Browsing: Business
MENA Newswire News Desk: The Abu Dhabi Securities Exchange (ADX) executed 15 large direct transactions today, involving shares from ADNOC Gas Plc and Modon Holding PSC. The…
A new IEA report highlights growing investment in low-emissions hydrogen projects but stresses the need for stronger policies to boost demand in key sectors such as industry and transport.
The UAE’s insurance sector recorded AED 2.5 billion in profits for 2023, driven by higher investment income, and witnessed a sharp rise in written policies, according to the Central Bank of the UAE.
The Abu Dhabi Securities Exchange logged 15 large direct deals involving shares of ADNOC Gas and Modon Holding, totaling AED 2.66 billion in transactions across two major sectors.
MENA Newswire News Desk: Abu Dhabi Future Energy Company, also known as Masdar, has officially closed its acquisition of a 50% stake in…
The EU imported 2.7 million tonnes of coffee from non-EU countries in 2023, valued at €10.6 billion, with Brazil and Vietnam supplying 58% of total imports, according to Eurostat.
Azizi Developments has signed a 50-year lease in KEZAD to build 12 factories worth AED1 billion, supporting modular construction and sustainable practices in the real estate sector.
Masdar has finalized the acquisition of a 50% stake in Terra-Gen from Energy Capital Partners, further strengthening its position in the U.S. renewable energy sector.
Federal Reserve Chair Jerome Powell emphasized a cautious approach to future rate cuts, noting that the Fed will act based on economic conditions, inflation trends, and the job market.
MENA Newswire News Desk: Global rice prices declined on Monday following India’s decision to resume non-basmati white rice exports, marking a significant…