The 3 Pearl rated properties in Masdar City are worth $254m.

Abu Dhabi, UAE— The Sheikh Zayed Festival will provide a number of screens for the regular airing of the FIFA World Cup Qatar 2022 football matches. According to the Higher Committee organizing the festival, the screens will be set up throughout different areas from the 20th November to 18th December...

ABU DHABI, UAE - The Abu Dhabi Department of Economic Development (ADDED) has launched the 'Abu Dhabi Smart Manufacturing Index', that guides and facilitates private sector players’ transition to Industry 4.0 technologies. This is a part of its initiatives and objectives set forth by the Abu Dhabi Industrial Strategy which...

ABU DHABI, UAE - The Indonesian Government, G42, a UAE-based AI and cloud computing company, a global nonprofit OceanX and G-Tech Digital Asia (G-Tech) have announced the signing of a Letter of Intent to establish a collaboration to develop ocean research to help protect the marine environment. The Letter of...

ABU DHABI, UAE - Abu Dhabi Fund for Development (ADFD) participated in the first plenary session of the Council of Foreign Investors in Uzbekistan. The session was held under the chairmanship of President of Uzbekistan Shavkat Mirziyoyev. The discussions focused on fostering economic development in Uzbekistan by facilitating investment in...

ABU DHABI, UAE - UAE Minister of Economy Abdullah bin Touq Al Marri visited the Havana International Fair 2022 in the Republic of Cuba, at the invitation of the Cuban government. The visit was aimed at exploring opportunities for cooperation and establishing new economic partnerships between the UAE and Caribbean...

ABU DHABI, UAE - Abu Dhabi Public Health Center (ADPHC) has signed an agreement with the Africa Centers for Disease Control and Prevention (Africa CDC) to advance research and knowledge exchange and facilitate collaboration across key public health areas. The agreement was signed by Director-General of the ADPHC Matar Saeed...

ACX is setting up a carbon trading exchange in Abu Dhabi. 

It is expecting 1.5m travelers at Abu Dhabi International Airport.

Egypt enjoys abundant solar and wind resources that can allow for the generation of renewable power at a competitive cost.

The Middle East, Africa and Asia Crypto and Blockchain Association aims to bring industry players together to discuss strategies and address the challenges faced by the sector.

Abu Dhabi, UAE---Liquidity Group, a FinTech company, became the first Israeli firm to join the $545 million Abu Dhabi Investment Office (ADIO) Innovation Programme. The partnership will support Liquidity Group’s establishment of an R&D centre in Abu Dhabi to develop its proprietary technology-enabled underwriting algorithm and other financial solutions. Liquidity...

Firm's adjusted net profit grew to $16.5 million in Jan-Sep 2022.

Pact will help SMEs in UAE gain access to key banking services.

The UAE is a key player in the 13-nation OPEC oil cartel which, with its 10 allies headed by Russia, angered Washington by cutting production by two million barrels a day from November, adding renewed upward pressure on crude prices.

Abu Dhabi, UAE--- Abu Dhabi's real estate market recorded a total of 4,441 transactions amounting to over AED 21.04 billion ($5.72 billion) in the third quarter, according to the latest report published by the Department of Municipalities and Transport (DMT). The DMT's quarterly showed that the emirate recorded 1,995 real...

Abu Dhabi, UAE --UAE's Federal Tax Authority said Sunday it will launch EmaraTax platform on Dec.5, 2022. The migration to EmaraTax will commence from the end of day on Wednesday, 30 Nov. and EmaraTax will be available for use from 5 Dec. To minimize disruption to taxpayers the FTA has...

The firm reported a 125 percent increase in its revenues.

ABU DHABI, UAE -UAE's Ministry of Industry and Advanced Technology (MoIAT) has signed a Memorandum of Understanding (MoU) with Burjeel Holdings to provide high-quality healthcare services to the ministry’s employees and their families. The agreement was signed by Dr. Shamsheer Vayalil, Founder and Chairman of Burjeel Holdings, and Omar Suwaina...

The company paid a dividend of AED1.285 bn in Oct.

