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EHC Investment, through its energy arm Emirates International Gas (EIG), has fully acquired Al Fanar Gas Group, Abu Dhabi’s largest gas distributor and a leading service provider in the UAE.

Dubai-based digital technology company VEON Ltd. has successfully secured a $210 million syndicated loan with a two-year tenure. A consortium of lenders, including ICBC Standard Bank and several prominent banks from the Gulf Cooperation Council (GCC) region, arranged the financing.

Abu Dhabi’s office and industrial property markets are experiencing strong growth, with rental rates rising due to increasing demand, regulatory changes, and active development, according to Savills Middle East.

Commercial Bank of Dubai (CBD) has extended an AED 550 million credit facility to Siemens…

Emaar Development PJSC (DFM: EMAARDEV) held its Annual General Meeting (AGM), where the Board of Directors reviewed the company’s financial performance for 2024 and discussed its future growth strategy.

Jebel Ali Free Zone (Jafza) is investing AED 90 million in Phase 2 of its…

The Emirates Group has partnered with Moro Hub, a subsidiary of Digital DEWA, to utilise co-location services at the Mohammad Bin Rashid Al Maktoum Solar Park. Moro Hub, recognised by Guinness World Records™ as the world’s largest solar-powered data centre, will host the Group’s infrastructure.

Parkin Company PJSC has provided an update regarding the implementation of the Variable Parking Tariff Policy.

Epik Foods, a UAE-headquartered F&B company operating dozens of brands across the GCC, has acquired Abu Dhabi-based food group Sauce Capital after securing nearly $15 million in fresh funding. The strategic move is set to expand Epik Foods’ market share in the region while strengthening its foothold in Saudi Arabia and Abu Dhabi, where Sauce Capital already has a strong presence.

Steel and building materials producer EMSTEEL Group has partnered with Yellow Door Energy to develop the UAE’s largest industrial solar PV rooftop project.