More companies seem to be setting up shop in Dubai.
The Department of Economic Development (DED) issued 3,818 new business licences for various professional, commercial, industrial and tourism activities in November.
The Bur Dubai area accounted for the largest share of these permits, while Bangladeshis, Indians, Pakistanis and Egyptians once again headed the list of investors.
Officials say the new licences helped created 10,821 new jobs in total.
UK's Jaguar Land Rover to halt US shipments over tariffs
Jaguar Land Rover will pause shipments of its Britain-made cars to the United States for a month, it said on Saturday, as it considers how to mitigate the cost of President Donald Trump's 25% tariff.
US starts collecting Trump's new 10% tariff
U.S. customs agents began collecting President Donald Trump's unilateral 10% tariff on all imports from many countries on Saturday, with higher levies on goods from 57 larger trading partners due to start next week.
Nasdaq set to confirm bear market as Trump tariffs trigger recession fears
The tech-heavy Nasdaq Composite index was set to confirm it was in a bear market on Friday, down more than 20 per cent from a recent record high, as investors fled riskier assets on fears that tariffs imposed by President Donald Trump could spark a trade war and tip the global economy into recession.
Dana Gas and Crescent Petroleum exceed 500M boe in Khor Mor field
UAE-based Dana Gas and Crescent Petroleum, alongside their partners in the Pearl Petroleum consortium, have said the cumulative production from their Khor Mor project, the largest non-associated gas field in Iraq, has exceeded 500 million barrels of oil equivalent (boe).
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Keeping things chill to start Sunday
The Rock and Chris Evans: A Christmas Surprise!
It arrived: The UAE's First Mega Music Festival at Expo City Dubai!
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