Partnership Between “Masdar” and “Total Energies” Worth $2.2 Billion
Abu Dhabi Future Energy Company, known as "Masdar," has entered into a binding agreement with TotalEnergies to establish a partnership where both parties will hold 50% stakes, with a total investment reaching up to $2.2 billion. This collaboration will...
UAE Participates in International Maritime Organization Facilitation Committee Meetings
The United Arab Emirates participated in the 50th session of the Facilitation Committee of the International Maritime Organization (IMO), held in London. The meeting included representatives from member states and relevant international organizations, with the UAE's permanent representative to...
Dubai Islamic Approves Cash Dividend Distribution of 2.53 Billion Dirhams
The Dubai Islamic Bank convened its annual general assembly meeting, where shareholders reviewed and approved all agenda items, including the bank's financial statements for the year ending December 31, 2025. The board recommended a cash dividend of 35 fils...
Agreement Between the Ministry of Economy and Dubai Financial Authority to Enhance Financial Services Growth
The Ministry of Economy and Tourism, along with the Dubai Financial Services Authority (DFSA), which serves as the independent regulatory body for banking services, asset management, and capital markets within the Dubai International Financial Centre (DIFC), has signed a...
Ajman’s Bank Launches “Talahum” Initiative for Frontline Staff
Ajman Bank has recently unveiled the “Talahum” initiative, aimed at supporting frontline workers in recognition of their essential role in community service and stability. This initiative offers a range of flexible banking benefits and solutions specifically tailored to meet...
Dubai Chamber Explores Strengthening Business and Investment Partnerships with China
Recently, the Dubai Chamber held a meeting with Li Xiangjing, the Chairwoman of the China Council for the Promotion of International Trade – Beijing, to discuss ways to enhance strategic partnerships and support the growth of trade and investment...
UAE Continues to Strengthen Its Investments in the Energy Sector in Europe and the Americas
Analysts have stated that the recent acquisition of a U.S. firm owning a natural gas pipeline by the United Arab Emirates underscores the nation’s commitment to enhancing its foreign energy investments. The Abu Dhabi-based company, Two Point Zero, confirmed...
Offers 7.2 Million Dirham Funding Guarantee to Support Advanced Industries
The Mohammed Bin Rashid Innovation Fund has announced a financing guarantee of 7.2 million dirhams for Fragrance Delivery Technologies (FDT), a Dubai-based company specializing in technological innovations. This funding aims to support the modernization of an advanced automation facility...
Global CEO: Gulf Countries Will Emerge Stronger, More Resilient, and Attractiven Ten Investors
Jonathan Goldstein, the CEO of Cain International, which manages assets exceeding $16 billion, has stated that the Gulf region will emerge as a significant growth story over the next decade. He pointed out that while the headlines are dominated...
DEWA General Assembly Approves Dividend Distribution of 3.1 Billion Dirhams for the Second Half of 2025
Dubai Electricity and Water Authority (DEWA), the exclusive provider of electricity services and listed on the Dubai Financial Market under the symbol (DEWA), announced that its shareholders have approved the distribution of a total dividend amounting to AED...