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India offers UAE stakes in petro projects; plans to boost oil imports
 India will increase its oil imports from the UAE by another 2.5 million metric tonnes in 2016-17Indian Minister of State for Petroleum and Natural Gas Dharmendra Pradhan, who is on a two-day visit to the UAE, said his country's total imports frRead More...
Dubai seeks to boost clean energy ties with India
A high-level delegation from the Dubai Electricity and Water Authority, headed by its managing director and CEO Saeed Mohammed Al Tayer is visiting India to promote opportunities for joint cooperation in the renewable and clean energy sectors.  Read More...
Just top up, fuel up and drive away in UAE
The days of rummaging through your bag to scramble some cash together at the fuel pump is now a thing of the past thanks to a new cashless and cardless payment option launched on Monday across 112 petrol stations in the UAE.   The new system, Read More...
Watch & Jewellery Show 900% more sparkling
The MidEast Watch & Jewellery Show received tremendous response since its first show in 1993 and witnessed around 900 per cent growth in the 40th edition compared to the first show, its organiser told Khaleej Times.   The show has grown frRead More...
Revved-up ACDelco Service Center opens in Sharjah
Liberty Automobiles Co, an authorised dealer of ACDelco, has renovated, expanded and upgraded its ACDelco Service Center in Sharjah, featuring all modern car care services in a spacious and comfortable environment.   ACDelco is a division of GRead More...
UAE cities most attractive for investment for HNWIs
Dubai, Abu Dhabi and Sharjah in the UAE have emerged as the region’s most popular investment destinations amongst GCC high net worth individuals (HNWIs), according to leading real estate consultancy Cluttons. Cluttons’ 2016 Middle East PRead More...
African auto parts market to reach $15bn by 2020
Demand for auto parts and accessories in Africa is growing at rate of 11 per cent year-on-year and is expected to reach $15.3 billion by 2020, according to analysts Frost & Sullivan. The various opportunities and trends of East Africa’s auRead More...
Air India to resume flight to Africa
Air India wants connecting flights to Kenya, Tanzania and South Africa, where it currently does not operate — part of an aggressive network expansion plan by the Indian government-owned airline, BusinessStandard reported.The third-largest airliRead More...
Apple iPhone SE launched in UAE
The Apple iPhone SE is now officially available in the UAE. Even though several e-commerce portals have been selling the 'beloved four-inch' phone since its launch on March 21, Apple made the phone and other new Apple products available to users in tRead More...
Retailers see strong demand for wearable devices
Dubai: With Apple reducing its watch prices by $50 (Dh184) and wider choices available in the market from other brands, wearable devices are gaining ground in the UAE, retailers said.   “Wearables are picking up and with Apple reducing iRead More...
Kuwait Food Co. bidder said to get $1.5b funding
Dubai: Citigroup Inc. and Standard Chartered Plc are among banks that have committed $1.5 billion (Dh5.5 billion) to Adeptio LLC to fund its purchase of Middle East fast food operator Kuwait Food Co., according to three bankers with knowledge of the Read More...
Huawei showcases expanding smart city solutions in Dubai
Huawei, a leading global ICT solutions provider, is showcasing its latest infrastructure and utilities technologies, supporting the region’s ongoing Smart City adoption plans at this year’s IoTx event being held in Dubai. &nbRead More...
Yellen drives global stock markets rally
 Global stock markets powered higher on Wednesday after Federal Reserve boss Janet Yellen hinted that the US central bank would not lift interest rates any time soon.   Wall Street rallied overnight after Yellen offered a more dovish outlRead More...
Classic cars awarded at Downtown Dubai festival
The red carpet was rolled out in Downtown Dubai on Saturday afternoon, but it wasn't Hollywood or Bollywood stars gracing it, instead it was something a little older and a little classier. Revving their way up the carpet was 25 of the 380 impressive Read More...
Africa: Top African, International Business Leaders to Meet in Nairobi
African and global business leaders will gather for the Initiative for Global Development's Spring Frontier 100 Forum on May 13-14, in Nairobi, Kenya.   Under the theme, 'Engines of Growth: Powering African Companies to Create Employment and ARead More...
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