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First Abu Dhabi Bank (FAB) held its Annual General Meeting on Wednesday, where shareholders approved the distribution of AED8.84 billion ($2.41 billion) in cash dividends for the financial year ended December 31, 2025. This dividend represents 80 fils per share and is the highest cash dividend in the group’s history. The bank announced that shareholders […]
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The member countries of the International Energy Agency (IEA) unanimously agreed on Wednesday to make 400 million barrels of oil from their emergency reserves available to the market to address disruptions in oil markets stemming from tensions in the Middle East. The decision was made following an extraordinary meeting of IEA Member governments yesterday, convened […]
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Energy ministers of the Group of Seven (G7) affirmed on Wednesday their readiness to take “all necessary measures” in coordination with the International Energy Agency (IEA) to address risks to global energy supplies stemming from the conflict in the Middle East. The energy ministers made the statement after holding a virtual meeting on Tuesday with IEA […]
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Periods of geopolitical uncertainty often move markets faster than economic fundamentals. Headlines shift sentiment quickly, particularly in regions closely connected to global energy flows and trade routes. But from an economist’s perspective, moments like these require a longer view, one grounded not in immediate volatility but in structural resilience. Having worked betwee...
The Dubai PropTech Hub announced on Wednesday the release of a new whitepaper titled ‘PropTech 2033,’ which analyzed 18 strategic agendas across the UAE and the United Nations to chart a model for Dubai PropTech’s next era of growth. These included the D33 Agenda, the Real Estate Sector Strategy 2033 and the Urban Master Plan […]
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