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TAQA Q1 net income $571m

Net income fell $2.58bn due to one-off items recognized in 2023.

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Aramco Q1 profit down 14.5%

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Abu Dhabi positioned in world’s fastest-growing economic corridor: Official

Despite fluctuations in the oil and gas global markets, the Abu Dhabi's economy continues to exhibit promising prospects.
  • He added that Abu Dhabi Finance Week took center stage, drawing policymakers, financial leaders, and investors worldwide.
  • El Solh underscored Abu Dhabi's newfound status as the go-to investment gateway in Asia for many global and regional investors.

Abu Dhabi, UAE — Dr. Karim El Solh, Co-Founder and Chief Executive Officer at Gulf Capital, said Thursday Abu Dhabi is positioned as one of the globe’s fastest-growing financial hubs between West and East Asia.

Speaking to the Emirates News Agency (WAM) during Abu Dhabi Finance Week, El Solh underscored Abu Dhabi’s newfound status as the go-to investment gateway in Asia for many global and regional investors.

He added that Abu Dhabi Finance Week took center stage, drawing policymakers, financial leaders, and investors worldwide to engage in discussions about the sector’s evolving landscape and co-create a vision for its future.

El Solh emphasized that the event spotlighted Abu Dhabi and the UAE’s influential role in the global financial arena, with discussions exploring investment prospects in cutting-edge sectors like climate action, sustainability, and artificial intelligence, underscoring the importance of the Middle East and North Africa region for global investors.

He pointed out that the company has been officially designated as the Climate Action Supporter for COP28, which is currently being held in Expo City Dubai.