How Ericsson is fostering GCC’s AI-driven innovation

Nicolas Blixell on how Ericsson is fostering AI-driven innovation in the GCC

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

Dell’s Walid Yehia on AI innovation, cybersecurity and sustainability

The managing director – Gulf, at Dell Technologies, shares insights on Dell’s role in transforming industries and meeting the evolving needs of enterprises in the UAE and beyond

Ready, set, race to Dubai Autodrome

Ready, set, race to Dubai Autodrome

Shift into the fast lane for your next night out at Dubai Autodrome

GB Business Breakfast shines spotlight on GCC’s automotive, mobility sectors

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

UAE hikes petrol, diesel prices for November 2024

Here’s how much petrol, diesel will cost you in November

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

Saudi wealth fund PIF to anchor Brookfield’s $2bn Middle East fund

Saudi wealth fund PIF to anchor Brookfield’s $2bn Middle East fund

The new private equity fund will target buyouts, structured solutions and other investment opportunities across a range of strategic sectors

Saudi Arabia’s Riyadh Air places order for 60 Airbus A321neo

Saudi Arabia’s Riyadh Air places order for 60 Airbus A321neo

The deal, signed at the Future Investment Initiative forum in Riyadh, brings to 132 the total number of jets ordered by Riyadh Air

The future is here: OMODA & JAECOO’s user summit showcases high-tech cars, robots

The future is here: OMODA & JAECOO user summit showcases high-tech cars, robots

The summit saw the official global launches of OMODA & JAECOO’s latest models, OMODA C7 and JAECOO J5, in the presence of over 2,000 attendees

How Khazna is revolutionising GCC’s data centre industry

Khazna: Revolutionising the GCC data centre industry with AI solutions

Johan Nilerud, senior director of Strategy and Planning at Khazna, says AI presents enormous potential across the data centre value chain

Saudi minister asserts economic resilience to investors at FII conference

Saudi minister asserts economic resilience to investors at FII conference

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

Abu Dhabi’s CYVN seeks to buy McLaren’s automotive business

Abu Dhabi’s CYVN Holdings to acquire McLaren’s automotive business

The deal will bring access to additional capital, advanced engineering expertise and technology, particularly in the field of electric vehicles

Dominique Piotet on how IDDA is fostering Azerbaijan’s tech revolution

Dominique Piotet on how IDDA is fostering Azerbaijan’s tech revolution

The expert in Technopark Development at IDDA says the agency is positioning Azerbaijan as a leading tech innovation hub that is fostering a thriving startup ecosystem

Emirates inks strategic deals with Vietnam Airlines, VietJet

Emirates inks strategic deals with Vietnam Airlines, VietJet

Under the new MoU, the airlines will explore opportunities to expand connectivity beyond their current interline agreement and potentially integrate reciprocal loyalty benefits

Dubai Government approves Dhs302bn budget for 2025-2027

Dubai government approves record-breaking budget

The expenditure for fiscal year 2025 alone is estimated at Dhs86.26bn, with revenues projected at Dhs97.66bn

ACWA Power signs deals worth $1.784bn at FII8 in Riyadh

ACWA Power signs deals worth $1.78bn at FII8 in Riyadh

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.

AD Ports, Vingroup to develop ports, logistics, maritime sectors in Vietnam

AD Ports, Vingroup to develop ports, logistics, maritime sectors in Vietnam

This initiative seeks to bolster Vietnam’s logistics and manufacturing sectors, positioning the nation as a key hub within both regional and global supply chains

Modon Holding, LuLu Retail to build retail facilities in UAE and Egypt

The two entities are collaborating to build a network of community retail outlets, including hypermarkets, supermarkets, and other retail stores

QatarEnergy buys 50% stake in TotalEnergies solar project in Iraq

QatarEnergy buys 50% stake in TotalEnergies solar project in Iraq

The solar project, which will be developed in phases, will generate up to 1.25 GW at peak using 2 million bifacial solar panels

Saudi wealth fund PIF tells FII gathering it will cut overseas investments

Saudi wealth fund PIF tells FII gathering it will cut overseas investments

The sovereign wealth fund is driving economic diversification by investing billions in new sectors to reduce oil dependency

Are autonomous vehicles the key to sustainable mobility in the region's EV revolution?

Are autonomous vehicles the key to sustainable mobility in the region’s EV revolution?

The UAE and Saudi Arabia are rising stars from the Middle East in embracing driverless transportation to achieve sustainable mobility

Amali Properties breaks ground on ultra-luxe island project

With piling works set to begin in March 2025, the project is expected to reach completion by Q1 2027

How NBA is deepening connections with Middle East basketball fans

How NBA is deepening connections with Middle East basketball fans

The VP and head of Fan Engagement and Direct-to-Consumer at NBA Europe and Middle East, shares the strategy and vision driving NBA’s expansion into Abu Dhabi and its presence in the region

UAE, Vietnam seal comprehensive economic partnership agreement

UAE, Vietnam seal comprehensive economic partnership agreement

The bilateral trade pact is expected to unlock new avenues for cooperation in key sectors such as food production, apparel, machinery, and metals

Saudi Arabia’s United International kicks off SAR990m Riyadh IPO

Saudi Arabia’s United International kicks off SAR990m Riyadh IPO

The indicative price range was set between SAR120 and SAR132 per share, implying a market capitalisation of between SAR3bn and SAR3.3bn

How Nokia is pioneering AI-driven connectivity solutions

Samar Mittal on Nokia’s pioneering AI-driven connectivity solutions

The vp and head of Cloud & Network Services says the company’s focus on AI and private wireless networks positions it well to address the evolving needs of the market

Rashid Khan-Gandapur, Director, Real Estate Finance, Bank of London and The Middle East gives us insights into why GCC investors eye long-term gains through UK real estate regeneration

GCC investors eye long-term gains through UK real estate regeneration

With strategic focus on the UK real estate market, GCC investors are increasingly turning to asset enhancement and sustainable investments to capture strong returns and long-term growth

Bahrain (Image: Supplied by Qatar Airways)

Bahrain’s new domestic minimum top-up tax: What it means for multinationals

From investment impact to compliance obligations, FTI Consulting’s Nilesh Ashar explores how this tax positions Bahrain on the international tax landscape while offering strategic reliefs to boost the economy

UAE’s Lulu Retail sets IPO price range of up to Dhs2.04 per share

The indicative share price of Dhs1.94 and Dhs2.04 per share implies a market valuation of around $5.74bn (Dhs21.07bn)

Al Laith's Jason English on supporting the region's evolving events sector

Al Laith’s Jason English on supporting the region’s evolving events sector

We explore how Al Laith has sustained its leadership by adapting to the region’s evolving needs, leveraging technology and innovation, and prioritising sustainability across its operations

global growth forecast IMF WEO report Image Getty Images

IMF forecast: Global growth holds steady at 3.2% as inflation eases

According to the IMF’s WEO report, headline inflation is expected to fall to 3.5 per cent by late 2025, aligning closely with central bank targets worldwide