UAE debt market hits USD 320 billion as dollar issuance surges 40%
The market expanded despite regional volatility, with Emirati banks and companies turning increasingly to international bond and sukuk markets...
Tag : UAE
UAE’s e& exits Vodafone as Xavier Niel becomes largest shareholder in USD 5.95 billion deal
e& built its Vodafone position gradually, starting with a 9.8% stake bought for USD 4.4 billion in 2022, back when the company was still known as Etisalat...
With 700 projects worth USD 138 billion, UAE emerges as Gulf’s leading real estate market
As per the Abu Dhabi Chamber of Commerce and Industry, UAE currently has a broad pipeline of projects that are either under way or ready for execution...
With the launch of Abu Dhabi-Fujairah route, UAE’s ‘Rail Age’ begins
For UAE, whose identity revolves around aviation and motorways, the sight of commuters queuing for a train ticket marks a genuine cultural shift...
Nigeria’s Dangote refinery imports crude from UAE’s ADNOC for first time
Dangote imported one cargo of Umm Lulu crude and another of either Das or Murban crude in June, reports stated...
Kuwait’s Q1 2026 trade exchange falls to 7.2 billion dinars, says government data
Total exports dropped by 20.5% to 4.502 billion dinars from 5.66 billion dinars in the Q1 2025. Imports declined as well, falling 12.3% to 2.734 billion dinars...
Iran war presses the requirement for Islamic derivatives, says Fitch
Key barriers to the wider adoption of Islamic derivatives include sharia restrictions, infrastructure gaps and OIC's still-evolving financial systems...
All you need to know about Hafeet Rail, envisioned to deepen Oman-UAE ties
Sohar Port, a deep-sea port in the Sultanate of Oman, located midway between Muscat and Dubai, will be among the project's primary beneficiaries...
Iran war, weak yen make Japan’s crude import troublesome affair
Japan, the world's fifth-largest oil importer, got just 850,000 bpd of crude oil in April, against the established capacity of over 2.3 million bpd...
Oman, UAE activate “Logistics Corridor” initiative to ease cargo flow
The "Logistics Corridor" links Oman’s ports and industrial zones with Sharjah’s ports and land transit network through the Khatmat Malaha border crossing...