October 1, 2024

ABU DHABI: The Securities and Commodities Authority (SCA) announced its approval for the listing of 16 tranches linked to bonds and Islamic sukuk, with a total value of US$19.55 billion (AED72 billion), on the Abu Dhabi Securities Exchange’s “Secondar…

DUBAI: H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, said that Dubai, under the vision and directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, …

DUBAI: Day one of the 26th Water, Energy, Technology and Environment Exhibition (WETEX) hosted 44 specialised seminars and discussion panels delivered by a group of leading global experts and specialists.

Dubai Electricity and Water Authority (DEWA) …

DUBAI: Dragon Oil Company, wholly owned by the Government of Dubai, is planning to double its daily production over the next five years to 450,000 bpd from its current level of 210,000 bpd.

Speaking on the sidelines of the 26th Water, Energy, Technol…

ABU DHABI: ADNOC today announced that ADNOC International Limited (ADNOC International), has entered into an investment agreement with Covestro AG (Covestro), one of the world’s leading chemical players, and launched a voluntary public takeover offer …

ABU DHABI: Emirates Water and Electricity Company (EWEC) today invited developers and developer consortiums to submit an expression of interest (EOI) for the development of a new solar photovoltaic (PV) independent power project (IPP) to be located in…

Business confidence among major Japanese manufacturer in September was unchanged from three months earlier, the Bank of Japan said Tuesday. The central bank’s quarterly survey showed the business sentiment index among big manufacturers, such as autom…

ABU DHABI: Statistics Centre – Abu Dhabi (SCAD) has released preliminary estimates revealing a 4.1 percent growth in the emirate’s gross domestic product (GDP) during the second quarter of 2024, compared to the same period last year.

The growth is la…

ABU DHABI: Al Yah Satellite Communications Company (Yahsat), a subsidiary of Space42, plans to launch seven satellites as part of the UAE’s Earth Observation Space Programme, the first of which, Foresight 1satellite, was launched last August.

Ali Al …