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Shweta Jain

Shweta Jain

Assistant Business Editor

Articles

The pipeline ownership and operational management will remain with Adnoc, KKR said. Photo: Adnoc
KKR acquires minority stake in Adnoc gas pipeline assets

Deal will boost New York-based private equity firm's Abu Dhabi infrastructure investments

EnergyOctober 01, 2025
Tourism continues to be a bright spot in the UAE's economy, with Dubai welcoming nearly 10 million international visitors in the first half of the year. Antonie Robertson / The National
UAE Central Bank raises 2025 growth forecast amid boost from real estate

Strong performance by manufacturing, financial services, construction and real estate sectors supports growth

BusinessSeptember 19, 2025
A Carrefour store in the UAE. The French company said it renewed its partnership agreement with Majid Al Futtaim this year. Photo: Carrefour
Carrefour closures: Why did they happen?

French retailer has ceased all operations in Kuwait, Bahrain, Oman and Jordan

EconomySeptember 17, 2025
Du is expanding its operations and services in the UAE. Antonie Robertson / The National
Du's secondary share sale raises $858m

Dubai telecoms operator sets final price offer at Dh9.20 a share

MarketsSeptember 15, 2025
Adnoc Gas says it is diversifying its institutional investor base and elevating its global investment profile. Photo: Adnoc
Adnoc Gas set to join FTSE emerging index in move likely to add $250m in inflows

Inclusion will take effect on September 22

MarketsSeptember 08, 2025
Opec headquarters in Vienna, Austria. The latest decision by Opec+ will put increased pressure on member nations that rely on higher prices. AFP
Opec+ agrees another rise in oil output for October

The supergroup of oil producers decides on 137,000 bpd oil output increase

EnergySeptember 07, 2025
Striking Air Canada cabin crew at Vancouver International Airport in Richmond, British Columbia. Reuters
Dubai travellers tell of days in limbo due to Air Canada strikes

Airline says deal reached with cabin crew but warns it will take a week to return to normal

AviationAugust 19, 2025
Adnoc Distribution has pledged to expand further, supported by continued growth in the UAE's economy. Photo credit: Adnoc Distribution
Adnoc Distribution's first-half profit up 12% on higher fuel volumes

Company plans to add 60-70 new fuel stations by the end of 2025, with majority of those in Saudi Arabia

EnergyAugust 07, 2025
Ruwais LNG plant in Abu Dhabi. Adnoc Gas has signed three deals with Indian companies in the past year. Photo: Adnoc
Adnoc Gas signs 10-year LNG supply agreement with India’s Hindustan Petroleum

Company to supply 500,000 metric tonnes per annum of natural gas to India’s fuel retailer

EnergyAugust 04, 2025
China's Cosco Shipping Ports operates a major container terminal via a joint venture at Khalifa Port. Reuters
AD Ports sets up China office to serve emerging trade corridors

Beijing office will help advance Abu Dhabi group’s presence along China’s Belt and Road network

EconomyJuly 24, 2025
The Central Bank has imposed penalties related to the law on anti-money laundering and counter-terrorism financing. Nicole Hill / The National
UAE Central Bank fines three exchange houses Dh4.1 million

Move comes as banking regulator cracks down on regulatory non-compliance

BankingJuly 07, 2025
The Dubai Land Department and Crypto.com deal seeks to create digital ecosystem that enables investor verification, custody, settlement and real estate tokenisation. Antonie Robertson/The National
Dubai Land Department partners with Crypto.com for virtual property investment

Move brings emirate a step closer to the buying and selling of property with cryptocurrencies

PropertyJuly 06, 2025
Tony Fernandes, founder and chief executive of AirAsia, said a Gulf regional hub will connect people in South-East Asia with Europe. Reuters
AirAsia considering Ras Al Khaimah or Saudi Arabia for Gulf hub, CEO says

Malaysian budget airline has shortlisted four airports in the region, according to Tony Fernandes

AviationJune 30, 2025
A model of a carbon capture and storage system designed by Australia's Santos. The company owns LNG, pipeline gas and oil assets. Reuters
Adnoc’s XRG leads $19bn bid to buy Australian gas producer Santos

Offer price set at $5.76 per share to acquire all of the ordinary shares in Santos

EnergyJune 16, 2025
A pump jack at an oilfield in Midland, Texas. Oil prices have risen after Israel's strikes on Iran. Reuters
Oil prices surge after Israel's strikes on Iran

Brent and WTI crude futures settle around $74 a barrel after spiking more than 13% in immediate aftermath

EnergyJune 13, 2025
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