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UAE, Morocco finalise comprehensive free trade agreement

The UAE’s CEPA programme aims to increase the country’s non-oil foreign trade to Dhs4tn by expanding relations with strategically important markets around the world

Oil prices surge after OPEC + extends output cuts

Oil falls 1.5%, ends week lower on China demand fears

For the week, Brent was trading down more than 1 per cent while WTI fell beyond 3 per cent

Petrobras

Petrobras wrapping up due diligence to buy back refinery from Mubadala, sources say

Brazil’s Mines and Energy Minister Alexandre Silveira said Petrobras will only enter into an agreement if the buyback is “economically viable”

Dubai Airport

Airport lounge access tops UAE cardholder benefits

A significant percentage of UAE consumers indicated they would consider switching payment providers if they lost access to airport lounges

UAE EU trade talks Middle east

Europe welcomes Middle East money but some deals face headwinds

Investors from the Middle East bring cash and expertise to such projects

Crisalion Integrity eVTOL

Dubai-based Air Chateau signs eVTOL deal with Spain’s Crisalion

Air Chateau envisions a future where eVTOLs complement its helicopter fleets and can be deployed from existing infrastructure

Dubai Taxi Co Image Dubai Media Office

Dubai Taxi Company revenue up 14% as it completes 23 million trips

DTC said its taxi segment benefited from higher tariffs, and an increased number of dedicated airport taxis, in the reporting period

India’s duty cut halts silver, platinum imports from UAE

India’s duty cut halts concessionary silver, platinum imports from UAE

The world’s second-biggest bullion consumer slashed import duties on gold and silver to 6 per cent from 15 per cent

IHC SUBSIDIARY ESG

IHC’s Emirates Stallions Group reports 128% growth in operational profit

ESG reported a substantial revenue increase to Dhs640m, representing an impressive 140 per cent year-on-year increase

Masdar to invest in endesa clean energy projects in Spain

Masdar to acquire 49.99% stake in 2.5GW Spanish renewable energy portfolio

Masdar will invest EUR817m in the transaction, which values the portfolio at EUR1.7bn, making it one of Spain’s largest renewable energy deals

Farnborough-Airshow - Boeing

We want them to return to their former glory: flydubai CEO Ghaith Al Ghaith on Boeing

The Farnborough Airshow was overshadowed by the negative impact on the overall industry due to Boeing’s recent difficulties

Eiffel-Tower-Paris-Olympics 2024

How to watch the Paris Olympics 2024 opening ceremony

Paris 2024 is integrating sports into the city’s fabric and will host the opening ceremony of the Olympics along the River Seine

UAE tourist visa - health insurance - Getty Images

Coming soon: UAE to roll out health insurance with tourists visas

As per the ICP announcement, tourists will be able to obtain health insurance while applying for their visas, through the ICP website or the app

UAE’s ADIB posts Dhs3.03bn in half-year net profit

UAE’s ADIB posts Dhs3.03bn in half-year net profit

Customer financing increased by 15 per cent YTD, with Dhs16bn of new financing extended in the January-June period

Heriot-Watt University career path

Mapping the path from a classroom to a career

Navigating youth employment challenges requires a multi-faceted approach that addresses a widening skills gap and a lack of experience while providing innovative solutions to socio-economic barriers

First Abu Dhabi Bank (FAB) reports robust performance in H1 2024 GettyImages

FAB posts record H1 profit of Dhs8.4bn amid strong revenue growth

The bank’s profit before tax grew by 15 per cent year-on-year to Dhs10bn

Elon musk - Tesla

Tesla shares tank on back of dismal results

Trade analysts have rated Tesla’s stock a “hold” with a median price target of $212.50

Interview with Tim Cordon, Chief Operating Officer for MEA & SEAP, Radisson Hotel Group

Radisson’s Tim Cordon on regional strategy, opportunities and innovation

The COO – MEA & SEAP, Radisson Hotel Group, delves into its ambitious regional expansion strategies, the distinct challenges and opportunities across different markets  

Theme for success: A chat with Dubai Holding Entertainment's Fernando Eiroa

Theme for success: A chat with Dubai Holding Entertainment’s Fernando Eiroa

The CEO of Dubai Holding Entertainment talks about the company’s innovative projects, including Real Madrid World, Global Village and the Coca-Cola Arena and the core values driving the group’s success

Gulf Business Awards 2024 - nominations

Last call for nominations: Gulf Business Awards 2024

The winners of the Gulf Business Awards 2024 will be announced at a gala dinner and awards ceremony in Dubai on September 24

CFI LEWIS HAMILTON

CFI brings F1 champion Lewis Hamilton aboard as global brand ambassador

This multi-year agreement with Hamilton represents a significant milestone for CFI, aligning it with one of the biggest names in motorsport

Borouge, ADNOC to develop specialty polyolefins complex in China

Borouge, ADNOC to develop specialty polyolefins complex in China

The proposed complex is projected to produce 1.6 million tonnes per annum of speciality polyolefins

esports and games Image: Getty Images

Dubai to host Games of the Future 2025

Dubai will play host to thousands of world-class athletes and esports competitors from as many as 100 countries, as part of national and multinational teams

Aldar to develop an office tower on SZR in Dubai Image Supplied

Dubai: Aldar to build office tower on Sheikh Zayed Road

The development will feature a grade A office tower with a net leasable area (NLA) of 88,000 sqm, complemented by a luxury boutique hotel and branded residences

Abu Dhabi to launch 3 high-tech ventures_ ATRC meeting highlights

Abu Dhabi to launch 3 key tech ventures: ATRC meeting highlights

The initiatives will focus on transforming data security in the quantum era, enhancing smart autonomous mobility, and advancing Agritech with robotic technologies

Abu Dhabi to introduce biometric smart travel project at Zayed international Airport Image Abu Dhabi Airports

Abu Dhabi launches biometric smart travel project at Zayed International Airport

The project is expected to enhance operational performance, reduce infrastructure costs, and effectively combat fraud and forgery in identification documents

84% of UAE investors likely to invest in future IPO offerings. For illustrative purposes

IPO appeal: 84% of UAE investors likely to invest in future offerings

Findings from Edelman Smithfield’s UAE Investor Pulse Survey 2024, show that 67 per cent of respondents agreed that having two distinct exchanges benefits the UAE capital markets

Dubai: Sheikh Hamdan appoints 22 AI chiefs across government institutions

Dubai’s GDP grows by 3.2% in first quarter of 2024

Dubai’s transportation and storage sector saw significant growth, driven primarily by a 6.8 per cent increase in air transport demand

UAE EU trade talks Middle east

UAE hopes to reactivate trade talks with EU this year

The UAE has long advocated deeper EU involvement in the region