UAEs
Three Abu Dhabi giants plan stablecoin backed by UAE’s currency
Growing popular worldwide, stablecoins are typically pegged to traditional currencies, which makes them less vulnerable to price volatility like other digital tokens, such as BitcoinPublished Tue, Apr 29, 2025...
China’s Cnooc agrees LNG deal with UAE’s Adnoc amid tariff war with US
Published Tue, Apr 22, 2025 · 09:56 AM[SINGAPORE] China National Offshore Oil Corporation (Cnooc) has agreed a term deal to buy liquefied natural gas (LNG) from Abu Dhabi National...
Indonesia says UAE’s Emirates Global Aluminium plans nuclear power plant
UAE firm Emirates Global Aluminium (EGA) plans to build a nuclear power plant with a capacity of up to five gigawatts in Indonesia, the Indonesian economic affairs ministry said...
UAE’s Adnoc to deploy autonomous AI in the energy sector for the first time
UAE energy giant Adnoc will apply highly autonomous agentic artificial intelligence in the energy industry for the first time, in partnership with G42, Microsoft and AIQ, its CEO Sultan...
Lulu Retail seeks to raise up to 5.27 billion dirhams in UAE’s biggest IPO this year
LULU Retail Holdings, which runs one of the Middle East’s biggest hypermarket chains, said on Monday (Oct 28) it aims to raise up to 5.27 billion dirhams (S$1.9 billion)...
Tether to launch stablecoin pegged to UAE’s dirham
CRYPTOCURRENCY company Tether said on Wednesday (Aug 21) it plans to provide a new stablecoin pegged to the United Arab Emirates (UAE) dirham as it taps demand for the...
Japan’s JBIC Inks $3 Billion Green Financing Deal With UAE’s ADNOC
Japan Bank for International Cooperation, also known as JBIC has signed a green finance agreement worth $3 billion with United Arab Emirates' Abu Dhabi National Oil Company.According to a...
UAE’s top bank FAB beats Q1 profit estimates
THE United Arab Emirates’ biggest lender by assets, First Abu Dhabi Bank (FAB) beat estimates on Wednesday (May 1) with first-quarter net profit of 4.15 billion dirhams (S$1.54 billion).The...
