Consortium plans to develop $5bln UAE-Oman-India undersea pipeline
South Asia Gas Enterprise (SAGE), a consortium of companies in deepwater pipeline projects, is planning a $5 billion undersea liquefied natural gas (LNG) pipeline from the Gulf to India. The […]
ADNOC Drilling posts 25% jump in Q1 net profit
ADNOC Drilling Co., a subsidiary of Abu Dhabi’s state oil company ADNOC, reported a Q1 2023 net profit of $219 million, 25% higher year-on-year (yoy) on the driven by onshore […]
Dubai: Fintech helps DIFC grow faster than emirate’s overall economic growth
Financial technology (popularly known as Fintech) has become a major growth driver for the Dubai International Financial Centre (DIFC), helping it to grow faster than Dubai’s overall growth rate. […]
Dubai’s Department of Economy and Tourism celebrates successful participation at ATM 2023
Dubai’s Department of Economy and Tourism (DET) made an impressive showing at the 30th edition of Arabian Travel Market (ATM), held from 1st-4th May at the Dubai World Trade Centre, […]
Qatar and UAE in process of restoring diplomatic ties, official says
Qatar and the United Arab Emirates (UAE) are in the process of restoring diplomatic ties and reopening embassies, two officials said, more than two years after Arab states ended […]
$5bln dollars of UAE investments in Brazil
Abdullah bin Touq Al Marri, Minister of Economy, said that the Emirati-Brazilian partnership is based on solid foundations of friendship and respect for mutual interests. ‘’The bilateral relations between the […]
ADFD backs AI industries to enhance UAE’s global standing in advanced technology
In a bid to strengthen the UAE’s standing as a global hub for advanced technology, a delegation from the Abu Dhabi Fund (ADFD) for Development and the Abu Dhabi […]
Dubai records over $327mln in realty transactions Wednesday
Dubai real estate market recorded 440 sales transactions worth AED1.1 billion, in addition to 93 mortgage deals of AED153.86 million, and 12 gift deals amounting to AED25.55 million on Wednesday, […]
Presidents of UAE, Egypt review bilateral relations, regional developments
CAIRO: President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Egyptian President Abdel Fattah El Sisi held discussions today aimed at further strengthening bilateral ties between the two nations. […]
Sharjah records real estate transactions worth $463mln in March
The real estate sector in Sharjah continued to thrive during March 2023, as the volume of real estate transactions in the emirate reached AED1.7 billion. This reflects the continued […]
