Demand for utility-scale energy storage is growing rapidly across the globe as more renewables integrate into the energy mix. As a result, Enercap and its joint venture partner Apex Investments expect …
UAE’s Majid Al Futtaim posts 2024 results, reports Dhs33.9bn in revenue
Majid Al Futtaim’s properties’ division delivered a 25 per cent net revenue increase, driven by strong performance across malls and its residential real estate portfolio …
Frankie Dettori to return to global racing stage for first time since filing for bankruptcy
The world famous jockey, who revealed this month he was declaring bankruptcy after trying to resolve his tax affairs in Britain, has mounts at the £23.5m Dubai World Cup meeting …
Tawazun Council awards $354mln contract to build naval vessels
ABU DHABI – Al Seer Marine and Damen International, an Abu Dhabi company, part of the Damen family, announced that their Joint Venture has secured a significant AED1.3 billion contract with Tawazun …
After the gold rush: Asian, Mid-East sellers flood jewellery market
As gold prices jump to successive highs, jewellers across Asia and the Middle East are grappling with displays losing their sparkle as customers race to cash in their old jewellery and coins.
Venture Capital and startups in the UAE’s thriving economy
Junaid Iqbal, a long-time resident of Dubai, has played an active role in shaping the professional and economic landscape of the region. With extensive experience in venture capital, he is currently …
Dubai-headquartered chocolate retail concept on the way
Dubai’s Chocolate Bar plans to expand to Orlando, bringing its edible chocolate art to Florida after opening its first U.S. location in Jacksonville.
Unique World Group charts a new chapter in its 27-year journey that will see the creation of a new hub in Dubai
Dubai, UAE: Unique World Group, a Dubai-based diversified business conglomerate with interests in Business Centre, Education and Real Estate sectors, is embarking on a new project that will create a …
Dubai-Based DWF Labs Launches $250M Liquid Fund to Boost Web3 Projects
DWF Labs has announced the launch of a $250 million Liquid Fund aimed at accelerating the growth of mid- and large-cap blockchain projects.
There’s an Eid Al Fitr festival coming to Abu Dhabi
Eid in Abu Dhabi is always a spectacle, but this year, it’s about to level up. Ghaitah Al Ain 2025 is set to take over ADNEC Centre Al Ain for five days of culture, chaos (the fun kind) and …
New initiatives unveiled at 6th Al Multaqa meeting to empower Abu Dhabi’s private sector
In a series of discussions, key Abu Dhabi stakeholders highlighted the importance of supporting entrepreneurship and bolstering public-private partnerships to ensure sustainable economic growth …
Louvre Abu Dhabi extends the submission deadline for Made with Louvre Abu Dhabi
Calling all UAE-based licensed SMEs to ignite their creativity and develop an exclusive collection that draws inspiration from Louvre Abu Dhabi’s iconic architecture …
Abu Dhabi: ADDED unveils new initiatives for private sector
At the 6th Al Multaqa meet, key Abu Dhabi stakeholders highlighted the importance of supporting entrepreneurship and bolstering public-private partnerships to ensure sustainable economic growth …
UAE fuel price for April 2025: Will we see a drop?
The new UAE fuel price will be announced on Monday March 31 and come into effect the following day on Tuesday April 1.
How Gen AI Is Reshaping The UAE’s Financial Landscape
The UAE has long recognized the transformative potential of artificial intelligence (AI). Indeed, its National Artificial Intelligence Strategy 2031 outlines ambitious goals to leverage AI for …
Recounting the years: Saadat Hussein’s journey in the UAE since 1979
Saadat Hussein moved to Dubai in 1979, and since then, the city has been his home. He began his career as a marketing executive at Al-Futtaim Motors – Toyota before transitioning to banking, joining …
Mideast Stocks: Banks and industrial stocks drag Dubai lower, Abu Dhabi flat
Dubai’s main index declined 0.6%, hitting a near-three-month low, dragged lower by a 4% drop in Dubai Islamic Bank …