Elon musk - Tesla

Tesla shares tank on back of dismal results

Trade analysts have rated Tesla’s stock a “hold” with a median price target of $212.50

Interview with Tim Cordon, Chief Operating Officer for MEA & SEAP, Radisson Hotel Group

Radisson’s Tim Cordon on regional strategy, opportunities and innovation

The COO – MEA & SEAP, Radisson Hotel Group, delves into its ambitious regional expansion strategies, the distinct challenges and opportunities across different markets  

Theme for success: A chat with Dubai Holding Entertainment's Fernando Eiroa

Theme for success: A chat with Dubai Holding Entertainment’s Fernando Eiroa

The CEO of Dubai Holding Entertainment talks about the company’s innovative projects, including Real Madrid World, Global Village and the Coca-Cola Arena and the core values driving the group’s success

Gulf Business Awards 2024 - nominations

Last call for nominations: Gulf Business Awards 2024

The winners of the Gulf Business Awards 2024 will be announced at a gala dinner and awards ceremony in Dubai on September 24

CFI LEWIS HAMILTON

CFI brings F1 champion Lewis Hamilton aboard as global brand ambassador

This multi-year agreement with Hamilton represents a significant milestone for CFI, aligning it with one of the biggest names in motorsport

Borouge, ADNOC to develop specialty polyolefins complex in China

Borouge, ADNOC to develop specialty polyolefins complex in China

The proposed complex is projected to produce 1.6 million tonnes per annum of speciality polyolefins

esports and games Image: Getty Images

Dubai to host Games of the Future 2025

Dubai will play host to thousands of world-class athletes and esports competitors from as many as 100 countries, as part of national and multinational teams

Aldar to develop an office tower on SZR in Dubai Image Supplied

Dubai: Aldar to build office tower on Sheikh Zayed Road

The development will feature a grade A office tower with a net leasable area (NLA) of 88,000 sqm, complemented by a luxury boutique hotel and branded residences

Abu Dhabi to launch 3 high-tech ventures_ ATRC meeting highlights

Abu Dhabi to launch 3 key tech ventures: ATRC meeting highlights

The initiatives will focus on transforming data security in the quantum era, enhancing smart autonomous mobility, and advancing Agritech with robotic technologies

Abu Dhabi to introduce biometric smart travel project at Zayed international Airport Image Abu Dhabi Airports

Abu Dhabi launches biometric smart travel project at Zayed International Airport

The project is expected to enhance operational performance, reduce infrastructure costs, and effectively combat fraud and forgery in identification documents

Fitch says GCC banks show strong interest in global expansion

GCC banks show robust interest in global expansion, Fitch says

Several banks in the region are reportedly considering acquisitions in Turkiye, Egypt, and India to diversify business models and enhance profitability

84% of UAE investors likely to invest in future IPO offerings. For illustrative purposes

IPO appeal: 84% of UAE investors likely to invest in future offerings

Findings from Edelman Smithfield’s UAE Investor Pulse Survey 2024, show that 67 per cent of respondents agreed that having two distinct exchanges benefits the UAE capital markets

Saudi Arabia welcomes 60 million visitors in H1 2024

Saudi Arabia welcomes 60 million visitors in H1 2024

Saudi Arabia witnessed a 22.9 per cent increase in visitor spending in Q1 2024 compared to the previous year

Dubai: Sheikh Hamdan appoints 22 AI chiefs across government institutions

Dubai’s GDP grows by 3.2% in first quarter of 2024

Dubai’s transportation and storage sector saw significant growth, driven primarily by a 6.8 per cent increase in air transport demand

UAE EU trade talks Middle east

UAE hopes to reactivate trade talks with EU this year

The UAE has long advocated deeper EU involvement in the region

PIF

Saudi’s PIF appoints Fahad Al Saif as new head of investment strategy

The PIF has a sprawling portfolio of investments ranging from date farms to multinational conglomerates

Flydubai-Cairo

Flydubai in early talks for largest ever airplane order

flydubai announced the purchase of 175 Boeing 737 MAX airplanes in 2017

Exit 55 widening near Rabat Street completed image RTA

Dubai: New widened Exit 55 to cut traffic time by 60%

By expanding the exit, RTA has increased the exit’s capacity from 3,000 vehicles per hour to 4,500 vehicles per hour

Al-Futtaim's Hasan Nergiz on BYD's popularity in UAE, Saudi Arabia

Al-Futtaim’s Hasan Nergiz on BYD’s popularity in UAE, Saudi Arabia

The MD of Al-Futtaim Electric Mobility Company shares that EV maker BYD’s SEAL, SONG PLUS and HAN models are very popular in the UAE and Saudi Arabia

UAE PASSPORT

UAE ranks in top 10 of world’s most powerful passports according to Henley Index

The ranking marks a significant rise for the UAE, which has climbed from 62nd to 9th position, over the past 18 years

G42 company Core42 unveils Compass 2.0_ Image for illustrative purposes_GettyImages

Core42, Qualcomm launch Compass 2.0 to advance AI solutions

The platform, which soft-launched in January, has successfully processed approximately 150 billion tokens since its inception

Oman-CAA-RAIN

Rain, flash flood alert issued for parts of Oman

Oman’s capital Muscat is likely to see scattered rainfall in the early hours of June 24 with temperatures hovering in the mid-to-high 30s

Saudi Arabia is a key growth market, says Honeywell exec Phil Daniell

Saudi Arabia is a key growth market, says Honeywell’s Phil Daniell

The VP and GM of Honeywell Building Automation (META) delves into the company’s expansion strategy in Saudi Arabia, including the opening of its new facility in Dhahran

ADNOC L&S invests $1.9bn to expand shipping fleet

ADNOC L&S expands shipping fleet with 13 new vessels

AW Shipping, ADNOC L&S’s joint venture with Wanhua Chemical Group, awarded shipbuilding contracts to Jiangnan Shipyard in China

Aref Yehia-Head-of-Retail-E-Commerce-at-TikTok-MENA

TikTok’s Aref Yehia on how F&B brands leverage the platform

The head of Business Partnerships for Retail and E-Commerce shares how F&B brands are using the social media platform to enhance their marketing efforts

du

UAE telecom operator du’s half-year profits top 54%

du’s postpaid customer base grew by 11.3 per cent to reach 1.7 million subscribers

NEOM-TREYAM EQUINOX HOTELS

NEOM: Equinox Hotels to open bridge resort on Magna’s Treyam

The bridge will connect guest rooms and suites, a club house, a spa, and a signature Equinox Hotels fitness club

DEWA commissions 8 new transmission substations

DEWA invests Dhs1.36bn in 8 new 132/11 kV transmission substations

The projects included 89 km of ground cable to advance the efficiency of the transmission network and meet the growing demand for electricity

UAE-MAURITIUS CEPA

UAE, Mauritius sign comprehensive economic partnership agreement

The UAE-Mauritius CEPA is set to deepen trade and investment ties, and streamline market access for businesses, in both countries