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Port Rashid, Dubai

'Investor Day' Of DIFC Innovation Hub Records $600 Million In Funding

DIFC Innovation Hub, the first and biggest financial technology accelerator in the Middle East, Africa and South Asia region, was attended by over 500 people, including finalists of the ninth edition of the FinTech Accelerator Program and the seventh edition of AccelerateHer.
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Earth

First Abu Dhabi Bank Signs Agreement With French Energy Firm

The signing of the MoU took place at the ongoing COP28 summit in Dubai. As per the agreement, FAB and ENGIE will work on derivatives or financing solutions related to energy, carbon, renewables, battery energy storage systems and green products and credit risk management.
The ADNOC carbon capture facility in Fujairah in the UAE

UAE To Pump CO2 Into Rock As Carbon Capture Debate Rages

High in remote mountains in the oil-rich United Arab Emirates, a new plant will soon take atmospheric CO2 and pump it into rock -- part of controversial attempts to target planet-heating emissions without abandoning fossil fuels.

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