Brussels: The European Commission has raised £11 billion of EU-Bonds in its 7th syndicated transaction for 2026. The Commission, empowered by the EU Treaties, borrows from international capital markets on behalf of the European Union to finance select…
Africa: Africa attracted less foreign direct investment in 2025 than in the previous year. Yet the bigger story is that investors continue to position themselves in sectors that are becoming increasingly important to the global economy.
According to…
Abu dhabi: The Federal National Council (FNC) today approved a federal draft law on Cultural Heritage. The session was attended by Sheikh Salem bin Khalid Al Qasimi, Minister of Culture.
According to Emirates News Agency, before discussing the draft…
Dubai: Dubai maintained its strong economic performance in the first quarter of 2026, with the emirate’s Gross Domestic Product (GDP) reaching AED232 billion, representing a 2.4% increase from the same period last year.
According to Emirates News Ag…
Dubai: The Board of Directors of Etihad Credit Insurance (ECI) convened its first meeting under the new formation on Tuesday, chaired by Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade. The meeting outlined the company’s strategic roadmap fo…
Sharjah: DP World’s Marine Services business, Shipping Solutions, has expanded its fleet with the acquisition of DP World Indus, a 2,500+ TEU container vessel dedicated to supporting domestic coastal trade across India.
According to Emirates News Ag…
Johannesburg: ADNOC Distribution announced that it has entered a definitive agreement to acquire 100 percent of the share capital of Shell Downstream South Africa (SDSA) from Shell South Africa Holdings. The acquisition, valued at approximately $1 bil…
Sharjah: Rafid Automotive Solutions has announced that it recorded more than 330,000 activities and services during the first half of 2026, reflecting the strength of its integrated automotive solutions ecosystem and the efficiency of its operational …