Environment & Energy | Saturday 31 August, 2024 5:35 am

Oil prices rises as Libya production declines, ME tensions persist

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...

More Details

Business & Money | Saturday 31 August, 2024 5:13 am

ADX logs AED1.86 billion in ETF trading Jan-Aug 2024

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...

More Details

Business & Money | Saturday 31 August, 2024 5:11 am

ADFW 2024 to feature industry titans across 50 events

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...

More Details

Business & Money | Saturday 31 August, 2024 5:10 am

DMCC announces 21% increase in registered Colombian companies

The Dubai Multi Commodities Centre (DMCC) has announced a 21% rise in the number of companies joining from Colombia since the start of the year. The growth means DMCC is now home to 23 companies from Colombia, and over 150 companies from across South America. Alongside the announcement, DMCC...

More Details

Business & Money | Saturday 31 August, 2024 5:05 am

NMDC Group’s IPO of NMDC Energy oversubscribed within hours of Day 1

NMDC Group – P.J.S.C. (ADX: NMDC) announced today that the Initial Public Offering (IPO or Offering for 1.15 billion shares (Offer Shares) in its wholly owned subsidiary, NMDC Energy – P.J.S.C. (NMDC Energy) has been oversubscribed within hours of the first day of its subscription...

More Details

Government | Saturday 31 August, 2024 4:57 am

UAE participates in ninth Annual Meeting of New Development Bank Board of Governors

The UAE, represented by the Ministry of Finance, participated in the 9th Annual Meeting of the New Development Bank (NDB) Board of Governors for BRICS countries, held on 30th August in Cape Town, South Africa, under the theme “Investing in a Sustainable Future.” The UAE delegation was led...

More Details

Business & Money | Saturday 31 August, 2024 4:55 am

RAKEZ continues to empower businesses with key sales strategy session

Ras Al Khaimah Economic Zone (RAKEZ) recently hosted an interactive session on enhancing sales strategies titled “Sales Models to Drive Growth”. The event, held at RAKEZ Compass Coworking Centre, drew business leaders and sales professionals from the economic zone’s business community eager...

More Details

Healthcare | Saturday 31 August, 2024 4:54 am

GCC national patient with rare heart condition receives life-saving surgery at Cleveland Clinic Abu Dhabi

Cleveland Clinic Abu Dhabi, part of the M42 group, successfully performed life-saving open chest surgery to treat a 31-year-old patient, suffering from Chronic Thromboembolic Pulmonary Hypertension (CTEPH). This life-threatening condition is caused by high pressure within the pulmonary artery...

More Details

Business & Money | Saturday 31 August, 2024 4:53 am

Jebel Ali Port hits new monthly container handling record

DP World's Jebel Ali Port set a new monthly container throughput record in July, handling 1,400,000 TEUs (Twenty-Foot Equivalent Units) and topping its previous high set in 2015. This follows a strong performance in the first half of 2024, with the port handling 7.3 million TEUs, up 3.9...

More Details

Sports | Saturday 31 August, 2024 4:48 am

ADIHEX Welcomes Experience Abu Dhabi as the Official Destination Sponsor for the 21st Edition

The Abu Dhabi International Hunting and Equestrian Exhibition (ADIHEX) is delighted to announce Experience Abu Dhabi, the destination brand of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), as the official destination sponsor for its 21st edition. This year’s event,...

More Details