Saturday, 23 May 2026
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Business & Economy

Emirates Nbd Secures Approval for Majority Stake in India’s Rbl Bank

Emirates NBD has received regulatory clearance to acquire a controlling interest in India’s RBL Bank, marking a significant cross‑border expansion that could boost the UAE lender’s earnings and deepen financial ties between the two markets.

The GCC

UAE Power Firms Seek Electrical Engineers Amid Renewable Expansion

Two leading UAE energy companies have announced openings for senior electrical engineers, reflecting growing demand for expertise in grid modernization and renewable integration as the region accelerates its clean‑energy transition.

Startups & Leadership

Khalifa Fund Expands Toolkit for Emirati Smes in Abu Dhabi

The Khalifa Fund has rolled out new financing options, loan schemes and advisory services aimed at strengthening Emirati small and medium enterprises in Abu Dhabi, signaling a broader push to diversify the emirate’s economy.

Global Insights

How Walmart Turned Tariff Pressures into Growth

Walmart leveraged its scale, expanded e‑commerce capabilities and introduced new loyalty fees to offset higher import costs, emerging from a year of tariffs with stronger margins and a more resilient supply chain.

Eco-Impact

Masdar and Sungrow Ink 7.5 Gwh Storage Deal for Abu Dhabi Rtc Project

Masdar and Chinese battery specialist Sungrow have signed a contract to deliver a 7.5‑gigawatt‑hour energy storage system for Abu Dhabi’s pioneering RTC project, bolstering the UAE’s push toward a resilient, low‑carbon power grid.

Eco-Impact

Adcmc Highlights AI‑Powered Safety Programs at Isnr 2026

At the International Safety and Resilience Conference, ADCMC unveiled a suite of AI‑driven tools aimed at boosting construction site safety, reducing waste and aligning UAE projects with global sustainability standards.

Eco-Impact

UAE Renewable Push Lowers GCC Emissions Amid Ongoing Oil Reliance

The United Arab Emirates has expanded solar and wind capacity, trimming regional carbon output, yet the Gulf’s heavy reliance on hydrocarbon revenues continues to temper overall climate progress, according to recent emissions data.

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