Search Site

Trends banner

Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.
  • Turkey looks to revive frozen ties with Israel

    Turkey's Erdogan said he was resurrecting talks with Israel on an old idea to bring Mediterranean gas to European clients...

    Turkish President Recep Tayyip Erdogan has signaled that his country is ready to mend its ties with Israel

    Turkey and Israel's relations froze after the death of 10 civilians in an Israeli raid on a Turkish flotilla in 2010

  • UAE demands UNSC meeting after Houthi attacks

    Several countries — ranging from regional ones like Qatar, Bahrain, Kuwait, Iraq, and Egypt, to Russia and the US —...

    The UAE has called on the UNSC to unequivocally condemn the Houthi attacks with one voice

    UN Secretary-General Antonio Guterres has already condemned the attack, besides calling for restraint

  • Winners of 2022 Zayed Sustainability Prize honored for community services

    The 2022 Zayed Sustainability Prize has been awarded to 10 winners who have contributed towards achieving sustainable development in their...

    The award ceremony coincided with the start of the 2022 Abu Dhabi Sustainability Week (ADSW).

    Through its 86 former winners, the Prize has transformed the lives of more than 370 million people, across 150 countries, since 2008.

  • OPEC expects robust oil demand in 2022 to overcome Omicron threat

    Global demand for oil is expected to remain "robust" in 2022 and overcome short-term disruption caused by the Omicron coronavirus...

    The Saudi-led group of top oil producers warned future virus strains and pandemic-related travel restrictions could threaten the global economic recovery.

    European crude benchmark Brent North Sea reached $88.13 per barrel, while US contract WTI hit $85.74 -- the highest levels since October 2014.

  • 11 die in air-strikes on Yemen, a day after Abu Dhabi attack

    Eleven people were killed in air strikes on Yemen's rebel-held capital, a witness and medical sources told AFP on Tuesday,...

    Residents were combing the rubble for survivors after the strikes leveled two houses in Sanaa

    The UAE, part of the Saudi-led coalition fighting the Iran-backed rebels, had vowed a tough response to Monday's attack

  • Putin to host Iran’s President Ebrahim Raisi in Moscow on Wednesday

    Russian President Vladimir Putin will host his Iranian counterpart Ebrahim Raisi in Moscow on Wednesday, the Kremlin said, amid talks aimed at...

    The meeting will be Raisi's most important official visit abroad since he took office, and the first visit by an Iranian president to Russia since 2017. 

    Moscow and Tehran have strong political, economic and military ties, and are key allies of Syrian President Bashar al-Assad in his country's decade-long civil war.

  • Russia condemns Houthi drone attack on UAE

    The Russian Federation Parliament (State Duma) has strongly condemned the Houthi militia attack targeting civil facilities in the UAE yesterday.

    Leonid Slutsky, Chairman of the State Duma Committee on International Affairs, said, in a statement on the RT TV network, that the Russian parliament strongly condemns the attack

    He added that the attack is especially heinous due to the fact that Abu Dhabi has been implementing a policy to promote peace and stability in the region

  • Abu Dhabi’s Blue Carbon Project to check emissions, climate change: EAD

    Abu Dhabi's Blue Carbon Project is a promising initiative to prevent increased carbon emissions caused by the destruction of ecosystems,...

    Blue Carbon refers to the ability of coastal vegetation to store carbon and if this vegetation is destroyed, buried carbon could be released into atmosphere.

    Blue carbon ecosystems, which include mangrove forests, salt marshes, and seagrass beds, store and sequester carbon in biomass and sediments

  • Bahrain private sector keen to strengthen trade ties with Saudi: BCCI chairman

    BCCI chief reviewed ways to further increase the volume of bilateral trade

    Chairman Sameer bin Abdulla Nass appreciated the 'depth and solidity' of the Bahraini-Saudi economic and investment relations.

    Nass praised the role played by Saudi Arabia to enhance the progress and prosperity of the people of GCC.

  • US vows to hold Houthi rebels accountable for UAE attack

    The United Arab Emirates of which Abu Dhabi is the capital is part of a Riyadh-led military coalition that supports...

    The US expressed condolences to the victim families and reiterated their unwavering commitment to the UAE's security

    The Houthis have claimed responsibility for Monday’s attack which was the first deadly assault acknowledged by the UAE

In Brief

Most Read