OPEC Secretary General tells COP29 oil is a gift from God

OPEC Secretary General tells COP29 oil is a gift from God

OPEC has said that technologies like carbon capture can tackle the climate impact of burning fossil fuels

DAMAC islands launches

DAMAC Islands launches officially; aims to redefine luxury living

The project is the sixth master community in the DAMAC Properties’ portfolio, unveiling an island living theme inspired by sought-after global island destinations

Eight sleep now in the UAE

Eight Sleep expands into UAE, offering smart sleep solutions

Eight Sleep’s celebrity investors — including Alex Rodriguez and Kevin Hart— along with firms such as Valor Equity Partners, SoftBank, Khosla Ventures and Founders Fund

Raki Phillips on how RAKTDA is partnering with Huawei to boost tourism

Raki Phillips on how RAKTDA is partnering with Huawei to boost tourism

The CEO says Huawei provided invaluable support in crafting the right messaging, focusing on what would resonate most with Chinese tourists

Türkiye plans IPOs for state energy companies, minister says

Türkiye plans IPOs for state energy companies, minister says

State-owned energy companies include electric transmission company TEIAS, electricity producer EUAS, gas grid operator BOTAS and oil and gas developer TPAO

Novartis Gulf's Mohamed Ezz Eldin on the region's key healthcare trends

Novartis Gulf’s Mohamed Ezz Eldin on the region’s key healthcare trends

From leveraging digital health technologies to fostering collaboration between the public and private sectors,  the Cluster Head GCC at Novartis’ insights offer a roadmap for accelerating patient outcomes

Oman’s OQ to raise $490m from IPO of methanol, ammonia unit

Oman’s OQ to raise $490m from IPO of methanol, ammonia unit

OQ is offering 1.69 billion shares, equivalent to 49 per cent of OQ Base Industries’ total issued share capital, at Bzs106 to Bzs111 per share

Delivery Hero’s Talabat sets IPO price range, seeks to raise $1.52bn

The indicative share price of Dhs1.50 and Dhs1.60 per share implies a market valuation of around Dhs37.3bn at the top of the range

Emaar, DWTC unveil Expo Living community in Dubai South

Emaar, DWTC unveil Expo Living community in Dubai South

Expo Living is a short drive from the upcoming Al Maktoum International Airport, which is poised to become Dubai’s mega gateway for international travel

TAQA, Jera and Albawani capital to develop 2 power plants in Saudi Image courtesy TAQA For illustrative purposes

TAQA, JERA, Al Bawani Capital to develop 2 power plants in Saudi Arabia

Each project will have a capacity of 1.8 GW, collectively contributing to Saudi Arabia’s ambitious energy mix strategy

Thales' Elias Merrawe on shaping the future of flight

Thales’ Elias Merrawe on shaping the future of flight

The VP – Civil Business for Thales in the Middle East, shares the company’s  commitment to sustainability, its strategic partnerships with UAE entities, and supporting the UAE’s ambitious aviation goals

Dubai International welcomes 68.8m passengers from Jan-Sept '24

Dubai International welcomes 68.6m passengers from Jan-Sept ’24

India maintained its position as the top destination market, with 8.9 million guests in the first nine months, followed by Saudi Arabia with 5.6 million

Women chair 13.3% of audit committees in UAE listed firms: report

Women chair 13.3% of audit committees in UAE listed firms: report

The findings of the report represent a significant step toward enhancing gender diversity and inclusivity in corporate governance

Dubai traffic flexible or remote work

Dubai’s RTA to reduce traffic by 80% in these 4 neighbourhoods

The upgraded entry and exit points will facilitate smoother access to and from Nadd Hessa, Al Awir 1, Al Barsha South, and Wadi Al Safa 3

Masdar, SOCAR Green secure funding for Azerbaijan solar projects

Masdar, SOCAR Green secure funding for Azerbaijan solar projects

Masdar and SOCAR Green broke ground on the Bilasuvar and Neftchala solar parks in June 2024

