Announced during the 79th United Nations General Assembly, the initiative seeks to elevate the climate ambitions of these nations and drive urgent action on sustainability
The New York-based private equity firm received preliminary approval for a license to operate out of the Abu Dhabi Global Market
The transaction positions the ethical beauty brand for a revival amid increasing demand for sustainable and ethically produced beauty products
The space firm will create advanced facilities for designing, building, testing, and integrating various satellite components
Neopay, originally established as a strategic division within Mashreq, has expanded rapidly, becoming a key player in the UAE’s digital payments sector
The IPO attracted six cornerstone investors, including Al-Hosn Investment Company, Bank Dhofar and Tanmia, which agreed to subscribe for shares worth as much as OMR156m
The upgrade includes new features like the Compass Chat mobile app, which offers seamless AI access and enhanced productivity tools for businesses
The 75-storey luxury residential tower on Dubai’s Palm Jumeirah is scheduled for completion in Q2 2028
Menzies Aviation has been operating at Maputo Airport since 2018, offering services like lounge management and ground handling
The Central Bank of Egypt is currently pursuing approval from the Financial Regulatory Authority and the Egyptian Stock Exchange
The ministry’s efforts to strengthen the local currency bond market and diversify funding sources are crucial in fostering a stable financial landscape
The broader goal would be to increase global chip production and help bring chip prices down without hurting chipmakers’ profitability
With the SDGs at risk of falling short by 2030, the global community is grappling with how to harness AI’s transformative potential while ensuring accountability and ethical oversight
The initiative is for beneficiaries of the Abu Dhabi Housing Authority’s housing loan programme, with loan amounts of Dhs1.75m
The $4bn increase shows progress but is well short of the trillions of dollars in additional resources needed annually to finance the clean energy transition
This partnership supports Riyadh Air’s goal of becoming the world’s first fully digital airline as it prepares to expand to over 100 destinations by 2030
This surge follows a robust performance in 2023, when the kingdom welcomed 27.4 million tourists, a 56 per cent rise from 2019
The recommendation from the BIS was made prior to the US Federal Reserve’s first interest rate cut in four years
Ahmed Obaid Al Qaseer says Shurooq is harnessing Sharjah’s cultural heritage, while implementing initiatives that boost tourism and investment
The Sounion, which was struck on August 21 and laden with about one million barrels of crude oil, was towed without an oil spill
Throughout September, U by Emaar members can participate in a raffle with daily prizes of 10,000 Upoints, and a grand prize of 100,000 Upoints at the end of the month
The two firms will develop AI solutions aimed at boosting weather forecasting accuracy globally and will set up an operational base and climate tech lab in Abu Dhabi
The platform addresses common challenges in the M&A process, such as high costs and fragmented service models, streamlined, and cost-effective alternative
The UAE-US relationship, which spans more than five decades, is marked by robust economic ties, with bilateral trade reaching $31.4bn in 2023
The partnership aims to enhance transparency, efficiency and security within the commodities market, benefitting stakeholders across the globe
The new facilities will give the group the flexibility to time its return to the debt capital markets in line with its stated strategy to utilise bonds as the predominant long-term funding vehicle
Golf Saudi plans to build three Topgolf venues by 2028, with the option to open two others in the future
Karim Maksoud, managing director of Al Habtoor Motors, shares insights into the future of electric vehicles in the UAE
A sale of the stake would increase the investor base of the business that has been held by the Alshaya family since 1999
The Asian expansion comes as the fund has been diversifying its investments from core European and US markets