City Abu Dhabi, Uae Financial News

ABU DHABI, United Arab Emirates — U.S. cryptocurrency exchange Kraken is expanding into the Middle East and will open its regional headquarters in Abu Dhabi after receiving a full license to operate a regulated trading platform in the UAE.

The United Arab Emirates has opened its annual oil-and-gas summit as it pledges to increase energy output even as global prices have fallen

responsible investment practices that seek to help institutional investors and service providers. The ICSI Guiding Principles on Stewardship (IGPS) is a framework of ethical stewardship practices to empower institutional investors and service providers, it said in a release. The framework outlines best practices for responsible investment, encompassing environmental, social, and governance factors. It aligns with the global trend and offers much needed guidance towards sustainable and responsible investing, the Institute of Company Secretaries of India (ICSI) said in the release.

Realty developer TARC Ltd has appointed Arabian Construction Company, headquartered out of Abu Dhabi, UAE, as the principal contractor for its luxury residential developments, TARC Kailasa, located in Central West Delhi and its upcoming development TARC 63A located in Gurugram. TARC Kailasa is 2.80 million square feet luxury residential development spread across five 40-storey towers. TARC 63A Gurugram is an upcoming project, estimated to have more than 1.80 million square feet of luxury residential development spread across five 45-storey towers. “As we move forward in our journey of developing world class luxury residential projects in New Delhi and Gurugram, we are forging partnerships with the best in the world. Arabian Construction Company is known to efficiently deliver high quality developments across their 50 years of experience with the highest standards of safety, sustainability and professionalism besides specializing in construction of high-rise buildings. We want to bring the best consultants and engineers for our customers to deliver nothing less than the best,” said Amar Sarin, Managing Director & CEO, TARC Ltd.

Ethereum Enterprise Alliance (EEA) has launched the first standard for decentralized finance (DeFi) protocols.

Abu Dhabi, UAE, 5th June – Solnarize is excited to announce the presale of its $SRIZE token, set to launch on Friday, June 7th, 2024. This presale marks a significant milestone for Solnarize, the pioneering meme coin that uniquely integrates sustainability with a Play-to-Earn (P2E) game on the Solana blockchain.

In 2018, Chad McGehee opened Side Hustle Brews and Spirits, an Abu Dhabi-branded brewery and distillery with funky camels on its cans and playful names familiar to anyone living in the United Arab Emirates

India's move to block a China-led investment facilitation pact in the recently concluded WTO ministerial meeting in Abu Dhabi will help promote multilateral agreements in the 166-member global trade watchdog, according to experts. The ministerial conference (MC), the highest decision-making body of the World Trade Organisation (WTO), concluded late night on March 1. The talks, which were to end on February 29, got extended by almost two days due to a logjam among members on key issues like agri, fisheries subsidies and the e-commerce moratorium. International trade experts stated that India's principled stand in opposing the addition of the IFDA (Investment Facilitation for Development Agreement) into the WTO is based on its longstanding support for multilateralism. A group of over 120 nations, led by China, tried to push the IFDA to integrate into the WTO as a plurilateral agreement at the 13th MC meet in Abu Dhabi, UAE.

The head of the World Trade Organization says war, uncertainty and instability are weighing down the global economy

PM Modi to inaugurate Swaminarayan sect’s BAPS temple in Abu Dhabi, UAE: Prime Minister Modi will inaugurate UAE's historic BAPS Swaminarayan Mandir in Abu Dhabi on February 14, marking a significant moment for the city's Hindu community. Public access begins March 1st. PM Modi to visit Doha, bilateral meeting with Emir of Qatar: Prime Minister Narendra Modi will travel to Doha, Qatar, on Wednesday after concluding his visit to the United Arab Emirates (UAE), foreign secretary Vinay Mohan Kwatra said at a press conference on Monday.

PM Modi will meet with the UAE President Sheikh Mohamed bin Zayed Al Nahyan, whom he had met in Gujarat during the 'Vibrant Gujarat 2024' in January 9. He will also meet with the Vice President, Prime Minister, and Defence Minister of the UAE Sheikh Mohammed bin Rashid Al Maktoum. In their bilateral meeting PM Modi and UAE President are expected to take up strengthening of ties in a number of economic areas including energy security, energy trade, ports, railways and maritime logistics, digital infrastructure, capital flows and fintech connectivity, according to the Ministry of External Affairs (MEA).

