Dubai: Anthony O’Sullivan, Managing Partner of Ernst and Young (EY) in the UAE, affirmed that Dubai is today one of the most attractive cities in the world in terms of investment and economic opportunities. O’Sullivan told the Emirates News Agency (WAM) on the sidelines of the Dubai Business Forum – USA, that Dubai stands out … Read more
Abu dhabi: The price of Kuwaiti oil increased by 88 cents, reaching US$66.61 per barrel on Wednesday, as reported by the Kuwait Petroleum Corporation on Thursday. This marks a rise from Tuesday’s price of US$65.73 per barrel. According to Emirates News Agency, in global markets, there was a mixed trend in oil prices. The price … Read more
Abu dhabi: INTRATOMICS Advanced Material Technologies, a commercial offshoot of the Research and Innovation Centre for Graphene and 2D Materials (RIC2D), within Khalifa University Enterprises Company (KUEC), has entered into a Memorandum of Understanding (MoU) with MAGMA (RWM), a UAE-based firm focusing on waste valorisation and sustainable material recovery. According to Emirates News Agency, the … Read more
Fujairah: Under the patronage of H.H. Sheikh Mohammed bin Hamad bin Mohammed Al Sharqi, Crown Prince of Fujairah, the Fujairah Equestrian Championships are scheduled to take place from November 20 to November 29. The event underscores the Emirate’s dedication to preserving the cultural heritage of equestrianism, while also enhancing its regional and international presence. This … Read more
Dubai: Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, affirmed during a panel session at the Dubai Business Forum – USA that US direct investment in Dubai reached AED14.3 billion in the first half of 2025. According to Emirates News Agency, this figure is double the total US investment in the Emirate during … Read more
Abu dhabi: EDGE, a leading advanced technology and defense group, and Anduril, a global defense technology company, are set to establish a joint venture focused on accelerating the development of autonomous systems for both civil and defense missions in the Middle East and surrounding regions. According to Emirates News Agency, this collaboration enhances the longstanding … Read more
Cairo: The Egypt-Gulf Trade and Investment Forum announced a new mechanism for economic consultation between Egypt and Gulf Cooperation Council states. The initiative aims to establish a joint pathway to boost trade exchange and investment across key sectors including industry, energy, tourism, agriculture, food security, transport, logistics, communications, and information technology. According to Emirates News … Read more
Abu dhabi: Abu Dhabi National Energy Company (TAQA) today announced its financial results for the nine-month period ending 30th September, 2025, reporting Group revenues of AED42.7 billion, a 2.9 percent increase compared to the same period last year, primarily driven by higher pass-through revenue in the Transmission and Distribution segment. The company posted AED16.0 billion … Read more