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UAE’s first large-scale methanol plant obtains $2 billion financing package

Business Staff Writer -
Financial close brings the TA’ZIZ methanol project in Ruwais closer to its targeted 2028 start-up. Dubai: TA’ZIZ has secured $2 billion in financing for the...

Enercap to build a 36GW energy storage battery facility in Abu Dhabi

Business Staff Writer -
Enercap is expanding its advanced battery manufacturing capacity to support growing demand for clean energy solutions. ABU DHABI: Enercap, a subsidiary of Apex Investment PSC,...

EMDAD chief says UAE’s exit from OPEC is expected to generate more job opportunities.

Business Staff Writer -
Plans to increase oil capacity are expected to boost demand for workers, equipment, and field services. Dubai: The UAE’s withdrawal from OPEC is expected to...

Oil prices fall sharply as risk sentiment weakens, with major benchmarks declining significantly.

Energy Staff Writer -
WTI and Brent crude prices decline as investors take profits, while weaker economic data from China and the US dampens the demand outlook. Global oil...

Oil prices surge as a “dual blockade” at the Strait of Hormuz leaves global markets bracing for shock.

Business Staff Writer -
Oil benchmarks rally sharply, heightening concerns over renewed risks to global supply. Oil benchmarks surged sharply, renewing fears over global supply disruptions. Brent crude futures jumped...
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UAE’s GEMS Education to introduce AI teacher avatars across its schools

UAE News 0
Digital twins of teachers to give UAE students access...

How Yas Island is attracting a Dh30 billion-plus development wave

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Homes, hotels and global attractions are transforming the island...

Saudi Arabia, Pakistan sign visa-waiver agreement for diplomatic passport holders

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Agreement signed on sidelines of UN General Assembly to...

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