The changes in ownership suggest the emergency of a ‘shadow’ of LNG tankers linked to the Russian trade and with Dubai as their nexus.
UAE Raises Capacity at Offshore Oilfield as It Aims for 5 Million Bpd by 2027
ADNOC has increased oil production at its SARB field by 25% through the implementation of AI technology, bringing the UAE closer to its target of 5 million bpd by 2027.
Large-Scale Evacuation: Over 85 Palestinians Receive Critical Medical Care in Abu Dhabi
Over 85 sick and severely injured Palestinians, including 35 children, were evacuated from Gaza to Abu Dhabi for specialized medical care. This joint effort, supported by the WHO and UAE, marks the …
UFC Abu Dhabi Preview: Sandhagen vs. Nurmagomedov, Magomedov vs. Oleksiejczuk
Following a trip to Manchester, England for UFC 304, the UFC heads to Abu Dhabi this week for a UFC Fight Night event that goes down at the Etihad Arena.
Synapse’s collapse has frozen nearly $160M from fintech users — here’s how it happened
The collapse and bankruptcy of BaaS fintech Synapse has revealed how treacherous things are for the often-interdependent fintech world when one key player hits trouble. Synapse operated a service …
TFSF Pulse Enhances Alternative Payment Options To Drive Merchant Adoption
In an era where digital transactions are becoming the norm, TFSF Pulse remains at the forefront of the evolving digital economy by continuously offering payment methods designed to meet the diverse …
Russia will use cryptocurrency to handle backlogged payments to allies amid Western sanctions: reports
Moscow tried to tackle its financial needs by shifting over to ally currencies, but struggled to skirt the threat of secondary sanctions due to the use of dollars and euros globally.
Russia will use cryptocurrency to handle backlogged payments to allies amid Western sanctions: reports
Moscow tried to tackle its financial needs by shifting over to ally currencies, but struggled to skirt the threat of secondary sanctions due to the use of dollars and euros globally.
Russia Legalizes Bitcoin And Crypto for International Trade To Bypass Sanctions
However, the new law doesn’t lift the existing ban on crypto payments inside the country. In a significant legislative move, Russian lawmakers have passed a bill permitting businesses to use Bitcoin …
Sharjah’s Real Estate Trading Value Reaches Dh18.2 Billion In H1 2024
According to the semi-annual report on the real estate sector issued by Sharjah Real Estate Registration Department, the sector was valued at Dh18.2 billion. This is mainly due to the increase in …
Dubai: Al Ansari Financial Services Fully Acquires Bahrain’s BFC Group For Dh735 Million
( MENAFN – Khaleej Times) Al Ansari financial Services on Tuesday said that it has fully acquired Bahrain-based BFC Group for $200 million (Dh735 million). The consolidated revenues of the combined …
UAEU Reviews Final Design of Advanced Earth Observation Satellite, Arab Satellite 813
The UAE University’s National Space Science and Technology Center reviewed the final design of the Arab Satellite 813, an advanced earth observation satellite. Funded by the UAE Space Agency, the …
US-Saudi space deal shakes up new “space race”
On July 16, the United States and Saudi Arabia announced a new framework for space collaboration and civil aeronautics that shakes up the space race. The agreement marks a turning point for the …
NSSTC reviews Arab Satellite 813’s final design, moves to AI&T
The National Space Science and Technology Center (NSSTC) at the UAE University held a series of sessions to review the final design of the Arab Satellite 813, an advanced earth observation satellite …
Press Release: AirFi deploys wireless IFE onboard Etihad narrowbodies
AirFi is pleased to announce that Etihad Airways has equipped ten Airbus A320 aircraft with its portable wireless IFE.
Dubai RTA Trials Smart Inspection Vehicles for Rail Monitoring
Dubai’s RTA has begun a trial of smart inspection vehicles to enhance rail network monitoring. The vehicles, equipped with AI and cameras, aim to improve inspection efficiency, ensure safety, and …
UAE’s well-timed LNG expansion [Global Gas Perspectives]
Qatar and the US were best-placed to capitalise on the global shortage of LNG. But the UAE will join them in expanding its capacity, after cutting domestic gas demand to free up supplies for export.