Tag: uae

ADQ, the Abu Dhabi-based investment and holding company, has become an investor alongside Bank of Montreal (BMO) in Canadian alternative asset management company Sagard. ADQ and BMO have respectively …

The United Arab Emirates’ incoming COP28 president urged the energy industry on Thursday to “step up its game” towards building a clean energy system. Oil and gas firms need to achieve net-zero emissions by or before 2050 while an industry-wide commitment to reach near-zero methane emissions by 2030 needs to be accelerated,

The UAE plans to triple its solar capacity before 2030. Energy and Infrastructure Minister Suhail Al Mazrouei tells CNBC’s Dan Murphy after the country announced its plans to invest $54 billion in a net-zero push.

President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to President Azali Assoumani of Comoros on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum,

Russia will cut oil exports by 500,000 barrels per day (bpd) in August, President Putin’s point man on oil said on Monday, as Moscow seeks to nudge up global oil prices in concert with Saudia Arabia.

Fitness centres and gyms in Dubai will be star-rated as per a new system announced on Thursday. The Dubai Sports Council said the first-of-its kind classification system will rate centres with a …

Verition Fund Management is opening an office in Dubai, joining industry heavyweights Millennium Management and ExodusPoint Capital Management who’ve recently expanded to the emirate. Most Read from …

Emirate launched its first urban plan back in 1960 and is currently in the process of realising its 7th development plan …

A gilded mansion in Dubai is now the city’s priciest listing. Decorated with 700,000 sheets of gold leaf and 160 columns, the mansion is listed for AED 750 million (US$204.2 million).