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Emsteel + Adnoc Gas sign 20-year gas supply agreement
The company is boosting its efforts to reduce emissions across its operations
THIS MORNING: Driverless taxis are now on Uber in Abu Dhabi + ENBD CEO breaks down plans post-acquisition of RBL
Plus: Petrofac files for insolvency for its Middle East unit
THIS MORNING: Airtel Money looks set for a UAE IPO in 2026 + New mall coming?
Plus: Petrofac UAE projects are on track despite layoffs
BMI upgrades GDP forecast to 5.2% in 2025 and 5.6% in 2026
The growth is backed by Dubai’s stellar 2Q performance and a higher oil production forecast
THIS MORNING: UAE plans to invest USD 1 bn in African AI projects + IHC eyes Lukoil’s assets
Plus: An end to the RedBird IMI Telegraph saga?
THIS MORNING: FAB plans new AT1 issuance + IHC eyes USD 25 bn from minority holding
Plus: Abu Dhabi courts global contractors for USD 54 bn project pipeline
THIS MORNING: Adnoc eyes Lukoil’s natural gas assets + South Korea joins Stargate UAE
Plus: CBUAE scraps AED 5k salary requirement for all banks
THIS MORNING: Wood Group’s shareholders approve Sidara acquisition + Space sector strategy for private sector coming?
Plus: New 2PointZero entity eyes earnings jump next year
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