Dubai / WAM Emirates and Jebel Ali Free Zone (Jafza) have signed a memorandum of understanding (MoU) to explore joint cooperation and initiatives targeted at attracting more investments into Dubai by supporting new and existing businesses registered or licenced in the free zone. Under the MoU, the parties will explore opportunities to offer a number of travel-related incentives for ...

  Dubai / WAM Amanat Holdings has announced its financial results for the quarter ended March 31. The company recorded a total income of AED46.9 million in 1Q-2022, a growth of 12% versus the AED42.0 million recorded in 1Q-2021. On an adjusted basis, excluding the prior year result from divested entities, the company recorded a total income of AED46.9 million, ...

  Bloomberg European natural gas prices jumped following disruptions to a key transit route through Ukraine, and as Germany said Russia was using energy as a weapon in an escalating clash over supply. The benchmark contract surged more than 22%, with shipments from Russia via Ukraine set to fall by about 30% following interruptions at a cross-border entry point as ...