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Mary Sophia

Mary Sophia

Assistant Business Editor
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

Sodic, which has its headquarters in Cairo and is listed on the Egyptian Exchange, is one of Egypt’s leading property companies. Pawan Singh / The National
Aldar and ADQ in $386.8m Sodic deal

Consortium will focus on identifying growth opportunities and guide developer's long-term strategy

PropertyDecember 07, 2021
An Acwa Power wind turbine in Morocco. The Riyadh utility developer plans to double its renewable energy portfolio in the next five years. Reuters
Acwa Power signs deal with Natixis to secure funding for new projects

French bank could finance up to $2bn of the Saudi energy company's initiatives over the next two years

EnergyDecember 06, 2021
A group of wind generators in the steppes of Kazakhstan. Abu Dhabi's ADQ and Taqa have agreed with Kazakhstan's Samruk-Kazyna to explore the development of three greenfield power projects in the country. Photo: Alamy
ADQ and Taqa sign energy deal with Kazakhstan's wealth fund

ADQ and its portfolio companies will invest up to $6bn in power projects in the central Asian country

EnergyDecember 01, 2021
Allen Medical Pavilion is one of the assets acquired by GFH in the US. Photo: GFH
GFH acquires US medical offices portfolio in $200m deal

The value of the group’s US healthcare portfolio exceeds $400m after deal

EconomyNovember 30, 2021
The agreement will help EGA reduce greenhouse gas emissions as electricity generation accounts for a significant proportion of its total greenhouse gas emissions. Photo: Emirates Global Aluminium
EGA to explore use of hydrogen to power its turbines amid net zero efforts

The UAE company teams up with GE to set up a joint steering committee to create and drive the decarbonisation roadmap forward

EnergyNovember 28, 2021
The declaration of intent was signed at the Abu Dhabi International Petroleum Exhibition Conference on Tuesday. Photo: Ministry of Energy and Infrastructure
UAE and Russia to strengthen energy sector co-operation

The two countries will develop AI and digital services, as well as exchange expertise in the clean energy sector

EnergyNovember 16, 2021
The final guidelines are issued after a public consultation that was launched in June 2021. Nicole Hill / The National
Financial regulators sets guidelines on use of enabling technologies

The recommendations will help the financial institutions to 'proactively and appropriately' manage risks arising from innovative technologies

BankingNovember 15, 2021
GAL provides aviation maintenance, repair and overhaul services to military and civilian customers. Photo: Edge
Edge unit secures $2.9bn award from UAE Armed Forces

Maintenance, repair and overhaul contract expected to enhance 'operational readiness' of country's Air Force and Air Defence

AviationNovember 14, 2021
Senaat was transferred to ADQ's portfolio in 2020 when the state holding company rebranded and expanded its remit. Fatima AL Marzooqi/ The National
Moody's upgrades Abu Dhabi company Senaat's rating

Company attains the fifth-highest investment grade rating of 'A1' while its outlook is revised to stable

EconomyNovember 10, 2021
Seasonally adjusted quarterly real gross domestic product grew 5.8 per cent, quarter on quarter. AP
Saudi Arabia’s third-quarter GDP grows at the fastest pace since 2012

Buoyant oil prices have helped boost the kingdom’s economic prospects

EconomyNovember 09, 2021
Sightseers take photos by the Dubai Fountain near Dubai Mall, one of Emaar's flagship properties. AP
Emaar Malls' third-quarter net profit surges 86% on higher revenue

The company's e-commerce platform Namshi recorded sales worth $87.13m during the period

EconomyNovember 08, 2021
The new board of directors will help to develop plans and strategies to spur growth and double the size of Dubai Financial Markets. Reuters
Helal Al Marri to become chairman of DFM's new board

He replaces Essa Kazim, who has been the chairman of the emirate's financial market since its inception

BusinessNovember 03, 2021
Traders at Dubai Financial Market. The emirate has taken steps to encourage listings. Pawan Singh / The National
Dubai to list 10 state-owned companies

A Dh2bn market-maker fund will also be created to increase liquidity in the local market

MarketsNovember 01, 2021
Bahrain aims to create more than 20,000 jobs for its citizens annually until 2024. AFP
VAT increase and jobs boost as Bahrain unveils economic plan

The country aims to bring $2.5bn in foreign direct investment by 2023

EconomyOctober 31, 2021
Non-oil revenues in Saudi Arabia are up 33 per cent to 299.5bn riyals this year. EPA
Saudi Arabia posts its first quarterly budget surplus since 2019

The Arab world's biggest economy posted a surplus of $1.8bn

EconomyOctober 31, 2021
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