Gulf

UAE businesses see rise in October activity but not in new hiring: S&P Global

Dubai: UAE businesses are seeing a pickup in fourth quarter activity, but that’s not yet translating into new hiring, according…

1 year ago

LuLu Retail IPO: Individual investors will benefit from no change to 10% allocation

Dubai: LuLu Retail’s decision to keep the IPO allocation at 10% for individual investors should be a significant boost for…

1 year ago

ADIPEC 2024: ‘Stable global energy market requires proactive measures’, says Sharif Al Olama

Dubai: The global energy markets will require more of the balancing act as competing factors try to add more volatility,…

1 year ago

Saudi Arabia’s Wafi Energy Holding buys majority stakes in Shell Pakistan

Dubai: Saudi Arabia’s Wafi Energy Holding acquires a majority stake in Shell Pakistan following Shell Petroleum Co., a subsidiary of…

1 year ago

Sharjah National Oil Corporation completes second phase of gas storage project

Sharjah: Sharjah National Oil Corporation (SNOC) announced Monday it has completed the second phase of its underground gas storage project…

1 year ago

RTA launches shared taxi service between Dubai and Abu Dhabi

Dubai: A shared taxi service has been launched between Dubai and Abu Dhabi with fares as low as Dh66 per…

1 year ago

Saudi Arabia’s PIF acquires 54 per cent stake in MBC Group

Dubai: Saudi Arabia’s Public Investment Fund (PIF) reaches an agreement to acquire a 54 per cent stake in MBC Group…

1 year ago

Lulu’s Abu Dhabi IPO set to price at top, raising $1.43 billion

Abu Dhabi : Lulu Retail Holdings Plc's Abu Dhabi initial public offering is likely to price at the top end…

1 year ago

OPEC+ delays supply restart again as crude prices struggle

OPEC+ agreed to push back its December production increase by one month, the second delay to its plans to revive…

1 year ago

Dubai Aerospace Enterprise leases 4 new Boeing aircraft to leading Chinese airline

Dubai: The Dubai Aerospace Enterprise will lease four of its new Boeing 737-8 aircraft to China’s Hainan Airlines, with deliveries…

1 year ago

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