Tuna Gulenc, Vice President of Japan’s Daikin Middle East Africa, said that the UAE is continuing its global efforts to radically change the course of climate action and pave the way for a sustainable future by hosting COP28.
UAE Payments Revenue Pool Projected to hit $19.8 Billion by 2027, Despite a Global Slowdown in Growth Rates Compared to Previous Years
Amid global challenges such as the pandemic and economic fluctuations, the UAE payments industry has demonstrated resilience. Between 2018 and 2022, the
UAE payments revenue to hit $19.8bn by 2027: report
The UAE payments sector’s overall revenue growth is forecast to increase in the next five years (2023-2027) by a CAGR of 3.6%, pushing the revenue pool to $19.8 billion, according to a report. Amid global challenges such as the pandemic and economic …
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).
Looming Emirates 777X deal to kick-start Dubai Airshow: Report
Emirates is the world’s largest user of wide-body jets, including Airbus A380 superjumbos and current-generation Boeing 777s.
Jewelled daggers and royal gems, India’s regal past revisited at Sharjah museum
A bejewelled dagger glimmering in its glass case, a precious gemstone engraved with the name of an ancient sultan and a detailed north Indian garden carpet celebrating the flora of Kashmir are on …