Business Blog
EDGE, Indra formalise joint venture ‘PULSE’ to design, manufacture radars in Abu Dhabi
EDGE and Indra Sistemas (Indra), a world-leading information technology and defence systems company with a footprint in over 140 countries worldwide, have reached an agreement …
Mubadala and US-based Resilience link up on biopharma manufacturing in UAE
Mubadala Investment Company, Abu Dhabi’s sovereign investment arm, and US-based …
Dubai recorded 23.7 million arrivals in 2022
Dubai recorded almost 23.7 million traveller arrivals in 2022, up …
UAE Central Bank issues new guidelines to combat money laundering
The UAE Central Bank has issued new guidelines for licenced financial …
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 …
Dubai hotels end 2022 with strong room revenue in December
Hotels in Dubai ended 2022 with a strong performance across industry …
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’s new gas subsidiary begins operations
Adnoc’s new gas processing and marketing company, Adnoc Gas, began …
UAE’s Masdar signs agreement with Kyrgyzstan to develop renewable energy projects
Abu Dhabi’s clean energy company Masdar has signed an agreement …
Borouge secures two contracts worth $15m from UAE manufacturers
Borouge, the joint venture between Adnoc and Austrian chemicals producer Borealis, has secured …
First Abu Dhabi Bank raises $500m through Islamic bond
First Abu Dhabi Bank, the UAE’s largest lender by assets, has raised …
First Abu Dhabi explored offer for Standard Chartered
First Abu Dhabi Bank, the UAE’s largest lender, said it …
Burj Khalifa sales grow 16% as Dubai’s tallest tower turns 13
Dubai’s Burj Khalifa moved into adolescence in 2022 with a …
