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Posted on 15/01/2025

Italy, Albania, UAE sign deal for Adriatic energy link

Italy, Albania and the United Arab Emirates (UAE) signed on Wednesday a deal worth at least 1 billion euros ($1 billion) to build a subsea interconnection to import renewable energy across the …

Posted on 15/01/2025

Former CEO Arul Kanda says he met Jho Low in Abu Dhabi four years prior to joining 1MDB

Former chief executive officer of 1Malaysia Development Berhad (1MDB) Arul Kanda Kandasamy told the High Court here today that he met fugitive …

Posted on 15/01/2025

BT Properties Dubai: Shaping the Future of Urban Living

Dubai has long been known for its unmatched urban growth, elegance, and innovation. BT Properties, a prominent real estate company at the center of this changing landscape, is redefining urban living …

Posted on 15/01/2025

Azizi Arian project launched in Jebel Ali Free Zone

Azizi Developments, a leading private developer in the UAE, has launched Azizi Arian, an aspirational living concept located within the Jebel Ali Free Zone (Jafza).

Posted on 15/01/2025

SOCAR paid $285 mln for 3% stake in offshore UAE concession acquired from ADNOC

BAKU. Jan 15 (Interfax) – The State Oil Company of Azerbaijan Republic (SOCAR) paid $285 million for last year’s acquisition of a 3% stake in the SARB, Umm Lulu, Bin Nasher and Al Bateel offshore …

Posted on 15/01/2025

Etihad Cargo operates over 300 flights from Ezhou to Abu Dhabi

Etihad Cargo and SF Airlines operate seven weekly flights from Ezhou to Abu Dhabi, ensuring seamless connections to global markets and bolstering capabilities for specialised cargo, including …

Posted on 15/01/2025

UAE and New Zealand trade to triple after Cepa deal

The UAE’s Cepa programme, launched in September 2021, aims to increase its non-oil trade to $1.1 trillion in value by 2031 and double the size of its economy to over $800 billio …

Posted on 15/01/2025

‘In many ways the UAE embodies the nexus of next’ – ADSW

The UAE showcases its transformation from desert nation to renewable energy pioneer through groundbreaking initiatives and a $6 billion solar megaproject, while addressing crucial challenges in global …

Posted on 15/01/2025

Arab Health 2025: Dubai event to showcase $780bn healthcare market

According to insights from Verified Market Research the consumer healthcare market size was valued at $360bn in 2023 and is projected to reach $780bn by 2030, growing at a CAGR of 8.8 per cent during …

Posted on 15/01/2025

Dubai to get new landmark: Crypto Tower to be completed in 2027

Crypto Tower will also have high-end features such as an NFT art gallery, a gold bullion shop, an exotic car dealership and a dedicated vault storage area …

Posted on 15/01/2025

Italy, Albania, UAE sign deal for energy subsea interconnection

Italy, Albania and the United Arab Emirates signed on Wednesday a deal worth at least 1 billion euros ($1 billion) to build a subsea interconnection for renewable energy across the Adriatic Sea.

Posted on 15/01/2025

UAE launches world’s first 24/7 solar PV battery storage gigascale project

The United Arab Emirates (UAE) has launched the world’s first large-scale round-the-clock gigascale energy storage project in Abu Dhabi, combining solar power and battery storage in a significant …

Posted on 15/01/2025

Coldplay Abu Dhabi: UAE’s biggest concert wraps up with record number of 200,000 attendees

The concert was presented by Live Nation Middle East and supported by the Department of Culture and Tourism Abu Dhabi (DCT) …

Posted on 15/01/2025

Abu Dhabi-based BWI announces Blaize’s successful IPO on NASDAQ

The company’s listing was done through BurTech Acquisition Corporation, a Special Purpose Acquisition Company (SPAC) owned by BWI with a valuation of $1.2 billion …

Posted on 15/01/2025

Drake & Scull’s former CEO and ex-employee ordered by court to pay $41.3m

Dubai-based contractor Drake & Scull International’s former chief executive and a former employee have been ordered by a court to pay the company Dh151.9 million ($41.3 million) to compensate for …

Posted on 15/01/2025

UPI acceptance in UAE expands: Indian travellers can now use UPI at more locations

Indian travellers to the UAE can now use the Unified Payments Interface (UPI) at an expanded range of merchant locations, following the partnership between NPCI International Payments Limited (NIPL) …

Posted on 15/01/2025

UAE’s top lender FAB makes changes to senior management team

First Abu Dhabi Bank (FAB), the UAE’s top lender by assets, has started the year by making key changes to its leadership structure. Zawya has learnt that the bank has sent out a notification to its …

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