Abu Dhabi

Both the energy transition and energy security have become topics of significant debate and discussion.

“We have the cash to inject, we’ve hired a very good team… we can build them at a more reasonable cost than our competitors,” the property mogul said.

“I’m sure a lot of Russians are trying to fix their problems… but Dubai will benefit ultimately from any crisis,” an Emirati property magnate told CNBC.

The utility had adjusted earnings of $3.3 billion last year, and plans to pay a minimum dividend of $1.69 billion over the next five years to future investors.

Emirati officials reject that their country’s reputation as an isle of stability is being threatened.

The latest listing comes amid a privatization push now underway in the United Arab Emirates.

The announcement comes as the UAE pushes to further diversify its economy and compete with larger markets.

Sentiment is bullish on the back of brisk economic activity, strong corporate profits and “very high oil prices,” Nomura’s Tarek Fadlallah said.

The missile launch comes just one week after a deadly Houthi-claimed attack on Abu Dhabi that used what UAE officials say were drones and missiles.

In an area home to some of the world’s largest oil producers and key shipping routes, the uptick in tensions is likely to keep crude markets on edge.

International benchmark Brent crude was trading at $87.75 on Tuesday at 11 a.m. in Abu Dhabi, its highest level since 2014.

Yemen’s Houthi rebels have claimed an attack in Abu Dhabi that resulted in three fuel tanker explosions near state oil firm ADNOC’s storage facilities.

From Europe to Asia to the depths of Antarctica, here’s how Christmas is celebrated in nine places around the world — and one place that orbits around the world.

The meeting comes amid rising tensions in the region between Iran and its adversaries, as Tehran ramps up its nuclear development.

GlobalFoundries previously acknowledged that the semiconductor industry will require “a significant increase in investment to keep up with demand.”

Event organizers say the Foo Fighters rock band has called off its concert at the Formula One race in Abu Dhabi due to “unforeseen medical circumstances.”