Business

ADNOC Logistics and Services plc today announced that AW Shipping, its joint venture with Wanhua Chemical Group, has awarded shipbuilding contracts to Jiangnan Shipyard in China, priced at approximately $1.9 billion (AED7 billion) in total.

The contr…

China’s fiscal revenue fell 2.8 percent year on year to 11.59 trillion yuan (about 1.62 trillion USD) in the first half of 2024 (H1), according to data released by the Ministry of Finance.

However, after accounting for the impacts of a higher base du…

Etihad Credit Insurance (ECI), the UAE Federal export credit company, is calling upon UAE-based companies to capitalise on its groundbreaking initiative, ‘Xport Xponential’, aimed at expanding their footprint in global markets. This initiative, open …

The International Olympic Committee (IOC) today published its 2023 Annual Report after it was approved by the IOC Members at the 142nd IOC Session, held in Paris.

The theme of the report is Engagement and Partnerships, a major emphasis of the activit…

Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), announced that DEWA has achieved 100% installation of smart water metres in Dubai, meeting the growing demand for water services.

By the start of June 2024, DEWA had…

Japan’s Nikkei index closed on the Tokyo Stock Exchange Tuesday with a marginal decline, coinciding with the rise in the value of the yen, investors’ monitoring of global political developments, and anticipation of the central bank meeting next week.
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Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has announced that 34,075 new companies joined as members of Dubai Chamber of Commerce during H1 2024, representing year-over-year (YoY) growth of 5%…

A delegation from the Sharjah Chamber of Commerce and Industry has ended a successful visit to the Chamber of Commerce and Industry of Tunis (CCIT), along with several economic institutions and entities in the republic of Tunisia.

During the visit, …