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Economy
Kuwaiti investments in Egypt surpass $20 billion
Efforts are underway to organize the joint trade committee between the two countries as soon as possible
Economy
Abu Dhabi’s Masdar announces $1.4 billion acquisition of Saeta from Brookfield
The acquisition encompasses a portfolio of 745 megawatts (MW) of primarily wind energy assets
Banking & Finance
Abu Dhabi Finance Week reveals top finance leaders set to speak at 2024 edition
The 2024 edition will feature over 300 speakers, including CEOs and Chairs from 50 major global financial institutions
Economy
UAE, IRENA forge partnership to boost climate ambitions in 20 developing nations
The partnership aims to leverage the UAE’s climate leadership and IRENA’s role in NDC development and sustainable energy transition
Economy
Sharjah Chamber hosts first Pakistan Business Council meeting to strengthen investment, trade ties
Council’s strategy focuses on launching targeted promotional initiatives that emphasize the attractive investment environments in both Sharjah and Pakistan
Economy
Egypt invests $300 billion in infrastructure development over 10 years, says minister
El Khatib underscored the need to continue infrastructure development to achieve 6 to 7 percent economic growth
Economy
Sheikh Mohammed issues decree on appointment of Dubai government employees to judicial authorities
The Decree aims to attract national talent to Dubai's judiciary while ensuring employees retain benefits during training
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
UAE’s developer Nakheel awards $490 million construction contract for luxury Como Residences on Palm Jumeirah
The 75-storey tower will reach heights exceeding 300 metres
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
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