MAABU DHABI: Captain Saif Al Mheiri, CEO of Abu Dhabi Maritime and Group Chief Sustainability and Risk Officer at AD Ports Group, said the launch of the Abu Dhabi’s Compass for Maritime Businesses: Your Gateway to Global Opportunity guide marks a significant step towards enhancing the competitive…
Staff WriterAbu Dhabi Commercial Bank (ADCB) has initiated equity research coverage on three of ADNOC's six listed companies, assigning a "Buy" rating to ADNOC Drilling, ADNOC Distribution and Borouge.In a sector report titled "The ADNOC Advantage," the bank's research division said the three stock…
Staff WriterXRG has completed the acquisition of an additional equity interest in Trains 4 and 5 of Rio Grande LNG at the Port of Brownsville, Texas.The transaction deepens XRG’s exposure to one of the world’s largest Liquefied Natural Gas (LNG) export facilities by giving it equity interests acros…
Staff WriterH.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, attended the launch of the Dubai Digital Twin Platform, which represents a new strategic milestone in the emirate's d…
Staff WriterDubai International Financial Centre (DIFC) has awarded the main construction contract for DIFC Heights Tower, an AED3 billion gross development value mixed-use project located within Gate District, to Al Basti & Muktha LLC (ABM), marking a significant milestone in the development of th…
Abu Dhabi, UAE: Clean Rivers, a UAE-backed foundation and affiliate of Erth Zayed Philanthropies, today announced its partnership with the Ellen MacArthur Foundation to transform waste systems and protect waterways in Recife, Brazil, a city situated at the mouth of three rivers – Capibaribe, Beberi…
Nairobi, Kenya – The African Trade & Investment Development Insurance (ATIDI) today published its 2025 Annual Report, a landmark 25th Anniversary Edition celebrating a quarter century of supporting African countries to unlock investment, facilitate trade and build economic resilience through innova…
Dubai — Bitget, the world's largest Universal Exchange (UEX), has launched US stock options, giving users direct access to trade options on leading US-listed companies. This makes Bitget the only major crypto exchange currently offering US stock options alongside crypto and CFD markets covering gol…
RIYADH, Saudi Arabia: (GLOBE NEWSWIRE) — Al Tahaluf Real Estate Company CJSC today announced its rebrand to HOV Global CJSC following an increase in majority ownership by K. Hovnanian M.E. Investments, LLC (KHME), a subsidiary of Hovnanian Enterprises, Inc. NYSE:HOV, one of the largest homebuilders…
Middle East: The great rebound in global mergers and acquisitions that began last year is proving no flash in the pan. After M&A rose 40% to $4.9 trillion in 2025 – the second-highest annual total on record – global deal value continued to climb in the first five months of 2026, surging 41% year-ov…
Ajman, United Arab Emirates: As part of its strategic vision to strengthen Ajman's position on the global tourism map, the Ajman Department of Tourism, Culture and Media has announced the appointment of Hunan Overseas Travel Co., Ltd. as its official representative office in the People's Republic o…
ABU DHABI – Resilience is increasingly being recognized as a defining factor in economic competitiveness, operational continuity, and public trust, with organizations placing greater emphasis on embedding resilience into leadership, governance, and long-term strategy, government and technology lead…
Majda MuhsenJordan is planning to tender renewable energy, energy storage and grid modernisation projects under its National Energy Strategy for 2026-2035, according to documents published by the International Monetary Fund (IMF) as part of the country's Fifth Review under the Extended Fund Facilit…
Dubai, UAE: Global Hotel Alliance (GHA), the world’s largest alliance of independent hotel brands, has expanded the portfolio of Local Offers and Experiences available through its GHA DISCOVERY loyalty programme, in line with its Live Local concept, with a City Unscripted partnership.Responding to…
Baku, Azerbaijan: The Islamic Development Bank Institute (IsDBI) and the Tanzania-based Centre of Islamic Finance, Compliance and Advice (CIFCA) signed a Memorandum of Understanding (MoU) to strengthen cooperation in advancing Islamic finance, capacity development, professional certification, resea…
Sharjah: The Sharjah Chamber of Commerce and Industry (SCCI) discussed ways to enhance trade and investment cooperation with the Kingdom of Belgium.The talks identified key opportunities to scale strategic economic partnerships between the UAE and Belgian business communities in line with the shar…
Dubai, UAE: Alternative investments across the GCC are entering a more institutional phase, driven by growing participation from family offices, private wealth platforms, sovereign investors and international capital. Governance, transparency, and long-term value creation are increasingly becoming…
The Bahrain Institute for Pearls and Gemstones “DANAT” has launched its 2025 Sustainability Report, together with its 2025 (GHG) Report and the Hayrat Project Initiative, marking a new step in the Institute’s efforts to advance environmental responsibility, strengthen scientific disclosure, and sup…
Manama, Bahrain: A significant 96% of Bahraini small and medium-sized enterprises (SMEs) affirm that digital and online payments are critical for their future growth, according to a Mastercard survey.The Mastercard SME Confidence Index is a multi-market study that captures the sentiment, priorities…
UAE – The Nemetschek Group, one of the world’s leading software providers for the Architecture, Engineering, Construction and Operations (AEC/O) industry, has announced the completion of its acquisition of Heavy Construction Systems Specialists (HCSS) from Thoma Bravo. The strategic move is set to…
