UAE breaks ground on Dh22bn solar and battery storage project
The United Arab Emirates (UAE) has initiated construction of a Dh22bn ($5.99bn) renewable energy project, featuring a 5.2GW solar photovoltaic (PV) ...
ADIB logs over $1bln profits in 9M-25; operating income rises 14%
Abu Dhabi: Abu Dhabi Islamic Bank (ADIB) posted 15% year-on-year (YoY) higher net profits at AED 5.31 billion in the first nine months (9M) of 2025 ...
EU adopts new sanctions against Russia
  The European Commission welcomes the adoption by EU Member States of the 19th package of sanctions against Russia. The new package o ...
Gold price falls by most in over a decade as rally cools
Gold prices fell by the most in over a decade on Tuesday as investors booked profits following an extended rally that saw the metal rise for nine s ...
UAE solidifies its global leadership in cloud investments, driven by AI adoption and digital transformation.
ABU DHABI — The United Arab Emirates is rapidly cementing its position as a global powerhouse in cloud infrastructure and data center investm ...
Gold Price Forecast: XAU/USD appreciates beyond $4,200 amid higher Fed cut bets
Gold is trading higher for the fifth consecutive day on Wednesday, attempting to confirm the breach of the $4,200. The precious metal is trading at ...
OPEC Sticks to Oil Demand Forecast But Flags Fiscal Concerns, Lingering Trade Uncertainty
OPEC and its partners, together known as OPEC+, have hit fast-forward on unwinding earlier output cuts, bumping up production by 630,000 barrels pe ...
Investor confidence surges in ADNOC Drilling following landmark ADNOC Investor Majlis
The remarkable success of the recent ADNOC Investor Majlis is echoing across regional and global capital markets, powerfully demonstrating the impa ...
ADNOC listed companies target record AED 158bln ($43bln) in dividends from 2025 to 2030
ADNOC has announced a target to distribute AED158 billion ($43 billion) in dividends across its six publicly listed companies through to 2030, subj ...
Tahnoon commends ADQ’s efforts to reinforce economic resilience
Sheikh Tahnoon Bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and Member of the Supreme Council for Financial and Economic Affairs (SCFEA), chaired ...
Spot gold price surpasses $4,000 per ounce for first time ever
The spot price of gold surpassed the $4,000 per ounce threshold for the first time in history, driven by investors seeking safe-haven assets amid o ...
UAE Space Investments Surpass $12 Billion, Minister Confirms
Dubai — The United Arab Emirates has invested more than $12 billion in its rapidly expanding space sector, according to a statement by the Mi ...
Airbus A320 surpasses Boeing 737 as most-delivered jetliner
Europe’s Airbus AIR.PA broke a major commercial barrier on Tuesday when its A320 family of planes overtook the Boeing BA.N 737 to become the ...
Gold climbs above key $3,900 level for first time on safe-haven demand
Gold prices touched an all-time high on Monday, soaring above $3,900-per-ounce level, as investors flocked to safe-haven bullion amid the U.S. gove ...
UAE non-oil business activity expands to seven-month high in September
The UAE's non-oil private-sector economy continued to improve in September, as new business intake and stronger sales led activity to reach its hig ...
Global Rail 2025 exhibition and conference kicks off in Abu Dhabi
ABU DHABI - The Global Rail 2025 exhibition and conference began today at ADNEC Centre Abu Dhabi and will run until 2nd October, with broad regiona ...
Jaguar Land Rover to partially resume carmaking after cyberattack
Jaguar Land Rover on Monday said it will partially restart manufacturing of its vehicles “in the coming days” after a damaging cyberatt ...
UAE bourses rebound as energy and financial shares climb
Stock markets in the United Arab Emirates rebounded on Friday, with Dubai leading the recovery, driven by an increase in consumer staple and financ ...
Trump approves TikTok deal through executive order, Vance says business valued at $14 billion
President Donald Trump on Thursday signed an executive order approving a proposal that would keep TikTok alive in the U.S. in a transaction that Vi ...
UAE, US explore means to advance trade, investment ties
Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade of the United Arab Emirates (UAE), participated in a UAE-US Business Council roundtable m ...
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