ABU DHABI / Emirates Business A Saudi-UAE alliance involving a group of companies has submitted a request to the Economic Commission of the Suez Canal to obtain 5 million square feet to establish a US$3bn industrial city, according to Saudi Arabian newspaper, the Arab News. The alliance’s representative, Ahmed Sabri, said the industrial city would have factories to manufacture various ...

Bloomberg Abu Dhabi stocks entered a bull market, leading Mideast gauges higher, as rising oil prices added to growing bullish sentiment across global equities. The ADX General Index climbed 3.1% at the close, extending the longest winning streak this year and taking gains since a Jan. 21 low to 22%. Dubai’s DFM General Index, which entered a bull market last ...

ABU DHABI / WAM A portfolio of leading hotels, resorts, tour operators and attractions representing Abu Dhabi’s tourism industry will travel to Berlin, Germany to showcase the best of the emirate at one of the world’s largest travel trade exhibitions. Led by Abu Dhabi Tourism and Culture Authority, TCA Abu Dhabi, more than 50 partners and stakeholders will join the ...