OMODA & JAECOO inks deal with Galadari to be its first UAE distributor

OMODA & JAECOO inks deal with Galadari to be its first UAE distributor

The partnership with Galadari will allow prospective customers in the UAE to experience the Chinese brand’s vehicle line-up – including its flagship models, OMODA C5 and JAECOO J8

Botim app integrates The UAE Lottery, offers users seamless access

Botim app integrates The UAE Lottery, offers users seamless access

With the launch of The UAE Lottery on Botim, users can now access a wide range of entertainment options with just a few taps

Delivery Hero’s Talabat to divest 15% stake via IPO

Delivery Hero raises size of Talabat’s IPO to $2bn

The German firm initially planned to raise $1.52bn (Dhs5.6bn) by offering a 15 per cent stake in Talabat

UAE Lottery: Country's first regulated lottery launches, Dhs100m up for grabs

UAE’s first regulated lottery draw launches, Dhs100m up for grabs

Tickets are now available for purchase on theuaelottery.ae, with the inaugural live draw scheduled for December 14

DFSA measures to tackle financial misconduct in 2024 Image Dubai Media Office

Here’s how DFSA cracked down on financial misconduct in 2024

The DFSA plans to continue its rigorous enforcement measures and provide clear regulatory guidance to all entities operating within the DIFC

Emirates NBD, Mashreq back syndicated loans platform LoanBook

Emirates NBD, Mashreq back syndicated loans platform LoanBook

With the backing of two of the GCC’s leading banks, LoanBook is well-positioned to continue its mission of modernising the syndicated loan market

Saudi Arabia approves 2025 state budget, forecasts $27bn deficit

Saudi Arabia approves 2025 state budget, forecasts $27bn deficit

The 2025 budget estimates total expenditures of SAR1.3tn and total revenues of SAR1.2tn

ENEC, ADNOC to explore nuclear technology for O&G sector

ENEC, ADNOC to explore nuclear technology for O&G sector

With the UAE’s Energy Strategy 2050 setting ambitious goals for clean energy, the collaboration between ENEC and ADNOC is a crucial step towards achieving these objectives

Dubai Insurance, Aster DM unveil new insurance plan

Senior citizens in the UAE get new health insurance plan

The plan is live and can be purchased through Dubai Insurance Company, the OrangeCare website and Slice Of Wellness

Dubai’s Emirates takes delivery of first A350-900 aircraft

Dubai’s Emirates takes delivery of first its A350-900 aircraft

The widebody aircraft will officially enter commercial service in January, when it makes its debut flight to Edinburgh

Dr. Ella Washington on how How MENA leaders can realise their diversity and inclusion (DEI) ambitions

How MENA leaders can realise their DEI ambitions

By adopting a comprehensive approach to DEI, organisations in the GCC and the wider MENA region can fully leverage the potential of their diverse workforces

etihad airways to launch 10 new routes in 2024

Etihad Airways to launch 10 new routes in 2025

With a expansion strategy that encompasses new destinations, innovative fleet additions, and top notch customer experience, Etihad is poised to continue playing a crucial role in global aviation

How GenAI, private cloud synergy are transforming the financial sector

How GenAI, private cloud synergy are transforming the financial sector

As GenAI revolutionises customer experiences, we explore the pivotal role of technological innovations and regulatory frameworks in shaping the future of financial services

UAE’s ADNOC says gas unit share sale can unlock ‘significant value’

UAE’s ADNOC says gas unit share sale can unlock ‘significant value’

The energy firm said the value of its gas unit can be enhanced by inclusion in wider market indexes and with a broader shareholder base

BCG Insights: Building a greener future for the Middle East

Insights: Building a greener future for the Middle East

We explore how emissions performance management is paving the way for the Middle East’s urban projects

Riyadh Metro to launch first phase on Nov 27, 2024 Getty Images-1232056879

Riyadh Metro to kick off first phase on Nov 27, includes 3 lines

The partial launch will see three of the six routes of the world’s longest driverless metro system become operational

Moody’s upgrades Saudi Arabia’s rating on economic diversification

Moody’s upgrades Saudi Arabia’s rating on economic diversification

The rating agency revised the country’s outlook to stable from positive, citing uncertainty regarding global economic conditions

Saudi Aramco unit in talks to invest $1bn in US software maker Mavenir

Saudi Aramco unit in talks to invest $1bn in US software maker Mavenir

The deal by Aramco Digital would be its first major transaction in the telecommunications industry

Citi secures licence for regional headquarters in Saudi Arabia

Citi secures licence for regional headquarters in Saudi Arabia

Riyadh has been looking to attract more companies to set up their regional headquarters in the kingdom by offering tax breaks

UAE central bank fosters innovation with new hub at EIF

UAE central bank fosters innovation with new hub at EIF

The partnership will foster a new generation of skilled professionals equipped to meet the industry’s evolving demands

Abu Dhabi’s Masdar, Silk Road Fund to co-invest $2.8bn in renewables

Abu Dhabi’s Masdar, Silk Road Fund to co-invest $2.8bn in renewables

The two entities agreed to collaborate on joint investments in renewable energy projects developed, invested in, or operated by Masdar

UAE aerospace gets a boost from Mubadala, Safran alliance

UAE aerospace gets a boost from Mubadala, Safran alliance

The agreement will focus on maintenance, manufacturing, advanced materials, and space

China’s Ministry of Finance lists $2bn bonds on Nasdaq Dubai

China’s Ministry of Finance lists $2bn bonds on Nasdaq Dubai

Chinese entities have a notable presence on the exchange, with over $22bn in debt listed to date

Saudi Aramco, Sempra sign 20-year LNG offtake deal

Saudi Aramco to take on more debt, focus on dividend growth – report

The world’s top oil exporter raised $6bn from a three-tranche bond sale in July, ending a three-year debt market hiatus

Egypt’s United Bank to sell 30% stake via IPO on local bourse

Egypt’s United Bank to sell 30% stake via IPO on local bourse

The central bank is offering 330 million shares in United Bank at a maximum price of EGP15.6  apiece

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

Bitcoin breaks $96,000 for first time on optimism over Trump crypto plans

Bitcoin breaks $96,000 for first time on optimism over Trump crypto plans

The cryptocurrency’s price has more than doubled this year and is up about 40 per cent in the two weeks since Trump was voted in as the next US president

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