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      Shweta Jain

      Shweta Jain

      Assistant Business Editor
      Location
      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.
      Follow on XLinkedInMail

      Articles

      Lulo Bank is the first fully digitalised bank in Colombia, with plans of expansion into other Latin American markets. Photo: International Holding Company
      Abu Dhabi's IHC enters South America with $200m investment in Colombian digital bank

      Through its subsidiary, IHC Capital Holding, the company acquired a 49.99% stake in holding company of Lulo Bank

      BankingOctober 10, 2022
      Ali Asgar Raja, founder and chief executive of SupplyVan. Photo: SupplyVan
      SupplyVan aims to own region's repair and overhaul hardware space

      The e-commerce platform plans to add new business verticals as it plots international expansion

      Start-UpsOctober 10, 2022
      Mutrah Corniche in Muscat. Oman expects to bring in more than nine billion rials a year from tourism by 2040 as it bids to diversify its economy away from oil. Sebastian Castelier for The National
      Oil prices and easing of Covid rules boost Oman's economic recovery

      Fiscal and external surpluses are expected in 2022 and over the medium term

      EconomyOctober 06, 2022
      Ahmed Baghoum, executive director, Masdar City, left, signs agreement with Martin Reynolds, chief executive of Zero Carbon Ventures. Photo: Masdar City
      Masdar City signs agreement with Zero Carbon Ventures

      Agreement to support UAE’s net zero goals

      Road to Net ZeroOctober 05, 2022
      Adnoc and Taqa announced a project to power and decarbonise offshore operations in December 2021. Photo: Adnoc
      Adnoc and Taqa conclude $3.8bn clean energy and decarbonisation deal

      The project to build a transmission system is expected to reduce the carbon footprint of Adnoc's offshore operations by more than 30%

      EnergySeptember 23, 2022
      Oil pumping jacks in Russia. A planned EU embargo on Russian crude oil and product imports is expected to result in deeper declines, according to the IEA. Bloomberg
      IEA marginally trims global oil demand growth

      Oil demand is forecast to rise by 2 million bpd in 2022 and 2.1 million bpd in 2023

      EnergySeptember 14, 2022
      Tabreed's cooling plant on Yas Island in Abu Dhabi. The company owns and operates 86 district cooling plants across the GCC. Victor Besa / The National
      Tabreed in $83m deal to provide district cooling to Egyptian healthcare city

      Move is part of the company’s plans to expand its presence in the Arab world's most populous country

      BusinessSeptember 14, 2022
      Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, launched the Dubai Research and Development programme. Photo: Twitter
      Dubai sets up R&D programme to tap into new opportunities

      Research and development is key to achieving the emirate's vision for a robust knowledge-based economy, Sheikh Hamdan says

      EconomySeptember 13, 2022
      The number of registered companies at the Dubai International Financial Centre stood at 4,031 in first half of 2022. Photo: DIFC
      Number of companies operating in DIFC up 11% in first half of 2022

      Strong performance reaffirms its position as a leading global centre for financial institutions, FinTechs and innovation companies

      BusinessSeptember 07, 2022
      Adnoc headquarters in Abu Dhabi. A five-year contract awarded by Adnoc Offshore to Adnoc Logistics & Services is for hiring 13 self-propelled jack-up barges. AFP
      Adnoc signs $1.17bn contract to boost offshore capacity

      The five-year deal will help the company expand its oil production to 5 million barrels per day by 2030

      EnergyAugust 11, 2022
      A pod containing a Yahsat satellite is loaded on to a transport plane. The company’s first-half revenue stood at Dh755 million. Photo: Yahsat
      Yahsat's Q2 net profit surges 78% on strong business performance

      Revenue rose by 7% to $106.7m, driven primarily by the company’s managed solutions and mobility solutions businesses

      TechnologyAugust 09, 2022
      Adnoc Distribution's fuel volumes grew 9 per cent annually in the first half of 2022, driven by its commercial and retail businesses. Photo: Adnoc
      Adnoc Distribution records Q2 net profit surge

      Growth in the company's fuel volumes and non-fuel business boosts income

      BusinessAugust 08, 2022
      Wind turbines in Villar de los Navarros, Spain. Financing in wind projects grew 16 per cent to $84 billion in the first half of 2022. AFP
      Renewable investment in first half of 2022 jumps 11% to $226bn

      Investment in new projects climbs to a record $120bn

      EnergyAugust 03, 2022
      Watermelon Market's founders, from left, Cristobal Albornoz, Archya Sengupta and Omar AlShamsi at their office. Ruel Pableo for The National
      Watermelon Market in push to help F&B industry save time and money

      The Dubai e-procurement platform connects restaurants with suppliers through a marketplace

      Start-UpsAugust 01, 2022
      Ahmed Al Naqbi, chief executive of Emirates Development Bank. Photo: EDB
      EDB links up with Future Factory to offer consultancy services to SMEs

      Companies looking to set up smart manufacturing bases will benefit from the free service

      Start-UpsJuly 27, 2022
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