Dubai’s Emirates Airline says ‘wings clipped’ by Boeing delays

Dubai’s Emirates Airline says ‘wings clipped’ by Boeing delays

The Middle East’s biggest airline has increasingly voiced its displeasure over delays and uncertainty plaguing the delivery of the 777-9X jets

Heineken to open GCC’s first large-scale brewery in Dubai – report

Heineken to open GCC’s first large-scale brewery in Dubai – report

Sirocco will start building the brewery late next year and has secured all necessary permits

ADNOC launches XRG Image -ADNOC

ADNOC launches $80bn lower-carbon energy, chemicals investment entity

XRG will initially focus on transformational global investments that create value across natural gas, chemicals, and lower-carbon energy solutions

Abu Dhabi’s IHC posts Dhs18bn in nine-month net profit

Abu Dhabi’s IHC says its outlook on Adani Group investments is unchanged

The Adani group’s stock losses have narrowed to $14.7bn from about $33bn since the US indictments were levelled last week.

Saudi Arabia’s King Salman inaugurates Riyadh Metro

Saudi Arabia’s King Salman inaugurates Riyadh Metro

The project is considered the backbone of the public transport network in Riyadh and an element of the transportation system in the city

OMODA & JAECOO inks deal with Galadari to be its first UAE distributor

OMODA & JAECOO inks deal with Galadari to be its first UAE distributor

The partnership with Galadari will allow prospective customers in the UAE to experience the Chinese brand’s vehicle line-up – including its flagship models, OMODA C5 and JAECOO J8

Delivery Hero’s Talabat to divest 15% stake via IPO

Delivery Hero raises size of Talabat’s IPO to $2bn

The German firm initially planned to raise $1.52bn (Dhs5.6bn) by offering a 15 per cent stake in Talabat

UAE Lottery: Country's first regulated lottery launches, Dhs100m up for grabs

UAE’s first regulated lottery draw launches, Dhs100m up for grabs

Tickets are now available for purchase on theuaelottery.ae, with the inaugural live draw scheduled for December 14

DFSA measures to tackle financial misconduct in 2024 Image Dubai Media Office

Here’s how DFSA cracked down on financial misconduct in 2024

The DFSA plans to continue its rigorous enforcement measures and provide clear regulatory guidance to all entities operating within the DIFC

Emirates NBD, Mashreq back syndicated loans platform LoanBook

Emirates NBD, Mashreq back syndicated loans platform LoanBook

With the backing of two of the GCC’s leading banks, LoanBook is well-positioned to continue its mission of modernising the syndicated loan market

Saudi Arabia approves 2025 state budget, forecasts $27bn deficit

Saudi Arabia approves 2025 state budget, forecasts $27bn deficit

The 2025 budget estimates total expenditures of SAR1.3tn and total revenues of SAR1.2tn

ENEC, ADNOC to explore nuclear technology for O&G sector

ENEC, ADNOC to explore nuclear technology for O&G sector

With the UAE’s Energy Strategy 2050 setting ambitious goals for clean energy, the collaboration between ENEC and ADNOC is a crucial step towards achieving these objectives

Rain in UAE : NCM forecasts cloudy skies, rainfall from Wednesday

Rain in UAE: NCM forecasts cloudy skies, rainfall from Wednesday

Rain is expected to hit parts of Abu Dhabi late Wednesday night, and it is expected to spread to coastal areas of Dubai, Sharjah, and other emirates on Thursday morning

Dubai Insurance, Aster DM unveil new insurance plan

Senior citizens in the UAE get new health insurance plan

The plan is live and can be purchased through Dubai Insurance Company, the OrangeCare website and Slice Of Wellness

Dubai’s Emirates takes delivery of first A350-900 aircraft

Dubai’s Emirates takes delivery of first its A350-900 aircraft

The widebody aircraft will officially enter commercial service in January, when it makes its debut flight to Edinburgh

NEOM-TREYAM EQUINOX HOTELS

NEOM gigaproject a ‘generational investment,’ says Saudi minister

NEOM, a Red Sea urban and industrial development nearly the size of Belgium that is meant to eventually house 9 million people, is central to Vision 2030

World's largest mosaic mural unveiled in Dubai to honour UAE founding fathers Image Dubai Media Office

Dubai unveils world’s largest mosaic artwork to honour UAE Founding Fathers

This mosaic, which replaces an earlier mural on the Hatta Dam Water Falls, honours the visionaries behind the UAE’s establishment while symbolising the enduring values of the Union

etihad airways to launch 10 new routes in 2024

Etihad Airways to launch 10 new routes in 2025

With a expansion strategy that encompasses new destinations, innovative fleet additions, and top notch customer experience, Etihad is poised to continue playing a crucial role in global aviation

Mubadala

Mubadala to take Canada’s CI Financial private in about $8.7 billion deal

Mubadala will pay CI Financial C$32 per share, representing a more than 33 per cent upside to the stock’s Friday close.

UAE’s Masdar eyes Iberian renewables champion after recent deals

5 renewable energy projects to watch in the UAE

Here are several key renewable projects that are driving the UAE towards its goal of achieving full clean energy capacity by 2050

How GenAI, private cloud synergy are transforming the financial sector

How GenAI, private cloud synergy are transforming the financial sector

As GenAI revolutionises customer experiences, we explore the pivotal role of technological innovations and regulatory frameworks in shaping the future of financial services

Riyadh Metro: 5 ways it will boost transport in Saudi’s biggest city

The initial launch on November 27 will see three of the six planned lines become operational, connecting key areas in the city

UAE’s ADNOC says gas unit share sale can unlock ‘significant value’

UAE’s ADNOC says gas unit share sale can unlock ‘significant value’

The energy firm said the value of its gas unit can be enhanced by inclusion in wider market indexes and with a broader shareholder base

Nice One e-commerce platform to float IPO on Saudi exchange

Nice One e-commerce platform to float IPO on Saudi exchange

Founded in 2017, Nice One has rapidly grown to become the largest online platform for beauty and personal care products in Saudi Arabia

BCG Insights: Building a greener future for the Middle East

Insights: Building a greener future for the Middle East

We explore how emissions performance management is paving the way for the Middle East’s urban projects

Riyadh Metro to launch first phase on Nov 27, 2024 Getty Images-1232056879

Riyadh Metro to kick off first phase on Nov 27, includes 3 lines

The partial launch will see three of the six routes of the world’s longest driverless metro system become operational

Moody’s upgrades Saudi Arabia’s rating on economic diversification

Moody’s upgrades Saudi Arabia’s rating on economic diversification

The rating agency revised the country’s outlook to stable from positive, citing uncertainty regarding global economic conditions

CBUAE suspends Al Razouki Exchange, shutters two branches

CBUAE suspends Al Razouki Exchange, shutters two branches

The central bank closed Al Razouki’s branches in Deira and Al Murar, the administrative measures were taken pursuant to Article 14 of the AML/CFT Law

Saudi Aramco unit in talks to invest $1bn in US software maker Mavenir

Saudi Aramco unit in talks to invest $1bn in US software maker Mavenir

The deal by Aramco Digital would be its first major transaction in the telecommunications industry

Citi secures licence for regional headquarters in Saudi Arabia

Citi secures licence for regional headquarters in Saudi Arabia

Riyadh has been looking to attract more companies to set up their regional headquarters in the kingdom by offering tax breaks