European Union regulators set to pause subsidy probe into ADNOC’s Covestro deal
ADNOC's acquisition of Covestro in October 2024 was the largest to date and marked one of the biggest foreign takeovers of a European Union company by a Gulf state...
Tag : Abu Dhabi
Chipmaker GlobalFoundries appoints Tim Breen as CEO
Tim Breen has led GlobalFoundries’ global operations, including manufacturing, quality, supply chain, and IT, as COO since 2023...
Business Leader of the Week: Khaldoon Al Mubarak-led Mubadala is now world’s top wealth fund spender
In the Middle East, Khaldoon Al Mubarak is regarded as one of the most powerful businessmen...
Middle East: The real estate empire
Real estate symbolises national progress and reflects a country's economic aspirations...
Sudan scraps USD 6 billion UAE port deal, citing Gulf country’s RSF support
by WebAdmin
The UAE is dependent on imported food, and has reportedly invested heavily in agricultural land in Sudan...
Post G42 investment, Microsoft to set up AI development centre in Abu Dhabi
Microsoft and G42 announced that they would establish two centres in Abu Dhabi to work on responsible artificial intelligence initiatives...
Airports in Abu Dhabi experience 40% surge in travellers
Regarding aircraft traffic, Abu Dhabi's airports experienced significant increases in 2023...
Emirates floods to impact insurance companies in UAE
Post-flood infrastructure improvements will stimulate demand for insurance, hence promoting higher insurance penetration in the UAE...
Four strategies shaping Dubai into the city of tomorrow
The largest airport in the world, Al Maktoum International, is located in Dubai, a city known for its brightly lit skyscrapers and busy streets...