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Khalifa Economic Zones Abu Dhabi (KEZAD Group), the largest operator of integrated and purpose-built economic zones, and UAE-based Apex Engineering Industries have announced the signing of a 50-year land lease...
Emirates Global Aluminium (EGA) today announced its intention to acquire 80 per cent of the American aluminium recycling firm Spectro Alloys Corporation. The current owner-managers will retain a 20 percent...
The International Monetary Fund urged Asian central banks to focus on domestic inflation and avoid tying their policy decisions too closely to anticipated moves by the U.S. Federal Reserve. Receding...
India’s silver imports surged by 260 per cent in February to a record high, as lower duties encouraged large purchases from the UAE, government and industry officials told Reuters, adding...
Abu Dhabi Investment Office (ADIO) is collaborating with Dustour Marine Wooden Boats Trading Establishment to establish a new state-of-the-art project to support the Emirate’s coastal development in line with urban,...
Etihad Airways is celebrating the arrival of three new Boeing 787-9 aircraft this weekend. The national airline of the UAE welcomed the latest additions to its expanding fleet at Abu...
Abu Dhabi Islamic Bank (ADIB) has announced the successful launch of a new payment hub that allows customers to conduct their transfers in a quick and efficient manner. ADIB has...
Inayat-ur-Rahman, Business Editor Branded luxury real estate has become the new asset class and Dubai is the hub. After Versace and Giorgio Armani, a new global luxury brand Mercedes-Benz...
Adnoc Drilling has celebrated a major milestone in its decarbonization journey with the first of its brand-new hybrid-powered land rigs commencing operations in Abu Dhabi. The new rigs use a...
Tesla’s operating income decreased 24 per cent to $2.7 billion in Q1 2023 as the Elon Musk-run EV maker continues to cut prices of its vehicles. However, the total...
