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Borouge annual dividend yield at 6.7%, offering strong investor returns

10 Mar 2025

The annual dividend for Borouge, a leading petrochemicals company, reached 6.7 per cent based on the closing price on 7th March, offering strong investor returns and reinforcing the company’s attractive...

Adnoc to create Dhs220+ billion global chemicals powerhouse

04 Mar 2025

ADNOC and Austria’s OMV have announced today that they will merge their shareholdings in Borouge plc and Borealis AG to create Borouge Group International.This new combined company will then acquire...

SBWC enhances relations between Emirati and Indian business women

24 Oct 2024

The Sharjah Business Women Council (SBWC) concluded a four-day trade mission to Mumbai, India, recently, culminating in the signing of a Memorandum of Understanding (MoU) with the Federation of Indian...

Germany economy expected to contract by 0.2 per cent in 2024

09 Oct 2024

Germany’s economy is expected to contract by 0.2 per cent in 2024, the economy ministry said on Wednesday, becoming the only member of the Group of Seven (G7) major industrial...

Ambani says India’s Reliance to more than double in size before end of decade

29 Aug 2024

India’s Reliance Industries is on track to more than double in size before the end of the decade, its billionaire-chairman Mukesh Ambani told shareholders on Thursday. Reliance, which is...

UK pay growth slows but remains high for the Bank of England

18 Jul 2024

Wages in Britain grew a bit more slowly but still increased at a pace that would normally be too strong for the Bank of England (BoE), leaving in doubt the...

Dubai’s real estate investment is witnessing a clear recovery: Munthir Al Ali

25 Mar 2024

Sajjad Ahmad, Deputy Business Editor Munthir Al Ali, Chairman of the Board of Directors of a group of real estate companies, confirmed that the real estate market in Dubai has...

US consumer spending strong in Dec; inflation trending lower

27 Jan 2024

US prices rose marginally in December, keeping the annual increase in inflation below 3 per cent for a third straight month, bolstering expectations that the Federal Reserve will start cutting...

UAE, Kosovo boost cooperation in trade, agriculture and energy

25 Oct 2023

The UAE and the Republic of Kosovo held the first session in a series of meetings from their Joint Economic Committee, aiming to enhance cooperation and partnerships in various sectors...

Air travel boom creates crosswinds for air cargo on overcapacity

19 Aug 2023

Air cargo enjoyed record demand when COVID-19 closed borders and snarled supply chains. Now, it is reeling from overcapacity and tumbling freight rates as the freight boom makes a hard...

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