Finance & Business

Aug 11th School uniform stores in Abu Dhabi witnessed a turnout from parents to buy new uniforms according to the designs approved by the Emirates Foundation for School Education for public school students, including students from kindergarten to grade twelve for the academic year (2023-2024). The stores provide multiple services …

The UAE and Saudi financial markets topped the Arab stock exchanges during last July’s trading, after achieving market gains of about $49 billion (180 billion dirhams), according to the Arab Monetary Fund. The fund stated, in the monthly bulletin of Arab financial markets, which monitors the performance of 14 stock …

The assets under management of Gulf sovereign wealth funds have grown by 20%, on average, over the past two years to reach about $4 trillion; Driven by rising oil prices, according to a recent report by data analysis firm S&P Global Market Intelligence.     The report indicated that this …

Abu Dhabi, August 8 / The Department of Energy in Abu Dhabi launched a project to enhance the safety of central liquefied petroleum gas systems in residential and commercial buildings in the Emirate of Abu Dhabi, in cooperation with the concerned government agencies.         The project falls …

Abu Dhabi, August 8 / The ADNEC Group announced the signing of a strategic partnership agreement with the international “Kennis” group, which specializes in organizing events, to organize a group of events in the Emirate of Abu Dhabi.         The agreement was signed by Ahmed Shaker, CEO …

Aug 5th In the coming months, the Abu Dhabi Exhibition Center will host a number of events, events, conferences and exhibitions that attract hundreds of thousands of visitors and participants, and contribute significantly to raising hotel occupancy to record rates.   Exhibitions and conferences are of great importance, as they …

Tokyo, August 5 / Japan’s oil imports from the United Arab Emirates amounted to 25.63 million barrels, equivalent to 37.4% of total imports in June 2023, according to data from the Natural Resources and Energy Agency of the Japanese Ministry of Economy, Trade and Industry. During June, Japan imported about …

Aug 5th Oil prices rose at the settlement by more than a dollar a barrel, on Friday, to continue achieving gains for the sixth week in a row, after Saudi Arabia and Russia decided to cut supplies until the end of next month, which increased fears of a supply shortage. …

Aug 5th 14% of the state’s share out of $230 billion Dubai, the future capital of the world in Blockchain Dubai: PricewaterhouseCoopers released its latest report, which highlights the potential for artificial intelligence to disrupt markets and drive the creation of innovative services and business models in the Middle East. …

Abu Dhabi, August 4 / Today, ADNOC Drilling announced its financial results for the first half and second quarter of 2023.   During the first half of this year, it recorded an increase in its revenues amounting to 5.29 billion dirhams (1.4 billion US dollars), an increase of 13% on …