The award will support the state-owned oil company’s plans to enable gas self-sufficiency for the UAE and cater to increasing global energy demand Abu Dhabi’s NPCC bags $548 million ADNOC contract to …
Abu Dhabi’s Second-Largest Bank Plans $1 Billion Bad Debt Sale
Most Read from BloombergAmazon Closes, Abandons Plans for Dozens of US WarehousesBed Bath & Beyond CFO Died in Fall From NYC BuildingNASA’s Artemis Rocket Is a Gigantic Waste of MoneyGermany to Make …
UAE: Shuttle bus launched between Abu Dhabi International Airport and Dubai
Francois Bourienne, Chief Commercial Officer at Abu Dhabi Airports, said: “Passenger convenience has been the underlying driver behind the introduction of this shuttle service f …
Leaders UAE 2022: RIB CCS’s Fady Kobersy as speaker
Fady Kobersy will be joining the panel discussion at the Leaders UAE 2022 event that discusses how timely analytics drive construction project execution. Leaders UAE 2022: RIB CCS’s Fady Kobersy as …
Pakistan floods: UAE’s Al-Futtaim Group donates Dh1 million worth of aid
The UAE’s Al-Futtaim Group has donated Dh1 million in aid to help those affected by the floods in Pakistan. In the past weeks, the south Asian country has received a record amount of rainfall, …
Dubai: Schools gear up for inspections by KHDA
Schools in Dubai are gearing up for the Knowledge and Human Development Authority’s (KHDA) school inspections this year.In the new academic year (or new term) the emirate’s education regulator will be …
Dubai court told of maid’s death after mistreatment
The life sentence given by Dubai Criminal Court to man who tortured and starved his maid to death was reduced to 15 years on appeal. A Dubai resident convicted of torturing …
Dubai’s DAMAC awards $85.3mln contracts for master development
Dubai property developer DAMAC has awarded new contracts worth AED313.5 million ($85.3 million) for its master development that includes the construction of close to 200 villas. The contracts awarded …
Shanghai Electric completes Phase B of solar facility in Dubai
Shanghai Electric has announced the completion of Phase B of the fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai.
UAE: New scheme to support startups, SMEs in space sector
The UAE Space Agency on Monday launched a scheme that would measure the space sector’s contribution to the country’s economy. The Space Sector Economic Survey — launched in collaboration with the …
Abu Dhabi-based Rebound launches global trading platform for recycled plastics
The new exchange will help shift plastics from regions that have inadequate recycling facilities to regions that are short of feedstock, addressing the challenges of reducing plastic waste while …
Abu Dhabi’s ADNOC awards $548mln EPC contract for Lower Zakum offshore project
Abu Dhabi National Oil Company (ADNOC) has awarded a $548 million engineering, procurement, and construction (EPC) contract to National Petroleum Construction Company (NPCC) to build a gas pipeline at …
World Disability Union Headquarters In Sharjah Wins Confidence Of UN
The result of the unanimous vote came in favour of the WDU’s headquarters in Sharjah after it earned the confidence of the member states in the elections that took place during the Economic and Social …
Dubai Salik IPO: When can investors expect first dividend?
The company will list its shares on the Dubai Financial Market at the end of September. Salik IPO comes in the wake of the Dubai Government’s announcement to list 10 entities on the local bourse to …
‘Salik’ announces intention to float on Dubai Financial Market
Salik Company, Dubai’s exclusive toll gate operator, today announced its intention to proceed with an initial public offering (IPO) and to list its ordinary shares for trading on the Dubai Financial …
( read original story …)
Regular investments, zero savings: How UAE parents are securing kids’ education
Some also rely on loans. In the UAE, where several financial solutions are available, providing for children’s education varies from one family to another. A cross-section of individuals shared with …
( read original story …)
Saudi Arabia Plays Catch up With UAE by Laying Out Crypto Ambitions
Mohsen Al Zahrani, a former Managing Director at Accenture, has been appointed to manage the Saudi Arabian Monetary Authority’s (SAMA) digital …