ABU DHABI: Abu Dhabi National Energy Company PJSC (‘TAQA’ or ‘the Group’) reported its earnings for the period ending 30 June 2024. TAQA delivered solid financial results, supported by stable returns from its Transmission and Distribution business and…
BEIJING: China’s Central Bank conducted 369.2 billion yuan (about 51.7 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.7 percent Wednesday.
The move aims to keep liquidity reasonable and ample in the banking system, the cent…
ABU DHABI: The Abu Dhabi Real Estate Centre (ADREC), the custodian and regulator of Abu Dhabi’s real estate sector, announced today that the Abu Dhabi real estate market has recorded a remarkable 225% surge in foreign direct investment for the first h…
DUBAI: A recent analysis by Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that Indian investors topped the list of new non-Emirati companies joining the chamber during the first half …
MANILA: The Pacific is projected to grow by 3.3% in 2024 and 4.0% in 2025, but the need to build resilience continues, according to the latest issue of the Asian Development Bank’s (ADB) Pacific Economic Monitor (PEM) launched Wednesday..
This growth…
ABU DHABI: Abu Dhabi Global Market (ADGM), the international financial centre (IFC) of the UAE’s capital, continued its impressive growth trajectory, reporting exceptional performance in the first half of 2024.
As the fastest-growing financial centre…
ABU DHABI: Abu Dhabi Securities Exchange (ADX) announced today that it has signed a memorandum of understanding (MoU) with the Armenia Securities Exchange (AMX), based in Yerevan, Armenia, to collaborate on a number of key initiatives.
The MoU highli…
ABU DHABI: Etihad Rail, the developer and operator of the UAE National Rail Network, has launched its Sustainable Finance Framework, a comprehensive guide designed to link the company’s future financing to its ESG Strategy in relation to Clean Transpo…
ABU DHABI: The Federal Tax Authority (FTA) has intensified its oversight activities across local markets, in collaboration with relevant entities, to combat tax evasion, protect consumer rights, and ensure compliance with tax legislation and procedure…
ABU DHABI: As part of its ongoing efforts to enhance the efficiency of customs operations across the border ports of Abu Dhabi, the General Administration of Abu Dhabi Customs has completed a project to equip its sea customs centers with advanced insp…
ABU DHABI: The Emirates Association for Franchise Development (FAD), chaired by Ahmed Khalifa Al Qubaisi, CEO of the Abu Dhabi Chamber and Chairman of FAD, today held its inaugural meeting.
The meeting was attended by FAD board members, including Moh…
KLAIPEDA: Rashed Al Qemzi is aiming for a second successive victory in Lithuania at the weekend to propel Team Abu Dhabi towards a standout triumph in the 2024 UIM F2 World Championship.
Chasing a place in the record books as the first five-time winn…
