UAE GDP hits Dh455bn in first quarter as non-oil economy breaks another record
The UAE’s economy maintained strong momentum in the first quarter of 2025, with real gross domestic product rising 3.9 per cent year-on-year ...
Treasury secretary says U.S. and European Union must partner to 'collapse' Russian economy
Secretary Scott Bessent said if the Supreme Court rules against the administration on tariffs, refunding the funds would be “terrible” ...
World food prices at more than two-year high, FAO says
World food prices hovered around their highest level in more than two years in August, as costlier meat, sugar and vegetable oil offset cheaper cer ...
Emirates Global Aluminium posts AED15.08 billion revenue in H1
Emirates Global Aluminium (EGA) on Thursday reported revenues of Dh15.08 billion ($4.11 billion) for the first half of 2025. EGA delivered ...
ADX, AIX announce establishment of direct link between their CSDs
The Abu Dhabi Securities Exchange (ADX) and the Astana International Exchange (AIX) announced the implementation of a direct link between their res ...
ADNOC L&S Welcomes New Shareholders Following Successful $317 Million Share Placement
ADNOC Logistics and Services plc (ADNOC L&S), a global energy maritime logistics firm, has completed a $317 million institutional placement. Th ...
ADNOC and RIQ announce $500m AI-powered reinsurance collaboration
ADNOC, an AI-native reinsurance platform and subsidiary of International Holding Company (IHC), has partnered with RIQ, a diversified energy and pe ...
US revokes TSMC's exemption for chip equipment shipments to China: Report
The US on Tuesday revoked the Taiwan Semiconductor Manufacturing Corporation's (TSMC) authorization to ship chip equipment to China without a licen ...
Syria exports first crude oil shipment in 14 years, official says
Syria exported 600,000 barrels of heavy crude oil on Monday from the port of Tartus as part of a deal with a trading firm, a Syrian energy official ...
France isn’t heading to the IMF, ECB’s Lagarde says
The likely collapse of France’s government won’t force it to seek support from the International Monetary Fund, but the country absolut ...
Borouge shareholders approve $660mln H1 2025 dividend
Borouge Plc today confirmed shareholder approval at its 29th August General Assembly Meeting for an interim dividend of $660 million, equivalent to ...
Landmark Brevan Howard Deal Boosts Abu Dhabi’s Hedge Fund Appeal
Abu Dhabi-based investment powerhouse Lunate has announced a landmark $2 billion strategic partnership with global hedge fund giant Brevan Howard. ...
Indian Oil Set to Become ADNOC’s Largest LNG Customer
Abu Dhabi National Oil Company (ADNOC) has signed a 15-year Sales and Purchase Agreement with Indian Oil Corporation to supply one million tonnes p ...
Gold hits record high as global rates rise
Gold prices surged sharply in international and domestic markets on Saturday, pushing local rates to record highs. According to reports, th ...
Tahnoon bin Zayed named in TIME100 AI 2025 list
H.H. Sheikh Tahnoon bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi, UAE National Security Adviser, and Chairman of G42, has been named among the wo ...
ADNOC launches major share offering of 222 million shares to boost ADNOC L&S liquidity
Abu Dhabi National Oil Company (ADNOC) PJSC (ADNOC), the current majority shareholder owning 81 percent of the ordinary shares in ADNOC L&S (AD ...
Borouge joins forces with Yokogawa on autonomous AI control room
Abu Dhabi-based petrochemicals company Borouge has announced that it has collaborated with Yokogawa, a leading provider of advanced automation tech ...
ADNOC Signs 15-Year LNG Sales and Purchase Agreement with IndianOil for Ruwais LNG Project
ADNOC announced it has signed a 15-year Sales and Purchase Agreement (SPA) with Indian Oil Corporation Ltd (IndianOil), India’s largest integ ...
Abu Dhabi Exports Office highlights strategic role in Angola
Abu Dhabi Exports Office (ADEX), the financing export arm of Abu Dhabi Fund for Development (ADFD), has reaffirmed its commitment to advancing nati ...
UAE Leading in AI Tourism Solutions to Enhance Traveller Experience
The UAE’s tourism sector has been heavily investing in smart technologies to cater to the evolving needs of travellers. AI-driven personaliza ...
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