2PointZero Expands Global Energy Portfolio with $2.25 Billion US Natural Gas Infrastructure Investment

Investment
2PointZero Investment has entered the United States natural gas sector through a major infrastructure acquisition. The move marks the company's first investment in US natural gas assets. Moreover, the transaction supports its strategy to expand beyond the Middle East and strengthen its global energy portfolio. The Abu Dhabi investment company completed the deal through its energy infrastructure subsidiary, ePointZero. The...
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Oman Advances 4GW Solar Projects to Accelerate Clean Energy Goals Under Vision 2040

Oman Solar Projects continue gaining momentum as the country moves forward with plans to expand renewable energy capacity. Oman Solar Projects form an important...

Dubai Islamic Bank Reports 10% Revenue Growth as Financing Income Strengthens First-Half Performance

DIB Revenue increased during the first half of 2026 as Dubai Islamic Bank reported stronger income from Islamic financing and commissions. DIB Revenue reflected...

UAE Gold Prices Edge Higher Even as Global Bullion Prices Slip on Inflation and Rate Concerns

UAE gold prices moved higher on Wednesday despite weaker international bullion markets. UAE gold prices remained a key focus as investors tracked oil prices,...
Financial

Dubai Islamic Bank Reports 10% Revenue Growth as Financing Income Strengthens First-Half Performance

DIB Revenue increased during the first half of 2026 as Dubai Islamic Bank reported stronger income from Islamic financing and commissions. DIB Revenue reflected steady business activity despite challenging market conditions. Moreover, the bank maintained solid profitability while continuing to strengthen its financial position. The UAE's largest Islamic bank by assets generated more than AED12 billion in revenue during the...

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Iraq Economic Growth Forecast Cut Amid Global Changes

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Iraq’s economy is facing new challenges as the International Monetary Fund predicts a contraction this year. The latest report highlights a 1.5 percent decline, a major adjustment to the earlier Iraq economic growth forecast. Previously, the IMF projected...
Oil and Gas

UAE Oil Production Plummets Amid Strait of Hormuz Crisis

UAE oil production has fallen by more than 50% following recent regional tensions. The conflict with Iran and the effective closure of the Strait...
Investment

Saudi Tourists in Moscow Surge in Number

The Saudi tourism trend in Moscow has witnessed an impressive surge in 2024. The Russian capital welcomed 52,400 Saudi visitors, up from 9,300 the previous...
Investment

Oman-Iran Economic Ties Deepen with Growing Trade and Investment

Oman and Iran continue to expand their economic ties by turning strong diplomacy into real financial partnerships. Oman sees this as a step toward...
News

UAE Doctors Warn About Heat and Poor Sleep

UAE sleep health is becoming a growing concern as rising temperatures continue affecting rest across the country. Even before the official start of summer,...
Investment

Dubai Tokenized Real Estate Platform Launches

Dubai has taken a bold step toward modern property investing. The city introduced the first Dubai tokenized real estate platform. This innovative platform now...
Financial

UAE Economy to Grow 5% as Region Leads Global Growth

UAE economic growth in 2025 will reach five per cent, according to a new forecast from Standard Chartered Bank. The outlook reflects strong fundamentals,...
Investment

Dubai Chambers, Emirates Development Bank Boost SME Support

Dubai Chambers has signed a Memorandum of Understanding (MoU) with Emirates Development Bank to enhance support for startups and small and medium-sized enterprises (SMEs)....
Investment

Qatar-Turkey Trade Talks Boost Economic Cooperation

Qatar and Turkey are exploring new opportunities to strengthen their trade and economic partnership. During a recent meeting in Doha, key business leaders from...
Investment

Qatar Launches FemTech Accelerator to Boost Women’s Health Innovation

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Qatar has launched a new FemTech accelerator to advance innovation in women’s health across the MENA region. The initiative, a partnership between Qatar Science & Technology Park (QSTP) and global science company Merck, will support startups developing technology-driven solutions...

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