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Abu Dhabi
Banking & Finance
UAE banking sector transfers surpass $1.66 trillion in first four months of 2024
The value of transfers executed through the system increased by over 20 percent year-on-year
Markets
Top 5 GCC IPOs by proceeds during H1 of 2024
GCC region raised total proceeds of $3.6 billion from 23 IPOs during the first six months of 2024
Markets
GCC companies raise $3.6 billion from 23 IPOs in H1 of 2024: Report
The Kingdom raised $2.1 billion from 19 offerings, making up 59 percent of total GCC IPO proceeds
Energy
ADNOC Gas awards $550 million contracts to expand UAE gas infrastructure, increase customer reach
The contracts were awarded to NMDC Energy P.J.S.C and Galfar Engineering & Contracting W.L.L Emirates
Sustainability
Sustainable investments could unlock $2 trillion for GCC countries by 2030: Report
Green finance is surging in the GCC, with over $8.5 billion in green and sustainable bonds and Sukuk issued in 2022
Banking & Finance
CBUAE’s foreign assets surge 2.55 percent to $204.27 billion in April 2024
The Central Bank has added more than AED176 billion to its foreign assets within a year
Hospitality & Tourism
Top summer 2024 travel destinations for UAE residents revealed
Data showed a significant uptick in both domestic and international travel
Energy
ADNOC deploys AIQ’s RoboWell AI solution to autonomously operate wells
RoboWell delivers up to 30 percent optimization in gas lift consumption and up to a 5 percent increase in operating efficiency
Economy
UAE, Poland discuss collaboration in treasury, fintech, and renewable energy during first strategic financial dialogue
The dialogue seeks to boost bilateral trade and economic diversification initiatives
Hospitality & Tourism
GCC tourism’s contribution to GDP to surge to $340 billion by 2030: Report
The GCC region already boasts some of the world's most modern airports
Energy
Sheikh Khaled witnesses signing ceremony for international partners joining ADNOC’s Ruwais LNG project
His Highness met with heads of global energy companies to discuss the future of the sector
Sustainability
One million mangrove seeds planted using drone technology in Abu Dhabi
EAD and its partners completed 14 programs with a progress implementation rate of 49 percent
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