ADGM Reinforces Its Status as Region’s Leading Financial Hub with Robust Q3 2025 Growth
Abu Dhabi -- Assets Under Management (AUM) within ADGM realised a year-on-year growth of 48% in Q3, 2025 compared to Q3 2024, with 161 asset and fu ...
China’s Moore Threads rockets 400% in IPO: Is this the next DeepSeek to challenge Nvidia?
Beijing -- Moore Threads, the Chinese graphics chipmaker, stunned investors this week with a meteoric debut on the Shanghai Stock Exchange, its sha ...
UAE bids to sweep Africa into its AI industrial revolution
Abu Dhabi -- Critics warn billions in ‘dumb money’ is being invested without clear strategy or due diligence in an attempt to become an ...
Black Sea War Insurance Soars 250% After Ukraine Ship Attacks
Insurance rates for ships calling at ports in the Black Sea are surging after a series of Ukrainian attacks on vessels with links to Moscow.  ...
Mubadala co-leads investment in South Korea's NanoH2O
Abu Dhabi -- UAE's Mubadala Investment Company, alongside Glenwood Private Equity and other co-investors, has invested in South Korean cleantech Na ...
After long courtship, Versace becomes part of Prada
Prada (1913.F), opens new tab said on Tuesday it had completed the acquisition of smaller Italian rival Versace, a brand the luxury group said it h ...
Marvell nears multi-billion dollar deal to acquire Celestial AI: report
U.S. chipmaker Marvell Technology is reportedly close to acquiring chip startup Celestial AI in a multi-billion-dollar deal. The potential ...
Mubadala Energy strikes deal for gas supply to Indonesia
Jakarta -- The UAE’s Mubadala Energy and PLN Energi Primer Indonesia, a subsidiary of state-owned utility company PLN, have signed a “h ...
Yemen’s Gov't-Controlled Ports Receive Over 2 Million Metric Tons of Fuel and Food
Aden — Ports under the authority of Yemen’s internationally recognized government have received more than two million metric tons of fu ...
AD Ports cashes out of NMDC stake in $436m deal
AbuDhabi -- AD Ports Group has sold its 9.77% stake in National Marine Dredging Company (NMDC) to Alpha Dhabi Holding in a $436m transaction, marki ...
ADNOC Gas and EMSTEEL Sign $4bln, 20-year natural gas supply agreement to power UAE’s industrial growth
Abu Dhabi -- Landmark agreement expands ADNOC Gas’ long-term revenue base and secures stable, lower-carbon gas supply for EMSTEEL’s ope ...
Maersk to Resume Shipping Through Red Sea and Bab al-Mandeb After Months of Houthi Threats
Aden — Global shipping giant Maersk has announced plans to resume navigation through the Red Sea and Bab al-Mandeb Strait en route to the Sue ...
Abu Dhabi stock exchange launches new ETF providing easy access to major companies powering global AI growth
AbuDhabi -- The Abu Dhabi Securities Exchange (ADX) has introduced a new exchange-traded fund (ETF) that enables investors to engage with the globa ...
EU new car registrations rise 1.4% in 10M2025
New car registrations in the EU rose 1.4% year on year in the first 10 months of this year, with the monthly figures increasing for the fourth mont ...
Dubai Airshow 2025 secures more than $202bn in aviation deals
Dubai-- Major orders from Emirates and flydubai, record attendance and a strengthened sustainability agenda defined the milestone event. Th ...
Sheikh Mohamed hails Adnoc's role as a catalyst for UAE's growth and diversification
AbuDhabi — President H.H Sheikh Mohamed Bin Zayed Al Nahyan has presided over the annual meeting of the Adnoc Board of Directors at the Habsh ...
Syria receives nearly 1 million barrels of Saudi crude
Syria has received nearly 1 million barrels of crude oil from Saudi Arabia, the Syrian state news agency (SANA) reported on Monday. A Saudi ...
70.8 percent of UAE investors trust AI to manage investments, survey finds
Dubai -- Almost three-quarters (73 percent) of UAE investors said that they would embrace AI as an alternative to human advisors, while 70.8 percen ...
Dubai approves largest three-year budget in History: AED302.7 billion for 2026-2028
Dubai -- Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved the largest three-yea ...
Dubai Watch Week 2025 is on a whole other level
It’s another huge week for great watch releases. This time, courtesy of Dubai Watch Week, which feels bigger than ever on its 10th anniversar ...
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