Abu Dhabi airports’ nine-month passenger jumps 31.2%

Abu Dhabi airports’ nine-month passenger jumps 31.2%

The growth in passenger traffic was more pronounced in Q3 2024, with Abu Dhabi airports serving 7.7 million passengers

UAE's Julphar divests Zahrat Al Rawdah Pharmacies

UAE’s Julphar divests Zahrat Al Rawdah Pharmacies

Zahrat Al Rawdah, a wholly-owned subsidiary of Julphar, operates 173 pharmacy outlets across Saudi Arabia

How Proofpoint is fostering cyber resilience

Proofpoint’s Haifa Ketiti on AI-driven cybersecurity solutions

The senior systems engineer emphasises that human error is the primary cyber risk, while advocating for a human-centric approach to security

New Zealand seals trade deal with GCC states

New Zealand seals trade deal with GCC to boost exports, investment

The trade pact would remove tariffs for 51 per cent of New Zealand’s exports to the region from day one

The future of travel IATA passenger survey reveals trends -GettyImages-1488420701

The future of travel: IATA passenger survey reveals key trends

Passengers are not just looking for a flight; they want a seamless, tech-enhanced experience from booking to boarding

Audi Q6 e-tron and Cafu mobile EV charging prototype

CAFU rolls out EV charging service to Audi e-tron vehicles

Audi Middle East is also collaborating with Siemens, Desert Technologies, and the UAE Ministry of Energy & Infrastructure to expand the regional charging network

Salik: New toll gates to be operational from Nov 24 Image Getty Images

Salik’s new toll gates: here’s where you’ll start paying from Nov 24

The installation of the Business Bay and Al Safa South toll gates, both of which are strategically positioned to manage traffic flow and enhance road safety

Saudi PIF signs MoUs with Japanese lender worth up to $51bn

Saudi PIF signs MoUs with Japanese lender worth up to $51bn

The fund inked MoUs with Mizuho Bank, Sumitomo Mitsui Financial Group, MUFG Bank, Japan Bank for International Cooperation, and Nippon Export and Investment Insurance

Abu Dhabi launches new licensing framework for longevity medicine centres (HLMCs)

Abu Dhabi launches new licencing framework for longevity medicine centres

By utilising patient data from various platforms, including Malaffi and Ifhas, the centres will create personalised health journeys tailored to individual needs

Mubadala Capital, Temasek's Seviora Holdings to explore co-investment opps

Mubadala Capital, Temasek’s Seviora Holdings to explore investment opps

Singapore-based Seviora Holdings oversees assets worth $51.3bn as of June 30, offering a variety of investment strategies in public and private markets

Saudi Arabia’s Hassana to back $2bn Brookfield Middle East fund

Saudi Arabia’s Hassana to back $2bn Brookfield Middle East fund

The fund will target buyouts, structured solutions, and other investment opportunities across a range of strategic sectors, including technology and healthcare

NMDC Group, Vingroup partner for coastal protection in Vietnam

UAE’s NMDC Group, Vingroup partner for coastal protection in Vietnam

The projects are expected to generate thousands of jobs for local communities, driving economic growth in Vietnam’s coastal regions and providing substantial social benefits

GE Vernova, Iraq's Ministry of Electricity 'energise' 5 new substations

GE Vernova, Iraq’s Ministry of Electricity ‘energise’ 5 new substations

GE Vernova has contributed up to 19,000 megawatts of power generation capacity, mobilised over $3bn in financing for energy projects, and invested in workforce training initiatives

ACWA Power secures $62m for renewable energy project in Uzbekistan

ACWA Power secures $62m for renewable energy project in Uzbekistan

Uzbekistan remains ACWA Power’s second-largest market, with a robust portfolio that includes 11.4GW of power capacity

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