Fawaz Al-Mubarak to Step Down as CEO of Wafra by End of 2025 After a Decade in Leadership
Fawaz Al-Mubarak will step down as CEO of Wafra by 2025 after nearly 10 years, with Fergus Healy as interim CEO.
Maden Awards AED 5 Billion Contract for Housing Projects on Hudairiyat Island
Maden awards AED 5B contract for 'Nawaif East' and 'Nawaif West' housing projects on Hudairiyat Island, featuring 735 luxury villas.
Tahnoun bin Zayed Chairs ADQ Board Meeting, Praises Strong Performance of Portfolio Companies in 2025
Tahnoun bin Zayed chairs an ADQ meeting and praises the strong performance of portfolio companies in 2025, with notable growth in transport and energy sectors.
IBM Commits to Train 5 Million Youth in India on AI by 2030
IBM will train 5 million youth in India on AI by 2030, enhancing skills for job readiness and digital workforce equity.
Oil Prices Decline for Second Consecutive Week Amid Supply Concerns, US Gas Falls with Weak Winter Demand
Oil prices fell for the second week due to oversupply concerns, while US gas prices dropped amid weak winter demand.
Copper Futures Maintain Gains Near Multi-Month Highs Supported by Global Demand
Copper futures remain above $5.4 per pound, close to multi-month highs, supported by strong demand from China and the U.S. amid tariff concerns.
Abu Dhabi Financial Market Opens Slightly Lower Amid Active Trading
Abu Dhabi Financial Market opens slightly lower at 10,000.33 points. Active trading with mixed stock performances noted.
Dubai Financial Market Opens with Limited Decline Amid Pressure on Leading Stocks
Dubai Financial Market opens down, pressured by leading stocks like Emaar and Gulf Navigation; cautious trading noted.
Cryptocurrency Prices Rise Led by Ethereum and Bitcoin
Cryptocurrency prices have risen, led by Ethereum, Bitcoin, and Ripple, amid improved risk appetite and increased institutional interest.
Gold Maintains Gains Near Record High Supported by Inflation Data and Interest Rate Cut Expectations
Gold prices near $4,320/oz, supported by U.S. inflation drop and interest rate cut expectations, with geopolitical tensions boosting demand.
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