ABU DHABI / WAM Borouge Plc has been included in the FTSE ADX Dividend Stars Index, launched by the Abu Dhabi Securities Exchange in December 2025. The FTSE ADX Dividend Stars Index is the first income-focused index of its kind in the region and is designed to highlight companies with a consistent track record of dividend distribution. The index comprises …
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STOCKPORT / WAM Abu Dhabi Future Energy Company PJSC – Masdar on Wednesday announced the start of commercial operations at its battery energy storage system (BESS) facility in Stockport; the first project to be completed under Masdar’s £1 billion commitment to invest in UK battery energy storage. The company will also develop two new BESS projects in Cardiff and Chesterfield. …
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By Amit Deshmukh NEW DELHI / GULF TIME Prime Minister Narendra Modi’s visit to Ethiopia is far more than a routine diplomatic engagement. It marks a defining moment in India–Africa relations, reflecting New Delhi’s evolving foreign policy vision that places Africa at its strategic core. At a time when the global order is in flux and new partnerships are reshaping …
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ABU DHABI / WAM The Ministry of Energy and Infrastructure (MoEI) organised the third edition of the Emirates Energy Forum that brought together stakeholders and thought leaders to accelerate the UAE’s energy transition agenda. The highlight of the event was the release of the sixth UAE State of Energy Report that offers an overview of the latest developments in the …
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BRASÍLIA / WAM The UAE has participated in the final BRICS Sherpa meeting of 2025, which took place in the Brazilian capital, Brasília, to conclude Brazil’s Chairship of the group and handover to India as incoming Chair for 2026. The UAE delegation was headed by Ghada Alnabulsi, Deputy Director of Economic and Trade Affairs at the Ministry of Foreign Affairs. …
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ABU DHABI /WAM Mubadala Bio announced the opening of a high-potency facility at its subsidiary, Bioventure Healthcare, and the launch of three essential oncology medicines, some of which are being locally produced for the first time as branded generics products. The announcement marks a major step forward in strengthening the UAE’s pharmaceutical capabilities and ensuring continuous supply and access to …
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ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to His Majesty King Hamad bin Isa Al Khalifa of Bahrain on the occasion of the Kingdom’s National Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin …
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ABU DHABI / GULF TIME Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has reaffirmed its position as a regional leader in sustainable finance after maintaining its ‘AA’ ESG rating from MSCI with an improved numerical score, and achieving a significant improvement in its Sustainalytics ESG Risk Rating, moving from a high-risk score of 30.2 to a low-risk …
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ABU DHABI / WAM The UAE government has issued a Federal Decree-Law amending certain provisions of the Federal Decree-Law No. 47 of 2022 on the Taxation of Corporation and Businesses (Corporate Tax Law). The amendments aim to clarify the mechanism for calculating and settling corporate tax due in cases where the tax credits or other forms of relevant tax incentives …
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DUBAI / WAM Dubai International Financial Centre (DIFC) has registered its 100th hedge fund, reflecting its dominance in the sector and successful journey to becoming a top five global hub for the industry. The number of hedge fund managers doubled from 50 at the start of 2024 and 81 are billion-dollar AUM managers. During 2025, new arrivals include Baron Capital …
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