Du, the UAE telecommunications giant, has reported an impressive 49.7% increase in profits over the past nine months, highlighting robust growth in its mobile, broadband, and digital services. This surge has placed Du at the forefront of the regio…
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Sharjah Airport has launched direct flights to the Maldives in collaboration with Air Arabia, aiming to bolster connectivity between the UAE and the popular island destination. This new service is set to cater to the growing demand for travel to t…
Ras Al Khaimah (RAK) Free Trade Zone has reported a significant influx of nearly 400 new companies within the past year, showcasing its growing appeal as a business hub in the Middle East. This surge in new registrations highlights the strategic e…
Transforming the travel experience, Dubai International Airport is set to unveil its state-of-the-art Terminal 4, integrating advanced artificial intelligence technologies aimed at streamlining the check-in process for passengers. This new termina…
A transformative shift toward clean energy and industrial growth is underway in the Gulf Cooperation Council (GCC), spearheaded by Saudi Arabia. This development is underscored by the latest findings from the United Nations Industrial Development …
Flydubai has officially announced the launch of daily flights connecting Dubai with Bhairahawa, a significant development for both travelers and the local economy. Starting November 2024, this new route aims to enhance tourism and trade between th…
A new initiative is underway to enhance accessibility in Dubai’s shopping centers as Parkin, a company specializing in innovative parking solutions, announces plans to implement barrier-free parking systems at three major malls in the city. This m…
Nasdaq Dubai has seen another major listing with Dubai Islamic Bank (DIB) successfully bringing its $500 million Additional Tier 1 (AT1) Sukuk to the market. The AT1 Sukuk, an instrument used to bolster capital and liquidity for financial institut…
The UAE's Ministry of Finance (MoF), in collaboration with the Central Bank of the UAE (CBUAE), has conducted a successful Islamic Treasury Bonds (T-Sukuk) auction in October 2024, attracting bids amounting to AED 7.20 billion. This auction re…
Oman is making significant strides toward establishing itself as a regional leader in sustainable green financing. Officials have emphasized the nation’s commitment to promoting environmentally friendly financial practices, with initiatives aimed …
Forecasts by the International Monetary Fund (IMF) indicate a positive outlook for the economy of the United Arab Emirates, projecting a growth rate of 5.1% in 2025. This anticipated rise is attributed to a robust rebound in key sectors, notably t…
A new report from Gartner highlights a significant surge in electric vehicle (EV) adoption, projecting that 85 million EVs will be on the roads by the end of 2025. This forecast aligns with growing global efforts to combat climate change and reduc…
A new report highlights that the Middle East's electric vehicle (EV) market is set to expand significantly, presenting an opportunity worth approximately $54 billion by 2035. As countries in the region work toward sustainability and reducing c…
Aldar Properties and Mandarin Oriental Hotel Group have announced a strategic partnership to develop a collection of exclusive branded residences in Abu Dhabi. This collaboration aims to redefine luxury living in the emirate, blending Aldar's …
A recent report highlights that Dubai and Abu Dhabi have secured the top two positions worldwide for ease of entry for global talent, reinforcing their status as attractive destinations for skilled professionals. This ranking is a significant achi…
Aiming to advance its sustainable development agenda, Dubai has joined the Sustainable Development Goals (SDG) Cities Global Initiative, aligning itself with global efforts to implement the 2030 Agenda for Sustainable Development. This initiative,…
Dubai's Crown Prince, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, has approved an initiative aimed at enhancing the emirate's countryside and rural areas through the development of scenic routes and various community-focused projects…
Telecommunications provider du has announced a strategic collaboration with French multinational Orange to enhance the digital landscape in the UAE. This partnership aims to leverage both companies’ strengths to introduce innovative solutions acro…
ACCIONA, a global leader in sustainable infrastructure and renewable energy solutions, has successfully secured a €300 million green loan aimed at bolstering its operations across the Gulf Cooperation Council (GCC) region. This strategic financing…