Category: Business

The Iraqi-Azerbaijani Businessmen Forum kicked off in the Azerbaijani capital, Baku, today, Tuesday, in the presence of the Minister of Trade, Athir Dawood Al-Ghariri, and the Azerbaijani Minister of Economy, Mikail Jabbarov.

In a speech he delivered…

ABU DHABI: The liquid assets of the UAE’s banking sector exceeded AED800 billion by the end of Q2 2024, according to the latest statistics of the Central Bank of the UAE (CBUAE).

The value of liquid assets recorded AED801.52 billion at the end of Q2 …

Over the past two decades, China expanded its presence in Africa through its economic and geographical influence across the continent, this strategy aligns with the ongoing international competition for influence and resources among major powers, par…

LONDON: The Middle East is on course to take US$75.63 billion of investment in renewable energy projects through to 2030. This is according to a new report released today by the Energy Industries Council, one of the world’s largest energy trade associ…

ABU DHABI: Microsoft Corp. and G42 have announced that they will be establishing two new centres in Abu Dhabi to advance their collective Responsible AI goals. The centres are part of their partnership announced earlier this year.

Co-founded and co-f…

DUBAI: EtihadWE has partnered with the Ministry of Energy and Infrastructure (MoEI) on a collaborative initiative aimed at promoting the use of renewable energy in the Northern Emirates.

The Distributed Solar System (DSS) project enables EtihadWE cus…

ABU DHABI: The third edition of the World Utilities Congress is underway in Abu Dhabi, bringing together global ministers, CEOs, and industry pioneers to address critical challenges in energy transitions, grid modernisation, and water security.

Under…

ABU DHABI: Banks’ investments in monetary bills and Islamic certificates of deposit (CD) reached AED226.9 billion at the end of the second quarter of this year, a year-on-year (YoY) increase of 10.3 percent compared to AED205.7 billion at the end of t…

ABU DHABI: Despite the complexity of varying data sovereignty laws, global investment in AI infrastructure remains robust, with investments striving to keep pace with the growing demand for data storage and processing, according to a G42 report.

Issu…

ABU DHABI: The Abu Dhabi Department of Energy (DoE), the regulatory body responsible for overseeing the energy sector in Abu Dhabi, has launched a series of Foresight Reports, in line with its commitment to adopting a proactive approach that enables i…