Wasl, one of the largest real estate development and management companies in Dubai, has announced the successful completion of one of the largest on-grid solar projects in the emirate. The project is …
Dubai FinTech Summit set to bring together over 8,000 global leaders to drive the future of finance
The summit is expected to attract over 8,000 industry leaders, testament to Dubai’s growing status as a global economic and financial hubMaktoum bin Mohammed: The summit aligns with the Dubai Economic …
Abu Dhabi University and Queen Rania Teacher Academy partner to foster innovation and educational excellence
Dr. Osama Obeidat, CEO of the Queen Rania Teacher Academy, commented: “We are delighted to expand our collaboration with Abu Dhabi University through this MoU. This collaboration represents our shared …
Abu Dhabi–based TAQA’s Q3 profit slumps 30% amid fall in oil and gas revenue
Abu Dhabi National Energy Company (TAQA) reported a 30% drop in its Q3 2023 net attributable profit to 1.56 billion dirhams ($424.72 million), compared with AED 2.24 billion a year earlier on lower …
Dubai FinTech Summit set to bring together over 8,000 global leaders to drive future of finance
As a rising FinTech hub, Dubai is also spearheading the evolution of the financial services industry, with investments in FinTech projected to grow by 17.2% CAGR to $949bln from 2022 to 2030 …
Abu Dhabi ADNOC Logistics & Services posts 46% higher Q3 net profit
ADNOC Logistics & Services (ADNOC L&S) posted a net profit of $147.7 million in Q3 2023, 46% higher compared with the year-earlier period. The effort was a shade higher than analysts’ mean …
UAE: ‘Dead’ man comes back to life after 45 minutes
A man was brought back to life 45 minutes after he suffered from a cardiac arrest in Khorfakkan Hospital, earlier this week. The patient, who is in his thirties, had come into the hospital complaining of an irregular heartbeat, and suffered a cardiac …
UAE to report CAGR growth of 6.3% over 2022-2027
The UAE will keep attracting domestic and multinational medical device manufacturers supported by a conducive regulatory environment, according to Fitch Solutions’ BMI research. “The UAE’s medical device market will record a mid-single-digit compound annual growth rate(CAGR) over the next five years,
UAE calls on UNESCO member states to join climate efforts at COP28
Salem bin Khalid Al Qassimi, UAE Minister of Culture and Youth, called on member states of the United Nations Educational, Scientific and Cultural Organization (UNESCO), to join the UAE and its “Group of Friends” in their endeavours to lead climate …
UAE’s Tecom reveals biggest 3D-printed stand at Dubai Design Week 2023
The pavilion is crafted from recycled polyethylene terephthalate glycol. UAE’s Tecom reveals biggest 3D-printed stand at Dubai Design Week 2023. . News.
UAE: GSM expands portfolio with new acquisition
Global Schools Management (GSM), which owns over 165 schools, and 45,000 students in the US, Middle East, UK and Africa has announced its acquisition of a majority stake in Crown Private School of Ajman.
Heat is on UAE to deliver at COP28
The United Arab Emirates, the host of COP28, faces challenges in achieving climate goals due to its dependence on oil resources and its inability to reduce emissions. The conference, which returns to Asia after five years,
Dubai Air Show opening as aviation soars following pandemic lockdowns, even as wars cloud horizon
The biennial Dubai Air Show is opening as airlines are poised to make major aircraft purchases after rebounding from the groundings of the coronavirus pandemic, even as Israel’s war withn Hamas clouds regional security.
Dubai Restarts Privatizations After a Year With Planned Taxi IPO
Dubai kickstarted its privatization program after a one-year hiatus with the planned initial public offering of its taxi business, as share sales gather pace in the United Arab Emirates in the final weeks of 2023.
Will it be ‘Dubai, buy, buy’, as UAE’s showpiece event returns?
“Dubai, buy, buy” proclaimed the front-page headline of the second edition of Flight Daily News at the 2013 Dubai air show, with photographs of beaming airline and aircraft manufacturer executives. It followed a remarkable opening day that saw record orders placed for 623 aircraft,
‘New projects in Dubai, consulting, and more…’ here’s what Mark Mobius plans to do next
Mark Mobius, co-founder of Mobius Capital Partners, plans to step back from the investment firm he co-founded five years ago. He plans to focus on entrepreneurship investments and consulting.
Dubai Taxi Company announces upcoming IPO, details revealed
Dubai Taxi Company (DTC) has announced its intention to proceed with an Initial Public Offering (IPO). The firm is now officially recognised as a public joint-stock company named ‘Dubai Taxi Company (PJSC).’ Ordinary shares will be listed on the Dubai Financial Market (DFM).