Kawasaki brand in UAE acquired by Galadari Automobiles
Galadari Automobiles, one of the leading automotive distributors in the UAE, has announced its acquisition of the Kawasaki brand in the UAE.
Response Plus Holding declares a dividend distribution of AED 14 million.
Response Plus Holding, a leading logistics and security solutions provider in the UAE, has declared a dividend distribution of AED 14 million.
Azizi Developments is venturing into the hospitality sector and plans to introduce a global hotel brand at ATM Dubai 2023.
Azizi Developments, a UAE-based real estate developer, is expanding its business into the hospitality sector by launching a new global hotel brand.
OPEC+ cuts were offset by concerns over economic growth, leading to a drop in oil prices.
Oil prices experienced a decline as concerns over global economic growth outweighed the positive impact of production cuts made by OPEC+ members.
Shareholders of Eshraq have given their approval for the cross-listing of the company and a share buyback of up to AED 110 million.
Eshraq Investments has received approval from its shareholders to cross-list its shares on the Dubai Financial Market (DFM).
To enhance its fleet, AD Ports is planning to acquire eight new vessels for a total cost of AED 955 million.
Ad Ports’ plan to acquire eight new vessels at a cost of AED 955 million is a major step in the company’s ongoing efforts to expand its capabilities.
Mitigating the Effects of Oil Price Volatility: UAE Government Strategies and Policies
The strategies and policies adopted by the UAE government to mitigate the effects of oil price volatility on the economy The UAE’s economy has long been heavily dependent on oil revenues, with crude oil and petroleum products accounting for the majority of its exports and government revenue. However, the country has recognized the need to […]
The UAE’s Oil Industry and its Influence on Global Energy Markets
The United Arab Emirates (UAE) is known for being a major oil-producing country, and its oil industry has played a significant role in the country’s economic growth. As the world’s demand for energy continues to grow, the UAE’s oil industry is becoming increasingly important on a global scale. This article will explore the relationship between […]
The Future of Economic Diversification in the UAE: The Role of Oil
The United Arab Emirates (UAE) has long been known for its abundant oil reserves, which have been the primary driver of the country’s economy for decades. However, the UAE government has recognized the need to diversify the economy away from oil and gas in order to ensure sustainable growth and development in the long term. […]
The Central Bank of UAE: Driving Economic Growth and Stability
The Central Bank of the United Arab Emirates (CBUAE) is the primary financial regulatory authority in the country. Established in 1980, it is responsible for overseeing and supervising the banking industry, monetary policy, and currency issuance. The role of the CBUAE is critical in shaping the country’s economy, and it plays a vital role in […]