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ADNOC backs major Umm Shaif gas expansion

ADNOC has approved a $6.2 billion investment to develop the Umm Shaif Gas Cap, advancing Abu Dhabi’s plans to raise natural gas production and expand supplies for domestic and international customers. The offshore project…

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Dubai rejects report of Downtown explosions

Dubai authorities have dismissed as false a report claiming explosions were heard in the Downtown district, urging the public to rely…

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US eases technology and defence exports to UAE

The United States has sharply loosened export controls on the UAE, opening wider access to advanced artificial intelligence chips, military equipment,…

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Washington keeps Iran talks alive after strikes

The United States says technical negotiations with Iran are continuing despite renewed military strikes that have weakened a fragile ceasefire and…

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Mercato opens free giant slide for summer

Mercato Shopping Mall has opened a giant indoor slide for children and adults, offering visitors a free attraction throughout the Dubai…

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Gulf bases hit as US-Iran clashes widen

Iran fired missiles and drones at US military-linked facilities in Bahrain and Kuwait after a new wave of American strikes on…

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ADX frees ETF and futures pricing

Abu Dhabi Securities Exchange Group will remove daily price limits on exchange-traded funds and futures contracts from 3 August 2026, marking…

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ADIA backs Luxshare’s major Hong Kong listing

Abu Dhabi Investment Authority has joined a large group of cornerstone investors in Luxshare Precision Industry’s Hong Kong share sale, giving…

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Gulf bank resilience hinges on Tehran talks

Gulf banking systems remain well placed to absorb near-term shocks from the US-Iran conflict, but their credit strength is now tied…

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Luxury flats reshape Dubai housing boom

Dubai’s top-end apartment market has moved from a narrow niche into a major source of residential sales value, as buyers increasingly…

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ADIA backs Luxshare’s Hong Kong float

Abu Dhabi Investment Authority has emerged as a cornerstone investor in Luxshare Precision Industry’s planned $3.1 billion Hong Kong listing, giving…

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Most UAE expats under-insured, reveals survey

Seven in 10 expatriates living in the UAE were found to have insufficient life insurance cover during comprehensive financial reviews conducted…

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DIFC growth lifts Dubai finance rank

Dubai’s financial regulator recorded another year of strong licensing activity in 2025, as the emirate’s financial centre crossed 1,000 regulated entities…

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ITOCHU backs Sirius aviation growth

Japan’s ITOCHU Corporation has taken a strategic stake in Abu Dhabi-based Sirius Aviation Capital Holdings, strengthening the emirate’s position as a…

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Investcorp takes control of Smart

Investcorp has agreed to acquire a majority stake in Smart Managed Solutions, a London-based mechanical and electrical facilities management specialist, in…

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ADIA joins Corona Remedies block deal purchase

Abu Dhabi Investment Authority has emerged among institutional buyers in a ₹777 crore open-market transaction involving a 7.3 per cent stake…

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DAMAC widens entry point for Dubai homes

DAMAC Properties has launched The Lifestyle Collection, a new apartment ownership offer with monthly plans starting from AED 1,999 across four…

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Trump presses Iran after fragile war deal

Washington and Tehran have published the text of an interim agreement signed by their presidents to halt a wider Middle East…

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Mubadala expands stake in European power grids

Abu Dhabi sovereign investor Mubadala has acquired $200 million of Equitix’s stake in Greenlink, deepening its exposure to European energy infrastructure…

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