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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

      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
      Play11:36:10
      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
      Camera7
      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
      Camera5
      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
      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
      More Articles

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