UAE: Petrol, diesel prices for January 2023 announced

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Libya’s central bank says 2022 oil revenues rose to $22b

UAE businesses record softest growth rate in 12 months

The latest S&P Global UAE Purchasing Managers’ Index survey pointed to a slight loss of growth momentum for non-oil businesses at the end of 2022, as output and new business rose at the slowest rates since September 2021

Business

BPG's strategic transformation nets big business wins across UAE, KSA, Kuwait, Oman

The agency’s new projects include a futuristic real estate development in Saudi Arabia, possibly the most coveted regional creative pitch of the year

Business

Dubai: Azizi sales increase 37% in second half of 2022 with 11,000 scheduled handovers this year

More than 6,000 units were sold in 2022, amounting to Dh5.6 billion

Business

Gulf markets upbeat despite volatile oil, economic gloom

Equity markets around the globe have been bruised by inflation worries, a tightening Fed policy and volatility on energy markets, whipped up by war in Ukraine and a price cap on Russian oil

Business

Six UAE firms to invest Dh8.2 billion in India’s UP state

The first series of MoUs will help create over 20,000 jobs. The Sharaf Group and Hindustan Ports will generate 1,500 and 1,000 jobs, respectively

Business

Grim global outlook to weigh on oil prices

A survey of 30 economists and analysts forecast Brent crude would average $89.37 a barrel in 2023, about 4.6 per cent lower than the $93.65 consensus in a November survey

Business

Uber partners with Dubai Airport to facilitate visitor influx in tourist season

New Feature, ‘Uber Travel’ displays all upcoming travel plans on the Uber App, allowing a seamless booking experience

Business

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