BUSINESS

The move is in line with the UAE's efforts to integrate locals into the private and banking sectors' workforce.

Chevron Corp could soon win U.S. approval to expand operations in Venezuela and resume trading its oil once the Venezuelan government and its opposition resume political talks, four people familiar with the matter said on Wednesday.

After years of decline, demand for the polluting fossil fuel has surged this year as Europe scrambles to replace Russian gas, and coal miners are making money hand over fist.

Citigroup Inc's investment banking team has increased by 50% over the past two years and more people are being added in the United Arab Emirates (UAE) and Saudi Arabia, joining rivals seeking to take advantage of a red-hot Gulf IPO market.

Chinese technology majors have struggled in recent months amid an economic slowdown, Covid-19 curbs that have hammered consumer sentiment, and tighter regulatory scrutiny.

The Ural and the Yakutia are part of a fleet of nuclear-powered icebreakers that are meant to ensure Moscow's dominance over the melting Arctic.

The allegations are the latest point of tension over energy deliveries between Kyiv, European capitals and Moscow, which has reduced consignments to Europe in response to Western sanctions over the conflict in Ukraine.

Until now, there were no clear regulations, and disputes on tax residency were decided by the text of income tax treaties.

U.S. company Space Perspective offered a first glimpse of the giant balloon back in April.

Dubai's main airport on Tuesday raised its passenger forecast for this year by nearly two million to 64.3 million people after a strong pick up in business.

The woman claims her late husband borrowed the money from her but failed to settle his debt before he died.

The UAE had introduced an expanded scheme for Golden Visa applications in October.

Taiwan's representative to APEC said on Saturday he had a brief but "happy" chat with Chinese President Xi Jinping at a summit in Bangkok, a rare high-level interaction, and also discussed semiconductors with U.S.

European traders are rushing to fill tanks in the region with Russian diesel before an EU ban begins in February, as alternative sources remain limited.

Saudi Arabian real estate developer Dar Al Arkan said it signed an agreement with former U.S. President Donald Trump's company to use the Trump Brand for its $4 billion project in the Gulf state of Oman that includes a golf course, hotel and villas.

Meta Platforms Inc Chief Executive Mark Zuckerberg told employees on Thursday that WhatsApp and Messenger would drive the company's next wave of sales growth, as he sought to assuage concerns about Meta's finances after its first mass layoffs.

Ukraine has few viable options currently to boost grain exports by rail, road or river barge anytime soon if a United Nations-brokered deal with Moscow to export by sea runs into trouble.

The scathing condemnation came in a filing in US bankruptcy court from John J. Ray -- an executive with 40 years of experience in corporate restructurings including the infamous implosion of Enron in 2001.

The UAE's Moon mission will stay on the lunar surface for one lunar day or 14 Earth days to study the moon's geology and take high-resolution images of it.

The Pacific Zircon was "hit by a projectile approximately 150 miles off the coast of Oman" on Tuesday, Singapore-based firm Eastern Pacific Shipping which operates the vessel said in a statement, adding that there were no reports of casualties or any leakage of the cargo.

Crypto exchange FTX filed for Chapter 11 bankruptcy protection in the United States on Friday following its precipitous collapse, saying it could owe money to more than 1 million creditors.

Iran has released two Greek-flagged tankers that it seized in the Gulf in May, the Greek shipping ministry said on Wednesday, ending a months-long diplomatic impasse which has strained relations between Athens and Tehran.

Ukraine's largest telecom operator Kyivstar has resumed coverage for more than half of Kherson city after Russia retreated from the region, and is working to help services across the country withstand intensified bombing, a senior executive said on Wednesday.

The Biden administration has asked Congress for $500 million to modernize the U.S. strategic petroleum reserve (SPR), a document outlining the request shows.

France and Spain on Thursday joined a pledge to stop sales of gasoline-driven vehicles by 2035, five years earlier than previously planned, part of efforts to accelerate the transition to a low-carbon economy.

UAE users of the Zomato app will be redirected to the online food delivery service Talabat, starting Nov. 24.

Companies with more than 50 employees will need to ensure that 2% of their staff are Emirati citizens before 2023.

A flotilla of ships is carrying distillate fuel to New York Harbor to shore up stocks ahead of the winter, according to traders and shipping data.

Shares in Taiwan's TSMC soared on Tuesday after Warren Buffett's Berkshire Hathaway confirmed it had taken a close to $5 billion stake in a major boost of confidence for the semiconductor giant.