Oil prices climbed by more than 3% during trading today, driven by robust gains in both Brent crude and US West Texas Intermediate (WTI) benchmarks. Brent crude futures increased by US$2.67, or 3.51%, ...
Global natural gas consumption is forecast to decline for the third time in seven years, even as increased LNG supplies from producers outside the Middle East help offset losses caused by regional ...
ADNOC Distribution has signed a definitive agreement to acquire 100% of the share capital of Shell Downstream South Africa (SDSA) from Shell South Africa Holdings in a transaction with an implied ...
Dubai’s largest lender, Emirates NBD, said in a stock exchange filing on Thursday that there were no new developments requiring it to respond to media reports published earlier this week about a ...
Gulftainer has announced a US$2 billion strategy to transform its business into a global trade infrastructure platform by integrating ports, maritime shipping, inland logistics, industrial ecosystems ...
Nearly 1,700 British investors have filed a lawsuit against Binance and its founder, Changpeng Zhao, seeking at least £150 million ($200 million) in damages over the alleged sale of high-risk crypto ...
ADNEC Group, the driving force behind Modon’s events, catering and tourism portfolio, recorded its strongest performance to date in 2025, delivering a record economic contribution while achieving new ...
Gold prices edged lower on Tuesday after climbing to a two-week high, as investors awaited the release of the US Federal Reserve’s June meeting minutes for clues on new Chair Kevin Warsh’s monetary ...
Ajman Municipality has unveiled the AM30x30 Agenda, a long-term urban development programme comprising 30 projects across five strategic packages with a total investment of AED1.8 billion ($490 ...
BlueFive Capital, the Abu Dhabi-based investment platform, has co-led a funding round of nearly $3 billion for Chinese AI video generation company Kling AI, valuing the firm at $18 billion. The ...
Abu Dhabi Commercial Bank (ADCB) has extended branch operating hours after intermittent disruptions to several banking services continued into Friday, with technical teams working to restore normal ...
The transaction resulted in a net equity adjustment of $15.1 billion (SAR56.5 billion) between PIF and its owner, the Saudi government. The financial statements did not disclose which assets were ...
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