New 24 Fintech summit to debut in Riyadh this September

The 24 Fintech summit will feature more than 200 expert speakers who will address pressing finance industry issues.

Qatari lender QNB’s net profit rises by 7% in H1 2024

GCC’s biggest bank QNB reports 7% rise in half-year net profit

The banking group had QAR1.3tn in total assets in the six months ending June 30, a 5 per cent increase compared to the same period a year ago

Saudi-backed EV maker Lucid beats quarterly deliveries estimates

Lucid delivered 2,394 vehicles in the quarter ended June 30, above estimates of 1,940 units.

Ram Buxani’s fascinating 1959 journey to Dubai: Retold in this excerpt from his autobiography

In his book, Ram Buxani recounts his journey to Dubai in 1959 as an 18-year-old, beginning his career as an office clerk at ITL.

Abu Dhabi: ADX lists Lunate's Chimera JP Global Sukuk ETF

Lunate’s Chimera J.P. Morgan Global Sukuk ETF lists on ADX

The ETF offers investors access to a diversified portfolio of Shariah-compliant corporate and government sukuks across several global markets

Lunate receives MoHRE, SCA initial nod to offer EoSB solutions

Lunate receives MoHRE, SCA initial nod to offer EoSB investment offerings

Lunate has become the first Abu Dhabi-based fund manager and administrator of the UAE’s voluntary alternative EoSB scheme through the newly licensed Lunate EoSB Fund

RTA introduces 2 new bus routes Image RTA _ X

Dubai: These two new bus routes enhance RTA network

The DA2 route, with a two-hour frequency, begins its first journey from DAMAC Hills at 5:47 am and continues until 9:32 pm daily. Both routes are priced at Dhs5 per journey

Saudi's PIF boosts stake in Saudi Re with $114m investment

Saudi’s PIF boosts stake in Saudi Re with $114m investment

Saudi Re plans to raise its capital by SAR267.3m ($71m) through this strategic subscription agreement with the kingdom’s sovereign fund

Dubai Prime Properties demand and supply q2 2024, - Knight frank Image: Getty Images

Prime properties: 190 deals over $10m recorded Dubai in H1; supply drops

Knight Frank says the dramatic rise in demand and corresponding supply crunch in the prime residential market reflect Dubai’s growing appeal among the global elite

Iconic Indian businessman Ram Buxani passes away in Dubai

Over a long and illustrious career, Buxani would rise to become chairman of Cosmos ITL group and a highly respected member of the UAE community.

Jebel Ali Beach Development Project gets green light; see details

Jebel Ali Beach Development Project gets green light: see details

The project aims to create a unique recreational beachfront with an emphasis on protecting the environment and supporting sustainability and eco-tourism goals

Hamid Hosseini, Head of ESG, IFZA on Elevating corporate sustainability to create impact

Elevating corporate sustainability to create impact

Effectively incorporating sustainability requires taking note of customer needs and building a reputation as responsible corporate citizens fostering positive change

Dubai Tourism's Issam Kazim on showcasing Brand Dubai

Dubai’s tourism triumph: Issam Kazim on the strategy driving Brand Dubai

The CEO of Dubai Corporation for Tourism & Commerce Marketing, shares the strategies, innovations and vision that continue to drive Dubai’s success as the world’s top tourist destination

UAE-Japan sign MOUs

UAE, Japan strengthen strategic partnership, sign MoUs

The two sides reviewed the Comprehensive Strategic Partnership Initiative, focusing on joint projects aimed at sustainable economic growth

ADNOC's Ruwais LNG to earmark 40% stake to four energy companies, say sources

ADNOC’s Ruwais LNG to earmark 40% stake to four energy companies, say sources

The companies are expected to get the offtake at a lower price compared to the market, but with less flexibility, Reuters reported

Tony Douglas CEO of Riyadh Air _ Image Getty Images

Riyadh Air’s Tony Douglas on the airline’s sky-high ambitions

Riyadh Air’s CEO reveals the airline’s plans, focus on digital innovations and its vision for shaping the future of aviation

Abu Dhabi non-oil gdp grwos by 59 per cent over a 10-year period GettyImages-1146024499-1-e1704043948632

Abu Dhabi’s non-oil GDP sees 59% growth in 10 years

In the past decade, Abu Dhabi’s construction sector has grown by 22.6 per cent, finance and insurance by 39 per cent, and manufacturing sector by 102 per cent

AI - Presight

On-premise vs cloud? Presight’s new enterprise AI suite takes on IBM, Google

Presight’s AI suite, comprising Vitruvian and Connect, aims to revolutionise various sectors by enabling the rapid deployment and scaling of AI-powered applications

Abu Dhabi’s ADQ lists debut $2.5bn on local bourse

Abu Dhabi’s ADQ lists debut $2.5bn bonds on local bourse

The fund sold a $1.25bn five-year portion at 80 basis points (bps) over US Treasuries and another $1.25bn 10-year tranche at 90 bps over the same benchmark

Fairmont, Sol Properties to build premium residential tower in Downtown Dubai

Fairmont, Sol Properties to build premium residential tower in Downtown Dubai

Fairmont Residences Solara Tower Dubai joins a portfolio of 16 Fairmont-branded residences, with 22 more projects in the pipeline

Grand Finale Group Michelin Dubai Guide 2024

Michelin Guide Dubai 2024: list revealed

The MICHELIN Guide Dubai 2024 selection includes four new one MICHELIN Star and six new Bib Gourmand restaurants

ADNOC mulls possible bid for Australia’s Santos

ADNOC weighs possible bid for Australian gas company Santos, sources say

With global LNG demand expected to grow 50 per cent by 2030, ADNOC is tapping opportunities around the world including with US players

Oman’s Asyad plans to list shipping unit, hires advisers

Oman’s Asyad plans to float Asyad Shipping, hires advisers, sources say

The company focuses on transporting LNG to the international market, and its fleet includes very large crude carriers and product and chemical tankers

Dubai to build world's largest and most advanced car market GettyImages-1417041621

Dubai to build world’s largest and most advanced car market

This strategic move aims to leverage DP World’s global network to enhance the market’s connectivity with 77 ports worldwide

ADNOC, JBIC ink $3bn green financing agreement

ADNOC, JBIC ink $3bn green financing agreement

The credit facility is part of JBIC’s GREEN lending programme and is partially supported by Japanese commercial banks

DP World partners with China's Zhejiang Seaport Group

DP World-Zhejiang Seaport Group alliance to boost UAE-China trade

The partnership aims to attract shipping companies to establish additional maritime routes and encourage cooperation through slot exchanges and vessel space purchases

Gen Z - Green jobs

‘Eco-anxious’ Gen Z want to work in green jobs but don’t have the skills: Study

A recent survey found that only 1 in 20 Gen Z workers possess the “green skills” necessary to combat the climate crisis

How Majid Al Futtaim is redefining community living

Forest living in Dubai: How Majid Al Futtaim is redefining community living

Ahmed El Shamy, the CEO of Majid Al Futtaim, says that Ghaf Woods embodies the group’s pioneering spirit, and it is the first development in Dubai to offer forest living

Tadweer unveils subsidiaries to advance waste management

Tadweer Group launches subsidiaries to advance waste management

The launch of four subsidiaries follows the group’s acquisition of e-waste innovator Enviroserve in May

UAE law on counterfeit goods and services - anti-commercial fraud law

Understanding UAE’s new law on counterfeit goods and services

This new legal framework intends to safeguard consumers from deceitful practices and ensure that the UAE’s commercial environment remains fair and competitive