[email protected] Abu dhabi: ADNOC Drilling has hit 100 percent fleet utilisation as Al Jurf and Dana begin operations. The commencement of these two modern high-specification jack-ups boosts the operational jack-up fleet to 34, one of the largest in the world, fully contracted under long-term agreements with ADNOC Offshore. According to Emirates News Agency, this achievement not … Read more
Abu dhabi: Abu Dhabi Securities Exchange (ADX) demonstrated significant growth across its key indicators in the first half of 2025, compared to the same period in 2024. According to Emirates News Agency, foreign net investment saw a remarkable 99.5 percent increase, surging from approximately AED6.84 billion in H1 2024 to over AED13.6 billion in H1 … Read more
Rio de janeiro: H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has wrapped up his visit to Brazil, where he led the UAE delegation at the 17th BRICS Summit in Rio de Janeiro. He represented President His Highness Sheikh Mohamed bin Zayed Al Nahyan during the summit. According to … Read more
Brussels: The European Union (EU) has announced plans to stockpile critical minerals as a safeguard against potential supply chain disruptions arising from geopolitical tensions, according to a draft document by the European Commission reported by the Financial Times. According to Emirates News Agency, the document outlines that the EU faces a complex and deteriorating risk … Read more
Dubai: The World Green Economy Summit (WGES), held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has consolidated its position as a catalyst for global climate action and a strategic platform to empower societies most vulnerable to the effects of climate change. This … Read more
Abu dhabi: Tadweer Group, the sole authority for waste management in the Emirate of Abu Dhabi and a subsidiary of Abu Dhabi Developmental Holding Company (ADQ), today announced that it has officially joined the United Nations Global Compact (UNGC). The milestone reinforces Tadweer Group’s commitment to unlocking the value of waste through innovative circular economy … Read more
Abu dhabi: The Central Bank of the UAE (CBUAE) imposed varying financial sanctions amounting to AED4,100,000 on three exchange houses, pursuant to Article (14) of the Federal Decree Law No. (20) of 2018 on Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organisations and its amendments. According to Emirates News Agency, the financial … Read more
Ajman: Ajman University (AU) has signed a strategic Memorandum of Understanding (MoU) with DIB, the world’s first Islamic bank and the largest in the UAE, to strengthen career pathways for Emirati students and support workforce readiness in alignment with national development priorities. According to Emirates News Agency, the agreement, signed by Dr. Karim Seghir, Chancellor … Read more