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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

Telr chief executive Khalil Alami plans to invest significantly in research and development to expand the reach of his start-up. Photo: Telr
Generation Start-up: Telr backs GCC's pivot to digital payments

UAE-based FinTech platform handles payments in more than 120 currencies and 30 languages

Start-UpsFebruary 27, 2023
A Lucira home testing kit. Lucira Health grew rapidly as the Covid-19 pandemic spread around the world. AFP
Covid test kit maker Lucira files for bankruptcy as demand declines

California company listed $146 million in assets and $85 million in liabilities in its Chapter 11 petition

BusinessFebruary 23, 2023
SNB posted full-year net profit of about $5 billion. Michael Bou-Nacklie / The National
SNB net profit up 47% on higher income and lower impairments

The kingdom’s largest lender reported that total operating income rose by about 17% during the year

MarketsFebruary 01, 2023
Masdar City in Abu Dhabi. Andrew Henderson / The National
UAE and US to allocate $20bn for 15 gigawatts of clean energy projects

The investment will be led by Masdar and a consortium of US private investors

EnergyJanuary 15, 2023
A Fertiglobe plant. The Abu Dhabi-based company is the largest nitrogen fertiliser producer in the Mena region. Photo: Fertiglobe
Fertiglobe refinances its outstanding $900m bridge facility

Abu Dhabi-listed company also increased the capacity of its currently undrawn revolving credit facility from $300m to $600m

BusinessDecember 23, 2022
Marwan Chaar, left, and Hassan Al Lawati, the founders of Carzaty, which is now known as Kavak GCC. Photo: Kavak
Kavak seeks to own GCC's used-car space after Carzaty merger

Mexico-based marketplace uses proprietary data and market intelligence to buy specific cars that are in demand but are scarce

Start-UpsDecember 19, 2022
Travellers queue to board a Cathay Pacific flight at Hong Kong International Airport. Bloomberg
Air travel recovery continues amid strong demand, Iata says

Global traffic grew by nearly 45% in October, but headwinds remained, affecting air cargo demand

AviationDecember 05, 2022
Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, witnessed the signing of three partnership agreements. Photo: Dubai Media Office
Dubai Future Labs signs agreements to drive innovation in aviation and logistics

Sheikh Hamdan bin Mohammed witnessed the signings with Emirates airline, DP World and Dnata

EconomyDecember 04, 2022
The headquarters of UAE's state oil company Adnoc in Abu Dhabi. It will list its gas subsidiary's shares on the ADX. AFP
Adnoc board approves plan to create new gas company

Adnoc Gas will start operations from January 1 and minority stake in the company will be listed on Abu Dhabi Securities Exchange in 2023

EnergyNovember 28, 2022
Etihad Credit Insurance is responsible for supporting the export and re-export of UAE goods and services and foreign investments of local businesses. AFP
Fitch affirms 'AA-' rating of Etihad Credit Insurance with stable outlook

The ranking is based on ECI's role in supporting the diversification of the UAE economy

BusinessNovember 22, 2022
Dubai’s Virtual Assets Regulatory Authority aims to create a framework to protect investors while promoting responsible business growth in the emirate. Reuters
Digital asset custodian Komainu secures 'viable product' licence in Dubai

The US-based company can now offer virtual asset services to institutional investors in the emirate

CryptocurrenciesNovember 22, 2022
Aldar's Noya Central Park on Yas Island. The developer will begin construction of its Yas Park Gate project in the first quarter of 2023. Photo: Aldar
Aldar rakes in $300m as homes at Yas Park Gate sold out

Abu Dhabi developer also launched adjacent Yas Park Views community project comprising standalone 341 villas

PropertyNovember 21, 2022
Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, Special Envoy for Climate Change and chairman of Masdar, and Saleh Al-Kharabsheh, Jordan’s Minister of Energy and Mineral Resources, on Thursday signed the agreement to explore renewable energy projects in Jordan. Photo: Masdar
Masdar collaborates with Jordan on renewable energy projects

Schemes will support country's renewable energy goals, says Dr Sultan Al Jaber

EnergyNovember 17, 2022
FTX has commenced bankruptcy proceedings in the US. Getty
FTX to file for US bankruptcy protection

Chief executive Sam Bankman-Fried resigns from his position

CryptocurrenciesNovember 11, 2022
FinTech remained the highest funded sector across emerging venture markets — which includes the Middle East — in the first half of 2022. Anna Nielsen for the National
Dubai to host FinTech conference next year

The two-day Dubai FinTech Summit will take place in May

TechnologyNovember 06, 2022
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