The UAE will impose a minimum top-up tax of 15 per cent on large multinational companies operating in the country from next month
The venture seeks to address the growing demand for high-resolution imagery and data from SAR satellites, which can be applied across various use cases
The $63bn assets management firm will join other global asset managers and hedge funds in setting up in the ADGM
ADIO will support Partanna’s efforts to decarbonise the cement industry by enabling the establishment of its manufacturing facility in Abu Dhabi
This marks Apple’s first direct retail service in the kingdom and is a significant milestone in the company’s local operations
Saudi Aramco said it is lowering the official selling prices for refiners in Asia, which buy about 70 per cent of the kingdom’s crude
Microsoft invested $1.5bn in G42 earlier this year, giving the US company a minority stake and a board seat
By leveraging Google’s network and resources, Hub71 is set to provide a robust foundation for its startups to scale, innovate, and contribute to the UAE’s economy
The Khalifa Fund for Enterprise Development (Khalifa Fund) has unveiled a new strategy, including the…
The success at AIX Racing’s home ground is a moment of immense pride, marking a defining chapter in the team’s journey
The event will provide opportunities for networking, thought leadership, and collaboration on the future of finance
The group ED of Human Resources at Miral shares her insights on why companies and businesses need to recalibrate their HR strategies to meet the current and future needs of the industry
IHG is positioning itself to play a major role in the transformation of Al Madinah into a modern, culturally rich hub for both pilgrims and tourists
OPEC+, which pumps about half the world’s oil, had previously been planning to start unwinding cuts from October 2024
Mubadala Investment Company CEO, Khaldoon Al Mubarak, revealed the figure during the Milken Institute Middle East and Africa summit
By supporting the financial services sector through targeted exemptions, the UAE continues to build on its strategy of becoming a top-tier financial hub
The service will use self-driving vehicles to provide smart mobility solutions in various areas of Abu Dhabi, including Saadiyat Island and Yas Island
The Ruwais LNG facility is poised to make history as the first LNG export terminal in the region to be powered by clean energy
The construction of the warehouse is underway, with completion scheduled for November 2025
Authorities have encouraged drivers to take advantage of these discounts and clear any pending fines during the promotion period
The partnership will unlock up to $10bn in financing for Saudi Vision 2030 projects, boosting cooperation and commercial collaboration between the two nations
With its decarbonisation strategy, DIFC is aiming to boost its role as leading player in sustainable finance, setting ambitious benchmarks for decarbonisation in financial centres worldwide
By prioritising local content, the expanded list is poised to drive job creation, stimulate innovation, and accelerate Abu Dhabi’s transition to a diversified, non-oil economy
The group agreed to allow the UAE to raise output by 300,000 bpd gradually from April until the end of September 2026
Marking its golden anniversary, Jumbo celebrates ‘Trust that Transforms’ – a commitment that resonates through its customers, brands and a growing team
The suspension of the sales tax, which was initially planned to last for one year from January 1 to December 31, 2023, resulted in significant savings for restaurants, bars and hotels
Ramy Jallad, the Group CEO of RAKEZ says Ras Al Khaimah offers businesses unmatched access to diverse and lucrative markets
The Riyadh HQ will further bolster the aircraft maker’s commercial, defence, space and helicopter businesses in the region and globally
The co-investment process for the deal attracted a global group of investors, including Norwest and HarbourVest
The indicative share price of SAR123 and SAR127 per share implies a market valuation of around SAR5.6bn at the top of the range