ADNOC founded XRG to invest in low-carbon, chemical, and natural gas projects. Santos would be a good fit for the plan given its development of gas fields. Abu Dhabi’s national…
Last month, the company launched an app called “Make it with ADNOC”. It aims to increase local manufacturing and support the UAE’s industrial growth. The Abu Dhabi National Oil Company…
As part of its D33 strategy, Dubai wants to double its economy to Dh32 trillion over the next ten years and place the emirate among the top three global cities.…
Mubadala’s total assets under management in 2024 came to Dh1.2 trillion ($326 billion), with annualised returns of 10.1% over five years. Mubadala Investment Company, the strategic investment arm of Abu…
The reason the direct effects are minimal is because the main GCC exports to the US are hydrocarbons, which President Trump has exempted from duties. As the world complains of…
Al Ansari Financial Services has been dominating digital innovation in the financial services industry. Dubai-based Al Ansari Financial Services (AAFS), one of the leading integrated financial service groups in the…
The investment will help MGX enter the cryptocurrency industry and aims to increase the adoption of digital assets. MGX announced that it has invested $2 billion in Binance, strengthening the…
Alpha Data released a statement on Thursday that they have set a price range of Dh1.45 to Dh1.50 per share. The technology company Alpha Data in the United Arab Emirates…
Zohr facilities will process the gas in Egypt before liquefying at Damietta and shipping it to Europe. Egypt and Cyprus are signing agreements that allow the gas from Cyprus’ offshore…
Aldar’s net profit to equity investors for the 12 months ending in December increased to Dh5.6 billion. Aldar Properties, Abu Dhabi’s largest listed developer, saw a 47% increase in their…