- DMCC Tradeflow is an online platform for registering the ownership of commodities stored in UAE facilities.
DMCC Tradeflow is an online platform for registering the ownership of commodities stored in UAE facilities
The partnership with Comtech Gold adds to Tradeflow’s list of Shariah compliant products, given that the tokens are backed by physical assets
- Abu Dhabi, UAE— The UAE's Ministry of Energy and Infrastructure has announced the approval of the federal law regulating the...
The new law aims to enable the production of electricity from renewable sources and achieve the UAE's objectives in terms of diversifying renewable energy sources
The UAE has made large investments over the last several years to develop renewable sources of energy
- The "categorical denial" has come after the Wall Street Journal reported on Monday that Saudi Arabia, which co-leads the OPEC+...
The Wall Street Journal reported on Monday that Saudi Arabia and other members were considering an "increase of up to 500,000 barrels a day".
Saudi officials have vigorously defended the recent production cut in the face of criticism from Washington, saying it was driven purely by market conditions
- Family-owned businesses in the Middle East contribute 60 percent of the GDP and employ more than 80 percent of the...
Family-owned businesses in the Middle East contribute 60 percent of the GDP and employ more than 80 percent of the workforce, says a PwC Middle East Family Business survey.
Dubai ranks first in the MENA region and tenth globally in Global Venture Capital FDI Projects, according to the Global Venture Capital FDI Ranking 2022
- Lufthansa had 108,000 employees at the end of September.
Lufthansa made huge losses when Covid brought global air travel to a halt but a rebound in demand has helped it return to profit this year.
In the third quarter, the airline group -- which also includes Eurowings, Austrian, Swiss and Brussels Airlines -- reported a healthy profit.
- High inflation and the West's sanctions on Russia for its Ukraine invasion besides the supply chain disruptions caused by China's...
The increase in benchmark rates by global and regional central banks to combat runaway inflation also affected project funding.
The UAE overtook Saudi Arabia as the largest projects market in the GCC during Q3-2022.
- The 3 Pearl rated properties in Masdar City are worth $254m.
The acquisition follows a $200 million green loan secured from First Abu Dhabi Bank (FAB) in January to help finance the REIT’s growth.
Masdar Green REIT was established by Masdar as an investment vehicle for professional investors to invest in a sustainable, income-generating real estate portfolio in Masdar City.
- The deal "marks the longest gas supply agreement in the history of the LNG industry", said Saad Sherida Al-Kaabi, Qatar's...
QatarEnergy will send 4 million tons of liquefied natural gas annually from its new North Field East project to China Petroleum and Chemical Corporation.
The Chinese company's chairman revealed that it had also requested a full share of the North Field South project that is dominated by Western energy giants.
- The company bought four rigs between May and Aug. this year.
The three brand new high-specification offshore jack-up drilling units (rigs) will be purchased for AED1.17 billion ($320 million).
Since listing on the Abu Dhabi Securities Exchange in October 2021, ADNOC Drilling has expanded its fleet from 95 to 108 owned rigs, as of 30th September.





















