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The IMF is happy with the UAE’s reform and growth trajectory, based on its latest article IV consultation
The anticipated 2025 growth is driven by a projected 5.3% expansion in the hydrocarbon sector and a 4.6% rise in…
About-turns on India…
Masdar pulled the plug on the transaction without disclosing the reason
Covestro is a done deal
Adnoc now owns 95.1% stake of the company
Legend earmarks AED 500 mn to expand Jafza facility + M42 opens hospital in Bahrain
Plus: Edge inks US partnership for metal production
Taqa appoints Adrian Kershaw as CFO + Core42 appoints interim CEO
Taqa’s new CFO replaces Steve Ridlington, who will be retiring
Holcim launches project to mineralize CO2 underground in Fujairah
The facility will capture five tons of CO2 per day from Holcim’s cement plant
THIS MORNING: Abu Dhabi investor backs Paramount’s hostile bid for Warner Bros + Abu Dhabi gets fintech, insurance, digital assets cluster
Plus: Plenary sets up infrastructure investment platform in ADGM
UAE and Ecuador boost economic ties
Three agreements were signed focusing on investment ties, digital economy, and labor mobility
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