India’s Adani becomes world’s third-richest person

Indian industrialist Gautam Adani became the world’s third-richest person on the Bloomberg Billionaires Index on Tuesday, the first time an Asian has ranked in the top three. The self-made...

Fed will thrust economy into worst recession, says senator

Democratic US Senator Elizabeth Warren said on Sunday that she was very worried that the Federal Reserve was going to tip the nation’s economy into worst recession and that interest...

Federal Tax Authority meets standards of gender balance

The Federal Tax Authority (FTA) has succeeded over the past few years in meeting gender balance standards in its organisational chart, with women now making up more than 50% of...

Energy crisis pushes nuclear comeback worldwide

As the costs of importing energy soars worldwide and climate crises wreak havoc, interest in nuclear power is on the rise with nations scrambling to find alternative sources. Investment...

Adnoc Drilling acquires more premium jack-up rig for $70m

Staff Reporter, Gulf Today Adnoc Drilling Company on Wednesday announced it has signed a sale and purchase agreement  to acquire an additional premium offshore jack-up drilling unit (the “rig”) for...

Wizz Air Abu Dhabi suspends plans to resume Russian flights

Budget airline Wizz Air Abu Dhabi said it had postponed the resumption of flights between Abu Dhabi and the Russian capital, Moscow, until further notice, citing "industry supply chain limitations."...

Global stocks, bitcoin, oil prices tumble over recession worries

Global stock markets mainly dropped on Friday, with investors focused firmly on the outlook for interest rate hikes as central banks battle to bring down sky-high inflation. The dollar...

Emirates Post and FinTech Hive seal deal to promote innovation

Emirates Post Group (EPG) has signed a sponsorship agreement with FinTech Hive - the first and largest financial technology hub in the region and part of the Dubai International Financial...

Onscreen fails

UAE emerges as a global crypto hub

Inayat-ur-Rahman, Business Editor The UAE all set to see rapid growth in cryptocurrency activities as the country  known to be at forefront of innovation and emerging technologies will witness more...