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Kudakwashe Muzoriwa

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TAQA, ENGIE & EWEC desalination plant.jpeg

TAQA, ENGIE and EWEC close $620m financing for desalination plant

Dubai ICD posts record profit

Dubai wealth fund ICD records full year profit of Dhs36.1bn

EDB finance deals

Make it in the Emirates Forum: EDB unveils Dhs424m in financing deals

CBUAE, HKMA partnership

CBUAE issues new AML guidance for financial institutions

Knight frank Dubai property market

Global HNWIs to pour $2.5bn in Dubai property in 2023: Knight Frank

Olam Group postpones IPO of Olam Agri

Olam Group delays listing agri unit on Saudi Exchange

First Mills IPO on Saudi Exchange

Saudi First Mills’ $266.4m IPO attracts bids worth $18bn

UAE corporate tax

UAE announces rules on tax grouping and interest capping

Tabreed forays into India

UAE’s Tabreed invests Dhs44m in TATA Realty’s Intellion Park

S&P Global affirms positive outlook on Bahrain

S&P Global affirms rating, positive outlook on Bahrain

DEWA commissions new reservoir (1)

DEWA commissions 60 MIG Lusaily water reservoir

Dubai exchange launches futures contracts

Dubai bourse launches futures contracts on general index

UAE and Poland seeks to bolster ties

UAE, Poland seek to strengthen financial and economic ties

PIF has launched a new company Badeal

Saudi wealth fund PIF launches Badael to make tobacco-free products

Majid Al Futtaim issues sukuk

UAE’s Majid Al Futtaim issues $500m green sukuk

TII unveils its Falcon 40B

Abu Dhabi’s TII unveils its Falcon 40B AI model open source

Sultan Al Neyadi with other crew members

UAE astronaut Sultan Al Neyadi celebrates birthday in space

ADNOC Drilling acquires 6 rigs

ADNOC Drilling signs $75m deal for six newbuild hybrid power land rigs

Jeddah Islamic Port is Saudi Arabia’s busiest port

Jeddah Islamic Port’s April container volume surges by 25%

FAB supply chain finance in KSA

UAE’s FAB launches supply chain finance in Saudi Arabia

ADNOC Group Onshore Drilling Rig

ADNOC, TAQA invest $2.4bn to supply sustainable water to onshore operations

UAE Minister of State for foreign trade Dr Thani bin Ahmed Al Zeyoudi

UAE, Malaysia agree to launch CEPA negotiations

Qatar sets up a $275m market-maker fund

Qatar allots $275m to a new market-making programme

SeaWorld Yas Island underwater Zoo

SeaWorld Yas Abu Dhabi opens with a star-studded event

Dubai government debt burden

Dubai’s debt burden to drop to 51% in 2023, says S&P Global

ADNOC L&S IPO

ADNOC raises size of its logistics unit IPO on heavy demand

NEOM green hydrogen plant

NEOM Green Hydrogen Company closes $8.4bn deal for production facility

TAQA, Uzbekistan power generation

TAQA to explore investments worth $3bn in Uzbekistan’s energy sector

ACWA Power Riyadh Headquarters Office

ACWA Power, PIF unit jointly invest $3.25bn in three solar projects

Productivity at work

Productivity: How to manage your energy efficiently