Supreme Council for Financial and Economic Affairs awards 3 oil and gas production concessions to ADNOC and partners
The Supreme Council for Financial and Economic Affairs (SCFEA) has awarded three separate production concession agreements to ADNOC and ...
Boeing Stock Drops as 787-8 Plane Crashes in India
Boeing (BA) shares are slumping in early trading after a 787-8 aircraft was involved in an Air India plane crash early Thursday. The Air In ...
Bloomberg: ADNOC weighing potential purchase of some bp assets
Abu Dhabi National Oil Company is evaluating whether to buy some of bp’s key assets if the British firm decides to break itself up, or if it ...
ADNOC L&S lands $530m deal with petchem giant Borouge
ADNOC Logistics & Services (ADNOC L&S) has secured a 15-year contract with its compatriot polyolefins major, Borouge, to manage logistics f ...
US-China trade deal is 'done,' Trump says
A U.S.-China trade deal is "done," U.S. President Donald Trump said on Wednesday, hours after negotiators from Washington and Beijing agreed on a f ...
UAE, China strengthen economic cooperation at AIM Congress 2025
In line with ongoing efforts to explore promising opportunities in the new economy, trade, and investment sectors, the United Arab Emirates and the ...
Emirates NBD, Siemens to boost financing for large-scale green infrastructure projects
DUBAI - Emirates NBD has partnered with Siemens to announce an innovative finance and resourcing agreement aimed at accelerating the funding of fut ...
Qualcomm to acquire chip designer Alphawave Semi for $2.4B
Qualcomm announced it has reached an agreement to acquire British chip design firm Alphawave Semi in a deal that’s reportedly valued at $2.4 ...
Trump, White House aides signal a possible détente with Musk
Signs of a truce are emerging in the increasingly bitter clash between two of the world’s most powerful men. President Donald Trump p ...
Abu Dhabi Fund for Development delivers $59bn in global support, supports 107 countries
The Abu Dhabi Fund for Development (ADFD) has reached a major milestone, delivering $59 billion in funding to support 107 countries worldwide, acco ...
UAE’s EGA signs agreement to develop bauxite resources in Ghana
Emirates Global Aluminium (EGA) announced on Wednesday the signing of an agreement with Ghana Integrated Aluminium Development Corporation (GIADEC) ...
UK’s car output drops in April, sees worst start to year since 2009
Britain’s vehicle output dropped sharply in April, marking the worst start to the year since 2009, due to weak export demand and the timing o ...
‘Make it in the Emirates’ ends with over Dhs11b new projects
The fourth edition of Make it in the Emirates, the UAE’s premier industrial platform, concluded on Thursday at the Abu Dhabi National Exhibit ...
UAE launches Arabic language AI model as Gulf race gathers pace
The United Arab Emirates launched a new Arabic language artificial intelligence (AI) model on Wednesday as the regional race to develop AI technolo ...
MoIAT secures AED 40 billion in bank partnerships to boost UAE industry
The UAE Ministry of Industry and Advanced Technology has secured over AED 40 billion in financing to boost th ...
Abu Dhabi Investment Office launches programme to establish an end-to-end automotive ecosystem
The Abu Dhabi Investment Office (ADIO) has announced the launch of a major economic programme targeting the establishment of an end-to-end automoti ...
Abu Dhabi Industrial Strategy drives 23% sector growth, industrial enterprises up 19.4%
Abu Dhabi’s manufacturing sector increased its contribution to 53% of UAE’s industrial GDP, which rose 6.6% to $57.22bln in 2024. ...
Abu Dhabi Investment Office partners with Qualcomm Technologies to establish Engineering Center in the emirate
Qualcomm Technologies, Inc. has unveiled plans to establish a state-of-the-art global Engineering Center in Abu Dhabi that will focus on the develo ...
UAE airline Etihad places major aircraft order with Boeing
Etihad Airways has confirmed an order for 28 wide-body Boeing aircraft - marking another major order for the US aircraft maker during President Tru ...
Syria and (DP World) sign a $800 Million MoU to Develop Tartous Port
The General Authority for Land and Sea Ports signed a memorandum of understanding (MOU) with Dubai Ports World (DP World) worth $800 million, a str ...
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