Taleem set the price range at AED2.95 ($0.80) and AED3 per share, implying a market capitalization at time of listing of between AED2.962 billion and AED3 billion. It plans to sell up to 254.2 million shares, or about a 25.32 percent stake.

The company's revenue grew 17.8 percent year on year.

The law which will come into effect from January 2023 aims to increase UAE’s attractiveness as investment destination.

Launched in 2005 by the WIEF Foundation, the WIEF is a global platform created to promote and discuss the latest economic developments.

"While living in Dubai, and through my performances in the UAE, I found that the culture of tolerance here is a force of immeasurable good, especially since music and arts help better humanity and pave the way for a more peaceful future,” he highlights, referring to his experience during Expo...

Net investment and other income reached AED93.8m.

The company posted an EBITDA of $189 million.

Key speakers from global investment and financial companies include Nouriel Roubini, Chief Economist at Atlas Capital Team L.P and, Hazem Ben-Gacem, Co-CEO of Investcorp.

Hub71 and Yahsat are both supported by Mubadala investment company.

The two ministers also discussed prospects of bilateral cooperation and partnership between the UAE and Türkiye.

Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri said the UAE’s participation in the 27th session of COP27 in Egypt will be an affirmation of the country's pioneering model regionally and globally in facing the challenge of climate change.

Some of Germany’s leading industrial companies participated in a roundtable event hosted by the UAE Ministry of Industry and Advanced Technology at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2022.

UAE and Indonesia have signed a Declaration of Intent to boost economic and social development between the two countries and exchange knowledge and data in the energy sector.

The UAE-US Partnership for Accelerating Clean Energy (PACE), aims to produce 100 new gigawatts (GW) of clean energy in the two countries.

Experts attribute the main reasons for the increase in the real estate demand to the UAE government's numerous initiatives and the high income level of investors.

Abu Dhabi, represented by Abu Dhabi's Department of Municipalities and Transport, and Bishkek City have signed a twinning agreement to strengthen cooperation between the two cities and further enhance relations between the UAE and the Kyrgyz Republic.

UAE Minister of State for Financial Affairs Mohamed Hadi Al Hussaini met with Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF) Dr. Jihad Azour.

Pact aims to expand railway solutions, technology in region.

The Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), has signed a US$10 million (AED36.7 million) line-of-credit agreement with the National Bank of Iraq (NBI), part of the Capital Bank Group.

The global primary energy demand is forecast to continue growing in the medium and long-term, increasing by a significant 23% in the next 23 years

The global financial institution said higher oil receipts supplemented with a gradual non-oil recovery in the Emirates will bolster fiscal revenue.

Saudi Arabia and the United Arab Emirates said the world needs to keep investing in oil production, just days before the COP27 climate summit aimed at curbing global warming. Sultan Al Jaber, the head of UAE oil giant ADNOC, warned that under-investment could cause a shock to the world economy.

ABU DHABI, UAE - President Sheikh Mohamed bin Zayed Al Nahyan Monday received President of the Kyrgyz Republic Sadyr Japarov, who is on a working visit to the UAE. During their meeting, which took place at Al Shati Palace, President Sheikh Mohamed welcomed the President of Kyrgyzstan and hoped the...

The FTA will begin accepting applications for refunding input tax incurred on building mosques from Nov 1.

Energy security, enhancing partnerships were discussed.

Masdar will also participate with partners in the upcoming Round 4 tender announced by the Saudi Power Procurement Co.

The Group's Q3 2022 figures showed revenue of $29 million and gross margin of $38 million.

UAE President Sheikh Mohamed bin Zayed Al Nahyan and Federal Chancellor of the Republic of Austria Karl Nehammer met in Abu Dhabi Thursday to explore opportunities to further enhance bilateral ties in light of the Comprehensive Strategic Partnership that exists between the two countries.

The firm's total VLCC fleet value is now $245 million.

ABU DHABI, UAE - In the UAE the revenues at the federal level increased by 26 percent from US$100 billion (AED367.9 billion) in 2020 to $126.3 billion (AED463.9 billion) in 2021, says the Ministry of Finance (MoF) data released Tuesday. The MoF released the preliminary government finance statistics data for...