UAE stock markets remained somewhat muted on Thursday, but with a positive bias, as geopolitical headlines continued to shift rapidly. The ADX General Index (FADGI) rose by a minuscule 0.03% to close at 9,584.97.
The Abu Dhabi Exports Office (ADEX) conducted a series of site visits to leading UAE-based manufacturers, including MEDECO, Star Paper Mill, and Dana Steel, as part of its ongoing efforts to support the growth and global competitiveness
World stocks were facing a second straight day of falls on Thursday as a glitch in the AI rally dampened the mood, while oil prices eased after Israel and Lebanon agreed a ceasefire.
The UAE remains one of the world’s most attractive real estate investment destinations in spite of the recent regional challenges, according to a new global survey commissioned by Arada.
UAE stock markets retreated on Wednesday amid a fresh escalation in regional tensions, with most blue-chip stocks heading south even as the non-oil PMI posted a marginal increase, signalling continued expansion.
The Abu Dhabi Chamber of Commerce and Industry (ADCCI) has announced the signing of a strategic cooperation agreement with Presight (a G42 Company), a global leader in applied AI for intelligent systems.
Abu Dhabi Islamic Bank (ADIB) has introduced a new digital service allowing individual employers to register and pay employees’ salaries directly through the ADIB Mobile Banking app, and corporate employers via the ADIB Direct app.
Anthropic, maker of the chatbot Claude, said Monday that it had filed confidential paperwork with federal regulators in preparation for selling its stock to the public.
Emirates Water and Electricity Company (EWEC) has announced the award of the Taweelah C Independent Power Producer (IPP) project in Abu Dhabi. The project comprises a 2.6-gigawatt Combined Cycle Gas Turbine (CCGT) plant