Abu Dhabi’s L’IMAD Holding has deepened its grip on TAQA after its subsidiary Abu Dhabi Power Corporation bought a further 8.09 per cent stake in the listed power and water utility, lifting its holding to 98.12 per cent.The transaction, disclosed on Wednesday, involved the acquisition of 9.1 billion TAQA shares

Standard Chartered is exploring the sale of its wealth and retail banking business in Bahrain, extending a wider reshaping of its consumer operations as the London-headquartered lender concentrates capital on larger cross-border and affluent-client franchises.The review applies only to the
Emirates SkyCargo has expanded its freighter network across East and Southeast Asia, adding capacity on key manufacturing corridors as exporters seek faster links to markets across the Middle East, Africa, Europe and the Americas.The Dubai-based carrier said it moved more
First Abu Dhabi Bank has entered a strategic partnership with Water. org and WaterEquity, placing capital behind an impact fund aimed at expanding access to safe water and sanitation across emerging markets.The Abu Dhabi lender has invested in the WaterEquity