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Gigawatts is key in the race for AI supremacy
Sultan Al-Jaber outlines a comprehensive roadmap for a transformative shift in energy policy and infrastructure18 June 2025, 08:00Source: UAE MEED
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XRG leads $18.7bn takeover offer for Australia’s Santos
Adnoc’s XRG is leading a consortium that also consists of Abu Dhabi’s ADQ and US investor Carlyle17 June 2025, 08:00Source: UAE MEED
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Dutco wins Palm Jebel Ali infrastructure
The local contractor has won three contracts with a value totalling more than AED750m ($204m)17 June 2025, 08:00Source: UAE MEED
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Another contractor returns as Palm Jebel Ali progresses
Dutco Construction has been awarded contracts totalling $204m for construction work on the reclaimed island17 June 2025, 08:00Source: UAE MEED
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Abu Dhabi awards production licences for hydrocarbon blocks
The emirate’s government has awarded production concession agreements for Onshore Block 4, Offshore Block 2 and Offshore Block 5, with Adnoc holding the majority 60% stake in the blocks13 June 2025, 08:00Source: UAE MEED
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UAE banks post strong Q1 profit on lending and deposits
Aggregate net income rose 8.4% to AED22.2bn even as the IMF cut its 2025 GDP forecast and credit demand stayed weak13 June 2025, 08:00Source: UAE MEED
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Adnoc seeks civil works interest for Habshan gas project
Adnoc intends to appoint a contractor for early civil and site preparation works for a new train at the Habshan gas processing complex13 June 2025, 08:00Source: UAE MEED
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Borouge awards $531m contract to Adnoc Logistics & Services
The contract covers port management, container handling, and feeder container ship services for the Borouge Container Terminal in Abu Dhabi’s Ruwais for a period of 15 years12 June 2025, 08:00Source: UAE MEED
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Trading halted for Emirates Islamic Bank after share buyout
Full ownership by Emirates NBD prompts delisting from the Dubai Financial Market12 June 2025, 08:00Source: UAE MEED
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Penspen targets contracts in Algeria
The company won more than $250m in Middle East contract awards between the start of January and the end of April11 June 2025, 08:00Source: UAE MEED