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Browsing: Business & Economy
Over 1,000 flights cancelled as chaos engulfs US air travel business
More than 1,000 flights were cancelled in the US on Friday (BBC reported the number to be closer to 1,400),…
Masdar, OMV form JV to build 140MW green hydrogen electrolyser plant in Austria
Masdar, UAE’s global clean energy leader, and Austria’s OMV will jointly finance, construct and operate a 140MW green hydrogen electrolyser…
Metsera says no to Novo; accepts Pfizer’s new acquisition offer of $10bn
Metsera, the US-based obesity drug developer, ended what was turning into a bitter fight between two of the biggest pharmaceutical…
ADNOC to help ease UAE-based suppliers and SMEs’ access to working capital
In a bid to boost UAE-based small and medium enterprises (SMEs) and suppliers access working capital more efficiently and help…
Dana Gas revenue slips on lower production in Egypt and softer Brent prices
Lower Egyptian production and softer Brent prices weighed on Dana Gas results, as revenue for the first nine months of…
UAE issues new rules for business centres: MoHRE outlines penalties for fake Emiratisation
Ministerial Resolution No. (0702) of 2025 defines the standards these centres must meet to provide MoHRE’s services to establishments and…
UAE public holiday dates; Major Dubai liveability and transport plans; Passport-free airports, investment tips – 10 things you missed this week
UAE residents are looking ahead to the next public holiday, while Dubai announced a bold 2033 liveability push and a…
Dubai International Chamber attracts 261 new companies in 2025, up 65% year-on-year
Dubai International Chamber has announced strong results for the first nine months of 2025, reflecting its expanding role in driving…
Saudi Arabia awards premium residency visas to entrepreneurs
Saudi Arabia has granted premium residency visas to entrepreneurs as it looks to boost investment and attract business innovators. Saudi…
Saudi Arabia to showcase $14.9bn tech investment at Web Summit 2025
Saudi Arabia currently has $14.9bn invested in technology and a digital economy projected to reach $76bn by 2030. The country…
