ABU DHABI/WAM XRG and bp on Monday announced they have reached financial close and completed the formation of their new joint venture (JV) and international natural gas platform – Arcius Energy. Announced in February 2024, the JV is 51% owned by bp and 49% by XRG, ADNOC’s transformative energy investment company. The new joint venture will combine the pair’s deep ...

ABU DHABI/GULF TIME Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution in the UAE, has expanded its footprint with the opening of three new customer centres in Dubai and Northern Emirates, reinforcing its commitment to accessible, innovative, and customer-centric banking solutions across the UAE. The three new centres included a flagship branch in Hamidiya in Kanz Mall, Ajman ...

ABU DHABI/WAM Najmedin Muhametaliuly, Ambassador of the Republic of Kazakhstan to the UAE, affirmed the strength of bilateral relations between the UAE and Kazakhstan, describing them as historic and strategic across various fields. He highlighted the pivotal role of the leadership visions in both countries as the driving force behind the rapid growth of these ties. In statements to the ...