Austrian Chancellor Christian Stocker visited ADNOC headquarters during an official trip to the UAE on May 8. The visit highlighted ongoing collaboration between Austria and Abu Dhabi National Oil Company across energy sectors.

The Saudi Ministry of Finance has named HSBC as a new primary dealer for government local debt instruments. This move is intended to strengthen financial sector institutions under Vision 2030 goals. The agreement expands international participation alongside existing global and…

Saudi Energy has released its financial results for Q1 ending March 31, 2026. Revenue grew while profits improved significantly over both prior-year and prior-quarter figures. Operational efficiency gains and higher demand were cited as key drivers.

Fitch Ratings has reaffirmed First Abu Dhabi Bank’s AA- credit rating with a stable outlook. The agency cited strong capitalisation, robust liquidity ratios, and systemic importance within both Abu Dhabi and the wider UAE banking sector.

TA’ZIZ and Alpha Dhabi Holding have signed a major agreement targeting $10 billion investment for chemical production expansion in Abu Dhabi. The deal aims to boost local industry under UAE’s national strategy while reducing reliance on imports.

Saudi Energy Company reported significant increases in both revenue and net profit for Q1 2026 amid rising electricity demand across the Kingdom driven by economic development projects population growth expanding asset base improved efficiency strategic investments were highlighted alongside new partnerships…

TA’ZIZ and Alpha Dhabi Holding have signed a $10 billion agreement aimed at expanding chemical production in Abu Dhabi’s Al Ruwais Industrial City. The partnership targets up to 14 new chemicals focused on meeting domestic demand while supporting national industry…

SABIC has launched its new ULTEM SU3102P reactive oligomer designed for aerospace composites. The product aims to improve durability while allowing higher loading levels than previous solutions. It has been recognized with a Gold award at the Edison Awards.

ADNOC has announced AED200 billion worth of project awards set for 2026-2028 during its recent forum connecting contractors with local manufacturers. The initiative aims to strengthen domestic industry capacity while meeting growing global energy needs.

SABIC has released its financial results for Q1 2026 showing improved profitability despite lower revenue compared to last quarter. CEO Dr.Faisal Alfaqeer outlined continued progress on safety goals and major strategic initiatives including asset divestments and new partnerships.

Zain Group has launched its new Regulatory Academy in partnership with GSMA Advance. The initiative provides accredited training for policy professionals across eight markets as part of efforts to strengthen governance amid evolving digital regulations.

The Saudi Ministry of Finance has received ISO 37001 certification for its anti-bribery management systems. Officials say this step aims to boost transparency, compliance, and trust within its operations.

Zain Kuwait has again ranked first among telecom providers according to Service Hero’s latest index. The company also leads as Internet Service Provider while earning multiple network awards.

Dr. Turki Abalala represented Saudi Arabia at the United Nations Financing for Development Forum held in New York this April. He emphasized Saudi Arabia’s commitment to advancing global sustainable development through strengthened international cooperation.

Minister Saad Sherida Al-Kaabi held a farewell reception honoring former Qatalum CEO Khalid Mohammed Laram. The event recognized Laram’s four decades of service at QatarEnergy and its affiliates.

QatarEnergy has shipped its first liquefied natural gas cargo from the Golden Pass project in Texas. The company says this marks an important step toward full commercial operations at one of the largest U.S. investments by an international energy firm.

Saudi Riyal-denominated government sukuk will join major global bond indices by J.P. Morgan and Bloomberg beginning in early 2027. The move aims to boost liquidity and attract more international investment into Saudi Arabia’s capital market.

First Abu Dhabi Bank has released its latest Transition Pathways Update detailing progress towards net zero emissions. The report outlines achievements in operational decarbonisation, sustainable financing initiatives worth billions of dirhams, new financial products supporting environmental goals—and includes commentary from…

Zain Kuwait has been named Best Network by Opensignal’s latest report after leading several key performance categories among local operators. The company also secured three major awards from Ookla Speedtest at MWC Barcelona.

Saudi Energy Company has scheduled its annual general assembly meeting virtually for May 5. Shareholders can participate online to discuss financial results and vote on key proposals including dividends and board appointments.