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Sheraa: Accelerating entrepreneurial ambitions of UAE youth

  Sharjah / WAM Sheikha Bodour bint Sultan Al Qasimi, Chairperson of the Sharjah Investment and Development Authority (Shurooq) and Chairperson of Sheraa, the Sharjah Entrepreneurship Centre, has laid the foundations for a thriving community of young entrepreneurs who will contribute to the growth of the UAE and the region. Sheraa, the Sharjah Entrepreneurship Centre launched under the patronage of Sheikha ...

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Gulf stocks follow emerging markets higher after oil rebound

  Bloomberg Stocks in Dubai and Qatar led gains in Gulf stocks, tracking emerging market increases as Brent crude prices recovered. The DFM General Index climbed for a second day, adding 1.1 percent at the close. Doha’s QE Index advanced 1 percent as all but two of its members rose. The Bloomberg GCC 200 Index, a gauge of the largest ...

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Saudi petchem margins benefit from oil, but not for long

  DUBAI / Reuters Second-quarter earnings in Saudi Arabia’s petrochemical industry beat expectations as producers reaped the benefits of volatile oil prices, but companies look unlikely to be as lucky in the second half of this year. Combined net profits of the kingdom’s 14 listed petrochemical firms, announced over the past couple of weeks, fell by a fifth from a ...

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