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News, stories and insights from the Gulf, Middle East and the world, including updates on oil, markets, finance, industry and banking

A view over Sheikh Zayed Road and the skyline in Dubai. Sarah Dea / The National

Abu Dhabi's Yas Creative Hub for media and gaming industry to open from November

PropertyJuly 05, 2021, 10:59 AM

Dutch restaurant owner Robbert Jan de Veen with The Golden Boy burger. Courtesy De Daltons

Pandemic inspires Dutch entrepreneur to make the world's most expensive burger

BusinessJuly 04, 2021, 12:52 PM

Global economy may lose up to $2.4tn due to Covid's impact on tourism, UN says

Global economy may lose up to $2.4tn due to Covid's impact on tourism, UN says

BusinessJune 30, 2021, 4:20 PM

A farm in Abu Dhabi. To increase domestic food production, the emirate is bringing agriculture inside and investing heavily in research. Victor Besa

World's biggest vertical farming R&D centre breaks ground in Abu Dhabi

BusinessJune 29, 2021, 5:25 PM

Russia stumbles in bid to fight global price surge with duties

Start-UpsJune 28, 2021, 6:21 PM

An Emaar branded building in Dubai on June 17th, 2021. Chris Whiteoak / The National. Reporter: N/A for News

Emaar Properties plans to issue benchmark sukuk as Dubai real estate market improves

PropertyJune 28, 2021, 5:00 PM

HSBC commits $5bn in corporate lending to UAE companies to boost growth

BankingJune 27, 2021, 5:44 PM

John McAfee announces his candidacy for president in Opelika, Alabama, in 2015. The security software pioneer had a personal fortune of $100 million at the height of his wealth, but after his death in a Spanish prison on Wednesday, it is estimated he had just $4 million. AP

How much was John McAfee worth when he died in prison?

BusinessJune 24, 2021, 2:45 PM

The International Monetary Fund said it will provide comprehensive debt relief to Sudan as the country faces economic challenges in the wake of the coronavirus pandemic and other issues. Photo by - / AFP

IMF aims to provide debt relief to Sudan following $1.41bn financing pledges from member countries

BusinessJune 23, 2021, 11:37 AM

A Bitcoin advertisement on a tram in Hong Kong. China’s biggest banks vowed not to help cryptocurrency customers after the central bank told them to step up enforcement of a government ban. AP

20:05:20

Bitcoin extends slide to below $30,000 as China shuts down cryptocurrency miners

BusinessJune 23, 2021, 4:22 AM

GlobalFoundries' campus in Singapore. The company is investing $4bn into a new manufacturing facility. Courtesy GlobalFoundries

Mubadala's GlobalFoundries to co-invest $4bn in Singapore semiconductor manufacturing unit

BusinessJune 22, 2021, 12:07 PM

Xavier Power up lead art

BusinessJune 22, 2021, 11:42 AM

Canada Begins to Ease Border Rules, Warns ‘Finish Line’ Far Off

June 21, 2021, 6:00 PM

Yahsat was established in 2007 and operates in more than 150 countries across five continents. Its five satellites reach more than two thirds of the world’s population. Credit: Yahsat

Mubadala's Yahsat plans to sell at least 30% of shares in Abu Dhabi IPO

BusinessJune 21, 2021, 4:47 PM

Riyadh-based FinTech platform Tweeq, which allows users to make payments through its app, raised a new round of funding to expand its operations. Reuters

Riyadh-based FinTech Tweeq raises new funding to fuel regional expansion

BusinessJune 21, 2021, 1:38 PM

Abu Dhabi Global Market Square. Abu Dhabi Catalyst Finance, a $1bn fund, is backing finance companies from around the world to set up operations in the emirate's financial free zone. Image courtesy of Abu Dhabi Global Market.

Abu Dhabi-based venture to fund $500m of mining projects in emerging markets

BankingJune 21, 2021, 1:27 PM

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