Official statistics from the European Commission report that in 2024, Europe imported €11.218 billion from the UAE, out of which €11.055 billion were industrial products. In March 2001, His Highness…
UAE-headquartered EGA, which is jointly owned by Abu Dhabi’s Mubadala Investment Co. and the Investment Corporation of Dubai, has been planning for an IPO for nearly 10 years. Emirates Global…
The Fed’s decisions have a strong influence on Gulf monetary policy, as most regional currencies are dependent on the US dollar. As Gulf shares rise on the hope that US…
Space42 and the UAE government have signed a Dhs18.7 billion deal that will guarantee the supply of satellite capacity until 2043. Space42, an Abu Dhabi-based satellite service company, can use…
Uber Chief Executive Officer (CEO) Dara Khosrowshahi proudly claimed that the partnership will bring together two of the most influential tech innovators to reshape the future of transportation. Uber and…
HSBC observed a growing interest from Southeast Asian and Chinese companies who wanted to invest in Hong Kong. The Hong Kong and Shanghai Banking Corporation (HSBC) will expand its investment…
As part of its D33 strategy, Dubai wants to double its economy to Dh32 trillion over the next ten years and place the emirate among the top three global cities.…
Geopolitical issues have made some Western private equity investors more cautious about China, the second-largest economy, with a GDP of $19.53 trillion. Private equity investors in the Asia-Pacific area saw…
The government is imposing a 15% tax on all companies operating in Kuwait and Kuwait companies in various markets. The Ministry of Finance in Kuwait is under pressure as discussions…
The World Bank states that due to the falling oil value, the average price of global commodities like food and metals will go to a five-year low. The World Bank…