Business & Money | Wednesday 7 January, 2026 2:29 pm

2P renews, upsizes SAR 289M credit facilities with BSF

Perfect Presentation for Commercial Services Co. (2P) increased and renewed a Shariah-compliant credit facility deal worth SAR 289.19 million with Banque Saudi Fransi (BSF) according to a Tadawul statement. The financing is valid till Jan. 6, 2027, said the company, adding that the facility...

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Business & Money | Wednesday 7 January, 2026 2:23 pm

UAE uniquely positioned to fuel UK’s Green Hydrogen growth

The World Future Energy Summit, taking place at ADNEC Centre Abu Dhabi from 13th-15th January and part of Abu Dhabi Sustainability Week hosted by Masdar, is set to highlight the pivotal role of green hydrogen in industrial decarbonisation. Against the backdrop of the UK’s ambition to expand...

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Business & Money | Wednesday 7 January, 2026 2:19 pm

ADNOC announces Final Investment Decision for SARB Deep Gas Development

ADNOC today announced the Final Investment Decision (FID) for the SARB Deep Gas Development, a strategic project within the Ghasha Concession located offshore of Abu Dhabi. The development will deliver 200 million standard cubic feet per day (scfd) of gas before the end of the decade, enough...

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Business & Money | Wednesday 7 January, 2026 2:16 pm

Ajman real estate transactions hit AED2.78 billion in December, up 22%

The Emirate of Ajman recorded 1,623 real estate transactions worth AED2.78 billion in December, marking a 22 percent increase compared to the same period in 2024. Eng. Omar bin Omair Al Muhairi, Director-General of the Department of Land and Real Estate Regulation, said Al Jurf Industrial 2...

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Business & Money | Wednesday 7 January, 2026 2:06 pm

Dubai Clear, Nasdaq Dubai receive European Securities and Markets Authority Tier 1 recognition

Dubai Clear, a subsidiary of Dubai Financial Market (DFM), and Nasdaq Dubai announced that they have been formally granted Tier 1 Third-Country Central Counterparty (CCP) recognition by the European Securities and Markets Authority (ESMA), effective 31st December 2025. This recognition makes...

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Business & Money | Wednesday 7 January, 2026 1:45 pm

Five GCC economic themes to watch in 2026

As the GCC enters 2026, economic policy is being shaped by tighter external conditions, accelerating technological change and a more fragmented global trading system. The countries of the Gulf Cooperation Council (GCC) are increasingly focused on broadening trade relationships, strengthening supply ...

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Business & Money | Wednesday 7 January, 2026 1:42 pm

Dubai Customs explores prospects for future logistics operations with DHL

As part of Dubai Customs' ongoing efforts to strengthen strategic partnerships with private sector institutions and international companies specializing in logistics services, His Excellency Dr. Abdullah Busnad, Director General of Dubai Customs, paid an official visit to DHL facilities, one of the ...

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Business & Money | Wednesday 7 January, 2026 1:30 pm

Borouge advances industry-first AI-powered autonomous operations

Borouge Plc on Wednesday announced the successful completion of a proof of concept for AI-powered autonomous operations at its Ruwais facility, delivered in collaboration with Honeywell. The milestone supports Borouge’s strategy to enhance operational performance, strengthen long-term...

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Business & Money | Wednesday 7 January, 2026 1:26 pm

Ajman Chamber launches 'Eco Smart Industry' initiative

Ajman Chamber has launched an initiative titled “Eco Smart Industry” to help member factories strengthen environmental performance and shift towards more sustainable production practices. The initiative encourages private-sector establishments to adopt best environmental practices,...

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Business & Money | Tuesday 6 January, 2026 4:28 pm

ADX delivers major achievements in 2025, reinforces global standing

Abu Dhabi Securities Exchange (ADX) Group achieved a series of landmark milestones and market firsts in 2025, a transformative year that also marked its 25th anniversary. During the year, ADX strengthened its position as the second-largest exchange in the region and reinforced its global...

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