Purvi Munot Sav CEO

Homegrown startup Sav raises $750,000 in pre-seed round

The savings platform is part of the Mohammed Bin Rashid Innovation Fund’s (MBRIF) Innovation Accelerator programme

Dubai Lynx

2023: Dubai Lynx Festival kicks off

The event will offer attendees exclusive seminars, workshops, and inspirational talks from industry leaders in the creative sector

Dubai's Emirates to ramp flight frequencies to more than 15 destinations

Dubai’s Emirates to ramp up flight frequencies to more than 15 destinations

The carrier continues to scale up its A380 operations with the reintroduction of the aircraft across its network

retail summit

Global, regional retail giants converge on Dubai for The Retail Summit

The summit supports international brands looking to either establish an in-market presence or sell via cross-border ecommerce to the UAE

Some private schools in Sharjah can hike up to 5% fee for new academic year

Some private schools in Sharjah can hike fee for new academic year

However, schools with a rating below ‘Acceptable’ are not eligible to increase the tuition fee

SCCI, EDB partnership

Sharjah Chamber, EDB review funding solutions for investors

The bank is a financial enabler of the UAE’s economic diversification and industrial transformation agenda

Abu Dhabi’s Etihad announces flash sale, offers 20% discount

Abu Dhabi’s Etihad announces flash sale, offers up to 20% discount

The promotion is valid on return and one-way journeys on Etihad-operated flights booked on the carrier’s website

Dubai: 90 number plates up for grabs at RTA's auction this March

Dubai: 90 number plates up for grabs at RTA’s auction this March

Number plates of two, three, four and five digits will be on offer

Abu Dhabi foster innovation

Abu Dhabi expands patent service to foster innovation

Financial aid for all supported businesses will increase by up to 30 per cent to help inventors during the critical invention phase

ADNOC Gas IPO debuts on ADX

Abu Dhabi’s ADNOC Gas surges on ADX trading debut

The IPO is the largest ever in Abu Dhabi and the largest globally, year to date, as the emirate is expecting eight more listings

Presight AI _Cover Image_IPO

Presight AI announces start of subscription for IPO

The listing is the latest in a series of IPOs in the Gulf region as governments seek to bring more international investors into their markets

Air Arabia Abu Dhabi launches flight to Amman

Air Arabia Abu Dhabi marks inaugural flight to Amman

The new direct flights will connect Abu Dhabi International Airport to Queen Alia International Airport in Amman with a frequency of three flights weekly

Syed Basar Shueb, IHC CEO and Managing Director

Abu Dhabi-based IHC’s 2022 profit surges to a record $8.9bn

The conglomerate’s revenues surged by 78 per cent to Dhs50.9bn, driven by growth across all verticals and the company’s strategic acquisitions in 2022

Saudi Aramco’s record net income. Image by Aramco

Saudi Aramco profit surges to $161.1bn in 2022, raises dividend

The company’s declared a dividend of $19.5bn for the final quarter of 2022, a 4 per cent increase compared to the previous three-month period

Mohammed bin Salman

Saudi Arabia unveils Riyadh Air, the country’s new national carrier

Riyadh will be the company’s operational hub, and will connect the Saudi capital to over 100 destinations globally

How hospitality is reshaping Dubai's real estate landscape

How hospitality is reshaping Dubai’s real estate landscape

The growing stature of Dubai as a tourist destination is redefining developers’ strategies

Ramadan: Working hours for federal govt employees announced

Ramadan 2023: UAE announced reduced working hours

Authorities have announced truncated hours for federal government entities as well as the private sector

Saudi Arabia

Saudi Arabia relaxes tourist visa rule for all GCC residents

The announcement is the latest in a series of initiatives that seek to attract visitors coming from GCC countries

Select private schools in Dubai can increase fees by 3% for new academic year

Select private schools in Dubai can increase fees by 3% for new academic year

The rate by which schools can increase fee is tied to their most recent evaluation by the Dubai Schools Inspection Bureau

Saudi Arabia GDP 2022

Saudi Arabia’s 2022 GDP grows 8.7 per cent, boosted by higher oil prices

The country’s GDP crossed the $1tn mark for the first time in 2022 as higher oil prices boosted government revenues

Cover story: How Magnom Properties is keen to invest in the future

The real estate arm of Saudi conglomerate, Rawabi Holding, is looking to be part of the solution on climate change

QatarEnergy

QatarEnergy, CPChem begin construction of $8.5bn petrochemical facility

The plant is expected to startup in 2026

Korea Eximbank and Saudi Aramco deal

Saudi Aramco signs $6bn deal with Korea Eximbank

The deal comes amid expectations of lucrative business opportunities in Saudi Arabia and the Middle East

Shurooq unveils new identity

Sharjah’s Shurooq launches new visual brand identity

The new identity incorporates an abstracted Arabic letter and the English S to symbolise a beacon for investment and transformation

Agility opens data centre sites

Kuwait’s Agility launches data centre sites across Middle East and Africa

The company plans to build additional sites in other rapidly growing data centre markets including Nairobi, Casablanca and Lagos

UAE's Al Ansari Financial Services to list 10% stake in IPO

UAE’s Al Ansari Financial Services to list 10% stake in DFM IPO

The company plans to list its shares for trading on the Dubai Financial Market next month

Ducab announces growth in revenue

UAE’s Ducab Group announces 19% rise in revenue in 2022

Ducab Group posted total annual revenue of $1.8bn

Anghami reports 35.6% revenue growth, subscribers rise 21% in 2022

Anghami reports 35.6% revenue growth, subscribers rise 21% in 2022

The streaming service ended the past year with 1.52 million paying subscribers

Best workplace in UAE 2023

These are the best places to work in the UAE in 2023

The top five companies to work for in the large category include McDonald’s, Leminar Group, Al Dabbagh Group, Centrepoint and Chalhoub Group

Tamakani milestones showcased by Aamer Sheikh PepsiCo CEO Middle East

How PepsiCo’s Tamakani initiative is empowering Saudi women

Aamer Sheikh, PepsiCo CEO Middle East, shares how the company’s women empowerment platform aims to support one million Saudi women by 2030