Adani Enterprise Ltd Image IHC X

Abu Dhabi-based IHC increases stake in Adani Enterprises to above 5%

This development follows last week’s announcement by IHC that it had entered a definitive agreement to sell its stake in AGEL and ATL

PIF launches Al Balad Development Company to develop Jeddha Historic District Image courtesy PIF X

Saudi’s PIF sets up Al Balad Development Company to transform Jeddah’s historic district

The company will follow leading urban planning and environmental sustainability standards to preserve the area’s unique heritage

AD Ports Group’s Noatum buys Sesé Auto Logistics

AD Ports Group’s Noatum acquires Sesé Auto Logistics

The deal implies an enterprise value to EBITDA ratio of around 3.5x based on the company’s last twelve months performance to August 2023

Interview with Tarek Sultan of Agility

Interview: Agility’s Tarek Sultan on the company’s expansion strategy and sustainability goals

The vice chairman of Agility shines the spotlight on the company’s growth and sustainability strategies, and how the company is supporting SMEs and fair trade

ADNOC Gas awards 615m contract for carbon capture projects

ADNOC awards Petrofac $615m carbon capture projects contract

The engineering, procurement and construction contract was awarded to Petrofac Emirates

Champions League - Manchester City

Manchester City brings its Treble Trophies to the UAE this week: Full details

The tour will  give a chance for fans in the region to see the cups and have their photos taken with the silverware

TIM HORTONS

Grab a Double Double: Tim Hortons marks 300 stores in GCC and India

The group currently has 285 outlets in the GCC region and 22 in India as part of the Tim Hortons portfolio

Etihad begins flights to Osaka, Copenhagen and Dusseldorf (Image:Supplied by Etihad)

Etihad begins flights to Osaka, Copenhagen and Dusseldorf

The airline is also in the process of upgrading its frequencies to several other destinations

National Bonds unveils ‘millionaire’ saving plan

Millionaire in 10 years: National Bonds unveils ‘My One Million’ saving plan

Companies can contribute on behalf of their employees, which is expected to enhance employee retention

UAE energy transition

UAE plans to generate 19.8 gigawatts of clean energy by 2030: Al Mazrouei

The energy transition will see UAE aiming to become a leading producer and supplier of low-carbon hydrogen as well

Sheikh Hamdan space missions

Sheikh Hamdan announces space ventures in 2024; mission to include UAE’s first female astronaut

The space mission will see two Emirati astronauts – Mohammed Al Mulla and Nora Al Matrooshi – head to space next year

Abu Dhabi’s non-oil economy grew 12.3% in Q2 2023

Abu Dhabi’s non-oil economy grew 12.3% in Q2 2023

The financial sector grew nearly 30 per cent year-on-year, with the value-added by the industry surging more than Dhs18bn

UAE President Sheikh Mohamed bin Zayed visits Qatar

UAE President visits Qatar for International Horticultural Expo 2023

Sheikh Tamim bin Hamad Al Thani welcomed President Sheikh Mohamed and his delegation upon their arrival in Doha

COP28 - DR SULTAN AL JABER - ADIPEC

COP28: Dr Sultan Al Jaber says oil companies support 2050 net-zero goal

The COP28 president-designate said that more than 20 oil and gas companies had answered calls to zero out methane emissions by 2030

DEWA commissions second unit in Dhs15.8bn solar park

DEWA commissions second unit of 4th phase of Dubai solar park

The fourth phase is set to provide clean energy for approximately 320,000 residences and reduce carbon emissions by 1.6 million tonnes annually

Saudia rebrands

Saudia rebrands for a ‘tech-driven future’: Take a look at the new colours, logo

The new colours hold deep symbolism representing the authenticity of the Saudi identity

Blue Residency Visa

Sheikh Mohammed announces new law for an official Dubai emblem; Dhs500,000 fine for rule violation

The emblem, as per the law, will be the property of the Dubai government

Automechanika dubai 2023 begins on Oct 2 at DWTC image Automechanika Dubai

Automechanika Dubai 2023: Biggest-ever edition begins at DWTC

The event, running run until October 4, is witnessing a year-on-year growth in exhibitor participation to the tune of 57 per cent

New Anantara coming to Abu Dhabi (Image: Supplied by Minor Hotels)

New Anantara coming to Abu Dhabi

The 22-key Anantara Santorini Abu Dhabi Retreat is set to launch in Q4 2023

Shell Aviation to supply SAF to Emirates in Dubai (Image: Supplied by Emirates)

Shell Aviation to supply SAF to Emirates in Dubai

More than 300,000 gallons of blended Sustainable Aviation Fuel will be made available to the airline at DXB

Abu Dhabi to host ADIPEC 2023 from Oct 2-5 Image courtesy WAM

ADIPEC 2023: Biggest-ever edition opens in Abu Dhabi on Oct 2

ADIPEC 2023 is expected to attract more than 160,000 attendees from 164 countries

expo 2023 doha

Doha Expo 2023: All you need to know about the International Horticultural exhibition

Doha Expo 2023 will draw international visitors and organisers from 80 countries who will showcase their respective flora and fauna

Saudi Arabia

Saudi Arabia forecasts slower growth, budget deficit for 2023

The largest Arab economy expects real gross domestic product to grow by 0.03 per cent this year

RTA awards project for Hessa Street Improvement project Image RTA Dubai Media Office

Hessa Street capacity to double; RTA awards Dhs689m contract for major revamp

The project will double the lanes on Hessa Street from two to four in each direction and boost its capacity to accommodate 8,000 vehicles per hour

Edge Group acquires 50 per cent stake in SIATT Image Edge Group

UAE-based Edge Group acquires 50% stake in Brazil’s SIATT

SIATT specialises in the integration of systems with advanced technological content for defence and aerospace sectors

Dubai Miracle Garden

Dubai Miracle Garden celebrates 12th anniversary with spectacular opening

As Dubai Miracle Garden blooms into its 12th season, it continues to be a must-visit destination for residents and tourists alike

Mubadala Manipal Hospitals talks

Mubadala in talks with Temasek for stake in India’s Manipal Hospitals: Report

An investment from Mubadala could help Manipal Hospitals to expand its business

UAE announces fuel prices for October 2023

UAE announces petrol, diesel prices for October

The fuel price committee increased the retail rates for Super 98, Special 95, and E-Plus 91 by as much as 3 fils per litre in October

Lombard Odier

Swiss bank Lombard Odier plans expansion after getting new Dubai licence

The Swiss bank is expanding its UAE presence as part of a push to tap family wealth and a growing pool of entrepreneurs

alternative investment

The UAE as the new alternative investment hub

A look at the emerging trends and challenges in risk management for alternative investment fund managers