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      Mary Sophia

      Mary Sophia

      Assistant Business Editor
      Location
      Abu Dhabi
      Mary is a deputy business editor at The National and has an extensive experience in business reporting in the region with both regional and international titles. Prior to joining The National, she was the deputy editor at Forbes Middle East and has also worked with BBC News and Gulf Business. She has interviewed chief executives of leading companies, ministers of state and other policy makers.

      Articles

      The ADX, which is owned by state holding company ADQ, registered one of its most successful years on record last year as number of listings surged. Photo: ADX
      ADX to see 13 more listings before year-end

      New listings could include four companies from outside the UAE, while others may be government and family-owned businesses

      MarketsMarch 28, 2022
      NMC owns 65 healthcare facilities with more than 1,400 hospital beds as well as 38 pharmacies. Photo: NMC
      NMC companies exit administration and become part of new group

      Two companies will remain in administration until their restructuring and legal issues are resolved

      EconomyMarch 25, 2022
      Olam Agri is a commodity trading and processing company that specialises in grains, oilseeds, rice and animal feed. Reuters
      PIF unit Salic pays $1.2bn for 35.4% stake in Singapore's Olam Agri

      The move will help the Saudi company to expand its international footprint and boost its access to strategic commodities

      BusinessMarch 25, 2022
      The new fund will enable ADQ to tap into fast-growing start-ups in Turkey. Bloomberg
      ADQ and Turkey's wealth fund in $300m deal to invest in tech start-ups

      ADQ TWF will invest in companies developing new technologies or improving existing technology in sectors such as energy, health care, food, agriculture and others

      EconomyMarch 24, 2022
      Coal and oil demand is expected to decline by nearly two thirds by 2050 as the world seeks to limit temperature rise to pre-industrial levels. Reuters
      World must double down efforts to achieve net zero by 2050 as conflict slows transition

      About $60tn of capex investment is needed in low-carbon technology to meet emissions target

      Road to Net ZeroMarch 23, 2022
      The UAE had 42 co-operatives with 200 branches operating across the country as of the end of 2020. Reem Mohammed / The National
      What the UAE's decision on listing co-ops will mean for the market

      The country is taking several measures to boost its financial markets and attract new investors

      MarketsMarch 22, 2022
      Windmills operated by Saudi's Acwa Power in Tangier, Morocco. In 2021, the Riyadh utility developer achieved financial closes of five projects in Saudi Arabia, South Africa and Uzbekistan. Reuters
      Acwa Power net profit slides in 2021

      Company's operating income for the year rose 12.5 per cent to $560m

      EnergyMarch 16, 2022
      Cofe App, which secured $10 million in funding last year, plans to expand to Egypt and Turkey. Ruel Pableo for The National
      Abu Dhabi's Cofe adds a little Kaffeen to e-commerce operation

      Deal allows Cofe to strengthen its e-commerce operations in the region

      Start-UpsMarch 16, 2022
      Mansoor Janahi, group chief executive of Sanad, and Bernard Roux, chief executive of Thales in the UAE. Photo: Sanad
      Sanad signs deal with Thales to develop aviation services

      The companies will exchange knowledge and work together on regional and international projects

      AviationMarch 14, 2022
      A rise in economic activity in China led to a greater demand for energy, which in turn resulted in higher emissions. AFP
      Global energy-related carbon emissions reach highest level yet in 2021, IEA says

      Coal accounted for 40% of the carbon dioxide emissions last year

      EnergyMarch 08, 2022
      West Texas Intermediate, the gauge that tracks US crude, jumped as President Joe Biden spoke about the US reponse to Russia's invasion of Ukraine. AFP
      Oil prices jump as US bans Russian crude imports

      The move is part of efforts to intensify sanctions against the world's second-largest energy exporter for its attack against Ukraine

      EnergyMarch 08, 2022
      Women business owners account for 10 per cent of the total private sector in the country. Photo: Chris Whiteoak and Pawan Singh / The National / Citi UAE / Multiply Group
      Twelve women in UAE business who have made their mark

      From retail to finance, technology to media, these women are playing a key role in supporting the country's growth

      EconomyMarch 08, 2022
      Cofe has grown between 200 and 300 per cent since its inception. Photo: Cofe
      Generation Start-up: Cofe uses tech to connect coffee lovers to specialty brews

      Kuwait-born company is considering acquisitions to consolidate its regional presence even as it expands to the UK and Turkey

      Start-UpsMarch 07, 2022
      Any non-performing loan increase is expected to be contained as corporate activity and the economy improve. Antonie Robertson/The National
      UAE bank lending set to grow in 2022, S&P says

      Higher oil prices, supportive government policies and improving economic sentiment could lead to a fast return to pre-pandemic levels

      BankingMarch 04, 2022
      Yahsat’s third satellite, Al Yah 3, was launched in January last year. Courtesy Mubadala Investment Company
      Abu Dhabi's Yahsat Q4 profit surges on higher revenue

      Satellite communications company plans to spend $190m in capital expenditure this year

      MarketsMarch 01, 2022
      More Articles

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