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    DP World, Rumo to build new grain and fertiliser terminal

    DP World, Rumo to build new grain and fertiliser terminal

    02 Apr 2024

    DP World has joined forces with Brazilian railway operator Rumo to build a new terminal at the Port of Santos, to handle 12.5 million tonnes a year of grains and...

    Dubai International Chamber opens 2nd European office in Milan

    Dubai International Chamber opens 2nd European office in Milan

    08 Sep 2023

    Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has inaugurated a new representative office in Milan to boost trade and investment between Dubai...

    Global food bill will rise to $1.98 trillion this year: FAO

    Global food bill will rise to $1.98 trillion this year: FAO

    17 Jun 2023

    The world food import bill is forecast to reach a new record this year, though it is predicted to grow at a much slower pace compared to last year, as...

    Al Bandar Rotana recognised among top 10 hotels in Dubai by TripAdvisor

    Al Bandar Rotana recognised among top 10 hotels in Dubai by TripAdvisor

    12 Jun 2023

    Inayat-ur-Rahman, Business Editor Al Bandar Rotana, a five-star hotel with a prime waterfront outlook, famous for its mesmerising views of the Dubai skyline and reflecting the charm of Arabian...

    Travel demand continues to grow as domestic traffic fully recovers

    Travel demand continues to grow as domestic traffic fully recovers

    03 Jun 2023

    The International Air Transport Association (IATA) announced continued strong passenger traffic demand in April. Total traffic in April 2023 (measured in revenue passenger kilometers or RPKs) rose 45.8% compared to...

    Japan’s inflation off 41-year high but stays above BOJ goal

    Japan’s inflation off 41-year high but stays above BOJ goal

    24 Mar 2023

    Japan’s core consumer inflation slowed in February but an index stripping away energy costs hit a four-decade high, data showed on Friday, suggesting cost-push pressures may persist longer than policymakers...

    SVB is largest failure since 2008 financial crisis, billions stranded

    SVB is largest failure since 2008 financial crisis, billions stranded

    11 Mar 2023

    Startup-focused lender SVB Financial Group became the largest bank to fail since the 2008 financial crisis on Friday, in a sudden collapse that roiled global markets, left billions of dollars...

    British retail sales flat in Feb after Jan fall, outlook gloomy

    British retail sales flat in Feb after Jan fall, outlook gloomy

    25 Feb 2023

    British retail sales held steady in February after falling in January but stores expected sales volumes to slip again in March as the rising cost of living eats away at...

    More Fed policymakers point to higher rates in inflation fight

    More Fed policymakers point to higher rates in inflation fight

    18 Feb 2023

    Two Federal Reserve officials on Friday added to a chorus of US central bankers this week in signaling that interest rates will need to go higher in order to successfully...

    Tesla recalls 362,000 US vehicles over FSD software

    Tesla recalls 362,000 US vehicles over FSD software

    18 Feb 2023

    Tesla said it would recall 362,000 US vehicles to update its Full Self-Driving (FSD) Beta software after US regulators said on Thursday the driver assistance system did not adequately adhere...

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