United Arab Emirates from February 13 to 14, where he will hold discussions with UAE President Sheikh Mohamed bin Zayed Al Nahyan on taking forward our Comprehensive Strategic Partnership. According to a statement by the Prime Minister's Office, he will visit Qatar from February 14 to 15, following his UAE visit. «I am travelling to the United Arab Emirates on an Official Visit from 13-14 February and to Qatar from 14-15 February. This will be my seventh visit to the UAE and second visit to Qatar since 2014,» the statement read.

BAPS Mandir’ in Abu Dhabi. He will also meet the top leadership of one of India's closest strategic partners in West Asia. The temple, the first traditional Hindu temple in the United Arab Emirates, sits on 27 acres of land generously gifted by the UAE leadership.

Competition Commission of India (CCI) on Monday cleared Seventy Second Investment Company's proposed stake acquisition in Manipal Health Enterprises. The deal has been approved under the green channel route. Manipal Health Enterprises operates a network of hospitals providing multi-specialty care.

A bold, innovative project begun nearly a generation ago to erect a “green-city” in the United Arab Emirates has run into realities and largely missed its mark

Vladimir Putin will travel to the United Arab Emirates and Saudi Arabia, according to people familiar with the plans, a rare trip abroad for the leader since his invasion of Ukraine. Putin plans to visit Abu Dhabi, UAE, this week, according to one person, who asked not to be identified due to the sensitivity of the topic. He also intends to travel to Saudi Arabia, according to another person.

London-based crypto trading firm Copper plans to start offering tokenized securities early next year, according to reports on Nov. 29. Under the leadership of former British Chancellor Phillip Hammond, the company expects to capitalize on institutional investors' demand.

The Emirati president-designate of the upcoming United Nations COP28 climate talks has called on oil and gas companies to be “central to the solution” to fighting climate change as the industry boosts its production to enjoy rising energy prices

Lulu Group, headquartered in UAE's Abu Dhabi, has expressed interest to invest in West Bengal, following a meeting with West Bengal Chief Minister Mamata Banerjee. The group operates a chain of hypermarkets and retail companies. Banerjee also held a meeting with UAE Minister Thani Bin Ahmed Al Zeyoudi ahead of a business summit organized in Dubai. “LuLu Group expressed a strong interest in investing in various sectors, including fish processing, poultry, dairy and meat processing," Mamata Banerjee, who is presently leading a business delegation in Dubai, said in her X handle. “… We delved into a range of exciting possibilities, foremost among them being the prospect of a world-class mall in Newtown.

LuLu Group International Yusuff Ali on Monday said his group is going to set up two large shopping malls in India — Ahmedabad and Chennai. Speaking to ANI, Ali said, «We are going to construct one of the largest shopping malls in Ahmedabad and Chennai and we are opening our shopping mall in Hyderabad end of this month. Also we are going to different states for shopping malls and food processing.» Hyderabad will be the sixth city after Kochi, Thiruvananthapuram, Bengaluru, Lucknow, and Coimbatore where the group has its shopping mall presence. Lulu Group, headquartered in Abu Dhabi, UAE, has been known as a trendsetter in the retail industry in the Middle East and North Africa region.

G20 Summit 2023: At the venue of the G20 Summit, heritages of 29 countries will be showcased, including the Mona Lisa and a copy of the 13th-century Magna Carta. According to the Ministry of Culture, the second level of Bharat Mandapam, G20 Summit's main room, will host an exhibition comprising showpiece artwork from all 29-nation participants in both digital and physical form. Also read: G-20 Summit 2023: THESE metro stations to be completely shut between Sep 8-10 As part of the 'Culture Corridor – G20 Digital Museum', artifacts in physical and digital formats sourced from all G20 members and invited countries, will be exhibited on the same floor where the leaders' meetings will take place, and they will walk through this "cultural corridor" while moving into and out of the summit room.

For the first time ever India has settled an oil t... moreFor the first time ever India has settled an oil transaction with UAE in rupees.