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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

Elon Musk became a director of US talent company Endeavor last May. AFP
Elon Musk to resign from Endeavor’s board

The billionaire's resignation will be effective from June 30, 2022, the US talent company said

BusinessMarch 17, 2022
Khaled Al Qureshi, chief executive of Saudi Water Partnership Company, speaking in Abu Dhabi. Photo: Mena Desalination Project Forum
Saudi Arabia to unveil 60 water projects worth $9.33bn

The projects are expected to triple the kingdom's desalination capacity to 7.5 million cubic metres of water a day by 2027

EconomyMarch 16, 2022
The UAE's biggest telecom operator, e&, owns a 28 per cent stake in Saudi Arabia's Mobily. Photo: Mobily
E& in talks to raise stake in Saudi Arabia's Mobily

Formerly known as Etisalat, e& owns a 28% stake in the Saudi company

TechnologyMarch 16, 2022
DIFC's FinTech hive has been connecting with investors and industry experts to seek funding. Photo: TG Media
Global FinTech funding rose 68% in 2021 on record deals, KPMG says

A total of 5,684 transactions worth $210bn were signed last year amid growing interest in subsectors such as payments and blockchain

BusinessMarch 15, 2022
A Dana Gas plant in the Kurdistan Region of Iraq. The company swung to a record profit last year as collections improved. Photo: Dana Gas
Dana Gas recommends dividend of Dh8 fils per share for 2021

Move marks a 45% increase in the company’s total dividend for 2021

MarketsMarch 15, 2022
Dubai Chamber's headquarters. Business conditions in the emirate's non-oil private sector economy improved sharply in February. Photo: Dubai Chamber
Dubai Chambers added 27,800 new companies in 2021

The value of exports and re-exports recorded by the organisation's members hit $61.81bn last year

EconomyMarch 09, 2022
Thani Al Zeyoudi, UAE Minister of State for Foreign Trade held a bilateral meeting with Zdravko Počivalšek, Deputy Prime Minister and Minister of Economic Development and Technology of Slovenia to discuss ways to enhance trade exchanges between the two countries. Photo: Ministry of Economy
UAE and Slovenia explore ways to boost economic ties and investment

Future investment between the two nations will be focused on health, logistics, tourism, agricultural technology and other sectors

EconomyMarch 09, 2022
The most expensive home sold in 2021 was a villa worth $32.9 million on Jumeirah Bay Island.
Dubai's luxury home sales hit a record in 2021

Emirate recorded more than 52,000 apartment and villa transactions worth $31.09bn, says Knight Frank

PropertyMarch 08, 2022
Dr Sultan Al Jaber, Minister of Industry and Advanced Technology and managing director and group chief executive of Adnoc, and Elisabeth Koestinger, Austria’s Minister of Agriculture, Regions and Tourism, signed the deal in the presence of Karl Nehammer, centre, Austria’s Chancellor, and Leonore Gewesler, Minister for Climate Action, Environment, Energy, Mobility, Innovation and Technology. Photo: MoIAT
UAE and Austria sign deal to boost hydrogen technology development

Deal builds on Comprehensive Strategic Partnership signed by the two countries last July

Road to Net ZeroMarch 07, 2022
Tabreed plans to attract green debt and equity funds to invest in its business. Reuters
Tabreed unveils framework for issuance of green bonds and loans

The move will align operations of Dubai-listed company with the UAE’s sustainable development goals

EnergyMarch 07, 2022
Tabby offers buy now, pay later services to customers of retail groups such as Adidas, Ikea, Bloomingdale’s, Marks & Spencer. Photo: Tabby
Mubadala-backed Tabby raises $54m to fund its global expansion

India's Sequoia and Saudi Arabia’s STV backed the buy now, pay later company in its latest funding round

BusinessMarch 07, 2022
Finland-based Next Games already collaborates with Netflix on ‘Stranger Things: Puzzle Tales’. AFP
Netflix to acquire developer behind Stranger Things game for $72m

Transaction for Next Games is expected to close in the second quarter of 2022

TechnologyMarch 02, 2022
BorrowMe says almost anything you own can be rented out, or permanently sold, whether it be that camera that’s been collecting dust or that bike currently in storage. Photo: BorrowMe
Generation Start-up: BorrowMe wants to be the Amazon of renting

UAE-based online marketplace lists day-to-day products on its platform for people to rent

BusinessFebruary 28, 2022
Saudi Aramco's Fadhili Gas Plant Project, located 30 kilometres west of the city of Jubail in eastern Saudi Arabia. AFP
Saudi Aramco closes $15.5bn gas pipeline deal with BlackRock consortium

Consortium has acquired 49% stake in Aramco Gas Pipelines Company

EnergyFebruary 23, 2022
EDB chief executive Ahmed Al Naqbi and DIB group chief executive Adnan Chilwan sign the preliminary agreement. Photo: EDB and DIB
EDB and DIB team up to fund UAE SMEs

DIB will offer up to $2.7m to small and medium enterprises, with half of it being guaranteed by EDB, under the initial agreement

BusinessFebruary 23, 2022
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