DubaiConnect.ae - Economy

DubaiConnect.ae is providing resources for English speaking Business Professionals living in, visiting, or interested in Dubai and UAE. Browse our latest Economy articles, if you have interesting content to share with our users, please feel free to contact us anytime to discuss with us possible publication on DubaiConnect.ae!

Drydocks World completes 5th project for Arabian Gulf oil and gas fields

Drydocks World has completed the 5th Wellhead Platform AQAM for TechnipFMC and Dubai Petroleum. The topside is an oil More... more >>
 

China to build moon station in 'about 10 years'

Beijing plans to send a manned mission to the moon and to build a research station there within the next decade, state More... more >>
 

Dnata invests in US catering operations

Dubai-based dnata has opened a new, 4,700 sq. m (51,000 ft2) facility at George Bush Intercontinental Airport, IAH, and More... more >>
 

Is this the smartest building in the Middle East?

Bee'ah has announced that its new headquarters in Sharjah is set to become a fully-integrated artificial intelligence office building more >>
 

Twitter triples profits as global user base rises

Twitter announces that profits in the first quarter hit $191m compared with $61m a year earlier more >>
 

Oman seeks up to $6bn for airline, airports expansion

Oman Aviation Group is aiming to raise funds for the expansion of Oman Air and airports in the country more >>
 

Dubai Islamic Bank considers Noor acquisition

Dubai Islamic Bank, DIB, on Tuesday said its board considered the potential acquisition of Noor Bank. "The board More... more >>
 

Saudi Arabia calls for pressure on Iran after US oil move

Saudi Foreign Minister Ibrahim al-Assaf says international pressure to be kept up on Tehran after a US decision to end sanction exemptions for oil customers more >>
 

Two Saudia crew members confirmed killed in Sri Lanka blasts

Saudi airline pays tribute to cabin manager and steward who are confirmed as victims of explosions that killed more than 300 people in Sri Lanka more >>
 

UAE's Adnoc signs key base oil deal to enter Indian market

Abu Dhabi National Oil Company signs agreement with Indian Oil Corporation, one of the world's largest companies more >>
 

Revealed: how Dubai developers are making homes more affordable

Property Finder research says developers are progressively reducing the unit size in order to lower prices more >>
 

Former US Secretary of State to attend Abu Dhabi book fair

John Kerry, the former US Secretary of State, will attend the Abu Dhabi International Book Fair more >>
 

Emaar chief hails shareholders after approving $290m dividend

Mohamed Alabbar, chairman of Emaar Properties, says shareholders' support 'enables us to create long-term value for the company' more >>
 

Kuwait's Global sells NHS Scotland building in Edinburgh

Global Investment House says it has sold a property which is leased out to the Scottish government more >>
 

Saudi Arabia's Alinma Bank CEO says open to merger opportunities

Saudi Arabia's banking landscape is changing with lenders exploring merger, says Alinma Bank boss more >>
 

ADNOC signs new long-term agreement for base oil sales into India

The Abu Dhabi National Oil Company, ADNOC, today announced that it has signed another significant long-term sales More... more >>
 

Careem launches roadside assistance service in Dubai

Dubai-based ride hailing app Careem says it plans to roll out roadside assistance services across the UAE this year more >>
 

Additional retail space to create oversupply, lower rents in UAE

The size of the GCC's retail sector is expected to grow from $253.2 billion in 2018 to $308 billion in 2023. more >>
 

Expo 2020 Dubai reveals thematic experience planned for Sustainability Pavilion

Terra is the first thematic experience to be revealed by Expo 2020, with Opportunity and Mobility to follow more >>
 

Etisalat reports Q1 profits rise with growing subscriber base

Saleh Abdulalh Al Abdooli, Etisalat Group CEO credited the company's growth to the success of its various digital initiatives more >>
 
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