Masdar City officially launched testing of cutting-edge autonomous vehicles as part of its ambitious vision to redefine sustainable urban transportation

Abu Dhabi: Masdar City begins testing autonomous vehicles

The autonomous vehicle tests at Masdar City mark an important step toward reshaping how cities approach sustainable transportation

GCC’s biggest bank QNB posts 10% jump in full-year net profit

GCC’s biggest bank QNB posts 10% jump in full-year net profit

The board proposed a cash dividend of 37 per cent of the nominal share value (QAR0.37 per share).

GEMS to launch UAE’s ‘most expensive’ school: Here’s how much it will cost

The education company says the high fees will allow it to hand-pick specialist teachers from some of the world’s most prestigious institutions

Saudi Arabia’s PIF completes acquisition of 23.08% stake in Saudi Re

Saudi Arabia’s PIF completes acquisition of 23.08% stake in Saudi Re

The investment is expected to boost the growth of the local reinsurance sector and improve coverage for commercial activities for insurance firms and companies in general

UAE and Malaysia sign MoU to collaborate in AI and tech sector Image courtesy WAM

UAE, Malaysia ink agreement to collaborate on AI, tech

The partnership will leverage AI and advanced data analytics to enhance national security, community safety, and operational efficiencies across both nations

2025 price hikes: Salik, parking, sewerage fees, insurance Image courtesy WAM

2025 price hikes: Salik, parking, sewerage fees, insurance

From updated Salik toll prices and reinstated alcohol taxes to rising insurance premiums and new EV charging tariffs, here’s a breakdown of key price hikes to watch for this year

AKCEL GP launches in Dubai, sets sights on global motorsport stage

It will race in circuits across Europe and the Middle East, offering a pathway for drivers aspiring to reach Formula 1.

TotalEnergies starts construction on Iraqi gas project

France’s TotalEnergies starts construction on Iraq gas project

The ArtawiGas25 facility, which is part of the gas growth integrated project, will process 50 million cubic feet per day (Mcf/d) of gas previously flared

Aldar Properties raises Dhs9bn sustainability-linked loan

Abu Dhabi’s Aldar Properties raises Dhs9bn sustainability-linked loan

The facility is six times larger than any other single-bank financing the company has done in its recent history

b2b BNPL potential to transform global-trade -ADL report

B2B BNPL’s transformative potential in global trade: report

B2B BNPL transaction volumes are expected to hit $25-30tn by 2030, according to the ADL report

Abu Dhabi’s ADQ plans to launch takeover of courier firm Aramex

Abu Dhabi’s ADQ plans to launch takeover of courier firm Aramex

Q Logistics has set the takeover bid price at $0.82 (Dhs3) per share, representing a 33 per cent premium over Aramex’s closing price on Thursday

Dubai: Private schools report 6% rise in enrolment for 2024-25 academic year

Dubai: Private schools report 6% rise in enrolment for 2024-25 academic year

The expansion of the sector is highlighted in a new KHDA report, which also noted the opening of 10 new private schools during the academic year

UAE Public Holidays in 2025 GettyImages-1432592872-e1670484896463

Planning your next break? Here’s the list of UAE public holidays in 2025

In 2025, UAE residents will enjoy at least 12 public holidays, including the special occasions of Eid, Islamic New Year, and UAE National Day

Dubai Marathon 2025: Key road closures on Jan 12

Dubai Marathon 2025: Key road closures on Jan 12

Dubai Metro services will begin at 5am on January 12, three hours earlier than usual, to provide convenient access to and from marathon-related areas

UAE to develop lander for Emirates asteroid belt mission

The Emirates Mission to the Asteroid Belt, which will begin its spacecraft development phase, is expected to last a total of 13 years

UAE’s MBZ-SAT earth observation satellite nears launch

Once operational in low Earth orbit, MBZ-SAT will be monitored from MBRSC’s Mission Control Centre, where teams will analyse the data transmitted back to Earth

Billionaire Hussain Sajwani sees more Gulf investments into US under President Trump

Hussain Sajwani: Gulf investments in US to soar under Trump

The real estate tycoon announced earlier this week that he planned to invest $20bn in data centres in eight US states over the coming years

Dubai’s DXV to launch world’s first flying taxi in 2026

Dubai’s DXV to launch world’s first flying taxi in 2026

The facility is the first of four vertical ports that Skyports is developing in partnership with the Roads and Transport Authority and Joby Aviation

Qatar eyes 3.4% non-oil growth, $100bn FDI by 2030

Qatar eyes 3.4% non-oil growth, $100bn FDI by 2030

The strategies are part of the Qatar Vision 2030 and seek to promote sustainable growth and boost the private sector’s contribution to the GDP

ADNOC Gas awards $2.1bn LNG supply infrastructure contracts

ADNOC Gas invests $2.1bn to advance LNG supply infrastructure

The three contracts are part of the $15bn CAPEX that ADNOC Gas plans to invest through 2029

Dubai, Abu Dhabi real estate markets shine in 2024: Property Finder

Dubai, Abu Dhabi real estate markets shine in 2024: Property Finder

As the UAE real estate market continues to evolve, both cities are showing resilience and growth, positioning the region as a dynamic and attractive destination for global investors

Aldar Properties marks milestone, issues $1bn hybrid notes

The success of this hybrid issuance underscores the growing investor confidence in its ability to deliver on its transformational growth strategy

Ethara, Oak View Group assume operations of Zayed Sports City

Ethara, Oak View Group assume operations of Zayed Sports City

Coldplay will perform at the iconic venue on January 9, 11, 12, and 14, 2025, as part of their global ‘Music of the Spheres’ World Tour

UAE’s FAB to offload $800m bad debt to Deutsche Bank

UAE’s FAB to offload $800m bad debt to Deutsche Bank – report

The German lender outbid other international candidates for the soured loans, but it is not yet clear how much it will pay for the loan book

Thomas B. Meier, CEO, Jumeirah

Hospitality giant Jumeirah names Thomas B Meier as CEO

The appointment of the new CEO is a key part of Jumeirah’s Mission 2030 strategic plan

NMDC wins $1.14bn offshore pipeline contract in Taiwan

Abu Dhabi’s NMDC wins $1.14bn offshore pipeline contract in Taiwan

Taiwan Power Company awarded the contract to NMDC Energy and NMDC Dredging and Marine – the subsidiaries of NMDC Group

Dubai Civil Aviation Authority, Keeta Drones to boost drone delivery operations

Dubai Civil Aviation Authority, Keeta Drones to boost drone delivery operations

The agreement focuses on advancing drone-based delivery services in Dubai, with an emphasis on ensuring the highest levels of safety and security in the skies

rain seeding tech_UAEREP launches 5th grant cycle with US university MTU Getty Images/ For illustrative purposes

UAE weather update: Rain, cooler temperatures, and rough seas forecast

Rainfall, a drop in temperatures, and increased humidity forecast for Thursday and Friday

Kuwait’s Warba Bank to acquire nearly 33% stake in Gulf Bank

Kuwait’s Warba Bank to acquire nearly 33% stake in Gulf Bank

The transfer of the shares will be completed upon obtaining the necessary approval from the regulatory authorities

Legendary comedian John Cleese returns to Dubai Opera on January 25

Legendary comedian John Cleese returns to Dubai Opera on January 25

Tickets for John Cleese’s show start at Dhs210 and are available on dubaiopera.com