Browsing: Finance

UAE’s Masdar, also known as Abu Dhabi Future Energy Company, announced on Tuesday its agreement to acquire green energy firm Saeta Yield from Canada’s Brookfield for AED 1.4B (EUR 1.2B).

Abu Dhabi is aiming to enhance food security in the UAE by investing in quinoa farms across the nation. In partnership with Abu Dhabi’s investment and holding company ADQ, Silal and the International Centre for Biosaline Agriculture (ICBA) have launched the UAE’s first commercial quinoa trials.

The UAE Ministry of Finance organized its inaugural dialogue with senior officials from over 80…

The Dubai Department of Economy and Tourism (DET) has partnered with Amazon UAE to launch the DET x Amazon Accelerator, aimed at supporting the growth of small and medium-sized enterprises (SMEs) in Dubai and enhancing their global competitiveness.

Dubai Financial Market (DFM) has announced the successful completion of its periodic review for both the General and Islamic Indexes, with changes taking effect as of 23 September 2024.

United Arab Emirates (UAE) and the International Renewable Energy Agency (IRENA) have announced a strategic partnership to help 20 developing countries strengthen their Nationally Determined Contributions (NDCs) under the NDC Partnership. The partnership aims to raise climate ambitions and accelerate action on renewable energy.

Dar Global, a London Stock Exchange-listed real estate company, has joined forces with luxury jeweller Mouawad to launch a SAR 880 million ($235 million) residential project in Riyadh, Saudi Arabia.

Arcapita Group Holdings and Dgpays have formed a consortium to acquire a majority stake in Neopay, a fast-growing payment solutions provider in the UAE. Neopay was originally launched as a strategic division of Mashreq but has quickly become a major player in the digital payments sector.

His Highness Sheikh Mohammed bin Rashid Al Maktoum has approved a AED 10B expansion for the Dubai Exhibition Centre (DEC) at Expo City Dubai. Once completed, the DEC will become the largest indoor events venue in the region, aligning with the Dubai 2040 Urban Master Plan and Expo City’s vision of establishing itself as a global hub for exhibitions and events.

Abu Dhabi has introduced new financial disclosure regulations for companies listed on the Abu Dhabi Securities Exchange (ADX). These rules aim to ensure transparency and provide clear information on matters that could influence stock prices.