Dubai Mall's new paid parking system starts on this date

Dubai Mall’s paid parking system starts on this date

The initiative aimed at enhancing the guest experience, improving parking availability and streamlining the process will apply to Grand Parking, Cinema Parking and Fashion Parking

air taxi EHang

Saudi Arabia: World’s first licensed autonomous air taxi takes flight during Hajj 2024

The autonomous flight was conducted by EHang Holdings in collaboration with Saudi-based Front End

Advent and ADIA unit to acquire minority stake in Fisher Investments

Advent and ADIA unit to acquire minority stake in Fisher Investments

The money-management firm oversees $275bn for more than 150,000 clients including individuals and institutions

UAE DUBAI cost of living

Mercer’s 2024 Cost of Living City Ranking: How expensive is Dubai?

The ranking highlights how cities around the world fare in terms of living expenses for expatriates

UAE weather rain summer temperatures

UAE weather: Temperatures soar to 49.5 degrees C, light rain offers brief respite

Residents and visitors are advised to stay hydrated, avoid prolonged exposure to the sun, and seek shelter during peak heat hours

Embraer sees Saudi Arabia and India as strategic defence markets

Embraer sees Saudi Arabia, India, EU, US as strategic defence markets

A potential Saudi purchase could involve 25 units, and the planemaker expects the country to make a decision in two to four years

Oil prices slip on concerns over US-China trade tensions

Oil funds temper bearishness after OPEC+ reassurance

Inventories of both gasoline and diesel have been rising relative to the seasonal trend in the US, and consumption growth for oil remains tepid across major markets

How the GCC region is powering into the future

How the GCC is fueling the transition to clean energy

The energy transition presents the GCC region with opportunities for climate change mitigation and adaptation as well as economic diversification

Brookfield-led consortium to invest in GEMS Education

Brookfield-led consortium agrees to invest in Dubai’s GEMS Education

The investment will allow CVC Capital Partners to substantially exit its GEMS stake five years after it bought into the firm

RwandAir says Qatar Airways close to acquiring stake

RwandAir says Qatar Airways close to acquiring stake, FT reports

Qatar Airways in 2019 took a 60 per cent stake in a new $1.3bn international airport being built in Rwanda

GCC telcos embrace tech to diversify revenue streams

GCC telcos embrace tech to diversify revenue streams

Top GCC telcos are looking for new ways to expand their businesses and diversify revenue streams as they reinvent themselves as techcos

How MENA is dominating the global crypto market

Here’s why MENA is world’s fastest-growing crypto market

Cryptocurrency is more than just a new asset class, it represents a fundamental change in how assets are managed and verified

Dubai-based mining firm to enter Argentina lithium market

Chile says Saudi mining minister to visit, lithium expected on agenda

Chile is the world’s second-largest producer of lithium

Goldman Sachs sees oil demand growing until 2034

OPEC sees no peak oil demand long term, secretary general says

OPEC+ members are cutting output by a total of 5.86 million bpd, or about 5.7% of global demand

Broaden energy to build green hydrogen equipment manufaturing facility in Abu Dhabi GettyImages-1340022435 Image for illustrative purposes

Broaden Energy to set up Dhs1bn hydrogen equipment facility in Abu Dhabi

The UAE aims to rank among the top 10 producers of green hydrogen globally by 2031, with a production target of 1.4 million tonnes annually

Federal authorities to support AGWA cluster GettyImages-Tatian-Dolgova-1258165850-1

Abu Dhabi: Federal regulators unite to bolster new AGWA cluster

The AgriFood Growth & Water Abundance cluster aims to play a leading role in global efforts to tackle food shortages and water scarcity

ACI Worldwide's Santhosh Rao showcases trends in real-time payments

ACI Worldwide’s Santhosh Rao showcases trends in real-time payments

For businesses, it’s time to rethink where real-time payments sit in the customer journey and the end-to-end payments landscape, says Santhosh Rao, SVP MEASA, ACI Worldwide

Dubai South: Final phase of South Bay project sells out in 4 hours

Dubai South: Final phase of South Bay project sells out in 4 hours

Upon completion, South Bay will feature over 800 spacious villas and townhouses and more than 200 luxurious waterfront mansions

UAE banks liquid assets rise in Q1 2024_CBUAE GettyImages-927096466

UAE banking sector’s liquid assets rise to Dhs786.6bn in Q1 2024

CBUAE highlighted a quarter over quarter rise of 5.7 per cent, equivalent to Dhs42.7bn, compared to about Dhs743.95bn at the end of Q4 2023

Qstay, a hospitality and rental investment property management platform Secures $4.6m in Pre-Series A funding Image Supplied

Dubai-based Qstay secures $4.6m in pre-Series A round

Qstay currently operates over 300 properties across nine markets in four countries, with plans for further expansion into additional markets between 2024 and 2026

Edmond de Rothschild

Edmond de Rothschild to open Saudi office and launch debt platform

The platform could help Saudi Arabia with its vast Vision 2030 plan

DMCC attracts 160 Indian companies in H1 2024 as trade corridor booms

DMCC attracts 160 Indian companies in H1 2024 as trade corridor booms

India and South Asia hold strategic importance for DMCC, particularly in sectors like technology, precious stones and agriculture

Bahrain holiday

Eid Al Adha 2024: Holiday dates for Bahrain, Kuwait and Oman

Eid Al Adha, is one of the most significant events in the Islamic calendar, and is marked by special prayers, feasts, and acts of charity

flyadeal gets 33rd aircraft delivery. the company received the aircraft at the Toulouse facility Image Supplied

Saudi low cost carrier flyadeal increases fleet size

With the addition of the latest Airbus A320neo, the carrier has increased its fleet size to 33 narrowbody jets

Dubai’s Eywa partners with Mindvalley to create centre of excellence

As part of the tie-up, the six-and-a-half-thousand-square-foot Eywa property will serve as a sanctuary for Mindvalley’s masters

Riverland Fireworks Image-Dubai-Parks-and-Resorts

Eid Al Adha fireworks in Dubai: Where to watch

Dubai Parks and Resorts has organised a fireworks display, as well as a laser show, to celebrate Eid Al Adha

Brookfield Place is Dubai’s newest placemaking destination

Brookfield eyes $5bn for UAE-backed climate fund

The asset management firm said at least 10 per cent of the fund’s capital will be provided by Brookfield, which manages a portfolio of $925bn

Presight and Dell technologies sign MoU_GettyImages-1194176305

Dell Technologies, Presight ink MoU to drive digital innovation in UAE

The partnership will leverage Presight’s expertise in AI and data analytics with Dell’s capabilities in compute, storage, data protection and network solutions

UAE-WEATHER-rain

Eid Al Adha rains in the UAE: NCM forecasts intermittent showers

Residents can expect high temperatures across all emirates, with highs reaching into the 40s

UAE-President and ruler of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan approves second housing benefits package photo-courtesy_WAM

Abu Dhabi approves Dhs3.3bn housing benefits package for citizens

The housing benefits package includes housing loans worth over Dhs3.046bn, aiding 1,766 citizens in Abu Dhabi