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SIB’s 2024 profit $272m

The profit surpassed AED 1 billion for the first time in bank's history.

AD Ports to invest in Kazakh port

Under the deal, AD Ports Group owns 51% stake.

PIF acquires stake in Saudi Re

The acquisition was made by way of a capital increase.

ADNOC Gas awards contracts

The $2.1bn contracts are aimed at enhancing LNG supply infrastructure.

ADNOC L&S buys stake in Navig8

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

WEF-supported TTI to fuel UAE growth spurt

  • The UAE signed an MoU with the World Economic Forum during the annual meeting at Davos to support its Trade Tech Initiative.
  • It is aimed at accelerating the digitization of international supply chains, enhance customs procedures and spur trade growth.

Dubai, UAE–The UAE signed a memorandum of understanding with the World Economic Forum during its annual meeting in Davos, Switzerland, to support the UAE’s new Trade Tech Initiative, which is aimed at accelerating the digitization of international supply chains, enhance customs procedures and spur trade growth. TRENDS takes a look at this initiative: