UAE’s ADNOC to pilot carbon mineralising project in Fujairah

Abu Dhabi National Oil Company (ADNOC) has partnered with Fujairah Natural Resources Corporation (FNRC), Abu Dhabi Future Energy Company (Masdar) and Omani environmental organization 44.01 to pilot technology that […]
Dubai rents to rise further in 2023 due to strong demand, limited supply

Property investors in Dubai can expect higher rental yields this year due to supply constraints and strong demand, according to a new report from Better homes. The real […]
Dubai Financial Services Authority unveils business plan for 2023-24

Dubai Financial Services Authority (DFSA) has unveiled its Business Plan for 2023-24, encapsulated within four strategic themes developed to foster an enabling environment for firms as Dubai and the UAE […]
Saudi Alsaif Gallery inaugurates first branch in Abu Dhabi

Al Saif Stores for Development and Investment Company (Alsaif Gallery) has opened its first branch in Abu Dhabi, marking the first expansion outside Saudi Arabia. The scheme is established […]
First Abu Dhabi explored offer for Standard Chartered

First Abu Dhabi Bank, the UAE’s largest lender, said it had considered making an offer for the emerging markets-focused Standard Chartered listed in London. “First Abu Dhabi Bank confirms that […]
RAM Investment plans AI City Dubai

Sheikh Rashid Bin Ahmed Al Maktoum, Chairman of RAM Investment, has announced a partnership with Europe’s leading artificial intelligence (AI) venture studio and ecosystem Merantix to conceptualise the AI City […]
Tawam Hospital introduces thyroid radiofrequency, microwave ablation

Tawam Hospital, part of the Abu Dhabi Health Services Company (SEHA), shares the story of the first patient to have been treated at Tawam Hospital using a novel procedure called […]
Foreign investor demand to drive Dubai property prices, rents higher in 2023

Continued demand and interest from high-net-worth individuals (HNWIs) and foreign investors will keep property rents in Dubai high in 2023, according to a new report. Property prices in the emirate […]
Dubai’s TECOM expands property portfolio with new $120mln investment

Dubai-listed business park operator TECOM Group is expanding its commercial real estate portfolio with an investment of AED 442 million ($120 million). The company said on Monday it has just […]
Star Paper Mill to set up $54mln recycled paper mill in Abu Dhabi

A new recycled paper mill will be established in Khalifa Economic Zones Abu Dhabi (KEZAD) in a move to support the UAE circular economy. The mill will manufacture eco-friendly biodegradable […]