Economy

10-year UAE ‘Golden’ trade license: A great boost to business in Dubai

With 10-year licenses, business owners can hope for lower costs - and longer term clarity The UAE already has a 10-year Golden Visa programme...

Saudi-backed Lucid Motors sinks after cutting production goal on commodity woes

The luxury electric car manufacturer dropped its 2022 target from 20,000 to maximum 14,000 amidst logistic and supply chain challenges Lucid Group Inc. slumped after...

Sheikh Abdullah bin Zayed and UK Foreign Secretary Liz Truss discuss co-operation

The foreign ministers spoke about the historic relations between the two countries and strategic ties. Sheikh Abdullah bin Zayed, Minister of Foreign Affairs and International...

Russia-Ukraine crisis: Top UAE official calls for diplomacy, political solution.

Abu Dhabi: The UAE has called on Russia and Ukraine to adopt diplomacy and sit at the negotiation table to find a political settlement...

DP World offer comes to an end to buy South Africa’s Imperial Logistics

DP World concluded its acquisition of South Africa’s Imperial Logistics after all conditions, including regulatory approval, were met, in a move that will strengthen the ports...

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