Business & Money | Monday 12 January, 2026 11:21 am

Masdar signs landmark PPA for 150MW Quipungo Solar PV project in Angola

Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, has signed a Power Purchase Agreement (PPA) for the 150-megawatt (MW) Quipungo Solar Photovoltaic project in Angola, marking Masdar’s first PPA in the country. The Quipungo project represents the first contracted...

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Business & Money | Monday 12 January, 2026 11:17 am

SteelFab 2026 opens tomorrow at Expo Centre Sharjah

The 21st edition of SteelFab, the Middle East and North Africa’s largest exhibition for the metalworking and steel fabrication industries, opened on Monday at Expo Centre Sharjah and will run until 15th January. Organised by Expo Centre Sharjah with the support of the Sharjah Chamber of...

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Business & Money | Monday 12 January, 2026 11:09 am

Major shift seen in opening real estate, financial markets to foreigners in 2026: Al-Falih

Minister of Investment Khalid Al-Falih said that Saudi Arabia will witness a major transformation in 2026 in opening its real estate and financial markets to foreign investors. Speaking during his participation in the Saudi–Japanese Ministerial Investment Forum, Al-Falih noted that the...

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Business & Money | Sunday 11 January, 2026 1:22 pm

Aldar successfully prices US$1.0 billion hybrid notes to accelerate growth agenda

Aldar has successfully priced its US$1.0 billion subordinated dated hybrid notes. The transaction attracted robust demand from a global institutional investor base, underscoring confidence in Aldar’s credit profile, and earnings outlook as it continues to deliver on its transformational growth...

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Business & Money | Sunday 11 January, 2026 1:20 pm

SEF 2026 empowers youth with Sharjah’s Little Founders launch

The Sharjah Entrepreneurship Festival (SEF 2026) has launched Sharjah’s Little Founders (SLF), a curated zone designed to nurture entrepreneurial aspirations and skills among children aged 7 to 12. The launch reflects SEF’s broader vision to empower aspirants to excel at all stages of...

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Business & Money | Sunday 11 January, 2026 1:17 pm

IRENA Assembly charts bold energy transition agenda for 2026

The 16th International Renewable Energy Agency (IRENA) Assembly convenes from 11-12 January 2026 in Abu Dhabi – marking the first international energy meeting of the year. Under the theme 'Powering Humanity: Renewable Energy for Shared Prosperity,' the global gathering will bring together...

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Business & Money | Sunday 11 January, 2026 1:06 pm

Abu Dhabi Department of Energy launches 'Barq' to promote sustainable transport

The Abu Dhabi Department of Energy (DoE), in collaboration with TAQA Distribution, launched “Barq”, an initiative designed to operate an ultra-fast, highly reliable network of electric vehicle (EV) charging stations, delivering an enhanced, value-added experience for customers. The project ...

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Business & Money | Sunday 11 January, 2026 1:02 pm

Al Akaria unit signs SAR 550M credit facility with Alinma Bank

Saudi Real Estate Co.’s (Al Akaria) subsidiary, Saudi Real Estate Infrastructure Co. (Binyah), signed a Shariah-compliant credit facilities agreement valued at SAR 550 million with Alinma Bank, according to a Tadawul statement. The credit facilities have a one-year tenor and are...

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Business & Money | Sunday 11 January, 2026 12:59 pm

Bank Albilad completes issuance of $500M AT1 sukuk

Bank Albilad completed the issuance of USD-denominated additional tier 1 (AT1) capital sukuk worth $500 million. In a statement published on Tadawul, the bank said that settlement of the sukuk issuance will take place on Jan. 15. Sukuk Issuance Details TypeUSD-denominated AT1...

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Business & Money | Sunday 11 January, 2026 12:25 pm

Dubai Customs achieves global milestone in future foresight readiness

Dubai Customs has achieved a major milestone reflecting its institutional leadership and proactive approach to future foresight and strategic planning, after receiving a global accreditation in future foresight from the Global Innovation Management Institute (GIMI). This makes Dubai Customs the...

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