The group’s revenues in the first six months of its financial year jumped by 5 per cent to $19.3bn (Dhs70.8bn)
The holding firm’s financial position is backed by its total assets of Dhs382.9bn as of September 30, driven by investments and asset transfers
The deal, which expands the UAE’s efforts to become a key supplier of LNG, converts a preliminary deal signed in March to a definitive sales agreement
The 3D mega seismic survey, which began in late 2018, covers a vast 85,000 square kilometres across onshore and offshore areas in Abu Dhabi
The right sort of education in banking and finance is going to become even more important for the GCC in a world of technology-driven automation and climate change, says the MD of MENA and Asia at The London Institute of Banking & Finance
The growth in the country’s debt capital markets demonstrates its expanding financial landscape and its strategic role in the global Islamic finance market
The National Investment Strategy 2031 is more than a roadmap for FDI growth; it represents the UAE’s strategic intent to be a leader in emerging sectors and a magnet for top talent
Carrefour Jordan had announced late Monday in a Facebook post that it would no longer operate in the country
The collaboration will support environmental and economic goals through AI-driven initiatives in renewable energy, carbon capture and efficiency improvements
Jamal Saleh, director general of the UAE Banks Federation (UBF), emphasises the need for a robust and inclusive digital lending ecosystem in the UAE to support economic growth and financial inclusion
The listing would allow investors to invest in Oman’s only production company of methanol, ammonia and LPG products
Consumer preferences are evolving with more than 60 per cent of customers in the GCC interested in adjacent services from their current retailers, according to Oliver Wyman’s latest survey
Aramco expects to declare total dividends of $124.3bn in 2024, of which $43.1bn would be performance-linked dividends
The transaction, subject to regulatory approvals, would be on a cash-free, and debt-free, excluding transaction fees and expenses
The finance ministry will transfer the entirety of its stake to the PIF at a share price of SAR41.60 apiece, subject to regulatory approvals and non-objections
The price range for the shares remains unchanged at between Dhs1.94 and Dhs2.04 per share
The kingdom’s total spending came to SAR339bn in the quarter as it continued to spend heavily on its Vision 2030 transformation programme
The initiative aims to reduce transportation costs, ease traffic congestion, and offer a more sustainable travel option for commuters between the two emirates
Sales for Mamsha Gardens open on November 9, offering buyers a variety of options including one, two, and three-bedroom apartments
The CEO of the UAE-based agency shares his vision for driving growth and strengthening cross-cultural connections within the industry
The ENERGYai platform, built with ADNOC’s 80 years of historical data, is expected to set new standards in the energy sector for precision, efficiency, and sustainability
With more than 2,000 entities, including 231 financial services firms, ADGM remains the MENA region’s only financial centre applying English Common Law directly
The Main Roads Development Plan for 2024-2027 includes 22 strategic projects across Dubai’s road network
According to KPMG, VC investment and deals remained subdued in Q3, as many VC investors globally remained in a holding pattern given the current uncertainties still permeating the market
With a burgeoning market, supportive government initiatives, and a robust digital landscape, the UAE is positioned to drive innovation in the cybersecurity sector
The move toward EVs has accelerated in recent years and is seen as a key way to help countries achieve climate goals
ADNOC said early this month it had struck a deal to buy Covestro for $16.3bn, including debt, the energy giant’s biggest-ever acquisition
This substantial investment reflects GQG Partners’ confidence in both Alpha Dhabi and the ADX as a platform for high-quality, long-term investments
Tokenised Treasuries are a growing segment of the crypto market, with a market capitalisation of $2.4bn on public blockchains
The 46-storey Nobles Tower features 549 premium apartments