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India Becomes Leading Buyer of UAE LNG, Exports Rise by 13%
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India Becomes Leading Buyer of UAE LNG, Exports Rise by 13%

India has emerged as the top buyer of liquefied natural gas (LNG) from the United Arab Emirates (UAE), securing over half of the UAE’s LNG exports during the first nine months of 2024. According to a report from the Kuwaiti-based Arab Energy Organization (AEO), the remainder of the LNG was supplied to other Asian markets....

PDS Incorporates New Subsidiary Tritron Fashion FZCO in UAE
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PDS Incorporates New Subsidiary Tritron Fashion FZCO in UAE

PDS Multinational FZCO, a wholly-owned step-down subsidiary of PDS, has announced the incorporation of a new entity named Tritron Fashion FZCO in the United Arab Emirates (UAE). This notification was made to the Company’s officer on March 6, 2025, and the new subsidiary became effective on March 3, 2025. The establishment of Tritron Fashion FZCO...

UAE and Saudi Arabia to Drive $25 Billion Sustainable Bond Issuance in 2025
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UAE and Saudi Arabia to Drive $25 Billion Sustainable Bond Issuance in 2025

Sustainable bond issuances in the Middle East are projected to reach between $18 billion and $23 billion in 2025, with the UAE and Saudi Arabia expected to contribute around 60% of this total, according to S&P Global Ratings. This significant growth reflects the increasing focus on sustainable financing in the region. Currently, sustainable bonds represent...

CBUAE Becomes First Arab Central Bank to Adopt FX Global Code
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CBUAE Becomes First Arab Central Bank to Adopt FX Global Code

The Central Bank of the UAE (CBUAE) has signed a Statement of Commitment to the FX Global Code, marking its position as the first central bank in the Arab world to adopt this important framework. By joining a global coalition of central banks and financial institutions, the CBUAE aims to promote integrity and best practices...

Du Launches "You Bring Life to Life" Campaign for Ramadan
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Du Launches “You Bring Life to Life” Campaign for Ramadan

The telecom and digital services company du today announced the start of its Ramadan campaign with the moving theme “You Bring Life to Life.” The campaign includes the release of a touching campaign film, a promise to support several corporate social responsibility (CSR) projects, and special deals meant to make customers’ and the community’s lives...

Fujairah Reports Significant Changes in Oil Inventory Trends in the UAE
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Fujairah Reports Significant Changes in Oil Inventory Trends in the UAE

Recent data from Fujairah indicates an increase in distillate volumes, while stocks of residual fuels have decreased. This trend highlights important shifts in the storage dynamics within the UAE’s oil sector. The Fujairah Oil Industry Zone, a key player in the Middle East’s oil storage sector, has released new inventory figures for the week ending...

Hubpay Launches Digital Business Accounts to Support UAE's SME Growth
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Hubpay Launches Digital Business Accounts to Support UAE’s SME Growth

Hubpay, a fast-growing financial institution licensed by the Abu Dhabi Global Market (ADGM), has unveiled its digital business accounts aimed at enhancing the corporate onboarding process for small and medium-sized enterprises (SMEs) in the UAE. This initiative aligns with the UAE’s goal to increase the number of SMEs from over 557 000 to more than...