023. Khushnum Bhandari / The National

UAE’s non-oil business activity hits highest level in four years

Sharply rising new orders supported a marked increase in activity in October, PMI finds

EconomyNovember 03, 2023

Tecom’s net profit in the first nine months of the year increased by more than 20 per cent to Dh768 million, compared with the same period a year earlier. Photo: Tecom

Tecom's Q3 profit rises 34% on strong commercial property demand

Revenue in the three-month period increased by 10% annually to about $147 million

MarketsNovember 01, 2023

Akbar Al Baker, Qatar Airways' group chief executive, is stepping down next month after more than a quarter of a century in the position. Reuters

Qatar Airways' boss Akbar Al Baker to step down after 25 years

Chief executive will be succeeded by Badr Al-Meer, chief operating officer of Hamad International Airport

AviationOctober 23, 2023

Adnoc's LNG refineries on Das Island were built in the 1970s. Photo: Adnoc

Adnoc Gas signs LNG supply deal of up to $700m with Japan's Jera

Agreement brings the total value of LNG supply agreements signed by the UAE company since its listing in March to between $9.4bn and $12bn

EnergyOctober 18, 2023

The Dubai skyline. The upturn in new work in the UAE was the fastest since June 2019. Sarah Dea / The National

UAE non-oil economy strengthened in September

New orders accelerated sharply to a more than four-year high, the S&P index shows

EconomyOctober 04, 2023

Shaffra aims to transform the traditional ways of engaging with customers in a virtual space. Photo: Shaffra

Generation Start-up: How Shaffra is helping companies enter the metaverse

UAE platform offers a cost-effective solution for government agencies and corporates to build their own metaverse

Start-UpsOctober 02, 2023

The Dubai skyline. The emirate's public debt-to-GDP ratio now stands at a safe level of 25 per cent. Reuters

Dubai government reduces public debt by Dh29 billion

Achievement comes within 16 months of the establishment of the Public Debt Management Office

EconomySeptember 26, 2023

Saudi Arabia's female labour force participation rate has nearly doubled from 2016 to 2022, according to S&P estimates. Reuters

Expanding female workforce could boost Saudi Arabia's economy by $39bn

Participation of women in the labour force increased to almost 36% in 2022, up from 19% in 2016

EconomySeptember 22, 2023

Four major private-sector agreements between the UAE and the Chinese province of Hainan were signed. Photo: Ministry of Economy

UAE and China’s Hainan province sign deals in several sectors

Bilateral non-oil trade between the UAE and Hainan reached $900 million in 2022, according to the Ministry of Economy

EconomySeptember 15, 2023

British and Omani officials hold a meeting to explore avenues of joint collaboration. Photo: British embassy in Oman

GCC and UK aim to boost trade as top ministers meet in Oman

A free trade agreement could boost opportunities for British companies to enter the Gulf markets and make it easier for GCC nations to gain access to UK expertise across sectors

EconomySeptember 14, 2023

Ross Veitch, chief executive and co-founder of Wego (left) and Prashant Kirtane, chief executive and co-founder of Travelstop. Photo: Wego

Wego buys Singapore’s Travelstop to expand into business travel

The move will allow the two companies to combine their resources and expertise

Travel and TourismSeptember 12, 2023

The Dubai skyline. The emirate's S&P Global purchasing managers' index reading stood at 55 in August. Reuters

Dubai's non-oil economy maintains 'robust' momentum in August

Data signals a sharp improvement in operating conditions

EconomySeptember 11, 2023

Climate change is a threat to global peace, security, economic stability and development, the heads of the IMF and the World Bank said. Reuters

IMF and World Bank pledge stronger collaboration on climate

The two entities also plan to strengthen co-operation in areas of debt and digital transition

EconomySeptember 07, 2023