Tag: Economy

Masdar finalizes full acquisition of Terna Energy, marking the largest energy transaction on the Athens Exchange and boosting its European renewable portfolio to support 100 GW global target by 2030.

FAB revamps into four core divisions, reshaping leadership and aligning with UAE’s global ambitions in investment banking, energy, and digital finance.

Sculptor Capital Management gains ADGM approval, expanding UAE presence and unlocking sovereign wealth access for its $34bn alternative portfolio.

Abu Dhabi’s Mubadala buys into US gas and LNG projects, marking a major move in America's energy sector amid a $1.4 trillion UAE investment push.

The UAE encourages its richest families to create formal governance and family offices to manage $1 trillion in assets and prevent succession disputes.

RVCapital Management joins global shift to Dubai with new DIFC office and $1bn AUM, tapping Gulf sovereign capital and Asia-Europe trading advantages.

ADX attracts AED8.54bn in foreign capital in Q1 as new trading systems, ETFs, and tech-driven reforms position it as a top financial hub amid global volatility.

UAE President Sheikh Mohamed bin Zayed and Congolese President Denis Sassou Nguesso sign a landmark economic partnership agreement to eliminate tariffs, expand market access, and double bilateral non-oil trade by 2032.

On a landmark visit to India, Sheikh Hamdan bin Mohammed leads high-level talks on trade, fintech, and green energy, unveiling a $1B AI fund and plans for a Dubai-India Growth Corridor to boost bilateral trade and infrastructure integration.

In a strategic move to counter Chinese influence, the UAE and India have joined Sri Lanka to develop a major energy hub in Trincomalee, expanding Abu Dhabi’s Indian Ocean footprint and offering Colombo critical post-crisis investment and fuel access.