Bahrain’s AlAbraaj Restaurants seeks to raise BHD9m in IPO

Bahrain’s AlAbraaj Restaurants seeks to raise BHD9m in IPO

The offer period runs from November 24 to December 8, and the trading debut on the Bahrain Bourse is scheduled for December 19

Masdar signs PPA for 1GW wind farm in Kazakhstan’s Jambyl region

Masdar signs PPA for 1GW wind farm in Kazakhstan’s Jambyl region

Construction of the Jambyl wind farm is expected to begin in the first quarter of 2026, with the project slated for completion by 2028

Financial gap to meet SDGs in MEASA hits $5tn annually: NYUAD

Financial gap to meet SDGs in MEASA hits $5tn annually: NYUAD

With the financial gap to meet the SDGs continuing to grow, the report calls on institutional investors to rethink their strategies and seize the opportunity for transition investment in the MEASA region

UAE, Saudi Arabia lead M&A activity in MENA in 2024: EY

UAE, Saudi Arabia lead M&A activity in MENA in 2024: EY

The MENA region’s M&A landscape in 2024 highlights a growing appetite for cross-border transactions, sectoral diversification, and a shift towards sustainable, digital-first investments

Naser Taher on MultiBank Group's global strategy and future outlook

Naser Taher on MultiBank Group’s global strategy and future outlook

The founder and chairman of MultiBank Group explains how the group navigates regulatory challenges, employs technologies like AI and blockchain, and aligns its growth with Dubai’s financial vision

Review: HMD Skyline – A fresh take on smartphone design 

Review: HMD Skyline – A fresh take on smartphone design 

Crafted from recycled aluminium, Skyline’s design innovation allows you to self-repair a broken screen with ease, and with 800 battery cycles, it’s built to last longer, making it a sustainable choice

Lenovo, world’s largest PC maker, to launch factory in Saudi Arabia

The company plans to open facilities in Saudi Arabia following a major investment deal with the kingdom’s Public Investment Fund

Apple launches iPhone 16 as it bets on AI future

Apple faces $3.8bn legal claim over iCloud practices

A UK consumer group believes iPhone and iPad iOS users have had little choice but to use Apple’s own iCloud service

Abu Dhabi’s Etihad Airways posts 66% rise in nine-month profit

Abu Dhabi’s Etihad Airways posts 66% rise in nine-month profit

The national airline reported a profit after tax of $368m (Dhs1.4bn), up from $222m a year earlier

UAE’s IHC starts Dhs5bn share buyback programme

UAE’s IHC starts Dhs5bn share buyback programme

The holding firm said the first tranche of Dhs1.8bn, equivalent to 36 percent of the total, is expected to begin on November 18

Imtiaz selects Legrand for smart home solutions across 18 waterfront projects

Imtiaz appoints global giant Legrand for automation solutions across 18 waterfront projects

Legrand will equip Imtiaz’s projects with smart home systems, enabling residents to control lighting, climate, and security via smart devices

Saudi Arabia’s PIF to sell further stake in stc in potential $1.1bn deal

Saudi Arabia’s PIF raises $1bn from stc Group stake sale

The fund, which sold 6 per cent of stc for $3.2bn in 2021, will keep a 62 per cent stake in the telecoms group after the offering

FAB's EOSB funds secure initial approval from MOHRE, SCA

FAB’s EOSB funds secure initial approval from MOHRE, SCA

FAB’s EOSB Funds also simplify the administrative process for employers, enabling them to register through the bank’s EOSB online portal

How the UK can aid the GCC to harness EdTech for inclusive learning

The UK’s cutting-edge solutions make it an ideal partner for the GCC countries in advancing inclusive and innovative education initiatives

Abu Dhabi Catalyst Partners, Investindustrial partner to drive regional growth

Abu Dhabi Catalyst Partners, Investindustrial partner to drive regional growth

The strategic partnership between ADCP and Investindustrial aligns with the UAE’s goals to foster innovation, attract foreign investment, and boost job creation within ADGM