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This is a list of government-owned companies of the United Arab Emirates. A Government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government . Their legal status varies from being a part of government to stock companies with a state as a regular stockholder .
The United Arab Emirates is a high-income developing market economy. The UAE's economy is the 4th largest in the Middle East (after Turkey, Saudi Arabia and Israel ), with a gross domestic product (GDP) of US$415 billion (AED 1.83 trillion) in 2021-2023. [ 5] The UAE economy is heavily reliant on revenues from petroleum and natural gas ...
News Corp was established in 1980 by Rupert Murdoch as a holding company for News Limited.News Limited was founded in 1923 in Adelaide by James Edward Davidson, funded by the Collins House mining empire for the purpose of publishing anti-union propaganda; [9] [10] subsequently the controlling interest was bought by the Herald & Weekly Times.
Some Chinese companies might still be able to make a profit, even with duties as high as 30%. The provisional tariffs range from 17.4% to 38.1%, depending on the carmaker, and come on top of an ...
Red Bull has bought a minority stake in English soccer club Leeds in a deal that will also see the energy drink company become the team's shirt sponsor next season. The club announced on Thursday ...
Boxer Lin Yu-ting of Taiwan clinched her first Olympic medal Sunday in front of a crowd that chanted her name, one day after fellow boxer Imane Khelif of Algeria secured one as well following days ...
A multinational corporation (MNC; also called a multinational enterprise (MNE), transnational enterprise (TNE), transnational corporation (TNC), international corporation, or stateless corporation, [1] – with subtle but contrasting senses) is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country.
The company launched in 2005 in Dubai, United Arab Emirates and served multiple areas across the Middle East. [140] On March 28, 2017, Amazon acquired Souq.com for $580 million. [141] The company was re-branded as Amazon and its infrastructure was used to expand Amazon's online platform in the Middle East. [142]