Energy UAE to exit OPEC, OPEC+ on 1 May Aya Anwar Apr 28, 2026 0 The United Arab Emirates announced on Tuesday it will exit the Organisation of the Petroleum Exporting Countries…
Stocks Gulf stocks soar on US-Iran ceasefire deal Aya Anwar Apr 8, 2026 0 Gulf stock markets surged on Wednesday as global equities rallied after US President Donald Trump agreed to a…
Featured Egypt, OPEC discuss strengthening strategic partnership Aya Anwar Nov 4, 2025 0 Egypt’s Minister of Petroleum Karim Badawi met with Haitham Al Ghais, Secretary-General of the Organisation of the…
Featured Egypt, ExxonMobil sign deal to explore new offshore block west of Zohr Aya Anwar Nov 4, 2025 0 ExxonMobil on Tuesday signed a letter of intent with Egypt’s state-run EGAS to expand natural gas exploration in…
Egypt News Egypt’s Alexandria Univ. to open new campus in UAE Aya El Sayed Aug 17, 2025 0 Egypt's Minister of Higher Education and Scientific Research Ayman Ashour on Sunday discussed preparations to open…
Featured Egypt, UAE discuss enhanced energy cooperation Aya Anwar Jul 29, 2025 0 Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi met with the UAE Minister of Energy and…
Money UAE’s Mubadala launches USD sukuk Aya Anwar May 28, 2025 0 Abu Dhabi’s Mubadala has opened orders for a 10-year U.S. dollar-denominated sukuk, tapping global debt markets…
Featured UAE’s Mubadala leads gulf sovereign investment surge in ’24 Aya Anwar Jan 1, 2025 0 Abu Dhabi’s Mubadala Investment Company accounted for 20 per cent of the $136.1 billion spent by sovereign wealth…
Featured UAE mandates emissions reporting for large polluters Aya El Sayed Dec 26, 2024 0 The United Arab Emirates (UAE) will require companies emitting 500,000 tons or more of carbon dioxide annually to…
Money UAE c. bank projects 4.5% GDP growth in ’25 Aya Anwar Dec 24, 2024 0 The Central Bank of the UAE (CBUAE) projects strong economic growth, with the UAE's non-oil trade exceeding AED 1.3…
Featured UAE insurance sector total profit surges to AED2.5b in ’23 – CBUAE Aya Anwar Oct 2, 2024 0 The Central Bank of the UAE (CBUAE) reported that the country’s insurance sector profits surged to AED2.5 billion…
Industry & Trade Australia-UAE trade deal cuts tariffs on 99% of products Nada Ali Sep 17, 2024 0 Australia announced a new trade agreement with the United Arab Emirates (UAE) on Tuesday, eliminating tariffs for…
Featured PGIM opens new office in Abu Dhabi Aya Anwar Sep 12, 2024 0 The investment management arm of US, insurer Prudential Financial, PGIM has opened a new office in Abu Dhabi. This…
Featured ADREC: Abu Dhabi real estate sees record FDI in H1 Aya Anwar Aug 14, 2024 0 Abu Dhabi Real Estate Centre (ADREC) reported a 225 per cent increase in foreign direct investment (FDI) in the…
Featured UAE launches Q3 ’24 Clean Energy Certificates auction Aya El Sayed Aug 12, 2024 0 Emirates Water and Electricity Company (EWEC) has announced the opening of registration for its Q3 2024 Clean…
Energy UAE’s ADNOC boosts SARB field output 25% Aya Anwar Jul 30, 2024 0 ADNOC’s offshore Satah Al Razboot (SARB) field has achieved a 25 per cent increase in production capacity, reaching…
Energy Itochu set to establish global low-carbon iron supply Aya Anwar Jun 23, 2024 0 Itochu, a Japanese trading house, is set to establish a global supply chain for reduced iron, a low-carbon steel…
Featured S. Arabia raises $5b in sukuk Aya Anwar May 29, 2024 0 Saudi Arabia has successfully raised $5 billion through the issuance of dollar-denominated sukuk, aiming to address…
Featured UAE, Iran rare economic commission set to convene in Abu Dhabi Aya Anwar Apr 30, 2024 0 A rare joint economic commission between the United Arab Emirates and Iran will convene in Abu Dhabi from Tuesday…
Featured Abu Dhabi raises $5b from eurobond market after 3-yr hiatus Aya Anwar Apr 24, 2024 0 Abu Dhabi has entered the Eurobond market for the first time since 2021, raising a substantial $5 billion in what…
