Tag: Abu Dhabi

Abu Dhabi Chamber reports 23.8% YoY increase in issuing certificates of origin

The Abu Dhabi Chamber of Commerce and Industry, in cooperation with Etihad Credit Insurance (ECI), has developed a research paper, which revealed a 23.8%...

Abu Dhabi wealth fund ADQ said to eye Bank Audi’s Turkish unit

An Abu Dhabi sovereign wealth fund is in talks to buy Turkish lender Odeabank, according to people with knowledge of the matter, as United...

Abu Dhabi Islamic Bank’s net profit rises 30% in first half

Abu Dhabi Islamic Bank (ADIB) on Wednesday reported a growth in net profit after tax of 30 per cent for H1 2024 to Dh3.03...

UAE is third-largest US dollar debt issuer among emerging markets in H1 2024

The UAE was the third-largest US dollar debt issuer among emerging markets, excluding China, with a share of 8.9 per cent of the total...

GCC economy could get $2 trillion boost via green finance by 2030

Developing the right structure and mechanisms for green finance can help the GCC countries unlock up to $2 trillion in GDP contribution and generate...

Adnoc sells 40% stake in Ruwais LNG project to international firms

Shell, BP, TotalEnergies and Japan's Mitsui have each agreed to invest in a 10 per cent stake in Abu Dhabi National Oil Company's (Adnoc)...

UAE’s flagship Murban crude oil trades at record levels during Q2

Abu Dhabi: Intercontinental Exchange, Inc., today announced record trading activity in Murban crude during the second quarter of 2024.
 ICE Futures Abu Dhabi (IFAD) and...

Abu Dhabi Securities Exchange announces secondary listing of ADQ’s $2.5 billion bond

Abu Dhabi Securities Exchange (ADX) on Thursday announced the secondary listing of the Abu Dhabi Development Holding Company’s (ADQ) $2.5 billion bond, first listed...

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SIDF finances 5k projects with over $53.3bn 

RIYADH: The Saudi Industrial Development Fund has approved up...

UAE: Will Bitcoin be the ‘new gold’? Experts weigh in

Bitcoin can be transferred globally in about an hour...

Indian rupee hits record low against dirham; will UAE grocery prices fall?

The rupee has hit a record low against the...

The UAE’s Crypto Boom: Opportunities and Challenges for Startups

The UAE is quickly becoming a global leader in...

Binance secures ADGM approval to offer global services from Abu Dhabi

The world’s largest crypto exchange marks a milestone in...