BUSINESS & TRADE

DUBAI - Dubai Taxi Company has agreed to fully acquire National Taxi in a deal worth 1.45 billion dirhams ($395 million), the largest consolidation move in the UAE's taxi sector that will extend the listed operator's reach into Abu...

DUBAI — The Dubai Financial Services Authority, the independent regulator of banking, financial services and markets in the Dubai International Financial Centre, has imposed a fine of US$139,722 (AED513,129) on Wael Abdelmohsen Abdellatif Mohamed Emara, also known as Mr....

JAZAN, Saudi Arabia -  High in the terraced mountains of southwest Saudi Arabia, farmers have been growing coffee the same way for the better part of eight centuries. The Khawlani bean — oily, aromatic, unlike anything produced elsewhere in...

DUBAI — Dubai Taxi Company PJSC has added 600 new taxi plates following an auction by Dubai’s Roads and Transport Authority, expanding its fleet and increasing its market share to 47%. The addition raises the company’s taxi fleet to 6,817...

DUBAI— Emirates Minting Factory, in collaboration with Dubai Gold District, has launched a limited-edition collection of gold and silver commemorative coins celebrating the “Proud of UAE” campaign. The collection is available exclusively at Dubai Gold District and is designed to...

ABU DHABI — Abu Dhabi Future Energy Company PJSC, known as Masdar, is marking 20 years of operations, highlighting its role in advancing renewable energy development in the UAE and globally. Founded in 2006 by Sheikh Mohamed bin Zayed Al...

ABU DHABI — The Ministry of Finance, in collaboration with the Central Bank of the UAE, has raised AED1.1 billion ($300 million) through its April auction of dirham-denominated Islamic Treasury sukuk. The issuance is part of the government’s 2026 sukuk...