Business

The Qatar Central Bank (QCB) and the People's Bank of China (PBOC) have signed an agreement to extend their local currency swap arrangement, a move designed to enhance trade and direct investment between the two nations. The agreement was formalized…

Abu Dhabi Global Market (ADGM) has reported a significant surge in financial licenses following its expansion to Al Reem Island, which now accounts for a substantial portion of new licenses issued. This development marks a pivotal shift in the region's…

Dubai Media Incorporated (DMI) has announced the return of Shark Tank Dubai for its fourth season, following the previous season's success, which generated over AED 42 million in investments for 25 projects. This new season aims to further support entrepreneurs…

The Dubai Integrated Economic Zones Authority (DIEZ) has announced a significant expansion of its venture capital fund, Oraseya Capital, doubling its size from AED500 million to AED1 billion. This move is designed to enhance support for companies with global growth…

Citroen is set to revive its iconic 2CV as part of a broader strategy to transition to electric vehicles (EVs), responding to a growing trend among automakers to leverage nostalgia in appealing to consumers. This move comes amid increasing competition…