Syrian delegation meets with Emirati investors

Dubai: A delegation of investors from Syria met with their Emirati counterparts to discuss investment opportunities and ways to enhance commercial ties between the two countries. The discussions, which were held in Abu Dhabi, focused on opportunities in Syria’s trade, infrastructure, agriculture, tourism, logistics, and renewable energy sectors. They were part of the inaugural UAE-Syria […]

France wants Renault and Nissan to combine in one holding company

Paris: French Finance Minister Bruno Le Maire said there are no plans “on the table” to change the Renault SA and Nissan Motor Co. alliance after Nikkei reported that the government is proposing an integration that could put the carmakers into a single holding company. “No shareholding rebalancing or modification of cross shareholdings between Renault […]

Flying Colours: Dubai start-up nurtures market for organic food

Soon after arriving in Dubai from the UK, Becky Balderstone realised there wasn’t enough variety of locally grown organic produce readily available like she was used to back home. Yet demand was high. With a marketing background and a business management degree, Balderstone had a real passion for healthy living and eating, so she launching […]

Shaikh Hamdan to lead UAE at Davos

Dubai. Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, on Sunday announced that he would be leading the UAE’s delegation to the World Economic Forum in Davos, which starts on Tuesday. “We are honored to represent our country at all international events and forums and […]

Abu Dhabi hosts UAE-Syria private sector forum

ABU DHABI: The inaugural UAE-Syria Private Sector Forum launched on Sunday in the nation’s capital, Abu Dhabi. Organised by the UAE Federation of the Chambers of Commerce and Industry (FCCI), in cooperation with the Abu Dhabi Chamber of Commerce and Industry (ADCCI), the Forum saw discussions taking place to enhance potential investment and commercial ties […]

Saudi-Emirati Coordination Council announces 7 joint initiatives

The Executive Committee of the Saudi-Emirati Coordination Council has announced the launch of seven strategic initiatives, according to a statement released on Saturday. The joint-committee, headed by the UAE’s Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs and The Future, and Saudi Arabia’s Mohammad Bin Mazyad Al Tuwaijri, Minister of Economy and Planning, met […]

India sacks two PNB executives for lapses in $2b fraud

New Delhi: India has sacked two senior executives of state-run Punjab National Bank (PNB) for allegedly failing to prevent a $2 billion (Dh7.34 billion) fraud, two sources with direct knowledge of the matter said on Sunday, nearly a year after the country’s biggest bank scam came to light. The firing of the two executive directors, […]