Business from Thursday, August 13th, 2026
-
ADNOC's XRG advances global gas strategy with Venezuela entry
XRG, ADNOC’s international energy investment company, has announced its entry into Venezuela through the award of the offshore Loran licence, and the transfer of interest in the licence by PDVSA Gas.
-
Iger, Kushner purchasing Lakers for record $12.5 billion
Venture capitalist Joshua Kushner and former Disney CEO Bob Iger are set to purchase the Los Angeles Lakers, with the deal valued at a record $12.5 billion, according to sources familiar with the matter on Wednesday.
News
-
UAE condemns Iranian attacks on Iraq's KurdistanThe UAE has strongly condemned the Iranian attacks targeting the private office of Iraqi Kurdish Prime Minister Masrour Barzani and the home of its security intelligence chief in Iraq's Kurdistan region.
-
Dubai upgrades key traffic corridor in Al Quoz to ease congestionDubai’s Roads and Transport Authority (RTA) has completed major upgrades on Al Marabea’ Street in Al Quoz, improving traffic flow and easing congestion.
-
Sheikh Abdullah discusses regional developments with Kuwaiti FMSheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, has discussed the latest regional developments in a phone call with Kuwaiti Foreign Minister Sheikh Jarrah Jaber Al-Ahmad Al-Sabah.
