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
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
The launch was announced at a gala event at the Museum of the Future, Dubai, on October 10, 2024.
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
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
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
The revamped B2B portfolio marks a significant shift for du, allowing the company to offer more than just connectivity
Sixty-five percent of respondents reported experiencing mental health challenges in the past year, yet a surprising 82 per cent rated their overall wellbeing as positive
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
The network will accommodate passenger trains, each capable of carrying up to 400 passengers at a speed of 200 km/hour
The country’s core inflation slowed to an annual 25 per cent from 25.1 per cent in August
The partnership will provide Protectt.ai’s flagship product, AppProtectt Mobile App RASP XDR, to customers in the region
The fund aims to accelerate development in the Qassim region, including the facilitation of a land sale programme and development of the U Walk Qassim Mall
He took the helm of the Indian conglomerate when his uncle J.R.D. Tata stepped down in 1991
Under the 27-year agreement, Spinneys will establish a massive 500,000 square foot processing facility within Food Tech Valley
Taliban officials claim the number of overflights were even higher in recent days than FlightRadar24 data has shown
The joint venture will build on Modon’s development pipeline as well as sites currently owned by Candy
The REIT would offer investors access to a portfolio of prime income-generating properties managed by one of Dubai’s leading developers
The deal, set to commence in April 2025, will see up to 18 million tonnes of naphtha delivered to Shell
The lender reported a nine-month net profit of QAR12.7bn to September 30, up 7 per cent from the previous year
Rising geopolitical tensions in the region are having a dampener on the Gulf markets
The sector saw passenger numbers surge to nearly 38 million, driven by an influx of new providers and enhanced services
In the next five years, beOnd aims to expand its network to 60 global destinations
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’s dominance in the SWF sector is not only due to its sheer capital but also its strategic investments and diversification across industries
Through MDR Investments, Prateek Suri is driving a fresh wave of large-scale funding into Africa’s infrastructure and mining sectors
The budget maintains a balance between income and spending, with both revenues and expenditures approved at $19.6bn (Dhs71.5bn)
Many airlines are taking precautionary measures, with flights to Israel, Lebanon, and beyond affected
The fund will undertake a phased transfer of certain existing Indian investments to its GIFT City subsidiary
The exponential rise of branded residences is impressive when you consider the figures: there are over 120 developments that can be classed as ‘branded residences’ in the UAE, compared to 69 in 2022