Sunday , 18 January 2026

Recent Posts

UAE stock markets continue to book profits

Abu Dhabi / WAM For the third straight session and despite a profit booking spree involving blue-chips that hit record highs over the past few days, UAE stock markets continued their positive streak on Wednesday, driven by a bullish performance at the real estate sector. DFM General Index climbed 0.27 percent to close at 3,450 points led by a good …

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Central Bank holds 4th meeting

ABU DHABI / WAM The Board of Directors of the UAE Central Bank has held its 4th meeting for 2017 under the chairmanship of Khalifa Mohammed Al Kindi, Chairman of the Board. The meeting was attended by Khalid Juma Al Majid, Deputy Chairman, Mubarak Rashed Al Mansoori, the Governor, and Board members.

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Masdar consortium closes financing for third phase of Dubai solar park

Abu Dhabi / Emirates Business The financing for Phase 3 of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai has been completed. This marks the latest significant milestone for the Masdar-led consortium, with EDF Group’s subsidiary, EDF Energies Nouvelles, which is developing the 800 MW project in partnership with Dubai Electricity and Water Authority (DEWA). A sophisticated financing …

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