Financials and Investment News in United Arab Emirates

DEWA Honours Strategic Public and Private Sector Partners
9/7/2023 - Dubai Electricity and Water Authority (DEWA) organised a ceremony to honour its strategic partners from the public and private sectors in the presence of HE Saeed Mohammed Al Tayer, MD & CEO of DEWA. ...
COP28 Presidency to Convene Economists to Drive Progress on the Reform of International Finance
8/14/2023 - - The COP28 Presidency will convene the Independent High-Level Expert Group (IHLEG) in the UAE to drive progress on steps to reform international finance ahead of COP28.
- The meeting will bring...
UAE to Host Top Global Experts to Discuss International Finance Reform Ahead of Cop28
8/14/2023 - The COP28 Presidency has announced that it will convene the Independent High-Level Expert Group (IHLEG) on Climate Finance in the UAE this week to drive progress on steps to reform international finan...
TAQA Group Reports AED 13.5 billion Net Income for H1 2023
8/14/2023 - Abu Dhabi National Energy Company PJSC (“TAQA”, the “Group” or the “Company”), one of the largest listed integrated utilities in Europe, Middle East and Africa, reported its first half earnings for th...
DEWA Announces Solid Second Quarter Results with a Stellar Increase in Operating Cash Flow
8/10/2023 - Dubai Electricity and Water Authority PJSC (ISIN: AED001801011) (Symbol: DEWA), the Emirate of Dubai’s exclusive electricity and water services provider, which is listed on the Dubai Financial Market ...
Masdar Marks Roadmap to $3B Green Bond Offering at London Stock Exchange
8/7/2023 - Abu Dhabi Future Energy Company PJSC - Masdar has today marked the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes at London Stock Exchange (LS...
ADNOC Gas Reports Net Income of $2.3B Delivering Robust Financial Performance in H1 2023
8/4/2023 - ADNOC Gas plc (together with its direct and indirect subsidiaries, “ADNOC Gas” or the “Company”) (ADX symbol: “ADNOCGAS” / ISIN: “AEE01195A234”), the world-class integrated gas processing company, tod...
AD Ports, China's CMEC Sign MoU to Establish a Strategic Cooperative Relationship
7/20/2023 - AD Ports Group (ADX: ADPORTS), the leading global facilitator of trade, logistics, and industry, and China Machinery Engineering Group Corporation (CMEC GROUP), a state-owned key enterprise directly m...
Alpha Dhabi and Limak Group Sign MoU to Drive Sustainable Development in UAE and Turkey
7/20/2023 - Alpha Dhabi Holding (ADX: ALPHADHABI), one of the fastest-growing investment holding companies in the United Arab Emirates (UAE), signed a Memorandum of Understanding (MoU) with Turkey-based Limak Gro...
HE Saeed Al Tayer receives high level delegation from Sungrow
7/20/2023 - HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA) received a high-level delegation from Sungrow, the global leading inverter and energy storage system solution suppl...
Masdar Launches First US$750 million 10-year Green Bond
7/19/2023 - Masdar announced the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes today. There was exceptionally strong appetite from regional and internati...
Penspen Reports $81 Million Worth of New Contracts Secured in First Half of 2023
7/18/2023 - Penspen, a leading global energy consultancy, today announces a positive start to the fiscal year with $81 million awarded in new contracts during the first half of 2023.

Key Contracts:<...
Gulf Marine Announces Lower Financing Charges
7/18/2023 - Gulf Marine Services (GMS), a renowned provider of self-propelled and self-elevating support vessels for the offshore oil, gas, and renewables sectors, is delighted to announce that PIK has stopped to...
AMEA Power Announces a $75 Million Funding Round from the SoftBank Group
7/7/2023 - AMEA Power, one of the fastest growing renewable energy developers in Africa, has signed a $75 million equity funding round from SoftBank Group Corp. (“SBG”), a Japanese investment holding company. Th...
The Policy Regulating Local Energy Market Will Support The UAE’s Sustainable Development
6/14/2023 - His Excellency Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, today revealed the details of the policy regulating the market of energy services providers in the UAE that was a...
SCA Consults with the UAE Banks Federation to Fast Track the Growth of the Industry
5/22/2023 - CEO of the Securities and Commodities Authority (SCA), H.E. Dr. Maryam Al Suwaidi, met with the General Manager of the UAE Banks Federation (UBF), Mr. Jamal Saleh, to discuss strengthening coordinatio...
Shelf Drilling, Ltd. Notice of Annual General Meeting
5/15/2023 - Shelf Drilling, Ltd. (“Shelf Drilling” or the “Company”, OSE: SHLF) has been notified that Lou Dongyang is standing down as a director of the Company with effect from the date of the next Annual Gener...
DP World Reports Gross Volume Growth of 3.7% on a Like-for-like in 1Q2023
4/27/2023 - DP World Limited handled 19.5 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first quarter of 2023, with gross container volumes increasing by 1.4...
Dana Gas Shareholders Approve 4.5 Fils per Share Cash Dividend for H2 2022
4/27/2023 - hareholders of Dana Gas PJSC (the “Company”), the Middle East’s largest regional private sector natural gas company, have today approved the Board of Directors’ recommendation at the Company’s Annual ...
GrafTech Expands Operations with New Sales Office in Dubai
4/18/2023 - GrafTech International Ltd. (NYSE:EAF) (the “Company”), a leading manufacturer of high-quality graphite electrode products essential to the production of electric arc furnace steel, today announced th...

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