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Presidents of UAE, Turkey witness signing of CEPA trade deal

04 Mar 2023

During a virtual summit, President His Highness Sheikh Mohamed Bin Zayed Al Nahyan and Recep Tayyip Erdogan, President of the Republic of Turkey, witnessed the signing of a...

UAE investors council, Japan’s JOIN sign MoU to enhance cooperation

03 Mar 2023

The UAE International Investors Council (UAEIIC) signed a Memorandum of Understanding (MoU) with Japan Overseas Infrastructure Investment Corporation for Transport and Urban Development (JOIN), which is based in Tokyo. ...

Adnoc Drilling signs $252 million deal

02 Mar 2023

Adnoc Drilling Company (Adnoc Drilling) on Thursday announced that it has signed an agreement to purchase ten newbuild hybrid power land drilling rigs (the rigs) for a total of $252...

UAE's annual sugar consumption reaches 250,000 tonnes with a growth of 3%

01 Mar 2023

Sajjad Ahmad, Deputy Business Editor Sugar industry leaders and stakeholders have discussed opportunities and challenges the sector is facing at the 7th edition of the Dubai Sugar Conference 2023....

Britain, EU agree to amend original Northern Ireland Brexit deal: Sunak

27 Feb 2023

Britain and the European Union have (EU) amended the original Northern Ireland Protocol deal and agreed a new "Windsor framework" to end uncertainty for the province, British Prime Minister Rishi...

India’s forex reserves slide to $561 billion

25 Feb 2023

India’s forex reserves fell by $5.681 billion to $561.267 billion for the week ended February 17, according to RBI data. This is the third week in a row when forex...

UAE hotel announces remarkable beginning

19 Feb 2023

Inayat-ur-Rahman, Business Editor Al Bandar Rotana, the renowned 5-star hotel nestled in the heart of Dubai, has recently announced remarkable beginning of 2023 results thanks to their innovative digital marketing...

Abu Dhabi Chamber, India’s FICCI explore new areas of collaboration

16 Feb 2023

M A Yusuff Ali, Second Vice Chairman of the Abu Dhabi Chamber of Commerce and Industry (ADCCI), reaffirmed the solid relations between the UAE and India, saying, “The UAE and...

Multiply Group posted Dhs18.56b profit in 2022 despite headwinds

10 Feb 2023

Multiply Group posted Dhs18.56b profit in 2022 Multiply Group, an Abu Dhabi-based investment holding company, reported Dhs18.56 billion in net profit for 2022, driven by the strong performance of the...

UK economy shows zero growth in the final three months of 2022