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    Nissan, Renault agree to overhaul two-decade-old automaking tieup

    Nissan, Renault agree to overhaul two-decade-old automaking tieup

    30 Jan 2023

    Nissan Motor Co and Renault SA agreed on Monday to a sweeping remake of their two-decade-old automaking alliance that will put them on equal footing and see the Japanese company...

    UAE delegation reviews country’s achievements and opportunities

    UAE delegation reviews country’s achievements and opportunities

    20 Jan 2023

    The UAE delegation, chaired by Mohammad Bin Abdullah Al Gergawi, Minister of Cabinet Affairs, has participated in a number of sessions, conferences and bilateral meetings at the annual meetings of...

    UAE Central Bank issues guidlines to combat money laundering and terror financing

    UAE Central Bank issues guidlines to combat money laundering and terror financing

    11 Jan 2023

    The Central Bank of the UAE (CBUAE) has issued new guidance on anti-money laundering and combatting the financing of terrorism (AML/CFT) for licenced financial institutions (LFIs) including banks, finance companies,...

    China Dec new bank loans rise to $206b, ’22 lending at record high

    China Dec new bank loans rise to $206b, ’22 lending at record high

    10 Jan 2023

    New bank lending in China unexpectedly rose in December from the previous month, central bank data showed on Tuesday, with 2022 setting a record high for lending as the central...

    Experts to attend seminar on blockchain technology

    Experts to attend seminar on blockchain technology

    10 Jan 2023

    Jamil Khan, Senior Reporter A number of Blockchain Technology experts from 15 countries will participate in a day-long seminar in Dubai on ‘Fast Bit’ later this month explore the...

    DIFC hosts over 250 companies

    DIFC hosts over 250 companies

    10 Jan 2023

    Arif Amiri, CEO of Dubai International Financial Centre (DIFC) Authority, affirmed that the centre has become a major engine for economic growth in Dubai and the UAE, with its contribution...

    Dewa to strengthen ties with German firms in energy sector

    Dewa to strengthen ties with German firms in energy sector

    09 Jan 2023

    Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (Dewa), welcomed a high-level delegation from the Consulate of the Federal Republic of Germany in Dubai, headed...

    Samsung’s profit plunges to 8-year low

    Samsung’s profit plunges to 8-year low

    06 Jan 2023

    Samsung Electronics Co Ltd flagged on Friday its quarterly profit tumbled by two-thirds to an eight-year low as a weakening global economy hammered memory chip prices and curbed demand for...

    Tesla’s sales of China-made cars fall to the lowest in 5 months

    Tesla’s sales of China-made cars fall to the lowest in 5 months

    05 Jan 2023

    Tesla Inc delivered 55,796 China-made electric vehicles in December, the lowest level in five months, according to data from the China Passenger Car Association (CPCA) on Thursday. That was...

    UK housing market stalls, credit card borrowing accelerates: BoE

    UK housing market stalls, credit card borrowing accelerates: BoE

    04 Jan 2023

    Britain’s housing market slowed dramatically in November and people ramped up borrowing on credit cards, according to Bank of England data on Wednesday that underscored the effects of rising interest...

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