Adio and Archer Aviation speed up plans to bring electric air taxis to Abu Dhabi
The Abu Dhabi Investment Office (Adio) and Archer Aviation have activated an investment framework to accelerate the US company’s planned comm ...
OPEC shifts oil outlook to see small surplus in 2026
The world oil market will see a small surplus in 2026 after OPEC+ production increases and higher supply from other producers, an OPEC report showe ...
Aldar acquires Kezad assets for $155m to boost industrial property portfolio
Aldar Properties, Abu Dhabi's biggest listed developer, has acquired two logistics assets from a unit of AD Ports Group for Dh570 million ($155.2 m ...
Dubai Electricity and Water Authority posts record revenue of $6.8 billion in first nine months, net profit surges to $1.8 billion
Dubai Electricity and Water Authority (DEWA), the sole provider of electricity and water services in the Emirate of Dubai, listed on the Dubai Fina ...
Khaled bin Mohamed chairs meeting of Executive Committee of ADNOC
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has chaired ...
IEA Says Global Oil and Gas Demand May Keep Rising Until 2050
Global oil and gas demand could continue to grow until 2050, the International Energy Agency (IEA) said on Wednesday, marking a sharp shift from it ...
UAE ranks among global leaders in digital-asset regulation
ABU DHABI, 11th November, 2025 (WAM) -- The United Arab Emirates has emerged as one of the world’s most advanced digital-asset markets, accor ...
Masdar signs deal for Uzbekistan battery project
Masdar has signed a landmark agreement to develop Uzbekistan’s largest standalone battery energy storage system. The 300MW/600MWh Zar ...
Sony Profit Rises 7% on 'Demon Slayer' Success, Beats Expectations
Tokyo -- Japanese electronics and entertainment giant Sony reported a 7 percent rise in profit for July–September compared with a year earlie ...
Tesla’s China sales slump 36% to three-year low amid fierce competition
Tesla’s China sales tumbled to 26,006 vehicles in October, their lowest level in three years, highlighting weakening demand in the world&rsqu ...
China suspends 'special port fees' on US vessels
China said on Monday it would suspend for one year “special port fees” on US vessels “simultaneously” with Washington&rsquo ...
Dubai’s economy expands 4.4% in H1 as growth broadens across sectors
Dubai -- Dubai’s economy grew 4.4 percent in the first half of 2025 to 241 billion dirhams ($65.6 billion), driven by growth in healthcare, c ...
Adipec 2025 closes with record $46 billion in deals
More than 35,000 agreements signed in Abu Dhabi further global energy transition and assure future security, with event generating $400 million for ...
UAE Tops Global Entrepreneurship Rankings for Fourth Year Running
ABU DHABI — The United Arab Emirates has once again secured the top global position in entrepreneurship, maintaining its lead for the fourth ...
UAE Confirms Over AED 543 Billion in AI Investments as Nation Accelerates Digital Transformation
ABU DHABI — The United Arab Emirates is entering a new phase of accelerated investment and innovation in artificial intelligence, according t ...
ADNOC L&S to join MSCI Emerging Markets Index
ABU DHABI - ADNOC Logistics & Services plc (ADNOC L&S) today announced its inclusion in the MSCI Emerging Markets Index, a leading benchmar ...
Microsoft Announces Record $15.2B AI Investment in UAE
US tech giant, Microsoft, is set to invest $15.2 billion in the United Arab Emirates by 2029, a deal described as Microsoft’s largest MENA in ...
ADNOC's XRG to acquire stake in Azerbaijan's Southern Gas Corridor
XRG, the international energy investment platform launched by ADNOC in November 2024, has signed non-binding Heads of Terms to acquire a stake in S ...
ADNOC to expand robotics and AI across operations
ADNOC aims to improve operational efficiency, reduce equipment downtime and support maintenance using AI-powered analytics. Abu Dhabi Natio ...
ADIPEC 2025 to unite global energy and finance leaders to mobilise capital for global energy transformation
As global priorities shift and new trade and regulatory dynamics reshape the energy landscape, ADIPEC 2025 will place finance and investment at the ...
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