The UAE said it seeks to support government workers who want to explore possible business ventures while keeping their jobs.
Oil prices climbed on Wednesday as markets were optimistic about fuel demand recovery as China continues to ease its COVID-19 restrictions.
China had abruptly reversed its strict pandemic restrictions even as a surge in infections began overtaking the country.
Sberbank is one of several major Russian banks to have been blocked from the international SWIFT payments system and some senior executives have been personally hit by sanctions.
Several markets were closed, including Hong Kong, Sydney and Singapore, but Shanghai, Tokyo, and Seoul saw cautious gains.
Under the deal, the 30-year-old ex-billionaire, once touted as a possible future Warren Buffett, will be subjected to electronic monitoring.
Over 4,400 flights have been canceled over a two-day period as a powerful winter storm hits the United States, coinciding with the start of a holiday season that some predict could be the busiest ever.
Bankrupt crypto exchange FTX has asked a U.S. bankruptcy judge for permission to pay its top restructuring lawyers as much as $2,165 per hour, an unusually high rate for a company that cannot afford to repay all of its debts.
Dubai and Airbnb are set to unveil a remote working hub that will provide important information to people seeking to work in the UAE.
The projects will include 400 residential units and hotel apartments across Dubai.
Asian stocks were trying get into a festive mood on Wednesday, and managed small gains with even Japan's Nikkei lifting off a two-month low it hit following the Bank of Japan's surprise decision to loosen its tight leash on government bond yields.
A local unit of the Russian energy giant Gazprom said on Tuesday that gas was being supplied to customers in full via parallel pipelines following a fatal explosion in a section of the Urengoi-Pomary-Uzhhorod pipeline.
The conference will be attended by representatives from 164 countries in the WTO.
Once implemented, passengers at the Abu Dhabi Airport will no longer need to present their passports and boarding passes to airport staff.
Sam Bankman-Fried has decided to agree to be extradited to the United States to face fraud charges, a person familiar with the matter said on Monday, just hours after the FTX founder's lawyer told a Bahamas judge he was not ready to consent.
The Ministry of Human Resources and Emiratization has issued a formal resolution to support the government's Emiratization drive.
Airbus and Qatar Airways on Friday kicked off the latest in a series of London court hearings on a bitter business and safety row, amid a glimmer of hope that high-level contacts on the sidelines of the soccer World Cup might yield a breakthrough.
OPEC has cut its forecasts for U.S. shale oil supply several times as factors including investor caution curb expansion, making the non-conventional supply less of a worry for the producer group in its decisions on oil policy.
UAE isn't the only one with its eye on renewable energy opportunities in Africa as neighboring Saudi Arabia is also looking to enhance its presence in the continent.
The latest earthquake to rattle West Texas will add costs to producers already snarled by inflation and supply shortages, as operators curtail their use of wastewater wells in the largest U.S.
Pakistan has lifted a ban on sugar exports, the finance ministry said on Thursday, in a move that government sources indicated was aimed at boosting foreign reserves.
SPB Exchange plans to offer trading in more than 500 Hong Kong-listed Chinese shares in 2023 and expand to markets such as India, Brazil and South Africa, the head of Russia's second-largest bourse said on Thursday.
Unilever said on Thursday that its litigation with the independent board of Ben & Jerry's over the sale of its Israeli ice cream business has "been resolved".
The British bank is looking at securing a license in the kingdom to be able to manage deals including initial public offerings (IPOs), the people said, speaking on the condition of anonymity.
The UAE has reiterated its commitment to upholding the rights of domestic workers across the Emirates.
Lawyers for the bankrupt crypto exchange FTX on Wednesday opposed a demand for internal records from an insolvent affiliate based in the Bahamas, saying they "do not trust" the Bahamian government with data that could be used to siphon off assets from the bankrupt company.
U.S. senators on Wednesday pressed Congress to regulate cryptocurrency under existing financial rules, as lawmakers scramble to rein in the troubled industry after prosecutors filed criminal charges against FTX founder Samuel Bankman-Fried.
The Turkish leader's remarks came during a three-way summit with the presidents of Turkmenistan and Azerbaijan in the isolated Central Asian state's city of Awaza.
Japan's imports surged in November, outpacing exports and resulting in the 16th straight month of trade deficits, as the spectre of a global slowdown added to the country's worsening terms of trade.
UAE nationals are likely to search for greener pastures somewhere else if they are not offered high compensation packages, authorities said.
