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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

Mubadala's Badr Al Olama, right, and Engie Energy Solution's Ian Harfield during the signing ceremony. Photo: Mubadala
Mubadala and Engie to develop EV charging platform in UAE

The two companies will also explore areas related to sustainable mobility in the Middle East

TechnologyMay 10, 2022
Armin Moradi, co-founder and chief executive of Qashio. Photo: Qashio
Generation Start-up: how Qashio is helping companies save man-hours and money

Dubai-based FinTech's solution allows organisations to avoid late expense claims and reduce the amount of work put into reimbursements

Start-UpsMay 09, 2022
A tanker at a fuel depot with heating oil in Germany. An EU ban on Russian oil imports could lead to a further rally in crude prices. AFP
Oil rally continues after EU proposal to ban Russian crude

Prices also reacting ahead of Thursday’s Opec+ meeting, where member countries are not expected to contribute much to easing supply constraints

EnergyMay 05, 2022
Near-empty roads during a Covid-19 lockdown due to Covid-19 in Shanghai, China. The financial centre's experience is a cautionary tale for Beijing officials seeking to maintain China’s zero-Covid strategy, an approach that leaves the country increasingly isolated as the rest of the world opens up. Bloomberg
China capital outflows surge on Covid lockdowns and geopolitical risks

Local currency bonds accounted for most of the outflows in the first quarter, IIF says

EconomyMay 04, 2022
The EU is seeking to impose a phased ban on energy imports from Russia, as Moscow continues its military offensive in Ukraine, causing volatility in oil prices. Reuters
Oil prices hover above $100 as EU plans sanctions on Russia's energy exports

Strict movement restrictions in China due to Covid-19 pandemic add to the volatility in prices

EnergyMay 03, 2022
An Airbus A350-1000 test plane arrives at Sydney Airport as the backdrop for Qantas announcing an order for 12 of the planes in Sydney, Australia May 2, 2022. Reuters
Qantas orders A350 jets amid plans for world’s longest flight

The Australian airline will start 20-hour direct commercial flights from Sydney to London in late 2025

AviationMay 02, 2022
Sheikh Hamdan bin Mohammed, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, approved the launch of the ‘Venture Capital Fund for Startups’ to bolster and sustain startup projects in the emirate. With a capital of approximately AED370 million, the Fund aims to drive Dubai’s economic growth and fortify its position as a global hub for financial technology (FinTech), innovation, and venture capital. The Fund will come into effect starting June 2022. Photo: Government of Dubai Media Office
Dubai to launch $100m VC finance fund to support start-ups

The fund, to be launched in June, aims to support emirate's FinTech ambitions to promote economic growth

Start-UpsApril 27, 2022
Banks in the GCC stand to gain from higher energy prices and a rise in interest rates. AFP
Kuwaiti banks’ performance likely to improve in 2022 helped by higher oil price: S&P

The rating agency expects earnings of the banks in the Gulf nation to fully recover this year, but warns of some challenges

BankingApril 19, 2022
NMDC's revenue jumped almost 33 per cent to Dh1.55 billion in the first quarter of 2022. Photo: NMDC
First-quarter net profit jump for Abu Dhabi's NMDC

The company posted a net profit of $18m in the January-March period

BusinessApril 18, 2022
Dr Sultan Al Jaber, Minister of Industry and Advanced Technology, visited the Industrial City of Abu Dhabi, a centre for industrial companies in the region that operates under the umbrella of the Abu Dhabi Ports Group, the largest operator of economic zones in the UAE. Photo: Ministry of Industry and Advanced Technology
ICAD plays vital role in attracting investment to UAE's industrial sector

The minister toured Emirates Steel, Ajmal Steel Pipes and Gulf Fluor during his visit to the facility

EconomyApril 18, 2022
Elon Musk's twitter account on a smartphone. The billionaire Tesla boss offered to buy 100 per cent of Twitter for roughly $43 billion on April 14. Reuters
Twitter board launches 'poison pill' to fight Musk takeover

The social media company made a move on Friday to shield itself from a $43bn takeover bid by the billionaire businessman

BusinessApril 15, 2022
Elon Musk had already accrued a stake of more than 9 per cent in Twitter this year. Reuters
Twitter moves to shield itself from Musk takeover bid

The social media company's board has adopted a limited-duration shareholder rights plan, which would enable its shareholders to buy additional stock

BusinessApril 15, 2022
The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, in Texas, US. Reuters
Oil drops below $100 on Covid-19 lockdowns in China and reserves release

Brent prices slide on Monday as demand concerns grow and supply fears ease

EnergyApril 11, 2022
Jamnagar refinery in Gujarat, India. State-owned and private energy companies in India are showing interest in hydrogen production. Photo: Rajan Chaughule
IndianOil teams up with L&T and ReNew in green hydrogen push

Three companies to hold equal stake in proposed joint venture to support India’s decarbonisation efforts

BusinessApril 05, 2022
Starzplay Arabia has close to 2 million subscribers across 19 countries. Photo: Starzplay
Abu Dhabi companies e& and ADQ acquire majority stake in Starzplay Arabia

E-Vision, entertainment arm of e&, and the Abu Dhabi holding company will buy 57% stake in the video streaming service

BusinessMarch 17, 2022
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