GCC banks to maintain resilience in 2024, says S&P Global
Abu Dhabi, UAE--Despite geopolitical uncertainties and potential economic headwinds, S&P Global expects GCC banks to maintain their well-capitalised, profitable, and...
Business
UAE and UK seek to boost economic cooperation
Abu Dhabi, UAE-- Looking to enhance economic ties between the UAE and the United Kingdom, Abdulla bin Touq Al Marri,...
Business
Demand for more natural pet food to drive quillaia extract market growth: FMI
It is expected to grow at a CAGR of 4.5 percent between 2021 and 2031 The UAE’s pet-food market...
MENA region to see fall in PC device shipments in Q2 2021
The Middle East and Africa personal computer devices market will see a decline of 2.4 percent year-on-year in the...
Dubai gets ‘TIRS’ cybersecurity platform
The new platform has been designed by a team of UAE nationals Digital14’s research reveals an exponential surge in phishing...
A day after signing tax treaty, Israel to open economic office in UAE
Abu Dhabi will host an Israeli economic office to strengthen economic ties The announcement comes a day after the...
Aster announces 10-year salary support for bereaved families of staff who died of Covid-19
The company has 21,000 employees, including 2,887 doctors and 6,283 More than 5,100 of these employees have been infected...
National Bank of Kuwait hqrs completed
The work on the project had started in 2013 Projacs International was the Project Management Consultant National Bank of...
JP Morgan names Borja MartÃnez-Laredo as Menat MD
Borja joins the Bank from an international technology firm where he oversaw mergers and acquisitions Prior to this, Borja...
Hassan Allam Holding moves to the intelligent Microsoft Cloud
HAH made the move to Microsoft Azure during the COVID-19 crisis Egyptian company employs over 35,000 people across the...
COP26 Update: UAE focuses on carbon reduction strategies
A UAE climate negotiation team is attending the United Nations Framework Convention on Climate Change (UNFCCC) The meetings aim...
Sheraton appoints a celebrity chef for its property in Amman
The Portuguese native has built his career through assignments at various international restaurants and hotels across the world The...
GCC banks to maintain resilience in 2024, says S&P Global
Abu Dhabi, UAE--Despite geopolitical uncertainties and potential economic headwinds, S&P Global expects GCC banks to maintain their well-capitalised, profitable, and...
Business
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UAE and Brazil discuss boosting trade, energy, strategic ties
Brasilia, Brazil-- The UAE and Brazil have explored opportunities to develop cooperation in trade, energy and climate issues in a...
Geostrategy
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Business
Adnoc and Occidental sign deal
They will conduct a study to build a direct air-capture facility.
- The deal was signed after the two companies had signed a collaboration agreement to explore carbon capture, utilisation and storage (CCUS) projects in the UAE and the US
- The one-million-tonnes-per-annum facility will be be connected to ADNOC’s CO2 infrastructure for injection and permanent storage into saline reservoirs
Business
Kazakhstan’s BSG Technology to set up business in UAE next year
Abu Dhabi, UAE-- Kazakhstan's BSG Technology is looking to expand its operations into the Middle East, and begin operations in...
- BSG Technology intends to launch its operations in the UAE market in 2024 and in this regard it has partnered with a local company
- Baimukhanbetov said the energy sector in the Middle East is large, offering many opportunities to companies for expansion in the field
Business
Adnoc Gas awards contract
Nearly US$615m will be paid to build carbon-capture units.
- Adnoc Gas said the large-scale project reaffirms its steadfast commitment to maximising energy output while minimising emissions
- The project expected to be started in 2026 will inject CO2 for permanent storage in ADNOC Onshore's Bab Far North Field