Abu dhabi: IHC, a global investment company, today announced an increase in its stake in Invictus Investment Company PLC to around 40 percent. This move was made through the acquisition of 196 million shares, representing an additional 17.50 percent s…
Manama: The Gulf Cooperation Council Interconnection Authority (GCCIA) and the Ministry of Electricity of the Republic of Iraq have finalized plans for a significant electricity interconnection project. The final preparations were discussed during a r…
Abu dhabi: Dr. Thani Bin Ahmed Al Zeyoudi, Minister of Foreign Trade of the UAE, led a high-level delegation to Cyprus to enhance trade and investment relations, accompanied by UAE Ambassador to Cyprus, Mohammed Saif Al Shehhi. The visit resulted in t…
Berlin: Berlin’s tourism sector has experienced a notable downturn in 2025, with final figures expected to fall short of the significant milestone of 30 million overnight stays achieved last year. The city is the only major German destination to recor…
Brussels: In the third quarter of 2025, 49.3% of net electricity generated in the EU came from renewable energy sources, an increase of 3.8% compared with the 47.5% registered in the same quarter of 2024, according to figures by Eurostat, the statisti…
Abu dhabi: The United Arab Emirates has reinforced its status as a premier global hub for modern finance and digital assets, capitalizing on its strategic location, economic stability, and advanced legislation that fosters innovation in digital financ…
Rome: Renewable water availability per person has continued to decline by a further 7% over the past decade, while pressure on already scarce freshwater resources is increasing in several regions, according to the 2025 AQUASTAT Water Data Snapshot rel…
Brussels: In 2025, 20% of enterprises in the European Union with 10 or more employees utilized artificial intelligence (AI) technologies in their operations. This marks a substantial increase of 6.5 percentage points from the 13.5% recorded in 2024. C…
Abu dhabi: The African Development Bank has unveiled a strategic roadmap aimed at harnessing the potential of artificial intelligence (AI) to drive economic growth and social development across Africa. Developed by the G20 Digital Transformation Worki…
Abu dhabi: The Abu Dhabi Investment Office (ADIO) has announced a partnership with the Sino-International Entrepreneurs Federation (SIEF) to connect its global network of businesses and institutional investors with Abu Dhabi’s growing ecosystem.
Acc…
Abu dhabi: The Abu Dhabi Investment Office (ADIO) has announced a strategic collaboration with Primavera Capital, a global investment management firm, to increase cross-border capital flows and expand the global presence of companies in Abu Dhabi. Thi…
Abu dhabi: Flydubai, the Dubai-based airline, has inaugurated its first direct service to Riga, the capital of Latvia, with the commencement of a three-times-weekly service connecting Dubai International (DXB) and Riga Airport (RIX). The inaugural fli…
