The UAE has strengthened its global leadership in solar energy, advancing its sustainability and climate neutrality goals with significant investments in renewable energy projects.
The Sharjah Entrepreneurship Festival (SEF 2025), which commenced yesterday, Saturday, January 1, will provide entrepreneurs with the tools, strategies and insights they need to navigate today’s competitive business landscape.
Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure of the UAE and Special Representative of the Minister of Foreign Affairs to the Republic of Indonesia, traveled to Indonesia from January 29 to February 1 with a high-ranking delegation.
Emirati oil company Dragon Oil has announced that it has achieved a significant achievement in its exploration drilling operations and has successfully completed the initial drilling of the "East Crystal" well in the Gulf of Suez, in collaboration with GUPCO.
According to data released by the Natural Resources and Energy Agency under the Ministry of Economy, Trade and Industry of Japan, the country's oil imports from the United Arab Emirates reached 35.97 million barrels in December 2024.
Experts believe that the UAE’s mega projects in vital sectors such as infrastructure, renewable energy and real estate development will increase the issuance of sukuk and bonds in the coming years.
The Abu Dhabi real estate market witnessed significant activity in January. Total transactions reached 2,514 deals (worth about 10.6 billion dirhams), indicating a continued positive trend in the emirate’s real estate sector.
The Abu Dhabi National Oil Company (ADNOC) has announced that discussions are underway with OMV AG to create a new global polyolefins group by combining its existing stakes in Borouge plc and Borealis AG.
South Korea's Yonhap News Agency reported that Korean exports fell 10.3 percent year-on-year in January to $49.1 billion, after 15 consecutive months of increases, citing the country's Ministry of Trade, Industry and Energy.
Abu Dhabi Ports Group has announced that it has partnered with MAG Group Holding to develop the first phase of the Marsa Zayed project, a leisure and residential complex on the Red Sea coast in Aqaba, Jordan.
After the announcement of major AI consortium-led projects, such as the $500 billion Stargate project – the largest AI infrastructure initiative in history, in which the UAE is also a participant – and the sudden emergence of DeepSeek, AI has transformed the world of technology.
Dubai Trade has announced that it is transforming its Digital Delivery Order (DDO) platform into Trade+, adding that it will continue to invest in improving the efficiency and speed of trade operations in Dubai’s supply chain and logistics sectors.
Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, met with Laurent Freixe, CEO of Nestle S.A., the world’s largest food and beverage company, at his office in Dubai.
Emirates Global Aluminium (EGA) has achieved Chain of Custody Standard certification from the Aluminium Stewardship Initiative (ASI) for its facilities in the United Arab Emirates.
Ghitha Holding, an Emirati food retailer, announced its consolidated financial results for the financial year ended December 31, 2024, according to which the company’s total revenue reached 4.97 billion dirhams, representing an increase of 8.9% compared to the financial year 2023.
Samsung Electronics announced on Friday, January 31, that the company's net profit in the fourth quarter of 2024 rose more than 20 percent from a year earlier, exceeding market expectations.
Following the rise in the value of US dollar against “Afghani”, national currency of Afghanistan, the press office of the acting government of this country has issued an order emphasizing the use national currency in transactions among citizens.
