Cairo: Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, has announced an ambitious five-year strategy to expand oil and gas exploration and production across the country.

According to Emirates News Agency, the plan includes drilling…

Abu dhabi: IHC, a global investment company, has unveiled plans to merge its flagship portfolio companies, 2PointZero, Multiply Group, and Ghitha Holding, into a singular investment powerhouse valued at approximately AED 120 billion. This merger aims …

Abu dhabi: As part of the UAE’s ongoing efforts to enhance its national cybersecurity framework and support secure and sustainable digital transformation, the UAE Cybersecurity Council and the Securities and Commodities Authority (SCA) have announced …

Dubai: Dubai Finance (DOF) announced an initial technical implementation aimed at facilitating the payment of government service fees through the instant settlement of digital assets in UAE dirhams. This development marks a significant step in the int…

Dubai: Eric Wan, Vice President of Alibaba Cloud International and General Manager for the Middle East, Trkiye, and Middle Asia, highlighted the significance of the UAE market for global investment due to its openness and diversity. Speaking at GITEX …

Abu dhabi: Abu Dhabi Fund for Development (ADFD) has signed a loan agreement with the Government of the Republic of Uganda valued at AED91.8 million (US$25 million) to support the development of a strategic road project that connects four key district…

Ras al khaimah: Ras Al Khaimah Economic Zone (RAKEZ) has welcomed more than 3,490 new companies in the third quarter of 2025. This robust performance reinforces RAKEZ’s standing as a preferred destination for entrepreneurs, SMEs, and multinational cor…