Business

UAE, Korea explore expanding strategic cooperation in energy, nuclear power, emerging technologies

Eng. Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at the Ministry of Energy and Infrastructure (MoEI), received Kim Jung-kwan, Minister of Trade,...

Tech, crypto firms to help tackle illegal wildlife trade

group of leading international technology, ​crypto and other ​businesses on Monday announced plans to ​help stamp out the illegal trade in wildlife. Announcement made as...

When AI access disappears overnight: The 12 sovereign models India is betting on

The idea of "sovereign AI" has often been dismissed as techno-nationalist rhetoric, an idea which is considered expensive, duplicative and largely unnecessary in a...

Ministry of Commerce Announces Services for Foreign Companies Wishing to Open Regional Headquarters

The Ministry of Commerce has announced that it will provide online services for foreign companies wishing to open a regional headquarters after obtaining a...

Chief: SCZONE discusses establishing Turkish industrial zone

Chief of the Suez Canal Economic Zone (SCZONE) Waleid Gamal El-Dein said that discussions are currently underway to establish a Turkish industrial zone within...

Saudi Arabia cuts production to propel prices, revealing strategy over supply

Saudi Arabia's decision to cut its production capacity by one million barrels per day (bpd) has made a vast impact on global markets but...

DoH Abu Dhabi joins hands with GSK to accelerate innovative healthcare

British drugmaker GlaxoSmithKline, now known as GSK and one of top-10 pharmaceutical companies in the world, has signed a Memorandum of Understanding (MoU) with...

Tech Giants Slide in Late Trading After Earnings: Markets Wrap

A $245 billion exchange-traded fund tracking the Nasdaq 100 dropped in late hours, with traders weighing results from two of the tech giants that...

Mashreq Bank posts record 2023 profit of Dh8.6b, soaring 130%

Dubai: Mashreq Bank posted a record level of profit in 2023, soaring 130 per cent to Dh8.6 billion. The Dubai-listed lender primarily attributed this...

Real Estate Future Forum 2024 Concludes with Over 50 Agreements, MoUs Signed Worth More than SAR100 Billion

The Real Estate Future Forum 2024 concluded its activities Wednesday after three days of productive sessions. Over 50 agreements and memoranda of understanding (MoUs)...

Dubai South records highest-ever business aviation movements in 2023

The Mohammed bin Rashid Aerospace Hub (MBRAH) at Dubai South continues to achieve outstanding private jet movements, with a record 16,657 movements in 2023,...

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UAE, Korea explore expanding strategic cooperation in energy, nuclear power, emerging technologies

Eng. Sharif Al Olama, Undersecretary for Energy and Petroleum...

Tech, crypto firms to help tackle illegal wildlife trade

group of leading international technology, ​crypto and other ​businesses...

When AI access disappears overnight: The 12 sovereign models India is betting on

The idea of "sovereign AI" has often been dismissed...

SEBI board to consider reintroducing open-market window for buybacks tomorrow

A key proposal before the board is to reintroduce...

BMW cuts 2026 profit margin outlook over China slowdown, Middle East costs

German luxury carmaker BMW Group revised down its 2026...