Author: MoneySecrets
Abu Dhabi, April 11 – Abu Dhabi Securities Exchange (ADX) recorded a strong performance in the first quarter of 2025, driven by a notable rise in liquidity and increased activity from both foreign and institutional investors. Foreign investor trading surged by 62% to AED 69.8 billion, while net foreign investment jumped 151% to AED 8.5 billion, raising their contribution to total trading to 42%. The market capitalization also grew by 3.2%, reaching AED 2.93 trillion. Exchange-Traded Funds (ETFs) saw an exceptional growth of 109%, while total liquidity rose 21%, and trading volume increased by 39%. Executed trades rose 41% to…
BRUSSELS, April 10 – The European Union and the United Arab Emirates have officially agreed to launch negotiations for a free trade agreement, as both sides seek to strengthen economic ties amid global uncertainty following recent U.S. tariff policies. According to a statement from the European Commission, Commission President Ursula von der Leyen and UAE President Sheikh Mohamed bin Zayed held a phone call during which they agreed to initiate talks aimed at reaching a Comprehensive Economic Partnership Agreement (CEPA). The negotiations will cover trade in goods and services, investment, and collaboration in key strategic areas such as renewable energy,…
Dubai, April 10- Masdar, UAE-based renewable energy company, has completed its full acquisition of Greece’s Terna Energy, marking a key step in its international expansion. After acquiring a 70% stake in November 2023, Masdar purchased the remaining shares through a mandatory tender offer, valuing Terna at €3.2 billion. Masdar aims to expand further in Europe, Asia, and the U.S., with plans to boost its renewable energy capacity from 51 to 100 gigawatts by 2030. CEO Mohamed Jameel Al Ramahi emphasized the company’s commitment to supporting energy transition efforts in Greece and across Europe. Source: Reuters
e& Group has announced the launch of its new “Business Continuity Service” during the Global Emergency and Crisis Management Summit 2025, organized by the National Emergency, Crisis and Disaster Management Authority in Abu Dhabi. The service aims to support organizations in addressing potential threats by developing effective response mechanisms that ensure operational continuity and minimize disruptions, while enhancing efficiency and regulatory compliance. The service offers a comprehensive framework tailored to meet the needs of various sectors, including both public and private entities. It provides solutions such as business continuity management systems, emergency response plans, and assistance in obtaining global certifications…