The increase in road capacity aims to reduce reduce travel time for traffic coming to the mall from Abu Dhabi and Umm Suqeim
The agreement mandates the digitalisation of customs documents and processes, the recognition of electronic documents and signatures, and legal safeguards against online fraud
Dubai’s hotel sector continues to perform well, with an average occupancy rate of 78.7 per cent, up from 77.7 per cent in the same period in 2023
The General Commercial Gaming Regulatory Authority (GCGRA) has launched its official website, which had previously been password-protected
The UAE’s CEPA programme aims to increase the country’s non-oil foreign trade to Dhs4tn by expanding relations with strategically important markets around the world
In H1 2024, the company achieved a 6 per cent YoY growth in revenues to SAR5.03bn
For the week, Brent was trading down more than 1 per cent while WTI fell beyond 3 per cent
Brazil’s Mines and Energy Minister Alexandre Silveira said Petrobras will only enter into an agreement if the buyback is “economically viable”
A significant percentage of UAE consumers indicated they would consider switching payment providers if they lost access to airport lounges
Investors from the Middle East bring cash and expertise to such projects
Air Chateau envisions a future where eVTOLs complement its helicopter fleets and can be deployed from existing infrastructure
The co-CEO says Abu Dhabi’s strategic location, aviation infrastructure and robust regulatory framework presents unparalleled expansion opportunities
The steel manufacturing facility has an annual production capacity of 2.5 million tonnes of direct reduced iron and nearly 1.7 million tonnes of steel
DTC said its taxi segment benefited from higher tariffs, and an increased number of dedicated airport taxis, in the reporting period
The world’s second-biggest bullion consumer slashed import duties on gold and silver to 6 per cent from 15 per cent
ESG reported a substantial revenue increase to Dhs640m, representing an impressive 140 per cent year-on-year increase
Masdar will invest EUR817m in the transaction, which values the portfolio at EUR1.7bn, making it one of Spain’s largest renewable energy deals
The expansion of flynas’ fleet is expected to boost the airline’s capacity and range while enhancing its overall fleet capabilities
The “billionaire tax” would be aimed at the world’s richest individuals such as Tesla owner Elon Musk
The Farnborough Airshow was overshadowed by the negative impact on the overall industry due to Boeing’s recent difficulties
Paris 2024 is integrating sports into the city’s fabric and will host the opening ceremony of the Olympics along the River Seine
As per the ICP announcement, tourists will be able to obtain health insurance while applying for their visas, through the ICP website or the app
Customer financing increased by 15 per cent YTD, with Dhs16bn of new financing extended in the January-June period
The Suez Canal, is a key source of foreign currency for Egypt, and authorities have been trying to boost its revenues in recent years
Navigating youth employment challenges requires a multi-faceted approach that addresses a widening skills gap and a lack of experience while providing innovative solutions to socio-economic barriers
The establishment of the Jeddah factory is expected to create job opportunities for Saudi youth
The bank’s profit before tax grew by 15 per cent year-on-year to Dhs10bn
Oil revenues dropped by 19.4 per cent to KWD21.5bn in FY 2023/24, based on an oil price of $86.36 a barrel, compared to KWD26.7bn a year earlier
Trade analysts have rated Tesla’s stock a “hold” with a median price target of $212.50
The COO – MEA & SEAP, Radisson Hotel Group, delves into its ambitious regional expansion strategies, the distinct challenges and opportunities across different markets