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Shweta Jain

Shweta Jain

Assistant Business Editor
Shweta has over 25 years of experience working across print and digital platforms in the UAE and India, covering regional and global business, finance and economic policy. Previously the deputy business editor at Gulf News, she has interviewed business leaders across multiple sectors, including Donald Trump Junior, Virgin Airlines’ founder Sir Richard Branson and Emirates Airlines’ chairman Sheikh Ahmed bin Saeed, among others. At The National, she helps lead the newsroom’s business coverage, with a focus on engaging reporting and insightful analysis for readers across the Middle East and beyond.
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Articles

Americana, founded in Kuwait in 1964, introduced fast-food restaurants in the region in 1970. Photo: Americana
Americana's second-quarter profit surges to $86.6 million

Company's revenue increased nearly 14% in the three-month period

MarketsAugust 03, 2023
The Beehive deal is geared to help address the lending gap in the SME industry and open up a stream of growth for e& enterprise. Photo: E-Vision
Abu Dhabi's e& enterprise concludes acquisition of majority stake in Beehive

The company will acquire 63.3% of the lending platform for $23.6 million

TechnologyAugust 01, 2023
Hamad Al Ameri, chief executive and managing director of Alpha Dhabi, and Ebru Ozdemir, chairperson of Limak Group, sign the initial agreement to drive sustainable development in the UAE and Turkey. Photo: Alpha Dhabi Holding
Alpha Dhabi and Turkey’s Limak to explore investment opportunities

The companies will explore joint ventures in areas including construction, development, infrastructure, energy and hospitality

EconomyJuly 20, 2023
Emirates Development Bank's asset portfolio rose to Dh13.7 billion in 2022, from Dh9.1 billion in 2020. Photo: EDB
EDB contributed $953m to UAE's GDP and helped create 12,000 jobs

State-owned lender aims to provide Dh30 billion in support to 13,500 companies by 2026

EconomyJuly 20, 2023
Egypt's largest wind farm in Zafarana produces 545MW. Victoria Hazou / The National
Saudi Arabia's Acwa Power secures land in Egypt for one of region's largest wind farms

The project will be built on about 3,000 square kilometres of land west of the city of Sohag

EnergyJuly 17, 2023
The Qureos team. The UAE-based company helps students and recent graduates to learn the skills required by future employers through project-based experiences. Photo: Qureos
How Qureos is bridging gap between talent and companies

The UAE EdTech platform’s AI recruitment tool Iris has the potential to reduce time-to-hire and slash recruitment costs by up to 43%, company says

BusinessJuly 17, 2023
Dubai's economy is estimated to have grown 5 per cent last year and is forecast to increase by 3.5 per cent in 2023, according to Emirates NBD. AP
Dubai growth 'buoyed by strong 2023 tourist numbers'

Emirate hosted more than 8.5 million international visitors in the first six months of the year

EconomyJuly 16, 2023
The World Bank's offices in Washington. The lender said in March that global growth is set to slump to a three-decade low by 2030. Reuters
Higher rates to slow global growth in 2023, World Bank says

The world economy is set to expand by 2.1% this year, slower than 3.1% in 2022, and will recover to 2.4% next year

EconomyJune 06, 2023
EGA chief executive Abdulnasser bin Kalban, left, signs agreements in the presence of Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and President-designate of Cop28. Photo: EGA
EGA deals could lead to $272m in industrial investments in UAE

The initial deals are with Sunstone in China and VCI in India

EconomyJune 01, 2023
Dr Thani Al Zeyoudi, Minister of State for Foreign Trade, Mehmet Mus, Turkey's Minister of Trade, and Abdulla bin Touq, Minister of Economy, in Abu Dhabi at the time of signing the Cepa. Victor Besa / The National
UAE and Turkey ratify Cepa deal

The agreement, signed in March, is hoped to help push bilateral non-oil trade beyond $40bn in the next five years

EconomyMay 31, 2023
First Abu Dhabi Bank is among the UAE lenders whose profitability improved in the first quarter of 2023. Chris Whiteoak / The National
First-quarter profit of UAE’s top 10 banks up 35% on lower impairments

Their aggregate net income hit $5 billion in the January-March period, consultancy Alvarez & Marsal says

BankingMay 29, 2023
An aerial shot of Khalifa Port. Photo: AD Ports Group
AD Ports and Brazil's Vale plan mega steel hub in Abu Dhabi

The hub's industrial complexes will produce low-carbon products

EconomyMay 24, 2023
Dr Sultan Al Jaber, Minister of Industry and Advanced Technology and President-designate of Cop28, at the African Development Bank 2023 Annual Meetings in Sharm El Sheikh, Egypt. African Development Bank / Twitter
Cop28 President-designate calls for boost to climate finance for Africa

Cop28 President-designate urges developed nations to deliver $100 billion in climate finance pledged more than a decade ago

EnergyMay 23, 2023
Workers on board an Adnoc Logistics & Services vessel. The company's shares are expected to begin trading on the ADX on June 1. Photo: Adnoc
Adnoc L&S IPO: Company increases shares on offer

Retail portion of initial public offering has been raised to more than 1.4 billion shares from 1.1 billion, equal to 19% of total shares on offer

MarketsMay 22, 2023
Mubadala Investment Company last year invested in sectors including life sciences, renewable energy and digital infrastructure. Photo: Mubadala
Mubadala invested more than $29bn in 2022

Abu Dhabi investment arm received nearly $29bn in proceeds during the year by monetising assets at strong valuations as assets swelled to $276bn

EconomyMay 19, 2023
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