TotalEnergies starts construction on Iraqi gas project

France’s TotalEnergies starts construction on Iraq gas project

The ArtawiGas25 facility, which is part of the gas growth integrated project, will process 50 million cubic feet per day (Mcf/d) of gas previously flared

Gen AI and its impact insights by MIT SLOAN and Astra Tech image for illustrative purposes GettyImages

MIT Sloan, Astra Tech share insights on GenAI’s potential in Middle East

Retailers in the Middle East, particularly in the UAE, are leading the way in integrating LLMs, SLMs and LAMs to deliver personalised shopping experiences at scale

Aldar Properties raises Dhs9bn sustainability-linked loan

Abu Dhabi’s Aldar Properties raises Dhs9bn sustainability-linked loan

The facility is six times larger than any other single-bank financing the company has done in its recent history

b2b BNPL potential to transform global-trade -ADL report

B2B BNPL’s transformative potential in global trade: report

B2B BNPL transaction volumes are expected to hit $25-30tn by 2030, according to the ADL report

Abu Dhabi’s ADQ plans to launch takeover of courier firm Aramex

Abu Dhabi’s ADQ plans to launch takeover of courier firm Aramex

Q Logistics has set the takeover bid price at $0.82 (Dhs3) per share, representing a 33 per cent premium over Aramex’s closing price on Thursday

India opens F&B sector to 100% foreign investment

India opens F&B sector to 100% foreign investment, ownership

India sets $100bn target of combined product exports for food and beverage sector, and agriculture and marine industries in next five years

Creators HQ launches, positions UAE as a hub for content creators

UAE: Creators HQ launches, partners with Meta for initiative

Creators HQ is poised to empower content creators globally while contributing to Dubai’s growing reputation as a hub for digital media and innovation

Retail insights: AI, at your service

Retail insights: AI, at your service

Here’s how the most powerful AI tools ever created will help you understand your customers better than ever

Dubai: Private schools report 6% rise in enrolment for 2024-25 academic year

Dubai: Private schools report 6% rise in enrolment for 2024-25 academic year

The expansion of the sector is highlighted in a new KHDA report, which also noted the opening of 10 new private schools during the academic year

Dubai Marathon 2025: Key road closures on Jan 12

Dubai Marathon 2025: Key road closures on Jan 12

Dubai Metro services will begin at 5am on January 12, three hours earlier than usual, to provide convenient access to and from marathon-related areas

UAE to develop lander for Emirates asteroid belt mission

The Emirates Mission to the Asteroid Belt, which will begin its spacecraft development phase, is expected to last a total of 13 years

UAE’s MBZ-SAT earth observation satellite nears launch

Once operational in low Earth orbit, MBZ-SAT will be monitored from MBRSC’s Mission Control Centre, where teams will analyse the data transmitted back to Earth

Billionaire Hussain Sajwani sees more Gulf investments into US under President Trump

Hussain Sajwani: Gulf investments in US to soar under Trump

The real estate tycoon announced earlier this week that he planned to invest $20bn in data centres in eight US states over the coming years

Dubai’s DXV to launch world’s first flying taxi in 2026

Dubai’s DXV to launch world’s first flying taxi in 2026

The facility is the first of four vertical ports that Skyports is developing in partnership with the Roads and Transport Authority and Joby Aviation

Oil prices set for third straight weekly gain on supply concerns

Oil prices set for third straight weekly gain on supply concerns

Over the three weeks ending January 10, Brent has climbed by close to 7 per cent, while WTI has jumped nearly 8 per cent

New Tesla Model Y unveiled in China as carmaker fights off rivals

Deliveries in China are set to begin in March, subject to regulatory approval

Mastercard brings Crypto Credential to UAE, Kazakhstan in fintech push

Mastercard Crypto Credential allows users to send and receive cryptocurrencies using simple aliases instead of complex blockchain addresses

Qatar eyes 3.4% non-oil growth, $100bn FDI by 2030

Qatar eyes 3.4% non-oil growth, $100bn FDI by 2030

The strategies are part of the Qatar Vision 2030 and seek to promote sustainable growth and boost the private sector’s contribution to the GDP

ADNOC Gas awards $2.1bn LNG supply infrastructure contracts

ADNOC Gas invests $2.1bn to advance LNG supply infrastructure

The three contracts are part of the $15bn CAPEX that ADNOC Gas plans to invest through 2029

Insights: Why longevity should be a global government priority

Insights: Why longevity should be a global government priority

Governments must act as catalysts, fostering innovation ecosystems and adopting bold, forward-thinking policies to position themselves as leaders in this emerging field

DAMAC partners with MANTRA to tokenise $1bn in real-world assets

DAMAC partners with MANTRA to tokenise $1bn in real-world assets

The DAMAC Group assets will be available on MANTRA Chain in early 2025, exclusively through the blockchain platform

Dubai, Abu Dhabi real estate markets shine in 2024: Property Finder

Dubai, Abu Dhabi real estate markets shine in 2024: Property Finder

As the UAE real estate market continues to evolve, both cities are showing resilience and growth, positioning the region as a dynamic and attractive destination for global investors

Aldar Properties marks milestone, issues $1bn hybrid notes

The success of this hybrid issuance underscores the growing investor confidence in its ability to deliver on its transformational growth strategy

AI in access control: Enhancing security with intelligent analytics

AI in access control: Enhancing security with intelligent analytics

The prevailing perception about AI is that it is here to stay and there is no going back, so enterprises must adopt it to remain relevant. But none of that means AI has reached some sort of ceiling of maturity

UAE’s FAB to offload $800m bad debt to Deutsche Bank

UAE’s FAB to offload $800m bad debt to Deutsche Bank – report

The German lender outbid other international candidates for the soured loans, but it is not yet clear how much it will pay for the loan book

Thomas B. Meier, CEO, Jumeirah

Hospitality giant Jumeirah names Thomas B Meier as CEO

The appointment of the new CEO is a key part of Jumeirah’s Mission 2030 strategic plan

NMDC wins $1.14bn offshore pipeline contract in Taiwan

Abu Dhabi’s NMDC wins $1.14bn offshore pipeline contract in Taiwan

Taiwan Power Company awarded the contract to NMDC Energy and NMDC Dredging and Marine – the subsidiaries of NMDC Group

AI-powered desktop for $3,000? This is Nvidia’s plan for Project DIGITS

The new machine uses Nvidia’s latest “Blackwell” AI chip and will cost $3,000, the company’s CEO Jensen Huang revealed earlier this week

Dubai Civil Aviation Authority, Keeta Drones to boost drone delivery operations

Dubai Civil Aviation Authority, Keeta Drones to boost drone delivery operations

The agreement focuses on advancing drone-based delivery services in Dubai, with an emphasis on ensuring the highest levels of safety and security in the skies

The Arab Energy Fund-led consortium concludes acquisition of Metito Utilities. Image: TAEF

The Arab Energy Fund-led consortium concludes acquisition of Metito Utilities

This landmark deal enhances The Arab Energy Fund’s offerings in energy infrastructure and sustainable water solutions, particularly in the Middle East, Africa, and Asia