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GITEX Global, Expand North Star to boost $2.7tn global AI economy

GITEX Global, Expand North Star to boost $2.7tn global AI economy

The UAE’s strategic focus on AI is clearly reflected in GITEX’s expansive platform for showcasing innovations and fostering collaborations

RTA awards Dhs600m contract for Oud Metha, Al Asayel road development

RTA awards Dhs600m contract for Oud Metha, Al Asayel road upgrade

The upgrade connects Al Asayel Street to Al Khail Road via Al Nawras Street and provides an exit to Oud Metha and Al Nawras Streets

GITEX Global 2024: Industry leaders on their participation

GITEX Global 2024: Here’s what to expect from these industry leaders

Top tech industry leaders share what they’ll be unveiling at GITEX GLOBAL 2024, spotlighting AI, cybersecurity and digital transformation

UAE to host first regional food center to support food security and systems Image-courtesy-WAM

UAE to host first regional centre of excellence to boost food security

The establishment of the UAE-hosted Regional Center of Excellence aims to contribute to global efforts to combat food insecurity and improve sustainability

Dubai Islamic Bank issues $500m AT1 sukuk at 5.25% profit rate

DIB issues $500m AT1 sukuk at 5.25% profit rate

The proceeds from the sukuk will be used to strengthen the bank’s Tier 1 capital base, which supports its lending activities and future growth strategies

Etihad Rail secures key global partnerships to boost infrastructure

Etihad Rail secures global partnerships to boost infrastructure, operations

Among the agreements signed at Global Rail 2024, an MoU was inked with Presight AI to explore AI-driven solutions across Etihad Rail’s operations

DAMAC unveils wellness-centric community in Dubai

DAMAC unveils wellness-centric community in Dubai

This marks DAMAC’s fifth master community and its second launch within the last six months

UAE seals bilateral trade talks with Malaysia

UAE seals bilateral trade talks with Malaysia

Non-oil trade between the UAE and Malaysia reached $2.5bn in the first half of 2024, a 7 per cent increase compared to the same period in 2023

Etihad Rail signs deal with Emerge for mega solar project

Etihad Rail goes green with massive solar project

Emerge, a JV between Masdar and EDF Group, will install a large-scale solar PV system and battery energy storage system at Etihad Rail’s Ghuweifat freight terminal

Adnoc L&S signs &250m contract for VLACs Image DNOC L&S for illustrative purposes

ADNOC L&S JV inks deal worth $250m for mega ammonia carriers

The partnership reflects ADNOC L&S’s ongoing role in supporting the energy transition, while also fostering robust industrial collaborations between the UAE and China

Telecom giant du unveils new sub-brands; expands portfolio

Telecom giant du revamps b2b portfolio, unveils new sub-brands

The revamped B2B portfolio marks a significant shift for du, allowing the company to offer more than just connectivity

Aldar, Expo City Dubai to develop Dhs1.75bn mixed-use project

Aldar, Expo City Dubai to develop Dhs1.75bn mixed-use project

The 50:50 joint venture will develop the six-building project next to the Dubai Exhibition Centre, which will include residential, office, and retail space

Spinneys to build mega facility in Food Tech Valley

Spinneys to build mega facility in Food Tech Valley

Under the 27-year agreement, Spinneys will establish a massive 500,000 square foot processing facility within Food Tech Valley

Salesforce opens new Dubai office, unveils Agentforce

Salesforce opens new Dubai office, unveils Agentforce

Srini Tallapragada, the company’s president and chief engineering officer, says the new office reflects the firm’s global culture and is designed to better support both employees and customers in the UAE

Abu Dhabi’s Modon, Candy Capital form luxury real estate JV

Abu Dhabi’s Modon, Candy Capital form luxury real estate JV

The joint venture will build on Modon’s development pipeline as well as sites currently owned by Candy

Dubai Holding weighs new REIT amid housing boom

Dubai Holding weighs new REIT amid housing boom, report says

The REIT would offer investors access to a portfolio of prime income-generating properties managed by one of Dubai’s leading developers

Dubai limo sector sees surge in passenger nos in H1 2024 image RTA_X

Dubai riding in style with 50% bump in limo passengers

The sector saw passenger numbers surge to nearly 38 million, driven by an influx of new providers and enhanced services

dnata, beOnd partner to elevate premium travel from Dubai

All-business airline beOnd lands new partnership with dnata

In the next five years, beOnd aims to expand its network to 60 global destinations

How Irfan Tansel is fuelling Al Masaood’s innovative spirit

Driving the future: Irfan Tansel on why innovation can’t slow down

The CEO believes the future of the automotive industry depends on its ability to deliver cutting-edge mobility solutions through innovation, diversification, and technological adaptation

Abu Dhabi tops global ranking of cities managing SWF capital

Abu Dhabi tops global ranking of cities managing SWF capital

Abu Dhabi’s dominance in the SWF sector is not only due to its sheer capital but also its strategic investments and diversification across industries

How the UAE’s record budget will be spent in 2025

The budget maintains a balance between income and spending, with both revenues and expenditures approved at $19.6bn (Dhs71.5bn)

ADIA starts operations in India’s GIFT City office

Abu Dhabi fund ADIA boosts global presence with GIFT City office

The fund will undertake a phased transfer of certain existing Indian investments to its GIFT City subsidiary

Global Village season 29 highlights image Dubai Media Office

Global Village Season 29: New features, experiences await visitors

With its fresh look and new features, Season 29 of Global Village promises to be the ultimate destination for families, friends, and visitors of all ages

UAE, Jordan sign comprehensive economic partnership agreement

The UAE’s latest CEPA deal is with this Arab nation

The deal builds on robust UAE-Jordan economic ties, with non-oil trade reaching over $4.2bn in 2023

ADNH Catering sets IPO price range, seeks to raise Dhs864m

ADNH Catering eyes serving up Dhs864m in IPO offering

The indicative share price of Dhs0.91 and Dhs0.96 per share implies a market valuation of around $588m at the top of the range

Abu Dhabi Crown Prince arrives in Norway Image Abu Dhabi Media Office X

Abu Dhabi Crown Prince arrives in Norway on visit

The state visit is expected to further bolster economic, political and cultural relations between the two countries

CYVN, Nio team up for electric vehicle innovation

Nio and CYVN Holdings drive EV innovation in Abu Dhabi debut

CYVN Holdings will support NIO with strategic investments for the expansion, which will start with UAE

Sheikh Mohammed launches 'Plant the Emirates' national programme

Sheikh Mohammed launches ‘Plant the Emirates’ national programme

Launching in line with the Year of Sustainability 2024, Plant the Emirates seeks to increase green spaces, promote environmental protection efforts, and encourage domestic agriculture

Dubai Airports announces world’s largest rooftop solar panel installation

Massive rooftop solar installation announced for Dubai Airports

The solar initiative, set to generate a total of 39 megawatts peak (MWp) of clean energy, will see the installation of 62,904 solar panels across both DWC and DXB

IHC’s Modon takes lead on Egypt’s Ras El Hekma city project

UAE’s Modon appointed lead developer of Egypt’s Ras El Hekma city project

The Ras El Hekma project is expected to drive significant economic growth, attracting $110bn in investment by 2045