dnata Logistics expands footprint with $27m facility in Dubai South

UAE’s dnata Logistics expands footprint with $27m facility in Dubai South

The construction of the warehouse is underway, with completion scheduled for November 2025

Avail a 50% discount on traffic fines at these four emirates

UAE: Avail a 50% discount on traffic fines in these 4 emirates

Authorities have encouraged drivers to take advantage of these discounts and clear any pending fines during the promotion period

PIF and Bpifrance Assurance Export sign $10 billion memorandum of understanding

Saudi’s PIF, Bpifrance Assurance Export sign $10bn MoU to support key projects

The partnership will unlock up to $10bn in financing for Saudi Vision 2030 projects, boosting cooperation and commercial collaboration between the two nations

DIFC unveils decarbonisation strategy Image courtesy DIFC

DIFC unveils decarbonisation strategy with ‘net zero by 2045’ goal

With its decarbonisation strategy, DIFC is aiming to boost its role as leading player in sustainable finance, setting ambitious benchmarks for decarbonisation in financial centres worldwide

Abu-Dhabi expands golden Vendor List -GettyImages-1239915485

Abu Dhabi unveils expanded Golden Vendor list, covers 145 industries

By prioritising local content, the expanded list is poised to drive job creation, stimulate innovation, and accelerate Abu Dhabi’s transition to a diversified, non-oil economy

Oil steady after smaller-than-expected OPEC+ output hike

OPEC+ delays oil output hike until April, extends cuts into 2026

The group agreed to allow the UAE to raise output by 300,000 bpd gradually from April until the end of September 2026

50 years and counting: Jumbo's next chapter

50 years and counting: What Jumbo’s next chapter entails

Marking its golden anniversary, Jumbo celebrates ‘Trust that Transforms’ – a commitment that resonates through its customers, brands and a growing team

Dubai to reintroduce 30% alcohol sales tax in 2025 – report

Dubai to reintroduce 30% alcohol sales tax in 2025 – report

The suspension of the sales tax, which was initially planned to last for one year from January 1 to December 31, 2023, resulted in significant savings for restaurants, bars and hotels

How RAKEZ is catalysing business, economic growth

How RAKEZ is catalysing business, economic growth

Ramy Jallad, the Group CEO of RAKEZ says Ras Al Khaimah offers businesses unmatched access to diverse and lucrative markets

Airbus: Middle East set for 4,000 new jets in race to become the world’s long-haul epicentre

Airbus expands global footprint with Saudi Arabia HQ

The Riyadh HQ will further bolster the aircraft maker’s commercial, defence, space and helicopter businesses in the region and globally

Mubadala-led consortium buys stake in health tech firm Zelis

Mubadala-led consortium buys stake in health tech firm Zelis

The co-investment process for the deal attracted a global group of investors, including Norwest and HarbourVest

Saudi Arabia’s Almoosa Health seeks to raise SAR1.7bn via IPO

Saudi Arabia’s Almoosa Health sets IPO price range, plans to raise SAR1.7bn

The indicative share price of SAR123 and SAR127 per share implies a market valuation of around SAR5.6bn at the top of the range

How MENA startups are powering growth through inclusion

How MENA startups are powering growth through inclusion

The MENA region must recognise this potential and work diligently to create a more inclusive funding environment

Render of Residence Inn by Marriott Knowledge Economic City

Saudi Arabia: Marriott inks agreement for 3 new hotels in Madinah

These hotels will cater to a broad spectrum of travellers, from religious pilgrims to business visitors, and are expected to play an important role in accommodating the rising number of visitors to Madinah

Dubai shopping Festival: 30th edition returns on Dec 6; DSF nights debuts

Dubai shopping Festival: 30th edition returns on Dec 6; DSF nights to debut

DSF 2024 is supported by key sponsors Visa and Dubai Islamic Bank, with strategic partners such as Al Futtaim Malls, AW Rostamani Group, City Walk, and Emirates Airline

