Emirates NBD says move comes as wearable payment solutions gain popularity in the UAE Emirates NBD on Wednesday announced its support of Fitbit Pay and Garmin Pay, making it the first bank in the Middle East to offer this service. The move comes as wearable payment solutions gain...

The two days of meetings aimed at ending Afghanistan's 17-year conflict were held in Abu Dhabi The United Arab Emirates said on Wednesday that reconciliation talks it hosted between the United States and Taliban officials from Afghanistan produced tangible and positive results....

Nasdaq Dubai announces that it will launch trading in futures on the MSCI United Arab Emirates equity index on January 15 Nasdaq Dubai announced on Wednesday that it will launch trading in futures on the MSCI United Arab Emirates (UAE) equity index on January 15. This opens a new...

New research shows the number of Chinese tourists travelling to the GCC is expected to hit 2.9 million in 2022 The number of Chinese tourists travelling to the GCC is expected to increase 81 percent from 1.6 million in 2018 to 2.9 million in 2022, according to new research. Data...

Saudi suffers biggest one-day drop since Nov. 25 Saudi Arabia's stock market fell sharply on Wednesday after oil prices sank and the government released its 2019 budget, while Dubai rebounded on the back of a rise in bank shares. Brent oil fell below $56 a barrel to its lowest...

The Chevrolet Bolt EV will be used to transport teams conducting airside tasks at the airport Dubai Airports, Chevrolet Middle East and Al Ghandi Auto have introduced the Bolt EV to Dubai Airports’ support vehicle fleet, the companies have announced. At the airport, the Bolt EV –...

With an aim to support the Trade Council of Denmark in MENA in its efforts to ensure the best business conditions for Danish companies and their partners expanding into the region, Falconcity of Wonders LLC (FCW), the developer of the Falconcity of Wonders multipurpose mega project being built...

Abu Dhabi Polymers Company (Borouge) has begun construction of its fifth polypropylene unit within the company's plant in Ruwais region of the UAE capital. Once the project comes on stream in the third quarter of 2021, it will boast a production capacity of 480,000 tonne per year, said a...

Dubai’s real estate downturn is forcing construction and engineering firms to cut jobs and halt expansion plans, in turn raising fresh risks for the wider economy. Known for its glittering skyscrapers and luxury villas, the Dubai property market is oversupplied, especially in the...

This is in tandem with the healthy forecast projected for the nation's economy Healthy growth prospects for the new year, coupled with a drive to remain competitive in the market, has meant that employers across the UAE are increasingly open to the idea of raising base salaries for...