ADIB to provide instant account opening for SMEs

Abu Dhabi Islamic Bank (ADIB) has become the first bank in the UAE to provide small and medium-sized enterprises (SMEs) with convenient remote account opening services through a mobile app […]
Abu Dhabi Global Market continues epic journey as fastest-growing IFC in region

Abu Dhabi Global Market (ADGM) is continuing to reinforce its position as a global hub for businesses looking to expand their operations in the region. ADGM’s rapid progress and achievements […]
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 […]
ADIB Egypt reports 125.4% YoY climb in Q1 consolidated profits

Abu Dhabi Islamic Bank Egypt (ADIB) reported a 125.4% year-on-year (YoY) increase in consolidated profits after tax and non-controlling interests for the first quarter (Q1) of 2023, according to the […]
UAE’s Khazna to enter Egyptian market with Benya through $250mln investment

Khazna Data Centers, headquartered in the UAE, unveiled its plan to enter the Egyptian market with Benya Group through an investment worth $250 million to build a state-of-the-art data centre […]
Dubai DEWA’s consolidated profit rises 10% to $208mln in Q1 2023

Utility provider Dubai Electricity and Water Authority (DEWA) reported a consolidated net profit of 763 million UAE dirhams ($207.78 million), up 10.4% year-on-year (yoy), in the first quarter of 2023. […]
UAE’s ADFD supports $320mln water supply project in Mauritania

Abu Dhabi Fund for Development (ADFD) has signed an agreement with the government of Mauritania to help finance a project aimed at providing potable water to the city of Kiffa […]
ADFD finances sustainable water project in Mauritanian city of Kiffa with $30mln

Abu Dhabi Fund for Development (ADFD) has signed an agreement with the government of Mauritania to finance a project aimed at providing potable water to the city of Kiffa, which […]
Krohne to unveil innovative products at World Utilities Congress

Krohne, a global manufacturer and supplier of solutions in industrial process instrumentation, is set to showcase its innovative thought process and precision engineered product portfolio at the upcoming World Utilities […]
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, […]