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    Adnoc awards 3% interest in SARB, Umm Lulu concession to SOCAR

    Adnoc awards 3% interest in SARB, Umm Lulu concession to SOCAR

    31 May 2024

    Adnoc announced on Friday it has signed an agreement to award a 3% participating interest in the SARB and Umm Lulu offshore concession to SOCAR. This award builds on the...

    Developer allocates Dhs1 billion for expansion, announces new project

    Developer allocates Dhs1 billion for expansion, announces new project

    31 May 2024

    Sajjad Ahmad, Deputy Business Editor Tabeer Developments has rapidly solidified its position as a leader in the real estate industry. Since its rebranding in November last year, the company has...

    MoIAT, ECI and Sheraa to empower the industrial SMEs, entrepreneurs

    MoIAT, ECI and Sheraa to empower the industrial SMEs, entrepreneurs

    31 May 2024

    In the presence of Dr Sultan Bin Ahmed Al Jaber, Minister of Industry and Advanced Technology; and Sarah Bint Yousif Al Amiri, Minister of State for Public Education and Advanced...

    AD Ports, EDB of Madagascar sign MoU

    AD Ports, EDB of Madagascar sign MoU

    31 May 2024

    AD Ports Group, and the Economic Development Board (EDB) of Madagascar have on Friday signed of a Memorandum of Understanding (MoU), to explore a dynamic partnership focused on bolstering commercial...

    MBRIF and AzurX forge strategic partnership to propel innovation

    MBRIF and AzurX forge strategic partnership to propel innovation

    31 May 2024

    Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative launched by the UAE Ministry of Finance to support innovation in the UAE, has announced a strategic partnership with AzurX, a leading...

    AMF highlights innovations, trends and new technologies

    AMF highlights innovations, trends and new technologies

    30 May 2024

    The Arab Media Forum (AMF) has highlighted new trends and technologies, inspiring new benchmarks, and demystifying groundbreaking innovations and ideas. The 22nd edition of AMF featured a dedicated Artificial Intelligence...

    Moody’s upgrades Dewa’s credit rating to A3

    Moody’s upgrades Dewa’s credit rating to A3

    30 May 2024

    Dubai Electricity and Water Authority (Dewa) on Thuraday reported that Moody’s has upgraded Dewa’s long-term issuer rating from Baa2 to A3 with a stable outlook. In addition to positive macroeconomic...

    Acube Developments launches Dhs300m ‘Electra’ tower in Dubai

    Acube Developments launches Dhs300m ‘Electra’ tower in Dubai

    30 May 2024

    Sajjad Ahmad, Deputy Business Editor The real estate market in Dubai has seen tremendous growth in recent months as the city saw the launch of a number of new...

    UAE ministers, officials praise CEPA between UAE and Republic of Korea

    UAE ministers, officials praise CEPA between UAE and Republic of Korea

    29 May 2024

    Ministers and officials in the UAE government affirmed that the Comprehensive Economic Partnership Agreement (CEPA) signed with the Republic of Korea marks the beginning of a new era of...

    IMF upgrades China’s 2024-25 GDP growth forecasts to 5%

    IMF upgrades China’s 2024-25 GDP growth forecasts to 5%

    29 May 2024

    China’s economy is set to grow 5 per cent this year, after a “strong” first quarter, the International Monetary Fund (IMF) said on Wednesday, upgrading its earlier forecast of...

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