Built for air taxis, Danube unveils Bayz102 tower

Apart from the helipad for sky taxis, Bayz102 is expected to feature more than 40 amenities in Dubai’s Business Bay area

Abu Dhabi: Mair Group for Strategic Investments launches operations

Abu Dhabi: Mair Group for Strategic Investments launches operations

Mair Group’s assets include Makani Real Estate Company, which operates a diverse chain of community shopping centres, and SPAR for retail, which has been active in Abu Dhabi for over a decade

PGIM opens Abu Dhabi office, joining money managers’ rush to UAE capital

PGIM opens Abu Dhabi office, joining money managers’ rush to UAE capital

The investment management firm said it has served clients in the Middle East for many years, but Abu Dhabi office would be its first in the region

How Abu Dhabi’s investment legacy is fostering economic development

How Abu Dhabi’s investment legacy is fostering economic development

The city benefits from a thriving, diversified economy, fueled by strategic vision, structural reforms and prudent economic policies

Abu Dhabi’s tech hub Hub71 attracts $130m in startup investment

Hub71 startups attract $130m in investment; here’s who made it to cohort 15

Cohort 15 startups will benefit from up to Dhs250,000 worth of in-kind incentives and Dhs250,000 in cash for equity through a SAFE note

Dubai - Sheikh Hamdan

Everything you need to know about Dubai’s population registry

The new registry aims to “centralise Dubai’s population data, ensuring accuracy, comprehensiveness and real-time updates”, as per Dubai Media Office

QNB board approves QAR2.9bn share buyback program

QNB board approves QAR2.9bn share buyback program

The share buyback will be carried out through open-market purchases and financed by the lender’s retained earnings and excess cash

Etihad Airways reportedly plans to list in 2025

Abu Dhabi’s Etihad Airways plans IPO no earlier than 2025, report says

The airline had planned to go public this year, but it decided to wait until 2024 to showcase its strong financial performance

Thierry Sabbagh of Nissan Middle East on the Arc and key auto trends

Nissan’s Thierry Sabbagh on The Arc, electrification and all-new Patrol

Nissan’s DVP and president – Middle East, Saudi Arabia & CIS discusses the brand’s impressive growth in the region, driven by a diverse product lineup, robust SUV demand, and customer-centric innovations

Bapco Energies sells stake in Saudi Bahrain Pipeline to BlackRock fund

Bapco Energies sells stake in Saudi Bahrain Pipeline to BlackRock fund

Bapco Energies and BlackRock signed another MOU to explore Bahraini infrastructure and decarbonisation projects in the future

Saudi Arabian Mills sets IPO price range, seeks to raise $271m

Saudi Arabian Mills prices IPO at top of indicated range to raise $271m

The milling firm said that the retail subscription period will run from September 18 to September 19

RUSSIA-SAUDI-SPA OPEC TALKS

Saudi crown prince, Russia’s Lavrov discuss OPEC+ cooperation in Riyadh

Lavrov arrived in Saudi Arabia on an official visit on Sunday

ENEC, India's NPCIL to explore civil nuclear energy collaboration

UAE’s ENEC, India’s NPCIL to explore civil nuclear energy collaboration

The MoU allows for future investment opportunities further reinforcing the special strategic relationship between the UAE and India

Rorix Holdings' Finstreet unveils regulated digital trading platform at ADGM

Rorix Holdings’ Finstreet unveils regulated digital trading platform at ADGM

Finstreet’s subsidiaries – Finstreet Global Market, Finstreet Global Clearing and Settlement, and Finstreet Capital – have received financial services permissions from ADGM’s FSRA

NMDC Energy’s shares surge above 20% on trading debut

NMDC Energy’s shares surge above 20% on trading debut

The construction and dredging services firm offered 1.15 billion shares in NMDC Energy, and the offering was 31.3 times oversubscribed

G42 unveils Hindi LLM ‘NANDA’ at UAE-India Business Forum

G42 unveils Hindi LLM ‘NANDA’ at UAE-India Business Forum

NANDA is a 13 billion-parametre model, trained on approximately 2.13 trillion tokens of language data, with a strong focus on Hindi

Aramco-gain-summit

Saudi Aramco unveils 6 new initiatives to drive digital development

Aramco noted that its deployment of supercomputing infrastructure supports development of AI solutions

Oil prices surge after OPEC + extends output cuts

Oil hovers below $70 for second day

Oil benchmarks fell nearly $3 on Tuesday, with Brent hitting its lowest since December 2021 and WTI falling to a May 2023 trough

ADNOC Group to acquire Covestro for about $15.9bn: FT reports

ADNOC to acquire Covestro for about $15.9bn: FT reports

Covestro said in June it was stepping up talks with ADNOC after the UAE’s national energy company made an improved takeover bid

David-Boast-General-Manager-MENA-at-Endava on why GCC enterprises must modernise before AI adoption

Why GCC enterprises must modernise before AI adoption

Harnessing AI to its fullest has a prerequisite — the revamp of the IT suite from top to bottom, and organisations, their vendors and partners must work together to build the future

Joby Aviation applies for aircraft certification in the UAE

Flying taxi firm Joby applies for aircraft certification in the UAE

Joby’s S4 Aerial taxi can transport five people at speeds up to 322km per hour, completing the journey from Abu Dhabi to Dubai in just 30 minutes

Standard Chartered starts custody services for digital assets in the UAE

Standard Chartered starts custody services for digital assets in the UAE

Standard Chartered is among banks that have been extending their foray into the crypto sector as more institutional investors adopt the asset class

Hala Taxi bookings available thru whatsapp Image Hala Taxi

In Dubai, you can now book taxis via WhatsApp

This new feature aims to streamline the booking process by leveraging the widely used messaging app, enhancing accessibility for both residents and tourists

leadership - Middle East

5 key strategies for business success in the Middle East

Despite regional flux, up to 42 per cent of UAE-based regional CEOs expect double-digit growth in 2024 indicating a thriving business environment, as per an EMIR survey

Dubai Jumeirah beach, Dubai Marina

What to know before renting or buying in Dubai

When considering purchasing or renting a property in Dubai, prioritise locations that align with your lifestyle and future goals

Dubai, Abu Dhabi rankings rise global real estate transparency index: JLL

Dubai, Abu Dhabi rise in global real estate transparency index

Dubai and Abu Dhabi have continued to enhance their data and service offerings through the REST and DARI platforms

ADNOC signs multi-year LNG supply agreement with IndianOil

ADNOC signs multi-year LNG supply agreement with IndianOil

The LNG will primarily come from the state-owned energy firm’s lower-carbon Ruwais LNG project

ADQ

ADQ establishes Q Mobility as part of transport portfolio

The company is integrated into ADQ’s wider transport and logistics portfolio, which includes Abu Dhabi Airports, AD Ports Group, Etihad Airways, and Etihad Rail

QatarEnergy expands fleet with six new QC-Max LNG vessels

QatarEnergy expands fleet with six new QC-Max LNG vessels

The ships, which will be built at China’s Hudong-Zhonghua shipyard, are the largest LNG vessels ever built, with a capacity of 271,000 cubic metres each

Dubai unveils Dhs4.5bn Dubai National University to boost higher education

Dubai unveils Dhs4.5bn national university to boost higher education

The university’s vision aligns with the emirate’s goal of fostering a knowledge-based economy, providing students with skills to meet the demands of the global workforce