Featured Abu Dhabi to re-enter eurobond market after 3-yr absence Aya Anwar Apr 23, 2024 0 Abu Dhabi is entering the eurobond market for the first time in roughly three years, a move prompted by diminishing…
Featured Middle East to become sole region boasting $3tn funds Aya Anwar Mar 13, 2024 0 The Middle East, abundant in oil wealth, is on the brink of becoming the sole region boasting three trillion-dollar…
Featured Dubai to divest stake in parking business Aya Anwar Feb 27, 2024 0 Dubai’s government selling a 25 per cent ownership share in the city's public parking business through an initial…
Financial Institutions Adani Group’s to raise $2.6 bln for expansion Aya El Sayed Feb 19, 2024 0 The Indian Adani Group is actively discussing with sovereign funds in West Asia to secure up to $2.6 billion for…
Featured UAE launches 1st enzyme-based fuel additives facility in MENA Aya El Sayed Jan 4, 2024 0 The Industrial Development Bureau (IDB), a branch of the Abu Dhabi Department of Economic Development (ADDED)…
Featured Abu Dhabi Ports to run new Egypt’s Safaga terminal Aya El Sayed Dec 27, 2023 0 Egypt and Abu Dhabi Ports Group signed an agreement on Wednesday for the latter to operate and maintain a…
Featured Abu Dhabi, Siemens Energy partners for industrial decarbonisation Aya El Sayed Dec 25, 2023 0 Abu Dhabi Department of Economic Development (ADDED), represented by the Industrial Development Bureau (IDB), and…
Featured Abu Dhabi announces plan to improve air quality Aya El Sayed Dec 7, 2023 0 Abu Dhabi laid out plans to slash harmful emissions from traffic in the UAE capital as it strives for cleaner air…
Tech/AI UAE’s ADNOC, TAQA secure financial closing for $2.2bln water project Nada Ali Sep 25, 2023 0 Abu Dhabi National Oil Company (ADNOC) said on Monday that it has secured the financial closing of $2.2 billion…
Tech/AI UAE’s ADNOC signs $500 mln LNG supply deal with Japan Nada Ali Aug 17, 2023 0 Abu Dhabi National Oil Company (ADNOC) signed a five-year liquefied natural gas (LNG) supply deal worth between…
Tech/AI Air France to fly Paris-Abu Dhabi daily starting October Sama Mousa Jul 18, 2023 0 Air France will start operating daily flights between Paris-Charles de Gaulle and Abu Dhabi from October 29, the…
Industry & Trade NWTN to set up EV production line in Abu Dhabi Yassmine Elbehnaihy Jul 13, 2023 0 Green mobility company, NWTN, has signed a Memorandum of Understanding with Abu Dhabi Department of Economic…
Tech/AI Abu Dhabi to invest $2 bln in South Korea Yassmine Elbehnaihy May 23, 2023 0 Abu Dhabi organizations have identified two billion dollars of investment opportunities in South Korea, following…
Banks Goldman Sachs to open office in Abu Dhabi Yassmine Elbehnaihy May 17, 2023 0 Goldman Sachs is set to open an office in Abu Dhabi Global Market (ADGM), as UAE has been seeking to attract more…
News Elie Saab opens his first store in Saudi Arabia Norhan Adel May 14, 2023 0 Lebanese fashion designer, Elie Saab is opening a first flagship store in Riyadh, as part of its Middle East…
Tech/AI ADNOC plans to list 15% stake in logistics unit IPO Nada Ali May 10, 2023 0 Abu Dhabi's main energy company ADNOC announced on Wednesday its plans to list 15 percent of its logistics and…
Banks UAE cancels MTS Bank license in fear of sanctions Yassmine Elbehnaihy Apr 2, 2023 0 The United Arab Emirates central bank will be canceling the license given to Russian MTS Bank last year, after…
Stocks Gulf stock markets briefing 20-3-2023 Yassmine Elbehnaihy Mar 20, 2023 0 Gulf stock markets slightly declined in their main indices this Monday, with the exception of the Saudi market.
Tech/AI Abu Dhabi transfers Etihad Aviation Group ownership to ADQ’s portfolio Nada Ali Oct 19, 2022 0 Abu Dhabi’s sovereign wealth fund ADQ announced on Tuesday that the government had transferred Etihad Aviation…
Money Abu Dhabi to jump on disruptive tech investments in emerging markets Esraa Ibrahim Aug 21, 2022 0 Abu Dhabi wealth fund ADQ-backed Abu Dhabi Growth Fund, in corporation with AI firm G42 in operating a $10 billon…