The expenditure for fiscal year 2025 alone is estimated at Dhs86.26bn, with revenues projected at Dhs97.66bn
The agreements cover a range of projects across the GCC, China, Central Asia and North Africa, focusing on financing, renewable energy, storage projects, and research and development initiatives.
The two entities are collaborating to build a network of community retail outlets, including hypermarkets, supermarkets, and other retail stores
The solar project, which will be developed in phases, will generate up to 1.25 GW at peak using 2 million bifacial solar panels
The sovereign wealth fund is driving economic diversification by investing billions in new sectors to reduce oil dependency
The UAE and Saudi Arabia are rising stars from the Middle East in embracing driverless transportation to achieve sustainable mobility
With piling works set to begin in March 2025, the project is expected to reach completion by Q1 2027
The VP and head of Fan Engagement and Direct-to-Consumer at NBA Europe and Middle East, shares the strategy and vision driving NBA’s expansion into Abu Dhabi and its presence in the region
The bilateral trade pact is expected to unlock new avenues for cooperation in key sectors such as food production, apparel, machinery, and metals
The indicative price range was set between SAR120 and SAR132 per share, implying a market capitalisation of between SAR3bn and SAR3.3bn
The vp and head of Cloud & Network Services says the company’s focus on AI and private wireless networks positions it well to address the evolving needs of the market
From investment impact to compliance obligations, FTI Consulting’s Nilesh Ashar explores how this tax positions Bahrain on the international tax landscape while offering strategic reliefs to boost the economy
The indicative share price of Dhs1.94 and Dhs2.04 per share implies a market valuation of around $5.74bn (Dhs21.07bn)
Gallega Global Logistics is known for its supply chain solutions across sectors such as automotive, industrial, FMCG, healthcare, and retail
The UAE-Brazil Business Council stands as a pivotal platform for ongoing cooperation, with an ambitious agenda to enhance trade and investment, and support long-term economic partnerships
The improvements will reduce delay time from 12 minutes to 90 seconds, and cut travel time from Sheikh Zayed Road to Sheikh Khalifa bin Zayed Street from six minutes to one minute
Key aspects of the decree-law include the establishment of updated vehicle classifications and the integration of modern road technologies
As Dubai and Abu Dhabi continue to lead in attracting global talent, their focus on innovation and sustainability positions them as vital players in an evolving economic landscape
Here’s your guide to making the most of the Dubai Fitness Challenge to jumpstart your wellness journey
The MD of HDI Global’s Dubai office, van Wyk discusses the critical role of innovation and tailored solutions in enhancing resilience across industries
The CEO says the firm is collaborating with partners in the ecosystem to provide drivers with a seamless transition from internal combustion engine
The first line, designated DC2, operates from 8am to 10pm, Monday to Saturday, and from 10am to 10pm on Sundays, with intervals of 30 to 50 minutes
The investment represents a pivotal moment in e&’s international strategy to scale and add resilience to its operational profile
For both cities, the ease and clarity of regulations has been a significant draw for financial investors
Last year, deals worth $17.9bn were agreed at the forum and organisers say they expect $28bn in deals to be announced this year.
The share of the aviation industry to Dubai’s economy hit a record Dhs137bn in gross value added, equivalent to 27 per cent of the GDP
The barrierless parking solution eliminates the need for cars to stop when entering or exiting the mall’s parking lots
This initiative aligns with Saudi Arabia’s National Transport and Logistics Strategy, aiming to promote the use of modern technologies in transportation
Combining advanced blood biomarker analysis and self-reported health data, Bioniq creates customised supplements designed to meet individual health needs
Third quarter revenues reached Dhs3.975bn, up 110 per cent from the corresponding period of 2023, the company reported