Business

Dubai: Nakheel, part of Dubai Holding Real Estate, has awarded three major contracts, collectively valued at over AED750 million, for infrastructure works on Palm Jebel Ali, which are scheduled for completion in Q4 2026. The contracts, awarded to DBB …

Abu Dhabi: XRG, the international investment arm of ADNOC, announced today that an XRG-led consortium has submitted an indicative non-binding offer to acquire Santos, a leading international energy company providing reliable, affordable, and cleaner e…

Venice: COIMA SGR, a leading Italian real estate investment and asset manager, has finalized an agreement to acquire 100 percent of the legacy debt on the historic Grand H´tel des Bains, paving the way for the full restoration of the landmark property…

Abu Dhabi: ADNOC Drilling Company PJSC has revealed the appointment of Abdulla Ateya Al Messabi as its new Chief Executive Officer. Abdulrahman Abdulla Al Seiari, the current CEO, is set to retire at the end of the year after serving ADNOC and ADNOC D…

Beijing: China’s economy continued its recovery trend in May amid robust macroeconomic policies despite mounting external uncertainties, official data showed on Monday.

According to Emirates News Agency, data released by the National Bureau of Stati…

Paris: Shaikha Nasser Al Nuaimi, the Secretary-General-elect of the United Nations World Tourism Organisation (WTO) for the 2026-2029 term, participated in the VivaTech 2025, the world’s rendezvous for startups and leaders to celebrate innovation. The…

Vienna: Non-DoC liquids supply, which refers to liquids supply from countries not participating in the Declaration of Cooperation (DoC), is projected to increase by approximately 0.8 million barrels per day (mb/d) in 2025, reaching an average of 54.0 …

Kuala Lumpur: The ‘Energy Asia 2025’ conference, themed ‘Delivering Asia’s Energy Transition’, from June 16 to 18, will be an opportune moment for Malaysia and the region to take stock of progress made towards energy transition objectives and reinforc…