UAE insurance sector total profit surges to AED2.5b in ’23 – CBUAE
The Central Bank of the UAE (CBUAE) reported that the country’s insurance sector profits surged to AED2.5 billion…
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Abu Dhabi
Australia-UAE trade deal cuts tariffs on 99% of products
Australia announced a new trade agreement with the United Arab Emirates (UAE) on Tuesday, eliminating tariffs for…
PGIM opens new office in Abu Dhabi
The investment management arm of US, insurer Prudential Financial, PGIM has opened a new office in Abu Dhabi. This…
ADREC: Abu Dhabi real estate sees record FDI in H1
Abu Dhabi Real Estate Centre (ADREC) reported a 225 per cent increase in foreign direct investment (FDI) in the…
UAE launches Q3 ’24 Clean Energy Certificates auction
Emirates Water and Electricity Company (EWEC) has announced the opening of registration for its Q3 2024 Clean…
UAE’s ADNOC boosts SARB field output 25%
ADNOC’s offshore Satah Al Razboot (SARB) field has achieved a 25 per cent increase in production capacity, reaching…
Itochu set to establish global low-carbon iron supply
Itochu, a Japanese trading house, is set to establish a global supply chain for reduced iron, a low-carbon steel…
S. Arabia raises $5b in sukuk
Saudi Arabia has successfully raised $5 billion through the issuance of dollar-denominated sukuk, aiming to address…
UAE, Iran rare economic commission set to convene in Abu Dhabi
A rare joint economic commission between the United Arab Emirates and Iran will convene in Abu Dhabi from Tuesday…
Abu Dhabi raises $5b from eurobond market after 3-yr hiatus
Abu Dhabi has entered the Eurobond market for the first time since 2021, raising a substantial $5 billion in what…
