299 stories
Dubai’s RTA launches a six-month taxi-sharing service between Dubai and Abu Dhabi, offering cost-effective, environmentally friendly travel options with up to 75% savings. The service could expand based on public demand and success.
UAE grocery titan LuLu Retail has increased its IPO size to 30% amid strong investor demand, attracting significant investments from entities like Masarrah Investment Company.
Enersol’s $223M acquisition of Deep Well Services aims to transform UAE energy, leveraging advanced technologies for high-pressure well completions and strategic automation.
UAE and Qatar leaders discuss strengthening ties and regional stability amid Middle East tensions, emphasising a lasting two-state peace solution.
UAE introduces e-Invoicing laws, revolutionising tax collection through a 5-corner model and aligning with global digital standards. Phased implementation by July 2026 will aim to ensure compliance and efficiency.
Dubai’s Flag Garden honours UAE Founding Fathers with 11,600 flags forming portraits, celebrating national pride until January. Organised by Brand Dubai, it showcases unity and heritage.
Monroe Capital eyes Saudi expansion, exploring strategic partnerships in a region ripe for private credit growth. With high demand and regulatory shifts, the firm aims to tap into MENA’s evolving financial landscape.
Dubai's TECOM Group has reported a 23% rise in net profit, driven by record revenues of $462mn for FY2024 and high demand.
Saudi Telecom's net profit has dipped but has also outperformed expectations, while revenue grew and annual dividends surged, reflecting strategic investor confidence.
Qatar Central Bank’s issuance of treasury bills valued at QR2.7 billion highlights a strategic approach to liquidity management, attracting massive investor interest and underscoring economic resilience in volatile markets.
Abu Dhabi’s tech boom is transforming the city into a global software career hotspot, blending strategic government investments with high salaries and advanced infrastructure.
The Make it in the Emirates Forum returns, showcasing a vibrant mix of cultural heritage and cutting-edge industrial opportunities; with partnerships between MoIAT and ADNEC, the forum sets the stage for transformative investments in smart manufacturing and sustainability.
Alpha Dhabi reports a record-breaking 83% profit surge in Q3 2024, driven by industrial and real estate investments; strategic acquisitions since 2022 fuel ongoing growth.
Pakistani prime minister Shehbaz Sharif has courted Qatar’s investment giants, unveiling energy and infrastructure opportunities while securing pledges that could transform Pakistan’s economy.
UAE citizens can now enjoy expedited entry into the US under the Global Entry program, reflecting growing UAE-US cooperation in efficient travel measures. This milestone simplifies customs for Emiratis, streamlining their experience at US airports.
Dubai's new Salik toll gates at Business Bay Crossing and Al Safa South aim to reduce traffic congestion, promoting efficient road use and encouraging a shift towards public transportation.
The MICHELIN Guide Abu Dhabi’s third edition highlights an evolving culinary scene, featuring five new restaurants and celebrating talent with special awards; Abu Dhabi’s gastronomic reputation continues to thrive, showcasing a mix of tradition and innovation.
Inaugurated by Shehbaz Sharif and Sheikha Al Mayassa, the MANZAR exhibition in Doha celebrates Pakistan’s rich art and architectural heritage, exploring the deep-rooted cultural connection between Qatar and Pakistan.
Dubai partners with Google on its largest regional AI initiative, set to empower 500,000 individuals with essential AI skills; Ruth Porat underscores Google's mission to drive MENA’s digital transformation.
Explore Dubai’s affordable attractions from Dhs1 abra rides to street food, souks, parks, and vibrant art districts, all for 10 dirhams or less. Discover Dubai’s charm on a budget.
Active Abu Dhabi’s Walk 1000 invites the public on a journey through deserts and cultural landmarks, blending fitness with heritage.
Dubai’s UAE Flag Day and National Day celebrations bring concerts, fireworks, and cultural events to the city, honouring the country’s history with a vibrant line-up across iconic sites starting from November 2.
UAE extends visa amnesty to December, giving overstayers a final chance to avoid fines before stricter enforcement returns.
Discover Dubai on a budget: ride an abra, enjoy street food, explore historical neighbourhoods, and see flamingos—all for 10 dirhams.
Saudi Arabia’s Public Investment Fund has signed MoUs with the Future Investment Initiative and global financial firms State Street, Brookfield, and Mizuho in order to collaborate on elevating the Kingdom's wealth fund asset management portfolio.
The UAE's much-coveted visa amnesty period ends effective today, with strict enforcement and reinstated fines starting November 1. Overstayers must resolve their residency status or face potential bans and penalties in the country.
Shehbaz Sharif’s official visit to Doha aims to drive new Pakistan-Qatar alliances, focusing on trade boosts, cultural diplomacy, and developing a peace strategy in Gaza.
Dubai has set a record budget with expenditures of 272 billion dirhams and 302 billion in revenue, marking a first-time surplus of 21%. Nearly half of the budget has been allocated to infrastructure projects in critical development areas.
Saudi Arabia’s PIF partners with Brookfield on a $2 billion fund, sparking fresh investments and innovation across the kingdom, with Brookfield expanding its Riyadh footprint to boost local growth.
Dubai aims to eliminate most cash transactions by 2026, enhancing economic growth through a digitally empowered, cashless future.
Saudi oil giant Aramco has launched its first branded petrol station in Pakistan's Lahore, delivering premium fuel and services to Pakistan, and sparking a fresh chapter in the country’s fuel industry, boosting Saudi investment ties.
Experience Dubai’s biggest commuting rewards with nol+ points, gold, and cash prizes up for grabs on Public Transport Day.
The Islamic Development Bank’s €500 million sukuk, priced at mid-swaps +50 bps, finds strong demand and listings on Euronext Dublin and Nasdaq Dubai, advancing its Trust Certificate Issuance Programme.
Dubai's Halloween 2024 festivities blend family-friendly events with thrilling parties, from themed brunches and ghostly parks to rooftop bashes and Halloween runs, making the city a Halloween hub.
UAE schools extend Diwali holidays, offering cultural activities and colourful celebrations, while remaining mindful of regional sensitivities.
Abu Dhabi’s CYVN Holdings plans to take over McLaren’s automotive division, bringing fresh capital and expertise to expand McLaren’s electric vehicle technology. This move by CYVN could redefine the luxury carmaker’s future in EVs.
Flag Day in the UAE will be marked on November 3—a nationwide celebration of unity and pride as residents honour the colours that symbolise strength, growth, and peace, showcasing the UAE’s enduring legacy on Kite Beach.
The UAE may look to revive a $23bn F-35 and drone deal with US if Donald Trump wins the 2024 U.S. Presidential race, as negotations with Biden continue to stall. Strategic Gulf relations are already beginning to shift amidst wider security ambitions.
Saudi Arabia’s PIF refocuses its strategy, pivoting from global assets to domestically driven projects in line with Vision 2030. The fund’s recalibration aligns with the kingdom’s economic diversification goals amid global fiscal shifts.
Pakistani prime minister Shehbaz Sharif is currently on the move in Saudi Arabia, strengthening Pakistan-Saudi ties with Crown Prince Mohammad bin Salman during Riyadh’s Future Investment Initiative.
