Taqa and EWEC Announce Major Energy Projects to Support UAE’s AI and Net Zero Goals
The Abu Dhabi National Energy Company PJSC (Taqa) and Emirates Water and Electricity Company (EWEC) have unveiled new energy infrastructure…
Category: Business
Markets Brace for Trump Administration’s Tariff Announcement
Global investors are anxiously awaiting the Trump administration’s tariff announcement, set to be revealed on Wednesday, amid uncertainty over the…
Qatar’s Maritime Sector Sees Strong Growth in Q1 2025
Qatar’s maritime sector experienced significant growth in the first quarter (Q1) of 2025, with an increase in vessel calls and…
OpenAI Faces Deadline to Transition to For-Profit Model for $40 Billion SoftBank Deal
OpenAI must transition to a for-profit company by the end of the year to secure its full $40 billion funding…
Qatar’s Listed Companies Report QR51.18bn in Net Profits for 2024
Qatar’s listed companies on the main market posted a total net profit of QR51.18 billion in 2024, reflecting an 8.7%…
UAE’s Wealth Management Sector Booms Amid Growing Investor Interest
The global wealth management industry is undergoing a significant transformation, with the Middle East—particularly the UAE—emerging as a leading hub…
Global Tensions Rise as Trump Imposes 25% Tariff on Imported Vehicles
Governments around the world have vowed to retaliate after U.S. President Donald Trump announced a sweeping 25% tariff on imported…
Ajman’s Rental Market Sees Record Growth, Attracting More Residents and Investors
Ajman’s real estate sector has witnessed significant growth, with the Ajman Municipality and Planning Department reporting a total rental transaction…
Adnoc Logistics & Services Reports Strong 2024 Performance, Announces $273 Million Dividend
Adnoc Logistics & Services Plc (Adnoc L&S), a global leader in energy maritime logistics, has announced a final dividend of…
Search Funds Emerge as a New Financing Solution for UAE SMEs
Small and medium enterprises (SMEs) remain the backbone of the UAE’s economy, contributing approximately 63.5% to the country’s non-oil GDP.…