ADNOC Distribution accelerates AI adoption across operations

ADNOC Distribution accelerates AI adoption across operations

DNOC Distribution continues to strengthen its position as one of the UAE’s leading innovators by expanding the use of artificial intelligence ...

DCT Abu Dhabi and Amazon join forces to launch world's largest digital Arabic library

DCT Abu Dhabi and Amazon join forces to launch world's largest digital Arabic library

The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) and Amazon have partnered to launch the world’s most comprehensive di ...

Mubadala Sells Down Stake in UAE Carrier Du for $858 Million

Mubadala Sells Down Stake in UAE Carrier Du for $858 Million

Abu Dhabi wealth fund Mubadala Investment Co. raised about $858 million from the sale of a stake in Emirates Integrated Telecommunications Co. PJSC ...

OPEC chief: Oil to remain vital despite ‘peak oil’ predictions

OPEC chief: Oil to remain vital despite ‘peak oil’ predictions

Oil will remain a cornerstone of the global energy system in the decades ahead, with the Organization of the Petroleum Exporting Countries (OPEC) p ...

UK economy stagnated in July, GDP data shows

UK economy stagnated in July, GDP data shows

Britain’s economy recorded zero monthly growth in July, in line with economists expectations, after a strong 0.4% bounce in June, official fi ...

Nvidia and OpenAI to back major investment in UK AI infrastructure

Nvidia and OpenAI to back major investment in UK AI infrastructure

Nvidia and OpenAI are in discussions about backing a major investment in Britain focused on boosting artificial intelligence infrastructure in the ...

ADNOC transfers stakes in listed units to international arm XRG

ADNOC transfers stakes in listed units to international arm XRG

Abu Dhabi National Oil Company (ADNOC) said on Thursday it has transferred its shareholdings in several of its listed subsidiaries to XRG, its inte ...

Adnoc, Landmark Group launch ME’s largest loyalty partnership

Adnoc, Landmark Group launch ME’s largest loyalty partnership

Adnoc Distribution on Thursday announced a new collaboration with Landmark Group, the Middle East’s premier omnichannel retail leader. ...

ECB to hold rates again but keep door ajar to further easing

ECB to hold rates again but keep door ajar to further easing

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Goldman Sachs supports Abu Dhabi’s drive for sustainable water infrastructure

Goldman Sachs supports Abu Dhabi’s drive for sustainable water infrastructure

Abu Dhabi is looking to global finance to bolster its long-term water security. The Department of Energy has signed ...

ADNOC L&S forges partnership to boost UAE’s offshore energy sector

ADNOC L&S forges partnership to boost UAE’s offshore energy sector

UAE’s NMDC Group, a provider of engineering, procurement, construction (EPC), and marine dredging services, has signed an agreement with ADNO ...

Egypt’s EGAS, British Petroleum sign deal to drill 5 new Mediterranean gas wells

Egypt’s EGAS, British Petroleum sign deal to drill 5 new Mediterranean gas wells

Egyptian Minister of Petroleum and Mineral Resources Karim Badawi attended the signing of a memorandum of understanding (MoU) on Monday between the ...

ADNOC Gas to Join FTSE Emerging Index, Unlocking Over $250 Million in Fund Investment

ADNOC Gas to Join FTSE Emerging Index, Unlocking Over $250 Million in Fund Investment

ADNOC Gas plc and its subsidiaries (together, "ADNOC Gas" or the "Company") (ADX: ADNOCGAS) (ISIN: AEE01195A234) today announced that its shares ha ...

UAE GDP hits Dh455bn in first quarter as non-oil economy breaks another record

UAE GDP hits Dh455bn in first quarter as non-oil economy breaks another record

The UAE’s economy maintained strong momentum in the first quarter of 2025, with real gross domestic product rising 3.9 per cent year-on-year ...

Treasury secretary says U.S. and European Union must partner to 'collapse' Russian economy

Treasury secretary says U.S. and European Union must partner to 'collapse' Russian economy

Secretary Scott Bessent said if the Supreme Court rules against the administration on tariffs, refunding the funds would be “terrible” ...

World food prices at more than two-year high, FAO says

World food prices at more than two-year high, FAO says

World food prices hovered around their highest level in more than two years in August, as costlier meat, sugar and vegetable oil offset cheaper cer ...

Emirates Global Aluminium posts AED15.08 billion revenue in H1

Emirates Global Aluminium posts AED15.08 billion revenue in H1

Emirates Global Aluminium (EGA) on Thursday reported revenues of Dh15.08 billion ($4.11 billion) for the first half of 2025. EGA delivered ...

ADX, AIX announce establishment of direct link between their CSDs

ADX, AIX announce establishment of direct link between their CSDs

The Abu Dhabi Securities Exchange (ADX) and the Astana International Exchange (AIX) announced the implementation of a direct link between their res ...

ADNOC L&S Welcomes New Shareholders Following Successful $317 Million Share Placement

ADNOC L&S Welcomes New Shareholders Following Successful $317 Million Share Placement

ADNOC Logistics and Services plc (ADNOC L&S), a global energy maritime logistics firm, has completed a $317 million institutional placement. Th ...

ADNOC and RIQ announce $500m AI-powered reinsurance collaboration

ADNOC and RIQ announce $500m AI-powered reinsurance collaboration

ADNOC, an AI-native reinsurance platform and subsidiary of International Holding Company (IHC), has partnered with RIQ, a diversified energy and pe ...