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Airbus helicopters in KSA

Airbus trims its demand forecast for Middle East

After a prolonged lull, demand for larger wide-body planes is accelerating sharply as airlines renew capacity, impacting Airbus’ forecast for the long-haul fleet

Cybercrime laws Image Getty Images

UAE cabinet reshuffle: here’s what you need to know

The UAE has two new deputy prime ministers following the announcement on Sunday

Emaar’s Dubai Mall attracts 57 million visitors in H1 2024

Emaar’s Dubai Mall attracts 57 million visitors in H1 2024

The mall recorded a growth in retail sales in the first six months of 2024, ranging from 8 to 15 per cent higher than the same period last year

Fertiglobe wins bid to supply renewable ammonia

Fertiglobe wins bid to supply renewable ammonia to EU

The company will begin with an initial supply of 19,500 tonnes in 2027, with a maximum contract value of $431m

FAB refutes reports of $5bn Yes Bank stake as “unfounded”

‘Unfounded’: FAB dismisses reports of Yes Bank stake purchase

The UAE’s biggest lender by assets categorically denied that it is evaluating any possible offer for a stake in Yes Bank

Etihad Airways

Etihad transports 8.7 million passengers in H1 2024

Etihad had an operating fleet size of 92 aircraft in H1 2024 compared to 76 in the same period the previous year

Job search LinkedIn

7 ways to use LinkedIn’s AI tools to help in job hunting

LinkedIn has a suite of tools that leverage AI to aide job seekers and recruiters make the perfect match

UK GCC TALKS

New UK government to finalise FTA by end of 2024, says GCC secretary-general

The GCC Secretary-General’s London visit comes a week after the UK elected a new Labour government

ADGM unveils whistleblowing framework Image ADGM

ADGM’s new ‘whistleblowing’ framework to enhance market integrity

Entities within the centre are required to implement proportionate arrangements to support effective whistleblowing by May 31, 2025

Marjan Debuts La Mer by ELIE SAAB Residences in Ras Al Khaimah

Marjan unveils La Mer by ELIE SAAB Residences in RAK

La Mer by ELIE SAAB consists of three towers connected by an intricate design with a dual lobby and multiple on-site facilities

Emaar showcases H1 highlights, focused on 'transforming communities'

Emaar showcases H1 highlights, focuses on ‘transforming communities’

Emaar Development recorded 30 project launches, resulting in the sale of 8,400 units in the first six months, reflecting a 56 per cent growth over H1 2023

Core42, AIREV unveil OnDemand AI operating system image: Getty IMages/ For illustrative purposes

Core42, AIREV unveil OnDemand AI operating system

OnDemand’s blend of advanced infrastructure and innovative AI solutions aims to transform AI application development and deployment, both regionally and globally

OPEC Fund approves over $500m in new global development support

OPEC holds firm on 2024 oil demand outlook, anticipates strong travel season

OPEC’s report points to an oil supply deficit in coming months

summer weather

UAE weather: 50.8 degrees C temperatures followed by hail, rain showers

The NCM issued a yellow alert in some areas of Abu Dhabi advising residents to remain vigilant when outdoors

DAMAC to invest $1bn in data centres, expand in Saudi

DAMAC Group ramps up AI investments with $50m Anthropic deal

The investments are part of the conglomerate’s broader strategy to advance digital infrastructure and support the tech transitions

food - Workers organise a watermelon stall at a fresh produce market in Dubai on March 21, 2023 ahead of the Muslim holy fasting month of Ramadan. (Photo by Karim SAHIB / AFP) (Photo by KARIM SAHIB/AFP via Getty Images)

Dubai to develop ‘world’s largest’ fresh food hub

The planned logistics hub aligns with the Dubai Economic Agenda (D33), which aims to double the size of the emirate’s economy to $8.7tn, by 2033

Indonesia’s $2.35bn Sukuk listed on Nasdaq Dubai

Indonesia lists three sukuks worth $2.35bn on Nasdaq Dubai

The new listings bring the Southeast Asia nation’s total value of issuances listed on the exchange to $24.1bn

RTA

Watch: RTA unveils AI-powered detection system for Dubai’s roads

The smart vehicle boasts several advanced features that improve the detection of road conditions and the inspection of traffic diversions

Global energy firms take 40% stake in ADNOC LNG plant

ADNOC’s Ruwais LNG sells 40% stake to Shell, Total, BP, Mitsui

The state energy giant said it now has buyers lined up for 70 per cent of the plant’s 9.6 million-tonne annual production capacity

Nuisance cold callers to face Dhs150k fines in UAE from August 27

Errant telemarketers in the UAE will face steep fines if they fail to comply with a set of new federal regulations.

Ritz-Carlton Reserve to launch in UAE on Ramhan Island in 2029 Image: Supplied

First Ritz-Carlton Reserve in UAE to launch on this island

Ritz-Carlton Reserve currently includes only seven properties in destinations such as Saudi Arabia, Thailand, Indonesia, Puerto Rico and Mexico

Dubai real estate

Unstoppable? Dubai’s property market surges 30% in 2024

Dubai’s high rental yields, easy real estate financing, and accessible residency visas are factors driving property ownership over renting

Egypt-GettyImages-520265584-e1703142282632

Egypt’s SKG signs $500m real estate development deal with UAE’s KSH

The deal includes three residential towers and a five-star hotel in an area overlooking the Nile’s Warraq Island

Sir Keir Starmer’s grammar school to open campus in Sharjah

Keir Starmer’s old school, Reigate Grammar, is opening a new campus in Sharjah’s Masaar megaproject.

How Pure Gold is crafting Dubai’s real estate legacy

Karim Merchant: Crafting a lasting legacy in Dubai’s property market

Pure Gold Group’s managing director and CEO shares how he’s leveraging the group’s 35 years of history to shape a legacy in Dubai’s booming real estate market

Dubai Green Spine Image courtesy Urb

Dubai’s 64km Green Spine: Solar-powered trams, 300MW system touted for E311 route

At the core of the Dubai Green Spine project are 100 per cent solar-powered trams, supported by a substantial 300-megawatt solar energy system

retirement

5 strategic steps to help you achieve an early and a secure retirement

Regular saving, prudent spending, and smart investing not only boost your retirement fund but also enhance your overall financial health

Dubal and BiOD to support circular economy. Image for illustrative purposes Getty Images

DUBAL Holding acquires equity stake in BiOD Technology

BiOD Technology is known for converting used cooking oils and palm oil mill effluent into clean biodiesel

Murban

Record-breaking trading activity for UAE’s Murban Crude

The platform’s extensive reach allows investors from multiple jurisdictions to participate in trading the Murban Crude oil futures

From bricks to big plans, LEGOLAND Dubai Resort's Tim Harrison-Jones shares details

From bricks to big plans, LEGOLAND Dubai Resort’s Tim Harrison-Jones shares details

The general manager of LEGOLAND Dubai Resort tells us why the destination remains a favourite with guests of all ages from across the world