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Dubai-based Mashreqbank has agreed to pay $100m in penalties to the New York State Department of Financial Services to end an investigation into its violation of sanctions targeting Sudan.

Jazeera Airways signed a deal with Airbus for 28 new A320 and A321 aircraft with a list price of $3.3bn.

Oman’s largest renewable energy project began operating on 24 January.

First Abu Dhabi Bank (FAB) made a non-binding offer on 9 February to acquire a majority stake in Egyptian investment bank EFG Hermes.

Federal Prime Minister and Dubai Ruler Sheikh Mohammed Bin Rashid Al-Maktoum held talks with Turkey’s President Recep Tayyip Erdogan at the site of the Expo 2020 fair in Dubai on 15 February.

Rahbar (Supreme Leader) Ayatollah Seyyed Ali Khamenei appointed Brigadier General Amir Hatami as his advisor on army affairs on 9 February.

Abu Dhabi National Oil Company (Adnoc) and Austria’s Borealis are considering a potential initial public offering of a minority stake in their plastics joint venture Borouge.

Dubai Electricity and Water Authority (Dewa) almost tripled the size of its initial public offering (IPO) on 30 March from 6.5% to 17% of its equity.

Abu Dhabi National Oil Company (Adnoc) said on 29 April it had bought a 25% stake in petrochemical company Borealis from fellow Abu Dhabi entity Mubadala. Austria’s OMV retains its 75% stake in Borealis (Mubadala also owns 25% of OMV).

Geopolitical and energy security considerations have brutally shifted since Russia’s invasion of Ukraine in February, prompting the US to regear its relationship with Saudi Arabia.

Qatar is aiming to start supplying Germany with liquefied natural gas (LNG) in 2024, according to comments by foreign minister Sheikh Mohammed Bin Abdulrahman Al-Thani.

Abu Dhabi National Oil Company (Adnoc), Masdar and energy major BP are to develop clean hydrogen and technology hubs in a three-way partnership deal .

Kuwait's Crown Prince Mishaal Al-Ahmed Al-Jaber Al-Sabah has continued to field calls from regional leaders enquiring after his well-being, following a recent health scare.

Sultan Haitham bin Tarik promoted Brigadier Mohammed Bin Rabe Bin Jamaan Al-Shujaibi to the rank of Major General and appointed him as operations assistant to the Internal Security Service head Lieutenant General Said Bin Ali Al-Hilali.

Organisation of Petroleum Exporting Countries (Opec) secretary-general Mohammad Sanusi Barkindo fell victim to a heart attack in his native Nigeria on 5 July, shortly before he was due to leave the post he had held with some skill and grace for six years. Veteran Kuwait Petroleum Corporation and government official Haitham Al-Ghais is scheduled take over as secretary-general in Vienna on 1 August.