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Maaden raises $1.25bn in sukuk offering

The Sukuk were offered in a five-year and a 10-year tranche.

DAE net profit up 36.2%

Revenues grew by 9 percent to $1.42bn from $1.31bn in 2023.

Borouge 2024 net profit $1.24bn

The company said it will maintain a $1.3bn dividend for 2025.

ADQ, Orion to establish JV

The partners commit to deploying $1.2bn in the next four years.

Alpha Dhabi acquires interest in NCTH

The deal increases NCTH's portfolio to 8 hotels with 1,500 keys.

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.