The investment represents a pivotal moment in e&’s international strategy to scale and add resilience to its operational profile
For both cities, the ease and clarity of regulations has been a significant draw for financial investors
Before the summit, Russia outlined an alternative payment system in national BRICS currencies that would include a new messaging system
Last year, deals worth $17.9bn were agreed at the forum and organisers say they expect $28bn in deals to be announced this year.
The share of the aviation industry to Dubai’s economy hit a record Dhs137bn in gross value added, equivalent to 27 per cent of the GDP
The barrierless parking solution eliminates the need for cars to stop when entering or exiting the mall’s parking lots
This initiative aligns with Saudi Arabia’s National Transport and Logistics Strategy, aiming to promote the use of modern technologies in transportation
Combining advanced blood biomarker analysis and self-reported health data, Bioniq creates customised supplements designed to meet individual health needs
Third quarter revenues reached Dhs3.975bn, up 110 per cent from the corresponding period of 2023, the company reported
The Islamic T-sukuk issuance programme plays a pivotal role in enhancing the UAE’s financial markets by contributing to the development of a UAE dirham-denominated yield curve
The investment round led by Shorooq Partners with participation from Apparel Group and other investors
Holger Reisinger, senior vice president at Jabra, says AI will reshape the way knowledge workers operate by automating tasks and enabling faster decision-making
The sale includes nine GEnx engines for the Boeing 787 aircraft and five GP7200 engines for the Airbus A380
Growth in the UAE is broad based and driven by solid domestic activity in sectors such as tourism, construction and financial services
Maaz Qureshi, vice president of Digital Business at ADNOC Distribution, says the company is investing in AI-powered solutions to drive operational excellence
The group head of Corporate & Investment Banking at Mashreq says that incumbents now view fintechs as partners rather than competitors
Lucid said it expected the offering to raise $1.67bn, but on Monday, the company said the offering had raised nearly $1.75bn
Together with its previous orders, the carrier now has 14 Boeing 777Fs pending delivery from Boeing until the end of 2026
While the potential is vast, high costs, limited EV models, and insufficient charging infrastructure remain significant barriers
The project is part of a initiative to enhance Dubai’s road network, particularly as a support corridor to major highways like Sheikh Zayed Road, Sheikh Mohammed bin Zayed Road, and Emirates Road
Following the integration of Nakheel and Meydan into Dubai Holding, Dubai Residential’s reach expanded to encompass 40,000 homes and over 150,000 residents across the emirate
Abu Dhabi’s first Mandarin Oriental Residences will be situated in Saadiyat Cultural District among world-class museums, fine dining and entertainment venues
Oil prices rose on Monday following last week’s decline amid worries about weak demand in China
SARCC will revolutionise the accommodation market by developing and operating complexes for staff in Saudi Arabia
Saudi Arabia is the number two oil exporter to China behind Russia and holds stakes in some Chinese refiners
The entire amount raised will be distributed to United Electronics Company (eXtra), the selling shareholder
The IMF’s latest report showed global public debt will reach 93 per cent of global gross domestic product by the end of 2024
The last time Türkiye’s central bank raised its main policy rate was in March when it hiked by 500 basis points
The order for more of the current-generation freighters emerged amid tensions between Emirates and Boeing over separate delivery delays of 777X
The company is the largest producer of nitrogen fertilisers in the MENA region, with plants in the UAE, Egypt and Algeria