UNCCD COP16: Global Drought Resilience Partnership launches, $12bn pledged in support

At the UNCCD COP16 in Riyadh, Saudi Arabia launched the Riyadh Global Drought Resilience Partnership. With over $12bn pledged, the initiative seeks to combat the growing threat of droughts worldwide

Jumeirah, Thanda Group to launch luxury resorts in Tanzania, South Africa

Jumeirah, Thanda Group introduce luxury resorts in Tanzania, South Africa

The opening of Jumeirah Thanda Island and Jumeirah Thanda Safari marks a significant step in Jumeirah’s global expansion, bringing its signature luxury hospitality to Africa’s most popular destinations

UAE’s Abu Dhabi sets out measures to help businesses get away from oil

UAE’s Abu Dhabi sets out measures to help businesses get away from oil

The emirate unveiled a centralised business registry authority – the Abu Dhabi Registration Authority – that will be the single point for business registration

Saudi Aramco, Linde and SLB to set up CCS hub in Jubail

Saudi Aramco, Linde and SLB to set up CCS hub in Jubail

Captured carbon dioxide will be transported through pipelines to be stored below ground in a saline aquifer sink

Qatar to invest $1.3bn in climate technology in Britain

Qatar plans to invest $1.3bn in climate technology in Britain

The investment is expected to create thousands of jobs and launch climate technology hubs in both countries

EU removes UAE from money laundering high-risk list

UAE foreign aid grows to Dhs360bn by mid-2024

In a year marked by significant contributions, the country has remained steadfast in its dedication to improving lives, reducing poverty, and ensuring sustainable development

Qatar adds Audi Formula One team to its sporting line-up

Qatar adds Audi Formula One team to its sporting line-up

Audi is set to make its Formula One debut in the 2026 season and turn Switzerland-based Sauber into its factory team

Saudi Arabia signs solar deals with France’s TotalEnergies, EDF

Saudi Arabia signs solar deals with France’s TotalEnergies, EDF

TotalEnergies will build the 0.3 GW park in the Rabigh Industrial City in partnership with local Saudi developer Aljomaih Energy and Water Company

Qatar Airways to relocate global HQ to Msheireb Downtown Doha

Qatar Airways to relocate global HQ to Msheireb Downtown Doha

The new headquarters will be situated in one of Msheireb Properties’ flagship developments, which is owned by the Qatar Foundation

Ride-hailing platform Bolt launches UAE operations on Eid Al Etihad

Ride-hailing platform Bolt launches UAE operations on Eid Al Etihad

The platform’s offering will cater to both affordable and luxury transport needs, meeting Dubai’s growing demand for diverse mobility options

How Careem Rides’ mobility solutions are empowering communities

How Careem Rides’ mobility solutions are empowering communities

Ashish Labroo, the CEO of Careem Rides, says the platform is revolutionising the ride-hailing experience by partnering with local businesses and regulators

Renuka Jagtiani on Landmark’s billion-dollar bet on the future

Renuka Jagtiani on Landmark’s billion-dollar bet on the future

The chairwoman of Landmark said the retail conglomerate plans to refresh its existing stores and enhance its online presence and operations

UAE real estate to show growth in Q4 2024, says JLL-Image-courtesy-WAM

Here’s how the UAE’s golden visa has made a positive impact

Here are just some of the ways in which the UAE’s golden visa has made a positive impact on the country

Virgin Australia secures interim nod to start selling new Qatar routes

Virgin Australia secures interim nod to start selling new Qatar routes

The approval allows Virgin Australia to market and sell 28 weekly scheduled return flights between Doha and Brisbane, Melbourne, Perth, and Sydney

Eid Al Etihad 53: Dubai Police issues strict guidelines for public safety

Eid Al Etihad 53: Dubai Police issues strict guidelines for public safety

The Eid Al Etihad celebrations are expected to draw large crowds and heavy traffic across the emirate, making compliance with these guidelines crucial to maintaining public safety and order