ABU DHABI / WAM The United Arab Emirates (UAE) welcomes the decision of the International Court of Justice (ICJ) on July 23 in regards to Qatar’s request for Provisional Measures under the International Convention on the Elimination of all Forms of Racial Discrimination. The ICJ refused to grant any of the Provisional Measures specifically requested by Qatar. By a very ...

DUBAI / WAM The Business Registration and Licensing (BRL) sector in the Department of Economic Development (DED), Dubai, has signed an agreement with Emirates Islamic to support holders of the e-Trader licences being issued by DED to facilitate and regulate business activity through social media and ensure transparency across such business activity. The agreement was signed by Omar Bushahab, CEO ...

Bloomberg Saudi Aramco, the world’s largest oil company, is lining up banks to raise money to acquire as much as 70 percent of chemical producer Saudi Basic Industries Corp. in a deal that could value the stake at about $70 billion, according to people familiar with the matter. Some of Wall Street’s biggest lenders are offering Aramco loans for the ...