The Abu Dhabi National Oil Company (ADNOC) has awarded two contracts worth $1.65 billion (AED 6.06 billion) for the construction of offshore facilities for the Dalma...
Dubai’s largest bank is selling ‘kangaroo’ bonds with a 10-year maturity, according to media sources. Emirates NBD has hired ANZ, Emirates NBD Capital, Mizuho and Nomura...
The Region’s first nuclear power plant is set to begin operations soon, with UAE’s nuclear regulatory authority granting the operating license for Unit 1 of the...
In an interesting twist to the financial quagmire NMC Health is already in, BR Shetty, its founder and chairman, has stepped down from the company’s board....
One of the world’s largest port operators is set to delist and return to full state ownership in a deal valuing the company at US$13.9 billion. Port...
Ivanka Trump, advisor to the United States President, today lauded UAE leadership’s efforts to close the gender gap and added that continuing to empower women across...
(Bloomberg) –Toyota Motor Corp. will partly resume operations at three plants in China this week, bringing back some of the capacity that had been on an...
Jebel Hafit Desert Park, Al Ain’s newest tourist attraction, was inaugurated by H.H. Sheikh Khalid bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi...
(Bloomberg) — Marathon Petroleum Corp.’s Speedway gas-station division has drawn interest from potential buyers including the owner of convenience-store chain 7-Eleven as well as TDR Capital, people...
UAE’s Federal Tax Authority (FTA) has announced that import of waterpipe tobacco (Mu’assel) or electrically heated cigarette plugs not bearing the ‘Digital Tax Stamps’ will be...
