The United Arab Emirates’ main green energy producer is planning a project to link solar power with battery storage to provide uninterrupted power.
UAE’s MBZ-SAT Set for Space Launch from California
The UAE is all set to make another mark in the space industry as the MBZ-SAT, its next-generation Earth-observation satellite, prepares for liftoff. The launch is scheduled for Tuesday at 22:49 GST, …
Bank Alfalah invests in UAE fintech Jingle Pay for 9.9% stake
UAE-based remittances fintech Jingle Pay has raised funding from Bank Alfalah, a Pakistan-based bank, for a 9.9% stake.
NMDC Energy inaugurates advanced fabrication yard in Saudi Arabia to drive regional growth
Ras Al Khair yard will deepen NMDC Energy’s project portfolio to meet increasing regional energy and manufacturing demand …
NMDC Energy opens $54.5mn advanced fabrication yard in KSA
The 400,000 sqm yard in Ras Al Khair yard will feature the latest technology and provide offshore facilities fabrication as well as onshore modularisation …
Tokinvest receives UAE license for RWA tokenization marketplace
This came weeks after it received preliminary approval for a crypto broker license in Dubai UAE. Scott Thiel, CEO and Co-Founder of Tokinvest, stated, “We are thrilled to receive a full market license …
Eco body plants over 11,000 mangrove seedlings in Sharjah
The Environment and Protected Areas Authority (EPAA) in Sharjah has completed a pioneering mangrove planting programme in AlQurm Protected Area, Khor Kalba, …
ITC (Abu Dhabi Mobility) was awarded the IRF Global Road Achievement Award for its Mobile Traffic Management Centre Project
In support of its ongoing commitment to innovation and sustainability in transport management …
World Future Energy Summit 2025 opens in Abu Dhabi
World Future Energy Summit 2025, hosted by Abu Dhabi Future Energy Company, Masdar, opened today at the ADNEC Centre Abu Dhabi as part of the Abu Dhabi Sustainability Week (ADSW).
Beyond the Bling: Why Dubai wants quieter, ‘better’ Al Marjan Island to stay a secret
Al Marjan Island, a man-made archipelago in Ras Al Khaimah, is offering an antidote to Dubai’s frenetic energy. I was told by a few friends who went there that it is “way quieter, has more culture…
Blackstone-Backed Wealth Manager for India’s Rich Opens in Dubai
The private wealth arm of Blackstone Inc.-backed ASK Asset & Wealth Management Group has opened a Dubai office to cater for the wealthy Indian diaspora and international investors looking to tap the …
Dubai hotel Fairmont The Palm to be sold for $325mln
News of the sale comes months after IFA secured a $163 million refinance for its property on The Palm Jumeriah …
Dubai real estate: Expat demand for hotel, serviced apartments skyrockets amid soaring rent prices
The segment is witnessing the entry of more global and regional players, as developers and hospitality brands perceive a booming business opportunity to cash in on …
Engel & Völkers Middle East named exclusive leasing partner for Wafi City
Engel & Völkers Middle East, a leader in premium residential and commercial real estate services, proudly announces its exclusive partnership with Wafi City, one of Dubai’s most iconic shopping and …
Dubai Mall breaks yet another record
Dubai Mall has smashed yet another visitor record in 2024 as it welcomed more than 111 million visitors through its doors in 2024 …
UAE’s Masdar launches facility to produce 1GW of uninterrupted renewable energy
UAE state-owned renewables firm Masdar has launched a renewable energy facility that will produce 1 gigawatt of uninterrupted clean power, the company’s chairman said on Tuesday.
UAE launches ‘world’s first round the clock’ renewable energy facility
The UAE on Tuesday launched what it called the “world’s first” facility that can provide renewable energy at scale round the clock. Abu Dhabi clean energy company Masdar will combine 5 gigawatts of …