The Ministry of Climate Change and Environment (MOCCAE) has signed a Memorandum of Understanding (MoU) with the Mohammed Bin Rashid Space Centre (MBRSC), to collaborate on environmental data and geospatial mapping.
Tag: Economy
Fertiglobe reports Q3 2024 revenues of $496 million
Fertiglobe today reported Q3 2024 revenues of $496 million, adjusted EBITDA of $176 million, and adjusted net profit of $31 million.
ADNOC Gas to acquire 60% stake in Ruwais LNG from ADNOC
ADNOC Gas announced today it expects to acquire ADNOC’s 60% stake in the Ruwais Liquified Natural Gas (LNG) plant in the second half of 2028 at cost.
DIFC completes on-time repayment of $700mn Sukuk
Dubai International Financial Centre (DIFC) today announced the full redemption and on-schedule repayment of a US$700mn Sukuk.
AED 1.3 billion of real estate transactions in Central, Eastern regions of Sharjah
A recently published report on the movement of real estate transactions, issued by Sharjah Real Estate Registration Department, has revealed that the cash trading volume in the “Central and Eastern” regions of the emirate reached AED 1.3 billion during the first nine months of 2024, and with a growth rate of 57.6 percent compared to last year.
Emirates to participate in Bahrain International Airshow 2024
Emirates has announced that it will be participating in the 7th edition of the Bahrain International Airshow (BIAS) 2024, set to take place from 13th to 15th November at the Sakhir Airbase in Manama.
UAE hosts GCC workshop on financial action task force mutual evaluation strategies
The UAE’s National Anti-Money Laundering and Combatting the Financing of Terrorism and Financing of Illegal Organisations Committee (NAMLCFTC) hosted a collaborative workshop with the Cooperation Council for the Arab States of the Gulf (GCC), counterparts to discuss the Financial Action Task Force (FATF) grey list process.
flydubai, Batik Air Malaysia announce strategic interline agreement
flydubai and Batik Air Malaysia have announced today an interline agreement that will offer flydubai passengers access to more than 40 destinations across Batik Air’s network via Kuala Lumpur International Airport (KUL).
AD Ports Group, Pakistan Government sign 4 MoUs to enhance trade, transport, logistics infrastructure
AD Ports Group signed four Memoranda of Understanding (MoU) today with the Government of Pakistan to explore transportation opportunities in the maritime, air and rail sectors as well as logistics and digital services.
UAE’s banking sector net international reserves up 11% to AED1.273 trillion by end July-24
Net international reserves of the UAE’s banking sector increased by 11.1%, or AED127.5 billion, during the first seven months of 2024, reaching AED1.273 trillion at the end of July, compared to AED1.145 trillion at the end of 2023.