The UAE is chairing the 114th regular session of the Arab Economic and Social Council (AESC), which will begin tomorrow, Sunday, and continue until next Thursday at the headquarters of the General Secretariat of the Arab League. The session will address issues of joint Arab cooperation in...
Japan’s oil imports from the UAE reached 31.07 million barrels, accounting for 49.1 percent of total imports in July 2024, according to data from the Agency for Natural Resources and Energy under Japan’s Ministry of Economy, Trade and Industry. The data shows that Japan imported...
Methanol Chemicals Co. (Chemanol) signed a technical licensing agreement with a foreign company that owns the technology to produce methyl diethanolamine (MDEA) at a production capacity of 25,000 metric tons per year. In a statement to Tadawul, the company said the project’s initial...
ACWA Power Co. signed financing agreements for three major solar photovoltaic (PV) projects - Haden, Muwyah and Al Khushaybi - in Makkah and Qassim Provinces, each with a production capacity of 2,000 MW, 2,000 MW, and 1,500 MW, respectively. In a statement on Tadawul, the company said that the ...
du, from Emirates Integrated Telecommunications Company (EITC), and Palestine Telecommunications Company (Paltel), have officially inked the du-Pal Express Route Agreement. This initiative aims to construct an express link between the two countries, catering to escalating market demands with...
Dubai Customs announced foiling of a large-scale attempt to smuggle a shipment of the drug Pregabalin weighing 1 ton and 100 kilograms, which was hidden in 40 barrels among incoming air cargo shipments using advanced customs systems. The incident occurred after the shipment arrived at the air...
Cityscape Egypt, the leading real estate event, will host its 13th edition from September 25 to 28, under the esteemed patronage of the Ministry of Housing, Utilities, and Urban Communities. This year, Cityscape is also honored to have PRE Developments and Roya Developments as its Gold...
Oil prices rose on Friday amid the ongoing geopolitical tensions in the Middle East and decline in Libya production by nearly a half on the country's political conditions. Brent crude futures for November delivery rose 0.34% to $79.09 a barrel, at 08:28 am Makkah time. The...
The Abu Dhabi Securities Exchange (ADX) has recorded significant value and volume of trading in exchange-traded funds (ETFs) since the beginning of this year, making it the most active and liquid ETF market in the Middle East and North Africa (MENA) region. According to data obtained by the...
Under the patronage of H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, the third edition of Abu Dhabi Finance Week (ADFW), the flagship financial event of the MEASA region hosted by ADGM, unveiled today an extravagant plan...