Azerbaijan, UAE to build two container ships for Caspian trade
AD Ports Group has signed a contract with Baku Shipyard in Azerbaijan to build two 780-TEU shallow-draft container vessels for trade across the Cas ...
HKEX Signs MoU with Abu Dhabi Securities Exchange to Boost Cross-Border Investment
The Hong Kong Exchanges and Clearing Limited (HKEX) has signed a landmark Memorandum of Understanding (MoU) with the Abu Dhabi Securities Exchange ...
Abu Dhabi Customs achieves significant growth in digital transactions
The General Administration of Abu Dhabi Customs recorded a 10.08 per cent growth in total customs transactions via digital platforms from the begin ...
Dubai Investments to list 25% of real estate unit
Dubai Investments plans to list up to 25 percent of its real estate unit Dubai Investment Park (DIP) on the Dubai Financial Market (DFM). T ...
ADQ, Azerbaijan Investment Holding ink MoU to explore collaboration
ADQ, the UAE-based sovereign investor focused on critical infrastructure and global supply chains, and Azerbaijan Investment Holding (AIH) have sig ...
World must spend $540b a year looking for oil, gas, IEA says
The world needs to spend some $540 billion a year looking for oil and gas to maintain current output by 2050, according to the International Energy ...
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
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
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
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
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 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
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 Distribution on Thursday announced a new collaboration with Landmark Group, the Middle East’s premier omnichannel retail leader. ...
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
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
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 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
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 ...