Browsing: Business

WTO forecasts global merchandise trade growth of 2.7% in 2024 and 3.0% in 2025, citing easing inflation, declining interest rates, and risks from geopolitical tensions.

The Global Commission on Clean Energy, led by IEA, met at the G20 to discuss equitable, affordable transitions in energy, addressing key issues for fairer global policies.

IFC secured $56B in financing in 2024, allocating 40% to climate-related projects, marking a record-breaking year for the organization’s commitment to global climate initiatives.

India led a WTO meeting discussing resilient trade strategies, digital solutions for trade barriers, and climate action tailored for developing nations, fostering inter-regional cooperation.

A new IEA report highlights growing investment in low-emissions hydrogen projects but stresses the need for stronger policies to boost demand in key sectors such as industry and transport.

The Abu Dhabi Securities Exchange logged 15 large direct deals involving shares of ADNOC Gas and Modon Holding, totaling AED 2.66 billion in transactions across two major sectors.

Britain’s last coal-fired power plant, Ratcliffe-on-Soar, closed on Monday, ending over 140 years of coal-powered electricity and marking a key step toward renewable energy.

DMCC will host Dubai Diamond Week in November, featuring global events like the Dubai Diamond Conference, the Kimberley Process Plenary, and the JGT Dubai trade show.

Al Seer Marine adds two MR tankers to its fleet, boosting capacity for clean petroleum products and chemicals, aligning with its strategic growth in the UAE maritime industry.

Abu Dhabi Finance Week 2024 will bring together over 300 global financial leaders, including CEOs of major institutions, to discuss finance, innovation, and collaboration.