Shell diverts U.S. LNG cargo to Dubai after Qatar diplomatic row

Royal Dutch Shell has sent a replacement cargo of liquefied natural gas (LNG) from the United States to Dubai, shipping data shows, after a diplomatic row disrupted typical trade routes from Qatar.

UAE ministry, Jafza to Develop Pharma Sector

The UAE Ministry of Health and Prevention and Jafza, a DP World company, have signed a Memorandum of Understanding (MoU) for the development of the healthcare and pharmaceutical sector in the country.

Dubai is growing agriculture from Oil- Smart Diversification

Dubai is a first class example of economic diversification. They invested their oil revenues in world class tourism and are a favorite destination for visitors from all parts of the globe. When you think Dubai, you don’t think oil. The key is to leverage oil revenues to grow other sectors.

Dubai airport to trial 'biometric border' next year

Dubai airport has agreed to trial the world’s first ‘bio metric border’, which it is claimed will do away with the need for travelers to have their passports checked.

Municipality meets with real estate developers in Dubai

Dubai Municipality’s Planning Department recently organised a meeting with real estate developers in the emirate to discuss procedural improvements in the service of reviewing and approval of major urban projects.

Vincitore Real Estate unveils second project in Dubai

UAE-based Vincitore Real Estate Development has announced the launch of its second project in Dubai, following the success of its flagship property Vincitore Palacio, which was launched within the Al Barsha south master-planned Arjan district in the emirate last year.

Rising prices: Oil's well that ends well

World oil market is expected to see a partial recovery in 2017 and 2018 in light of the Opec and non-Opec output cuts of 1.8 million barrels per day, Arab Monetary Fund (AMF) said in its Arab Economic Outlook.



Nissan appoints new leadership for India, Africa, Middle East

Japanese auto major Nissan has appointed Peyman Kargar as chairman of its Africa, Middle East and India region and Kalyana Sivagnanam as the regional vice-president of marketing and sales for these markets.

Toyota recalls 2.9 mn vehicles globally over airbags

TOKYO: Toyota Motor Corp on Thursday said it was recalling a total of about 2.9 million vehicles in Japan, China, Oceania and other regions including its Corolla Axio sedan and RAV4 SUV crossover due to potentially faulty airbag inflators.

Arab Contractors bags $560mn Kuwait Road contract

Arab Contractors has signed a KWD 170mn ($560mn) contract with the ministry of public works in Kuwait to develop the Nuwaiseeb Road.