Category: Domestic Affairs

WASHINGTON, Tom Vilsack, the US Secretary of Agriculture, will lead a Department of Agriculture (USDA) trade mission to the UAE this month to hold events focused on the United States’ commitment to working with international partners to combat climate …

VIENNA, The price of OPEC basket of thirteen crudes stood at $95.16 a barrel on Monday, compared with $92.85 the previous Friday, according to OPEC Secretariat calculations.The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan …

DUBAI, Nasdaq Dubai today welcomed the listing of a US$750 million Sukuk by Dubai Islamic Bank (DIB). The 5-year new Sukuk issuance is part of DIB’s US$7.5 billion Sukuk Programme.The UAE’s first Sukuk issuance in 2022 has been priced at a profit rate …

DUBAI, Food and beverage trade in the UAE increased steadily to reach over $20 billion in the first nine months of 2021, supported by growing demand and expanded efforts to enhance food security and diversify food imports, A new analysis from Dubai Cha…

DUBAI, Dubai government-owned Dragon Oil has made its first oil discovery in Egypt’s Gulf of Suez on Tuesday.The discovery is one of the largest in the area in the past 20 years, and the field could contain around 100 million barrels in reserves.The an…

DUBAI, The United Arab Emirates and Philippines are bolstering economic ties with the signing of a Joint Statement on the Proposed Philippines-UAE Comprehensive and Economic Partnership Agreement (CEPA).Both sides have agreed to launch the negotiations…

ABU DHABI, International media outlets highlighted the strategic importance of the advancing relations between the UAE and Turkey, noting the cooperation between the two countries marks a political and economic milestone.They also pointed out the poten…

SHARJAH, Air Arabia (PJSC) today announced a record financial results for the fourth quarter and for full year ending 31 December 2021, despite the prevailing impact of COVID-19 pandemic that continued throughout the year.”Air Arabia reported a net pro…

DUBAI, Emaar Properties announced a significant increase in property sales of 209 per cent reaching to AED33.762 billion (US$ 9.192 billion) compared to 2020 sales of AED10.902 billion (US$ 2.968 billion), demonstrating continued investor confidence in…

ABU DHABI, The UAE Pro League, in coordination with the National Emergency Crisis and Disaster Management Authority and the UAE Football Association (UAE FA), has updated the protocol for fans’ entry to the stadiums.The updated protocols include approv…

ABU DHABI, Aldar Properties and Apollo Global Management (Apollo), one of the world’s largest alternative investment managers, have signed a landmark commitment that will see Apollo-managed funds and clients invest a total of US$1.4 billion in strategi…

ABU DHABI, Abu Dhabi Securities Exchanged index (ADX) advanced 1.19%, hitting record high of 9,105 pts, buoyed by a 10.39 % jump in the International Holding Company’s share (ASMAK) which closed at a stunning AED184.900.The Dubai Financial Market follo…