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Tag: fintech

Posted on 14/02/2025

India Energy Week 2025: IOC, BPCL ink pacts with UAE to import LNG

The biggest deal was signed by public sector oil marketing company IOC. It inked an agreement to import LNG from UAE’s Abu Dhabi National Oil Co.

Posted on 14/02/2025

Musk’s company in deal to develop Dubai Loop project

A 17 km-long underground transport system, Dubai Loop will feature 11 stations, and is designed to transport over 20,000 passengers per hour …

Posted on 14/02/2025

ALT5 Nominated for SiGMA Best Online Payment Services 2025, Exhibiting at SiGMA Eurasia in Dubai, February 23-25

ALT5 Sigma Corporation (NASDAQ:ALTS), a leading fintech company specializing in next-generation blockchain-powered technologies for tokenization, trading, clearing, settlement, payment, and the …

Posted on 14/02/2025

IER Moves Forward With Dubai Narrowbody Engine MRO Facility

DUBAI—IER MRO Industries, the maintenance business of industrial gas turbine specialist International Energy Resources, is looking to break ground this summer on its planned commercial engine overhaul …

Posted on 14/02/2025

Musk calls for U.S. to “delete entire agencies” at home and “mind its own business” at times abroad

Elon Musk called for the government to “delete entire agencies” at home and “mind its own business” abroad in a speech via video link to the World Governments Summit in Dubai.

Posted on 13/02/2025

IOC signs long-term LNG import deal with UAE firm

Indian Oil Corporation (IOC), the nation’s largest oil firm, has signed a $7-9 Billion deal to import LNG from UAE on a long-term 14-year contract. IOC signed a long-term deal to receive 1.2 Million …

Posted on 13/02/2025

Sharjah Ruler inaugurates new building for Sharjah Scout Mission

H.H. Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, inaugurated the new building for the Sharjah Scout Mission (SSM) on Thursday. H.H. Sheikh Dr. Sultan also …

Posted on 13/02/2025

WHO says UAE reports first case of new clade 1b mpox

World Health Organization said on Thursday that United Arab Emirates has reported its first detection of Clade 1b mpox in the country.

Posted on 13/02/2025

UAE: ADNOC Drilling reports record net profit of $1.3bln in 2024

For the fourth quarter 2024, revenue grew 41 percent year-on-year to AED4.37 billion (US$1.19 billion), driven by increased activity and growth of onshore and offshore fleets and the expansion of …

Posted on 13/02/2025

UAE expects more cooperation with China in maritime industry

Zhang Yiming, China’s ambassador to the UAE, speaks during a maritime event in Dubai on Thursday. Cui Haipei / China Daily “Currently, the global shipping industry is facing both opportunities and …

Posted on 13/02/2025

Indian Oil Corporation Inks Historic LNG Import Deal with UAE

Indian Oil Corporation (IOC) has finalized a USD 7-9 billion agreement with ADNOC Gas for importing LNG from the UAE. This 14-year contract highlights growing energy collaborations between India and …

Posted on 13/02/2025

Dubai Chambers: UAE achieved remarkable growth in AI adoption within companies

Politically and commercially, the UAE is focused on creating a supportive business environment by opening new doors for investment and expansion opportunities …

Posted on 13/02/2025

Powering MENA’s digital future: How UK fintech is driving transformation

UK fintech leaders are collaborating with the Middle East to enhance cashless societies and payment ecosystems, elevating financial connectivity and innovation …

Posted on 13/02/2025

UAE’s ADNOC Signs Up to $9-Billion LNG Supply Deal With Indian Oil

ADNOC Gas has signed a 14-year agreement to supply up to 1.2 million tonnes per annum of LNG to Indian Oil, valued at between $7 billion and $9 billion.

Posted on 13/02/2025

Indian Oil Signs Historic LNG Import Deals with UAE and Beyond

Indian Oil Corporation has entered a long-term agreement with UAE’s ADNOC Gas to import liquefied natural gas over 14 years, valued at $7-9 billion. Additionally, other significant deals were signed …

Posted on 13/02/2025

IOC signs $7-9 bn long-term LNG import deal with UAE firm

“ADNOC Gas has signed a 14-year sales and purchase agreement with Indian Oil Corporation Ltd (IOC) for the export of up to 1.2 million tonnes per annum (mtpa) of Liquefied Natural Gas (LNG) to India’s …

Posted on 13/02/2025

IOC signs $7-9 billion long-term LNG import deal with UAE firm

Indian Oil Corporation (IOC), the nation’s largest oil firm, has signed a USD 7-9 billion deal to import LNG from UAE on a long-term 14-year contract. IOC signed a long-term deal to receive 1.2 …

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