Business

ADNOC explores US gas deals as rising AI-driven power demand reshapes the global energy landscape, reports say.

XRG is reportedly evaluating 29 gas deals as ADNOC targets LNG expansion and growing demand from US data centres. Dubai: Abu Dhabi National Oil Company’s...

UAE Central Bank prohibits the use of WhatsApp and other messaging apps for financial customer communications.

Financial institutions have been instructed to provide updates on their compliance by April 30. The Central Bank of the UAE (CBUAE) has directed all licensed...

Dubai gold prices are rising, but remain Dh33 below their April peak.

Dubai gold prices edge higher after pulling back from their April highs, giving buyers space to reassess market conditions. Dubai: Gold prices in Dubai edged...

Sharjah has started demolishing the Khorfakkan entrance bridge as part of preparations for the University Tower project.

The project is intended to strengthen the city’s identity while enhancing its overall visual appeal. Sharjah Roads and Transport Authority has begun demolition work on...

Dubai Islamic Bank reported first-quarter revenue of Dh3.5 billion and a pre-tax profit of Dh2.1 billion.

Broad-based revenue growth across key business segments drove strong earnings for Dubai Islamic Bank. Dubai Islamic Bank, the UAE’s largest Islamic bank by assets, reported...

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