The fund aims to play a pivotal role in helping achieve the ambitious industrial development agenda of Saudi Arabia as it transforms its economy
Capital investments by manufacturers operating in the emirate grew by Dhs12.4bn to Dhs384.1bn over the same period
The property developer aims to redefine contemporary living by offering unparalleled luxury in the heart of the city
The web hosting provider said the artificial intelligence domain will create numerous advantages for small businesses across various sectors
The Dubai AI and Web 3.0 Campus is a dedicated campus for AI and Web3 innovation and will provide physical and digital infrastructure within the DIFC Innovation One new premises
The UAE President Sheikh Mohamed bin Zayed extended his wishes to India’s President Droupadi Murmu
We shine the spotlight on some of the region’s most prominent startups
The national carrier currently serves London Heathrow with six daily A380 flights
The GCC railway project will include a line connecting Oman’s Suhar to UAE capital Abu Dhabi
The smart parking permit enables users to add five vehicles
The group’s net profit increased by 3 per cent year-on-year to Dhs310m in Q2 2023
The firm’s market capitalisation exceeds Dhs1bn ($272m) and it has close to $5bn in assets under management
Within the GCC, the largest number of Indian schools are in the UAE
The two entities will jointly explore opportunities to develop best practices and solutions for the airline’s recycling needs
The central bank said the business and industrial sectors received credit financing mostly from traditional banks
The food manufacturer’s half-year profit increased by 2.2 per cent to SAR32.4m from SAR31.7m a year earlier
The Boeing 737 MAX airplane family delivers enhanced efficiency, improved environmental performance and increased passenger comfort to the single-aisle market
Leveraging geothermal heat for district cooling operations has the potential to reduce electricity demand helping decarbonise an energy-intensive sector
The Red Sea International Airport is on track to receive its first domestic flights later this year
The company’s profit in the first six months to June 30 rose by 2.3 per cent to KWD29.4m
The company’s board of directors declared a second interim cash dividend for the year of 0.65 fils per share (approximately Dhs731m)
It will be powered by 100 per cent renewable energy from over 760,000 solar panels that Red Sea Global has built to power The Red Sea destination
HSBC Saudi Arabia, Al Rajhi Capital, SNB Capital, and AlJazira Capital have been appointed as joint lead managers to lead the transaction
ADNIC in its earnings release reported its underwriting profitability continued to be robust with a combined ratio of 87.60 per cent and a net insurance service profit of Dhs178.1m
The deals supposedly span more than 130 territories at rates as much as four times higher than last season’s total revenue from broadcast rights
The Brazil forward’s current contract with PSG runs until 2025
The total capacity of the solar energy projects commissioned at the Mohammed bin Rashid Al Maktoum Solar Park has reached 2,427MW
Smart technologies can unlock the potential data dividend in every link in the supply chain
The change, which follows directives from the Abu Dhabi Executive Council, is set to take effect from September 1
Qusai Kankazar, chief operations officer of AD Ports’ Logistics Cluster, tells us how the group is growing its global presence while bolstering its regional operations