AI could contribute up to 14.5% or $3.7 trillion to the US GDP. Yet, China stands to gain the most, with an impact equivalent to $7 trillion, or 26.1% of its GDP.
The planemaker has been present in the Middle East for over fifty years, working with a wide range of governments and airlines
Dubai Airports expects record-breaking numbers to continue in Q4 of this year and well into 2024
Held under the theme: ‘The Future of the Aerospace Industry’, the 18th edition of Dubai Airshow features a AAM pavilion this year in addition to the aerospace, space, and defence pavilions
Dubai beats out the likes of international realty hotspots such as Florida, New York, and London
The company reported EBITDA of Dhs20.6bn, a significant improvement compared to Dhs15.3bn during the corresponding period last year
The economic principles include building a digital economy and a fair legislative environment
Yahsat attributed its strong results due to the performance of its smart ICT solutions arm Thuraya Telecommunications
The PIF-owned airline has previously placed an order for 72 Boeing 787 widebody jets in anticipation of its launch date
SABIC has attributed the fall in revenue to a downturn in the global petrochemical market which continues to witness weak demand
The call is one of a number of international cruise liners set to arrive at Dubai Harbour during this year’s cruise season, with 300,000 passengers and 49 ship calls
The partnership with Dell further solidifies the healthcare’s position following the recent milestone acquisitions
The country’s debt problems have come amid a bruising economic crisis that has triggered a string of currency devaluations and record inflation
Abu Dhabi International which houses the new terminal will be renamed to Zayed International airport from February 9
The group’s Q3 earnings before interest, taxes, depreciation and amortisation rose by 13 per cent YoY to Dhs410m
Under Chapman’s leadership, Port Rashid transformed into a symbol of Dubai’s growing status as a trade and shipping hub
The new service between Dubai and Vancouver will be operated with a Boeing 787-9 aircraft, and will accommodate 298 passengers
The tournament spans nine days, taking tennis enthusiasts on a journey from the opening qualifiers to the finals
The Commercial Bank delivered a record net profit of Dhs1.9bn for the first nine months of 2023
Geopolitical tensions heightened by the Middle East crisis pose the biggest threat to the world economy
The conference was aimed at enhancing dialogue between the GCC and Chinese business communities to lead to the creation of diverse business opportunities
This ambitious undertaking underscores Saudi Arabia’s commitment to becoming a global leader in the esports arena
The US has proposed forming a largely tariff-free green steel club that would also be open to other allies
The company will provide SMEs with free corporate tax registration, free accounting services, and compliance guarantee
The specialised gaming and esports event will be co-hosted by the Saudi Esports Federation and Saudi Arabia Ministry of Sport in Riyadh on October 23
The updated rules also are meant to cover AI chips as technology evolves
The deal combines the largest US oil company with one of the most successful names to emerge from the shale revolution
It takes the total number of routes operated by the low-cost carrier from Madinah to 11
Food security is one of the five priority sectors that the development bank supports to contribute to the country’s national development agenda
The fund is looking at opportunities in the private credit market, as banks become more cautious about lending due to rising financing costs