US airports have resumed normal operations after a technical failure in air traffic communications and navigation systems likely triggered by efforts to upgrade an ageing communications network operated by Federal Aviation Administration disrupted flights across the country, said a report.
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Flights resume after more than four-hour shutdown triggered by air traffic control communications failure; thousands of cancellations and delays expected to affect airline operations for days
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Outlook, Teams and other Microsoft 365 services remain affected as the technology giant struggles to restore systems after a disruption spanning 74 countries and territories
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Four oil tankers were hit by explosions in the Strait of Hormuz on Thursday after allegedly entering areas designated as restricted by Iran, the country's military said, highlighting continuing security risks in the strategic waterway despite signs of a possible easing of the conflict with the United States.
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GCC capital markets have witnessed significant development in recent years, driven by governments’ efforts to diversify funding sources and deepen capital markets, said top rating agency Fitch, adding the combined market capitalisation of listed equity markets across the Gulf region stands at around $4 trillion.
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Bahrain’s Electricity and Water Authority (EWA) has relaunched an international tender for the development of Bilaj Al Jazayer Independent Power Project (BAJ Solar IPP), a utility-scale solar photovoltaic facility with a planned capacity of up to 100 MWac. It is set for commercial operations on December 31, 2028.
HUMAIN, a PIF company delivering full-stack artificial intelligence capabilities globally, on Thursday announced the launch of HUMAIN+, introducing a new approach to applied AI education designed to transform AI awareness into practical capability and empower individuals and organizations to build, deploy and apply artificial intelligence to real-world challenges.
The Board of Directors of First Abu Dhabi Bank (FAB) has approved a proposal to raise up to AED15 billion ($4.08 billion) through a strategic rights issue, subject to the required shareholder and regulatory approvals.
Oil prices fell by more than $1 a barrel on Thursday as expectations of diplomatic efforts to end the Iran conflict and the Russia-Ukraine war weighed on markets, although continued uncertainty over shipping through the Strait of Hormuz limited the decline.
Mas Engineering & Construction, a leading EPC contractor based in Saudi Arabia, has secured a major contract to develop the Lemar Commercial Complex, a mixed-use project in Riyadh featuring a 22-storey five-star hotel, 10 office buildings as well as more than 50 retail units.
DP World has moved more than one million twenty-foot equivalent units (TEUs) from UAE east coast ports to Jebel Ali and domestic markets by road and rail between the first week of March and the end of October, while accelerating the targeted phased opening of its two Fujairah terminals to 18–24 months.
Palma Development, one of the UAE’s pioneering real estate developers, has announced the launch of the second phase within its Serenia District community, thus marking a major milestone in its AED5 billion ($1.8 billion) master-planned project, located in Jumeirah Islands.
Saudi Postal and Logistics (SPL) said it has signed a strategic collaboration framework with Jingdong Industrials, an industrial supply chain technology provider, to jointly develop a B2B digital procurement platform aimed at strengthening industrial supply chains across the kingdom.
Moon World Resorts has appointed Lerch Bates as vertical and horizontal transportation + multidisciplinary engineers across all MOON Smart City masterplans. In this role, it will shape how guests arrive, ascend, descend, circulate and depart, and how multiple buildings within the built environment perform.
A consortium of Türkiye’s Limak İnşaat Sanayi ve Ticaret and Qatar’s Hamad Bin Khalid Contracting Company (HBK Cont...
World oil demand is forecast to fall by 2.7 mb/d in 2026, to 102.3 mb/d, before rebounding by 2 mb/d in 2027, as it...
US airports have resumed normal operations after a technical failure in air traffic communications and navigation s...
Agility Global, a multi-business owner with interests in key sectors such as logistics and transportation, has anno...
UAE-based DAMAC Group aims to increase the planned capacity of its global data-centre portfolio to 10GW by the end ...
The growing relationship between artificial intelligence and energy is reshaping the UAE's investment landscape, as...
Moon World Resorts has appointed Myrtha Pools, the Italian-based global leader in swimming pool engineering and mod...
The Abu Dhabi Chamber of Commerce and Industry (ADCCI), represented by its Al Dhafra branch, has highlighted a rang...
Yango Group, a UAE-based global technology company, has launched an educational initiative to help schoolchildren a...
Amazon UAE has become the first e-commerce retailer integrated onto the Ministry's Essential Goods Prices Platform...
Saudi Arabia’s economy is likely to rebound to 5.1% growth in 2027 and accelerate to 6% in 2028, supported by a gra...
Dubai South, the largest single-urban master development focused on aviation and logistics, has broken ground on Fo...
WSP, one of the world's leading engineering, science and infrastructure solutions firms, has won Project of the Yea...
The UAE has declared a three-day holiday for federal government employees for the 55th Eid Al Etihad celebrations.
