EconomyFeaturedDubai-Oman bilateral trade reached Dh14.85 bn in H1WebAdminNovember 18, 2020 by WebAdminNovember 18, 2020 Bilateral trade jumped 8.4 percent to hit Dh 37.85 billion last year... Read more
FeaturedFinanceHow the Department of Finance in Ajman is responding to the pandemicInternational Finance Business DeskNovember 17, 2020November 17, 2020 by International Finance Business DeskNovember 17, 2020November 17, 2020 It has rolled out four economic stimulus packages aimed at mitigating the potential impact of the current economic situation caused by the pandemic... Read more
EconomyFeaturedOman plans to increase government revenue to OMR12 bn by 2024Pritam BordoloiNovember 4, 2020 by Pritam BordoloiNovember 4, 2020 The plan is a part of Oman’s National Plan for Fiscal Balance 2020-2024... Read more
FeaturedWealth ManagementUBS forays into wealth management in QatarPritam BordoloiNovember 4, 2020 by Pritam BordoloiNovember 4, 2020 UBS signed a MoU with the country’s Investment Promotion Agency... Read more
FeaturedPorts and ShippingDP World and Israel Shipyard submit bit to privatise Haifa PortPritam BordoloiNovember 3, 2020 by Pritam BordoloiNovember 3, 2020 Both parties signed an agreement for exclusive cooperation in the privatisation of the port... Read more
EnergyFeaturedMubadala sells 39% stake in Borealis to OMV for $4.68 bnPritam BordoloiOctober 30, 2020October 30, 2020 by Pritam BordoloiOctober 30, 2020October 30, 2020 The company currently holds a 25 percent stake in Borealis and the stake sale is in line with all regulatory requirements... Read more
FeaturedPorts and ShippingDP World posts 3.1% growth in container volume in Q3Pritam BordoloiOctober 27, 2020 by Pritam BordoloiOctober 27, 2020 The port operator handled 18.3 mn TEUs in the third quarter of 2020... Read more
EnergyFeaturedIndia allows Adnoc to export from its strategic petroleum reservePritam BordoloiOctober 23, 2020 by Pritam BordoloiOctober 23, 2020 The oil giant can now export from the Mangalore SPR in foreign flagged ships... Read more
BankingSharjah Islamic Bank plays a prominent role in Islamic bankingInternational Finance Business DeskOctober 22, 2020December 16, 2020 by International Finance Business DeskOctober 22, 2020December 16, 2020 The bank’s efforts in combining modern innovation and traditional values have enabled it to become a leader in the UAE’s financial landscape... Read more
FeaturedReal EstateAverage office rents in Dubai fall 6.5% in Q3: Knight FrankPritam BordoloiOctober 22, 2020 by Pritam BordoloiOctober 22, 2020 Prime office rents down by 4.7% during the period... Read more