ADNOC and JBIC sign $3 billion green financing agreement

Abu Dhabi National Oil Company (ADNOC) PJSC (ADNOC) has signed a general agreement with the Japan Bank for International Cooperation (JBIC) for a $3 billion (Dh11 billion) green financing facility. […]
Abu Dhabi SWFs invested $26.1b in fresh capital in H1 2024

Abu Dhabi-based sovereign wealth funds (SWFs) – Abu Dhabi Developmental Holding Company (ADQ), Abu Dhabi Investment Authority (ADIA), and Mubadala – deployed a total of $26.1 billion in fresh capital […]
UAE leaders congratulate US President on Independence Day

President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Joe Biden of the United States of America on the occasion of his […]
Zayed International Airport wows Elon Musk

Zayed International Airport in Abu Dhabi received a thumbs up from tech entrepreneur Elon Musk. Musk is known for his innovative ventures like SpaceX. Musk took to social media platform […]
UAE business activity and demand strong as economy continues to grow in June, S&P PMI report

UAE businesses experienced a “marked increase” in business activity and a “steep rise” in new work in June, with most non-oil businesses optimistic about the future, according to the latest […]
Abu Dhabi ranked safest city globally for eight consecutive years

Abu Dhabi has been named the world’s safest city for the eighth consecutive year, according to Numbeo’s 2024 Mid-Year Crime Index released on Tuesday. The Numbeo Crime Index, updated semiannually, […]
UAE leaders extend condolences to Moroccan King over death of his mother

President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of sincere condolences to His Majesty King Mohammed VI of the Kingdom of Morocco on the passing […]
DEWA’s accommodation complex in Warsan receives LEED Platinum Rating

Dubai Electricity and Water Authority (DEWA)’s Accommodation Complex in Warsan has received the Platinum Rating in the LEED (Leadership in Energy and Environmental Design) awarded by the US Green Building […]
Ajman Bank partners with Magnati to leverage merchant acquiring services

Ajman Bank has entered into a strategic partnership with Magnati, a payment solutions provider, to enhance the digital payment capabilities of its corporate and business banking clients. Through this collaboration, […]
Sharjah Airport, Air Arabia inaugurate first direct flight to Athens International Airport

The Sharjah Airport Authority (SAA) and Air Arabia announced the addition of the Greek capital, Athens, to the latest direct travel destinations for passengers through Sharjah Airport. The first of […]