Emirates, Viva Aerobus interline deal to boost connectivity to and within Mexico

With this agreement, Emirates customers flying from Dubai to Mexico City can seamlessly connect to additional Mexican destinations such as Acapulco, Cancun, Guadalajara, and Monterrey

Elon Musk - xAI - Grok

Elon Musk’s xAI valued at $24bn after funding from Andreessen Horowitz, Sequoia Capital

Musk had denied a report earlier this year that said xAI was seeking funding

George C0allas the CEO of Lifesize Plans Dubai talks about pre-construction technology and its advantages

How pre-construction tech is transforming the property sector

Building information modelling minimises waste, controls costs, coordinates workflows and optimises labour needs for future construction

Abu Dhabi real estate projects

7 upcoming waterfront developments in Abu Dhabi

These developments across Abu Dhabi promise state-of-the art amenities combined with a lifestyle that blends nature, culture, and access to domestic and international cities

air turbulence

What you need to know about air turbulence?

While turbulence changes with weather conditions, some regions and routes are more prone to it than others

Bahrain

Bahrain’s credit rating ‘stable’ at B+/B amid economic challenges: S&P

S&P’s affirmation of Bahrain’s credit ratings and stable outlook highlights the country’s ongoing fiscal reforms and support from GCC allies

Interview with Stuart Henwood, head of New Balance MENA and India

New Balance’s Stuart Henwood showcases the brand’s legacy, collabs and regional growth

The general manager of New Balance MENA and India shares the factors driving the activewear brand’s growth in the Middle East and its growing appeal among regional customers

Cyclone Remal landfall tracking

Which UAE-India flights have been cancelled due to Cyclone Remal?

Cyclone Remal made landfall on the evening of May 26 with a wind speed of 135 kilometres per hour

BIG Holding’s $146.5m IPO draws orders worth $2.5bn

BIG Holding’s $146.5m IPO draws orders worth $2.5bn

The company priced its IPO at the top of the range, selling its shares at 500 fils apiece to raise KWD45m

Saudi Arabia plans Aramco share sale as soon as June

Saudi Arabia plans Aramco share sale as soon as June

The energy firm expects to pay $31bn in dividends, despite reporting lower earnings for the first quarter

Nakheel awards contracts for Palm Jebel Ali infrastructure works

Nakheel awards contracts for Palm Jebel Ali infrastructure works

Palm Jebel Ali will serve as a significant residential and leisure anchor for the new Expo 2020 urban centre

World, Mawani break ground on $250m Jeddah Logistics Park

DP World, Mawani break ground on $250m Jeddah Logistics Park

The groundbreaking follows on the heels of DP World opening freight forwarding offices in Dammam, Jeddah and Riyadh

Qatar Airways sharjah

12 injured as Qatar Airways Dublin flight hits turbulence

A dozen passengers and crew sustained minor injuries during the flight and were receiving medical attention

Bahrain Golden Licence attracts billions in FDI _ Getty Images-1471641887

Russia’s Nornickel planning to build PGMs refinery in Bahrain – report

Russian Deputy Prime Minister Alexander Novak said that Nornickel plans to build “a platinum production plant” in Bahrain

Saudi-backed Lucid Air sedan

PIF-backed Lucid to trim US workforce amid softening EV demand

The layoffs at Lucid will impact employees at all levels, including leadership and mid-level management,

UAE off FATF grey list what it means for trade and investment-GettyImages-927096466

UAE is off FATF’s grey list: What that means for trade, investment

The UAE’s exit from the FATF’s grey list can be seen as a crucial step, albeit not the sole factor, for fostering robust growth in trade and investment

Generative AI

How should UAE businesses look at the legal considerations of deploying AI

The future is full of opportunities for regional businesses to flourish by tapping into the infinite potential of AI

ADNOC, Aramco considering bids for Shell’s South African assets – report

Shell announced a plan to divest its majority shareholding from a local South African downstream unit after a comprehensive review of its businesses

Eagle Hills unveils EUR3bn waterfront project in Latvia

UAE’s Eagle Hills expands global reach with EUR3bn Latvian project

A EUR250,000 investment in the Riga Waterfront would enable buyers to acquire residency in the European Union-member country

nvidia-jensen-huang

Nvidia announces 10-for-1 stock split after post-earnings $200bn rally

Nvidia’s lead in the AI boom already has made it the most popular stock among individual investors over the past year

The Goldman Sachs Group Inc. logo is displayed in the reception area of the One Raffles Link building, which houses one of the Goldman Sachs (Singapore) Pte offices, in Singapore, on Saturday, Dec. 22, 2018. Singapore has expanded a criminal probe into fund flows linked to scandal-plagued 1MDB to include Goldman Sachs Group, which helped raise money for the entity, people with knowledge of the matter said. Photographer: Nicky Loh/Bloomberg

Goldman Sachs gets licence for regional headquarters in Saudi Arabia: Reports

Saudi Arabia‘s deadline for foreign firms to establish their regional headquarters in the kingdom went into effect earlier this year

Egypt’s central bank keeps key interest rates unchanged

Egypt’s central bank keeps key interest rates unchanged

The monetary policy committee left the lending rate unchanged at 28.25 per cent and the deposit rate at 27.25 per cent

UAE-PAKISTAN

UAE announces $10bn investment package for Pakistan

Pakistan needs foreign investment to boost its economy and shore up its currency reserves to meet rising external repayment obligations

UAE economy grew 4.3% in Q4 2023

UAE economy grew 4.3% in fourth quarter of 2023

Financial and insurance activities, transportation and storage, real estate and construction sectors were among the top growth sectors

The Kitchen by Spinneys

The Kitchen: Spinneys introduces its first food hall concept

The food hall, covering 4,950 square feet, is located on the Lower Ground Floor in Dubai Mall

hamad international airport crosses milestone 50 million passengers mark

Hamad Intl Airport surpasses milestone 50-million passenger mark

In April, Hamad International Airport was also named the world’s best airport, according to Skytrax, the world airline and airport rating programme

Chinese planemaker COMAC eyes Saudi Arabian market

COMAC’s planes fly almost exclusively within China and with one Indonesian airline, but the planemaker is looking to expand elsewhere

UAE, France partner to advance global AI ecosystem

UAE and France partner to advance global AI ecosystem

The two countries will explore investment opportunities in start-ups and investment funds focused on AI models

esim

Airalo: Transforming global connectivity with eSIM innovation

Airalo, a leading eSIM marketplace, reveals its expansion plans as global travel surges

NVIDIA profit surges over 600% as ‘AI factories’ take-off

Massive demand for AI data centres has resulted in NVIDIA posting strong revenue and net profits