The Capital Connect
Breaking business updates and trade deals, sector insights, personal finance, and global economic trends.
Abdulla bin Touq Al Marri, Minister of Economy and Tourism, affirmed that the national “Naseej” initiative, launched under the directives of the UAE leadership, will contribute to recycling more than 220,000 tonnes of discarded textiles.
ADNOC has partnered with the Ministry of Industry and Advanced Technology (MOIAT) to organise the Industrialists Career Exhibition 2026, which will be held on 8th-9th June at the Abu Dhabi Energy Centre. The event aims.
The Ministry of Energy and Infrastructure (MoEI), in collaboration with 42 Abu Dhabi, has launched a specialised Artificial Intelligence Hackathon aimed at developing innovative technology solutions that enhance government service efficiency and accelerate procedures across.
Bitcoin fell below the $60,000 threshold on Friday for the first time since October 2024, driven by waning appetite for cryptocurrency and broader market risk-off sentiment. The digital currency slid by approximately 6% to hit.
The Abu Dhabi Securities Exchange (ADX) Group will lead a delegation of 23 prominent listed companies to the fifth HSBC GCC Exchanges Conference in London from 8th to 11th June to highlight the resilience, deep.
Khaldoon Khalifa Al Mubarak, Chairman of the Executive Affairs Authority, visited Washington, D.C., where he and the accompanying delegation met with US Vice President JD Vance, Secretary of the Treasury Scott Bessent, Secretary of Commerce.
The Abu Dhabi Department of Energy (DoE) hosted the third edition of the Water and Energy Majlis under the theme “From National Readiness to Smart Resilience”. The Majlis is a flagship Department of Energy initiative.
Gold prices fell on Friday and were poised for a weekly loss amid rising inflation and interest rate-hike fears. Spot gold was down 0.7 percent at $4,442.94 per ounce, as of 0402 GMT. It has.
Hub71, Abu Dhabi’s global tech ecosystem, has selected 27 startups to join its Access Programme as part of Cohort 18, following a record 2,453 applications from 112 countries. The selected startups have raised an average.
As preparations continue for the 2026 UN Water Conference, which will be co-hosted by the UAE and Senegal in Abu Dhabi from 8-10 December 2026, the Ministry of Foreign Affairs (MoFA) participated in the 4th.
First Abu Dhabi Bank (FAB) today announced, ahead of World Environment Day, a strategic partnership with Water.org and its affiliated impact investment manager, WaterEquity. As part of this partnership FAB has invested in the WaterEquity.
Global commodity markets experienced a reallocation of capital during early Asian trading on Thursday, as a contraction in oil prices and a weaker US dollar combined to lift gold and other precious metals. Oil prices.
The Ministry of Energy and Infrastructure (MoEI) participated in the Digital Readiness Retreat 2026, a platform which brings digital government leaders together to exchange experiences and learn about advanced practices aimed at enhancing the UAE.
Emirates Water and Electricity Company (EWEC) has announced the award of the Taweelah C Independent Power Producer (IPP) project, in Abu Dhabi. The project, which comprises a 2.6 gigawatt (GW) Combined Cycle Gas Turbine (CCGT).
Abu Dhabi Islamic Bank (ADIB) has introduced a new digital service allowing individual employers to register and pay employees’ salaries directly through the ADIB Mobile Banking app and corporate employers via the ADIB Direct app..
Gold prices held steady on Wednesday, as investors watched out for developments in the Middle East amid rising inflation fears and awaited upcoming US economic data. Spot gold was unchanged at $4,485.17 per ounce by.
AD Ports Group (ADX: ADPORTS) today acquired Corredor Logística e Infraestrutura (CLI), Brazil’s leading independent agri-bulk port terminal operator, entering the South American market with a strategically major expansion transaction. São Paulo-based CLI operates two.
Dubai World Trade Centre (DWTC) Free Zone has entered into a strategic collaboration with DHL Express, the leading international logistics provider, to build a robust ecosystem that enables small and medium-sized enterprises (SMEs) to grow,.
Gold edged higher on Tuesday, supported by lower Treasury yields. Spot gold rose 0.5 percent to $4,507.56 per ounce by 0420 GMT. US gold futures for August delivery gained 0.7 percent to $4,538. Among other.
Consumer prices in the Republic of Korea rose by more than 3 percent in May compared with the same month last year, amid volatility in global energy prices following developments in the Middle East. According.
