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Economy
Abu Dhabi’s Masdar secures $159 million for 154 MW Čibuk 2 wind farm, powering 62,000 households
Non-recourse financing has been secured from lenders UniCredit and Erste Bank Serbia
Economy
ADX confirms rebranding of Bayanat AI PLC to Space42 PLC after merger with Yahsat
The name change is set to take effect on October 1, 2024
Economy
Oil prices surge as China launches economic stimulus amid Middle East tensions, hurricane threat
Brent crude futures for November climbed by 69 cents, or 0.93 percent, reaching $74.59 a barrel
Economy
Abu Dhabi’s Jubail Island awards $108.9 million construction contract for Jubail Town Centre
The contract covers four office buildings and two residential structures—Jubail Terraces 7 and 8
Economy
Sheikh Mohammed approves $2.72 billion expansion plan for Dubai Exhibition Centre at Expo City Dubai
This landmark venue will be the region's largest indoor exhibition site and set new global standards for excellence
Banking & Finance
UAE’s Al Ansari announces $42.9 million interim cash dividend for 2024
The deadline for dividend entitlement is September 26, 2024, with the ex-dividend date on September 27, 2024
Emiratization in UAE: Final deadline for hiring at least one Emirati citizen approaches, MoHRE warns
The measure impacts over 12,000 businesses across 14 crucial economic sector
Economy
Sharjah operates first phase of electric bus rides
The move aligns with SRTA’s commitment to sustainability and supports the UAE’s goal of achieving Net Zero by 2050
Economy
UAE, U.S. strengthen strategic partnership as trade reaches $39.5 billion in 2023
The UAE President's visit marks a significant moment in over fifty years of bilateral relations between the two nations
Economy
UAE, Eurasian Economic Commission to enhance economic ties as non-oil trade hits $13.7 billion in H1 2024
Dr. Thani bin Ahmed Al Zeyoudi met Andrey Slepnev in Moscow lately to discuss expanding UAE-Eurasian trade and investment
Banking & Finance
Abu Dhabi Housing Authority and Abu Dhabi Commercial Bank collaborate to enhance housing loan accessibility for UAE nationals
This initiative allows eligible citizens to secure extra financing on their AED1.75 million loans for better housing
Economy
UAE celebrates 94th Saudi National Day, reinforcing fraternal ties as non-oil trade soars to $280.96 billion from 2014 to 2023
The fraternal ties between the UAE and Saudi Arabia exemplify a unique model of collaboration
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