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Abu Dhabi sovereign investor Mubadala has acquired $200 million of Equitix’s stake in Greenlink, deepening its exposure to European energy infrastructure as power markets seek stronger cross-border capacity and more flexible grids. The transaction…
The United States and Iran are edging towards a peace memorandum that could reopen the Strait of Hormuz and pause a…
Dubai’s property market is set for one of its largest new supply commitments as Emaar Properties prepares to unveil a Dhs200bn…
AHS Properties has acquired the Shangri-La Dubai hotel on Sheikh Zayed Road for Dh1.1 billion, deepening the luxury developer’s hold on…
Dubai’s push to turn long-term tenants into homeowners has crossed Dh5 billion in residential transactions, with more than 3,200 residents buying…
ADNOC is exploring investment opportunities in Canada’s upstream oil and liquefied natural gas sectors through XRG, its international energy investment arm,…
Access to finance for industrial startups is becoming a sharper policy test for the UAE as high-growth manufacturing ventures confront longer…
Oil markets lurched higher on Monday as renewed Israeli strikes on Iran and attacks on Lebanon revived fears that the Middle…
Israel launched airstrikes on military targets in western and central Iran early on Monday after Iran fired missiles and drones towards…
Capital inflows into the UAE are holding steady as investors adopt tougher due diligence standards rather than retreating from the market,…
Gas engine manufacturer Innio has raised $2.43 billion in a US initial public offering, pricing an upsized share sale at the…
Oil markets are heading towards a possible August inflection point as constrained flows through the Strait of Hormuz, recovering seasonal demand…
Emirates Telecommunications Group Company PJSC, known as e&, has agreed to sell part of its stake in Careem Technologies to Uber…
Global economic leaders have warned that the Middle East war is tightening energy supplies, disrupting trade routes and placing the heaviest…
Several Americans were injured and two MQ-9 Reaper drones were badly damaged after an Iranian ballistic missile aimed at Kuwait’s Ali…
Japan will restore Dubai crude as the benchmark for calculating petrol price subsidies from June 4, reversing a temporary shift to…
Kuwait’s air defence systems intercepted hostile missiles and drones targeting its airspace early Thursday, triggering loud explosions across parts of the…
Dubai and Abu Dhabi’s office and retail property markets remained resilient in the first quarter of 2026, as tight supply, steady…
Saudi Aramco will transfer its equity stakes in Malaysia’s PRefChem refining and petrochemical ventures to Petronas, bringing an eight-year downstream partnership…
UAE Minister for Foreign Trade Dr Thani bin Ahmed Al Zeyoudi used a high-level GLOBSEC Forum 2026 panel in Prague to…
Masdar has signed an agreement with China’s Sungrow to supply battery energy storage and photovoltaic inverter systems for Abu Dhabi’s round-the-clock…
Abu Dhabi has cast its departure from OPEC as a strategic move to protect national revenue before global oil demand enters…
Full oil shipments through the Strait of Hormuz are not expected to return before the first or second quarter of 2027,…
Meta Platforms has told employees it does not expect further company-wide layoffs this year after cutting about 8,000 jobs and shifting…
Washington moved closer to another military escalation with Tehran after President Donald Trump warned that the United States could resume strikes…
Hundreds of shoppers queued through the night at Dubai Mall and Mall of the Emirates for a Swatch and Audemars Piguet…
Dubai Customs has reported a sharp rise in cargo handled through its Green Corridor with Oman, underscoring the growing importance of…
President Donald Trump is nearing a decision on whether to revive US air strikes against Iran as diplomatic efforts to reopen…