business - INTERNATIONAL AGENCY FOR JOURNALISM AND STRATEGIC STUDIES

Abu Dhabi, Dubai Tap Banks for Multibillion-Dollar EGA Listing

Dubai&ndash; Abu Dhabi and Dubai have initiated preparations for a multibillion-dollar initial public offering (IPO) of Emirates Global Aluminium ( ...

German central bank forecasts minor economic growth in third quarter

The German economy might have fared better over the past months than originally anticipated, according to a monthly report by the country's central ...

German exports to US tumble as Berlin urges quick trade deal

German exports to the United States plummeted in May, official data showed Tuesday, as Berlin pressed the European Union to strike a quick tariff d ...

Trump says Chinese President Xi 'approved' TikTok deal

US President Donald Trump said Friday that his Chinese counterpart, Xi Jinping, "approved" a TikTok deal. "I had a great call with Presiden ...

Azerbaijan, UAE to build two container ships for Caspian trade

AD Ports Group has signed a contract with Baku Shipyard in Azerbaijan to build two 780-TEU shallow-draft container vessels for trade across the Cas ...

HKEX Signs MoU with Abu Dhabi Securities Exchange to Boost Cross-Border Investment

The Hong Kong Exchanges and Clearing Limited (HKEX) has signed a landmark Memorandum of Understanding (MoU) with the Abu Dhabi Securities Exchange ...

Abu Dhabi Customs achieves significant growth in digital transactions

The General Administration of Abu Dhabi Customs recorded a 10.08 per cent growth in total customs transactions via digital platforms from the begin ...

Dubai Investments to list 25% of real estate unit

Dubai Investments plans to list up to 25 percent of its real estate unit Dubai Investment Park (DIP) on the Dubai Financial Market (DFM). T ...

ADQ, Azerbaijan Investment Holding ink MoU to explore collaboration

ADQ, the UAE-based sovereign investor focused on critical infrastructure and global supply chains, and Azerbaijan Investment Holding (AIH) have sig ...

World must spend $540b a year looking for oil, gas, IEA says

The world needs to spend some $540 billion a year looking for oil and gas to maintain current output by 2050, according to the International Energy ...

ADNOC Distribution accelerates AI adoption across operations

DNOC Distribution continues to strengthen its position as one of the UAE&rsquo;s leading innovators by expanding the use of artificial intelligence ...

DCT Abu Dhabi and Amazon join forces to launch world's largest digital Arabic library

The Department of Culture and Tourism &ndash; Abu Dhabi (DCT Abu Dhabi) and Amazon have partnered to launch the world&rsquo;s most comprehensive di ...

Mubadala Sells Down Stake in UAE Carrier Du for $858 Million

Abu Dhabi wealth fund Mubadala Investment Co. raised about $858 million from the sale of a stake in Emirates Integrated Telecommunications Co. PJSC ...

OPEC chief: Oil to remain vital despite ‘peak oil’ predictions

Oil will remain a cornerstone of the global energy system in the decades ahead, with the Organization of the Petroleum Exporting Countries (OPEC) p ...

UK economy stagnated in July, GDP data shows

Britain&rsquo;s economy recorded zero monthly growth in July, in line with economists expectations, after a strong 0.4% bounce in June, official fi ...

Nvidia and OpenAI to back major investment in UK AI infrastructure

Nvidia and OpenAI are in discussions about backing a major investment in Britain focused on boosting artificial intelligence infrastructure in the ...

ADNOC transfers stakes in listed units to international arm XRG

Abu Dhabi National Oil Company (ADNOC) said on Thursday it has transferred its shareholdings in several of its listed subsidiaries to XRG, its inte ...