Business

UAE, Korea explore expanding strategic cooperation in energy, nuclear power, emerging technologies

Eng. Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at the Ministry of Energy and Infrastructure (MoEI), received Kim Jung-kwan, Minister of Trade,...

Tech, crypto firms to help tackle illegal wildlife trade

group of leading international technology, ​crypto and other ​businesses on Monday announced plans to ​help stamp out the illegal trade in wildlife. Announcement made as...

When AI access disappears overnight: The 12 sovereign models India is betting on

The idea of "sovereign AI" has often been dismissed as techno-nationalist rhetoric, an idea which is considered expensive, duplicative and largely unnecessary in a...

11th meeting of India-UAE High Level Joint Task Force on Investments

The 11th meeting of the UAE-India High Level Joint Task Force on Investments (‘the Joint Task Force’) was held today in Abu Dhabi, co-chaired...

SHUAA Capital launches new Sharia-compliant Saudi equity fund

SHUAA Capital, the leading asset management and investment banking platform in the region, announced on Monday the launch of a new Sharia-compliant fund under...

Borouge reports first-half revenues of $2.8 billion

orouge Plc today announced its financial results for the three- and six-month periods ended 30th June 2023, with first-half revenues of $2.8 billion and...

Dubai, Abu Dhabi see soaring off-plan deals, signaling investor confidence: JLL

Off-plan transactions in the residential markets of Dubai and Abu Dhabi continued to see a robust growth momentum in the second quarter (Q2) on...

ADNOC Gas announces $7-9 billion 14-year LNG supply agreement with Indian Oil Corporation Ltd

Abu Dhabi: ADNOC Gas plc (ADNOC Gas), a world-class integrated gas processing company, on Tuesday announced a 14-year supply agreement with Indian Oil Corporation...

ADIB net profit up 61% at Dh2.3 billion in H1 2023

Dubai: Abu Dhabi Islamic Bank reported a 61 per cent increase in half-yearly net profit until June at Dh2.326 billion, the bank said on...

Abu Dhabi mega-corp IHC is more than about its stock price: CEO Syed Basar Shueb

Dubai: The Abu Dhabi mega-corp investment company IHC is more than just about delivering a 5,900 per cent _This is the IHC stock price...

Emirates NBD pulls in ‘record’ numbers for H1-2023, profit crosses Dh12 billion

Dubai: For one of the UAE’s biggest banks, Emirates NBD, it’s ‘record’ territory at the half-year mark, with profits hitting Dh12.3 billion from Dh21.3...

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UAE, Korea explore expanding strategic cooperation in energy, nuclear power, emerging technologies

Eng. Sharif Al Olama, Undersecretary for Energy and Petroleum...

Tech, crypto firms to help tackle illegal wildlife trade

group of leading international technology, ​crypto and other ​businesses...

When AI access disappears overnight: The 12 sovereign models India is betting on

The idea of "sovereign AI" has often been dismissed...

SEBI board to consider reintroducing open-market window for buybacks tomorrow

A key proposal before the board is to reintroduce...

BMW cuts 2026 profit margin outlook over China slowdown, Middle East costs

German luxury carmaker BMW Group revised down its 2026...