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ADNOC L&S buys stake in Navig8

The company will acquire the remaining stake in mid-2027.

DAE to acquire Nordic Aviation Capital

The terms of the transaction have not been disclosed.

Emirates’ first A350 takes flight

The airline operated the inaugural flight from Dubai to Edinburgh.

NDMC arranges $2.5bn credit facility

The Shariah-compliant facility spans a tenure of three years.

Kamco Invest launches two funds

Kamco's assets under management surpass SAR 1bn.

UAE achieves milestone in combating financial crimes

“It highlights the collaborative efforts of various committees, entities, and national bodies, including the Central Bank and the National Committee...

Qatar’s North Field expansion fuels optimistic outlook

"Looking ahead, our focus is on the North Field Expansion and sustainability projects. We are collaborating with our contractors to...
  • QatarEnergy's North Field Expansion Project to increase LNG production from 77 to 126 million tons per year.
  • A 27-years partnership agreement has been signed with Sinopec for North Field South (NFS) expansion.

Brazil, UAE forge ahead with stronger bilateral ties

“We would like the UAE to be a partner in our current process of investing in infrastructure. It is a...
  • Brazil's Ambassador to UAE, Sidney Leon Romeiro, praises UAE's commitment to environmental sustainability and renewable energy.
  • Brazil and UAE collaborate in global climate change discussions, aiming to meet Paris Agreement goals, the Brazil envoy highlights.

‘Sustainable aviation fuel roadmap required urgently’

"The global air transport sector has rebounded to pre-COVID-19 pandemic levels of 2019, with some countries already surpassing these levels,"...
  • ICAO Conference in Dubai sets the stage for climate action in aviation.
  • UAE praised for its leadership and sustainable vision in aviation post-COVID.

Social media plays key role in shaping online trading

"The rapid pace and fervor surrounding social media have introduced volatility into financial markets, leading to instances where stocks, particularly...
  • Social media has opened up opportunities for independent and self-motivated online traders.
  • Financial guidance is actively sought on social media platforms, especially by young investors.

Electricity plays key role in making UAE sustainable

“In the UAE, we recognize the energy security and climate challenges and have devised multiple strategies to make the sector...
  • The UAE updates Energy Strategy 2050, focusing on low-emission hydrogen production and net-zero goals.
  • GCCIA's expansion projects aim to enhance energy security and interconnectivity across the Gulf region.

Reforms accelerate positive gender equality in MENA

"We are working towards creating a more balanced environment where women can succeed alongside men in overcoming future challenges. There...
  • Sheikha Hessa Saad Al-Abdullah Al-Sabah, Chairwoman of the Council of Arab Businesswomen, emphasized the need for women's economic empowerment and increased opportunities
  • Sheikha Hessa highlights the importance of collaboration for achieving workplace gender equality and the role of women in achieving the UN's 2030 Sustainable Development Goals.

Saudi Arabia set to be global reference in smart cities

"The use of generative artificial intelligence (AI) extends beyond urban design and development. It involves creating smart cities tailored to...
  • The crucial role of generative AI in developing sustainable, resident-focused smart cities.
  • Saudi Arabia's integration of IoT into urban living, enhancing communication and connectivity.

Saudi Arabia sets ambitious goals for mining sector

"We have begun discussions with 80 countries participating in the mining sector. ... An international platform has been established in...
  • Saudi Arabia focuses on maximizing value from natural resources and developing mining investments.
  • The Kingdom creates platforms for collaboration in mining, targeting the Middle East and Central Asia.

AI safety & innovation: Key focus of UAE-Spain tie-up

“I have been looking very carefully and intensely at the UAE’s strategy on AI, and it resonates a lot with...
  • UAE's artificial intelligence strategy is driving economic growth and establishing it as a global talent hub.
  • Collaboration between Spain and ADIA Lab in Abu Dhabi focuses on knowledge and talent exchange.

Qatar leads by example in money laundering control

"Nations must take action to establish measures for detecting the physical cross-border movement of currency and negotiable instruments to combat...
  • MENAFATF Executive Secretary Suliman bin Rashid Al Jabrin lauds Qatar's adherence to global anti-money laundering standards.
  • Highlighting the FATF's goals to block terrorists' cross-border funding, Al Jabrin urges strong measures against currency smuggling.

Gulf aviation industry sets sky-high standards

"The demand from certain sectors indicates a strong interest in First Class, prompting us to introduce a newly-designed First Class...

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‘Innovation is crucial for UAE’s energy efficiency’

"Through effective and constructive collaboration with various local and international partners, we have succeeded in establishing an integrated energy transition...

‘Bond market acts as a mirror to economic realities’

"(US Federal Reserve Chair Jerome) Powell's focus on verifying inflation's trajectory is in line with the central bank's dual mandate...

Investors eye UAE’s booming sustainable finance sector

"Numerous opportunities exist in sustainable investments, especially in sectors like building systems, renewable energy, water, food and agriculture, shipping, among...

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UNRWA plays key role in regional security, stability

The UAE's top diplomat reiterated the UAE's steadfast support for UNRWA, emphasizing that in light of current challenges, sustaining its...
  • UAE commits to continuous support for UNRWA, highlighting the agency's role in humanitarian relief.
  • The country stresses the need for a lasting ceasefire to protect civilians and support Palestinian people.

Global alliances key to educational advancement

"We are dedicated to supporting scientific research and innovation through strategic partnerships and pioneering initiatives, focusing on future-oriented sciences for...
  • UAE Education Minister Dr. Ahmad Belhoul Al Falasi advocates for public-private partnerships in education, emphasizing the importance of sharing expertise to boost quality.
  • During his UK visit, he underscores UAE's dedication to education, focusing on elevating the EdTech sector, curriculum development, and supporting Emirati students abroad.

Dubai is a key player in global business landscape

"The emirate is continuing to consolidate its position as an ideal platform that brings together creative ideas and innovative entrepreneurs...
  • Dubai Chambers and Enterprise Ireland sign a strategic MoU to link Dubai and Irish firms, emphasizing collaboration in technology, manufacturing, and clean energy.
  • The MoU will boost mutual trade and investment, fostering digital economy growth, and offer small businesses opportunities and cross-cultural training through alliance.