Building on its legacy as the site of the 2020 World Expo and COP28, the development will be a catalyst for Dubai’s progress in various fields
The main channels for the conflict to impact the global economy have been through higher commodity prices, including oil and grains
Embodying the nation’s Spirit of the Union, the new identity represents the connectivity and cohesion between the various cities and regions of the UAE created by the railway network
Family offices, in partnership with the public sector, will remain at the heart of the growth and transformation being seen in the emirate, as it continues to thrive across key industries and beyond
Delta customers will gain access to nine destinations in Saudi Arabia and the Middle East, while Saudia flyers will gain access to 12 destinations in the US
According to CBUAE, the insurance sector’s growth was driven by increased policy activity, investment returns, and a rising demand for coverage in key areas such as property and employment
The group OPEC+ is cutting output by a total of 5.86 million bpd, or about 5.7 per cent of global demand, in a series of steps agreed since late 2022
The company’s valuation has risen from $14bn in 2021 to $157bn as it grew revenue from zero to $3.6bn
UAE energy minister said OPEC+ has sacrificed more than others but the critical element is that it is staying together
The Dubai aircraft leasing firm had valued its claim for 22 aircraft, one engine and one piece of equipment at $737.8m
Globally, the fashion industry has pivoted towards a more sustainable approach and that’s translated to the Middle East retail environment, says the founder and president of the luxury retailer
The finance and insurance sector registered a record 13.4 per cent growth in Q2 2024, contributing 7.4 per cent to the GDP
The hub has a user-friendly digital interface, which centralises information, tools, and guidelines, making access to intellectual property resources more straightforward
The commercial asset features five interconnected blocks offering a gross leasable area of 370,761 square feet
The credit facility is expected to provide ROSHN with the financial flexibility needed to pursue new opportunities and strengthen its position
The deal marks a cornerstone for ADNOC’s plans to grow its petrochemicals business along with gas and renewable energy
The Gulf state expects to post a fiscal deficit of SAR118bn, wider than the SAR79bn projected in the 2024 budget statement last December
Podeo started as a podcast app but quickly evolved into an all-in-one platform that streamlines content creation, distribution, and monetisation
The US will work with foreign data centres that apply for the Validated End-User program as well as host governments
The stake sale serves as a cornerstone investment ahead of an anticipated return of Virgin Australia into public ownership
The rainfall comes amid the National Centre of Meteorology having issued yellow and orange warnings for parts of the Emirates
The fuel price committee reduced retail prices for Super 98, Special 95, and E-Plus 91 by as much as 0.24 fils per litre in October
The reopening of the Northern Runway will allow Zayed International Airport to more effectively manage increasing airline demand
The partnership will focus on developing and commercialising AI and data analytics solutions for the trade of goods in the maritime sector
The catering firm is offering 9 billion shares, representing 40 per cent of the company’s total issued share capital
The upgrade reflects Oman’s commitment to deleveraging its balance sheet and advancing its structural reform agenda
These projects, valued at $3.2bn, aim to generate a combined capacity of 5.5GW of solar power for Saudi Arabia
Taxable persons incorporated on or after June 1, 2023, with tax periods ending on or before February 29, 2024, now have until December 31 to fulfill their corporate tax obligations
The $63bn project is one of the Public Investment Fund’s giant construction efforts aimed at boosting economic growth
The alliance aims to foster collaboration among companies to develop decarbonisation strategies aligned with national net-zero commitments