Economy News

ADNOC L&S shareholders approve $273 million dividend in 2024

ADNOC Logistics & Services Plc (ADNOC L&S) today announced shareholder approval of all agenda items at its Annual General Meeting,…

Read More »

MGX backs Binance in landmark investment

Binance, the world’s largest cryptocurrency exchange, and MGX, the Abu Dhabi-based AI and advanced technology investor, have announced a landmark…

Read More »

Gross banks’ assets up by 2.4% to AED 4,56 billion at end of December 2024: CBUAE

The Central Bank of the UAE (CBUAE) announced the increase in money supply aggregate M1 by 2.3%, from AED 924.8…

Read More »

Ministry of Energy and Infrastructure explores collaboration with South African delegation

Hassan Al Mansoori, Under-Secretary for Infrastructure and Transport Affairs at the Ministry of Energy and Infrastructure, received Dean Macpherson, Minister…

Read More »

DP World records highest cargo volumes at Jebel Ali Port since 2015

DP World has delivered another standout year for trade, recording its highest container and breakbulk cargo volumes at Jebel Ali…

Read More »

Bank of Sharjah acts as joint lead manager & bookrunner in € 500 mln bond issuance for Sharjah Government

Bank of Sharjah has acted as a joint lead manager and bookrunner in the successful issuance of a €500 million,…

Read More »

SRTI Park, Enterprise Ireland sign partnership agreement

The Sharjah Research, Technology and Innovation Park (SRTI Park) has signed a partnership agreement with the Irish Development Agency during…

Read More »

UAE-German Business Forum convened in Abu Dhabi

The United Arab Emirates and Germany reinforced their deep-rooted economic ties today with the convening of the UAE-German Business Forum…

Read More »