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November 14, 2024

Business Blog

Latest News

UAE President and Emir of Kuwait discuss fraternal relations and efforts to strengthen Gulf cooperation

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Highness Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah, Emir of the State of Kuwait, discussed …

business gate

Dubai recorded 23.7 million arrivals in 2022

Dubai recorded almost 23.7 million traveller arrivals in 2022, up …

Banking

UAE Central Bank issues new guidelines to combat money laundering

The UAE Central Bank has issued new guidelines for licenced financial …

business gate

Alpha Dhabi and Mubadala form joint venture to invest up to $2.5bn in global credit market

Alpha Dhabi Holding, a unit of Abu Dhabi’s International Holding …

business gate

Dubai hotels end 2022 with strong room revenue in December

Hotels in Dubai ended 2022 with a strong performance across industry …

ADNOC

Adnoc’s $15bn investment in low carbon strategy is another step on a long road to net zero

From Europe, it appears as dilemma, a paradox, a contradiction. …

ADNOC

Adnoc’s new gas subsidiary begins operations

Adnoc’s new gas processing and marketing company, Adnoc Gas, began …

business gate

UAE’s Masdar signs agreement with Kyrgyzstan to develop renewable energy projects

Abu Dhabi’s clean energy company Masdar has signed an agreement …

business gate

Borouge secures two contracts worth $15m from UAE manufacturers

Borouge, the joint venture between Adnoc and Austrian chemicals producer Borealis, has secured …

Banking

First Abu Dhabi Bank raises $500m through Islamic bond

First Abu Dhabi Bank, the UAE’s largest lender by assets, has raised …

ACQUISITION

First Abu Dhabi explored offer for Standard Chartered

First Abu Dhabi Bank, the UAE’s largest lender, said it …

business gate

Burj Khalifa sales grow 16% as Dubai’s tallest tower turns 13

Dubai’s Burj Khalifa moved into adolescence in 2022 with a …

business gate

Imdaad wins FM services contract for Al Nasr Club facilities

Dubai-based sustainable facilities management (FM) services group Imdaad has secured …