Abu Dhabi: EMSTEEL, a major player in the steel and building materials sector, has embarked on a significant partnership with Finland’s Magsort to advance the production of decarbonised cement. This alliance marks a pivotal step in EMSTEEL’s ongoing e…

Abu Dhabi: Elsewedy Electric Transmission and Distribution (Elsewedy Electric T and D) has affirmed that its participation in the World Utilities Congress 2025 serves as a strategic platform for engaging with key clients, partners, and suppliers.

Ac…

Sharjah: Sharjah Islamic Bank (SIB) has successfully priced US$ 500 million perpetual Additional Tier 1 sukuk with a fixed profit rate of 6.125 percent and a six-year non-call period, marking a significant achievement as the tightest set AT1 Issuance …

Abu Dhabi: ADNOC Drilling Company announced that it has signed an agreement to acquire a 70% stake in SLB’s land drilling rigs business in Kuwait and Oman, which includes eight fully operational land rigs under contract with the respective national oi…

Kuwait City: The Kuwaiti crude oil price decreased by 17 cents during Wednesday’s trading session, reaching $64.09 per barrel, as reported by the Kuwait Petroleum Corporation on Thursday.

According to Emirates News Agency, Brent futures experienced …

Paris: A UAE delegation has completed a three-day visit to France, aimed at exploring collaboration opportunities in the fields of hydrogen and nuclear energy. The visit was an effort to share best practices and leverage innovative solutions to addres…

Abu Dhabi: The Central Bank of the UAE (CBUAE) has imposed a financial sanction of AED100 million on an exchange house, pursuant to Article (137) of the Decretal Federal Law No. (14) of 2018, concerning the Central Bank and Organisation of Financial I…

Dubai: Dubai Chamber of Commerce, one of the key institutions under Dubai Chambers, has successfully convened 180 bilateral business meetings in Manila. These meetings connected companies from Dubai with their counterparts in the Philippines, marking …