Friday , 9 January 2026

Recent Posts

Under the patronage of UAE President, Abu Dhabi Sustainability Week 2026 to rally global leaders on future of energy, water, climate, finance

ABU DHABI / WAM Under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the 2026 edition of Abu Dhabi Sustainability Week (ADSW) will kick off 11th to 15th January, larger and more ambitious than ever before. Hosted by Masdar, the event will unite world leaders, investors and innovators to accelerate real-world solutions across interconnected global systems. …

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UAE tourism sector delivers AED257.3b in 2025

ABU DHABI/WAM The United Arab Emirates’ tourism sector continued its strong upward trajectory in 2025, consolidating its position as one of the country’s most dynamic economic sectors and a major magnet for investment and visitors, supported by world-class infrastructure, flagship projects and strong competitiveness indicators. Tourism and travel sector contributed AED257.3 billion to gross domestic product, accounting for 13 percent …

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ADNOC secures landmark structured financing of up to $11b for Hail & Ghasha gas development

ABU DHABI/WAM Abu Dhabi National Oil Company (ADNOC), in partnership with Eni S.p.A. and PTT Exploration and Production Public Company Limited (PTTEP), on Thursday announced the successful signing of a landmark structured financing transaction of up to AED40.4 billion ($11 billion) to monetise Hail and Ghasha’s midstream future gas production. The transaction, as part of the Ghasha concession project, will …

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