Browsing: Business

XRG, ADNOC’s international investment company for lower-carbon energy and chemicals, has partnered with BP to launch a new natural gas joint venture in Egypt, named Arcius Energy. BP holds a 51 per cent stake, while XRG owns 49 per cent. The partnership combines their technical expertise and development success to build a competitive gas portfolio.

The UAE participated in the 113th ministerial meeting of the Arab Energy Organisation (AEO) held today in Kuwait, with oil and energy ministers from member states in attendance.

Zand, a fully licensed, AI-powered digital bank based in the UAE, has officially introduced its…

Saudi Arabia’s Public Investment Fund (PIF) and French private equity firm Ardian confirmed on Friday…

Dubai Electricity and Water Authority (DEWA) has expanded its network to include over 740 electric vehicle (EV) Green Charger points across Dubai, reflecting the Emirate’s consistent rise in EV adoption, which surpassed 34,970 vehicles as of October 2024.

Dubai’s Roads and Transport Authority (RTA), in partnership with digital freight platform TruKKer, has introduced “Logisty,” a Digital Logistics Platform developed alongside the private sector. The platform provides commercial transport services, manages logistics and vehicle fleets, and offers on-demand booking and tracking.

The Abu Dhabi Global Market (ADGM) has announced its intent to establish an Insurance Association…

Humaid Obaid Abushibs, Chairman of the UAE Accountability Authority (UAEAA), led an official visit to Greece to strengthen collaboration between the two nations in the fields of auditing and anti-corruption.

NEOM is investing in the robot construction market to modernise the building process in Saudi Arabia. The region has signed an investment agreement with GMT Robotics, a leading European innovator in advanced construction technology.

ADNOC Distribution has launched ARIF, an AI-powered chatbot dedicated to investor relations, during Abu Dhabi Finance Week. ARIF, meaning “knowing” in Arabic, enables current and potential investors to access real-time financial insights, performance metrics, and strategic updates.