Search
Close this search box.

September 9, 2024

ADNOC continues delivering on ambitious chemicals growth strategy

ABU DHABI: ADNOC announced another important milestone in its ambitious chemicals growth strategy last week with the agreement to acquire a 35 percent equity stake in ExxonMobil’s proposed low-carbon hydrogen and ammonia production facility in Baytown…

Gulf Capital exits Kuiper Australia in management buyout

ABU DHABI: Gulf Capital, one of the largest private equity firms investing from the GCC to the rest of Asia, announced today its successful exit from Kuiper Australia in a carve-out transaction from its portfolio company, Kuiper Group, a leading manpo…

EDB launches AGRIX Accelerator to boost UAE food security

ABU DHABI: Emirates Development Bank (EDB) has announced the launch of the AGRIX Accelerator, a flagship programme aimed at transforming the UAE’s agricultural sector by equipping farmers, agribusinesses, and technology providers with specialised fina…

UAE’s GDP hits AED430 billion in Q1 2024

ABU DHABI: Abdulla bin Touq Al Marri, Minister of Economy, said that the preliminary estimates of the UAE’s GDP growth in the Q1 2024, issued by the Federal Competitiveness and Statistics Centre (FCSC), underline the resilience and vitality of the nat…