Tokenised Treasuries are a growing segment of the crypto market, with a market capitalisation of $2.4bn on public blockchains
The growth in passenger traffic was more pronounced in Q3 2024, with Abu Dhabi airports serving 7.7 million passengers
The senior systems engineer emphasises that human error is the primary cyber risk, while advocating for a human-centric approach to security
The trade pact would remove tariffs for 51 per cent of New Zealand’s exports to the region from day one
Spot premiums for Middle East crude fell last month as the Asia market was well supplied
The installation of the Business Bay and Al Safa South toll gates, both of which are strategically positioned to manage traffic flow and enhance road safety
The fund inked MoUs with Mizuho Bank, Sumitomo Mitsui Financial Group, MUFG Bank, Japan Bank for International Cooperation, and Nippon Export and Investment Insurance
By utilising patient data from various platforms, including Malaffi and Ifhas, the centres will create personalised health journeys tailored to individual needs
Singapore-based Seviora Holdings oversees assets worth $51.3bn as of June 30, offering a variety of investment strategies in public and private markets
The fund will target buyouts, structured solutions, and other investment opportunities across a range of strategic sectors, including technology and healthcare
With immigration centres experiencing high turnout as the initial deadline approached, authorities decided to extend the grace period
Uzbekistan remains ACWA Power’s second-largest market, with a robust portfolio that includes 11.4GW of power capacity
The vice president and head of GCC at Ericsson Middle East & Africa says Ericsson is investing in R&D, AI, and enterprise solutions to support the region’s digital transformation goals
McLoughlin’s impact on Dubai Duty Free spanned 41 years, where he steered its growth from modest beginnings to a business generating over $2bn.
Gulf Business hosted its second Business Breakfast event on the future of automotive and mobility in the Middle East, highlighting digital shifts, sustainability, and evolving consumer preferences
The fuel price committee increased retail prices for Super 98, Special 95, and E-Plus 91 by as much as 9 fils per litre in November
The new private equity fund will target buyouts, structured solutions and other investment opportunities across a range of strategic sectors
The deal, signed at the Future Investment Initiative forum in Riyadh, brings to 132 the total number of jets ordered by Riyadh Air
Johan Nilerud, senior director of Strategy and Planning at Khazna, says AI presents enormous potential across the data centre value chain
The possible deal with Vinfast comes off the back of Vietnam having signed a comprehensive economic partnership agreement with the UAE
The kingdom unveiled its Vision 2030 plan in 2016, which involves hundreds of billions of dollars of investments to wean the country’s economy off oil
The deal will bring access to additional capital, advanced engineering expertise and technology, particularly in the field of electric vehicles
Under the new MoU, the airlines will explore opportunities to expand connectivity beyond their current interline agreement and potentially integrate reciprocal loyalty benefits
The expenditure for fiscal year 2025 alone is estimated at Dhs86.26bn, with revenues projected at Dhs97.66bn
The agreements cover a range of projects across the GCC, China, Central Asia and North Africa, focusing on financing, renewable energy, storage projects, and research and development initiatives.
The two entities are collaborating to build a network of community retail outlets, including hypermarkets, supermarkets, and other retail stores
The solar project, which will be developed in phases, will generate up to 1.25 GW at peak using 2 million bifacial solar panels
The sovereign wealth fund is driving economic diversification by investing billions in new sectors to reduce oil dependency
The UAE and Saudi Arabia are rising stars from the Middle East in embracing driverless transportation to achieve sustainable mobility
With piling works set to begin in March 2025, the project is expected to reach completion by Q1 2027