Middle East Business News

Chevrolet Launches A Hashtag Moment For Saudi Women

Launch of #UpToMe campaign comes ahead of women being allowed to drive in the kingdom Read more

Former DIFC Governor Dies

Abdullah Saleh also served as former vice chairman of Emirates NBD Read more

Saudi Acwa Power Picks JPMorgan, Citi For IPO: Sources

The two international banks have been selected as global coordinators and a third international bank is close to being c... Read more

Etisalat Plans $2b Buyback, Shares Climb

Etisalat, recommended purchasing up to five per cent of the phone operator’s paid-up capital, or 434.8 million shares Read more

New, Dh1.2b Mall Rising In Dubai

Here’s a peek into Dh1.2b Nakheel Mall, which is now 85% complete and will have access to the Palm Monorail and give u... Read more

Look: Dh8-billion Bluewaters Island Off Dubai Takes Shape

Shaikh Mohammad says these major projects offer thousands of jobs in various specialities, boosting the job market and i... Read more

Trump Says No Mexico, Canada Steel Break Without Fair Nafta

French President Emmanuel Macron says the European Union must take urgent action at the World Trade Organisation Read more

Stocks Fall As Trade Threats Loom; Dollar Rises

The S&P 500 Index dropped for the fourth time in five days Read more

IEA Sees US Energy Dominance Squeezing Opec Into 2020s

New US supply will cover more than half the world’s oil demand growth to 2023, the agency said Read more

AI Will Create More Jobs In 2020 Than Eliminating

White-collar workers will be first impacted and then blue collar, industry expert says Read more

Atlantis Opens $1.6 Billion Hotel In China

The 540,000 square metre hotel, the third Atlantis in the world, opened on Hainan Island in February Read more

Dubai Wholesale City Inks Dh300 Million Deal With LuLu Group

The retailer agreed to open a logistics hub at the wholesale city Read more

Libyas Biggest Oil Field Sharara Is Said To Resume Production

Libya was producing 1.1 million barrels a day as of March 1, with Sharara contributing 300,000 of that Read more

Union Coop Posts Record Profit

The consumer cooperative recorded its largest profit since 1982 Read more

Profit Growth Represents Strong Start To 2018 For Regions Hotels

The region’s hotels also saw their revenue per available room increase, albeit marginally Read more