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ADQ partners with EQTY Lab to accelerate AI adoptionADQ, an Abu Dhabi-based investment and holding company, has partnered with EQTY Lab, an AI solutions provider headquartered in Switzerland, to accelerate the responsible adoption of AI technologies throughout its portfolio. This partnership aligns with A More… |
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Emirates REIT sells prime Dubai office complex for $196mEquitativa, the largest real estate investment trust manager in the GCC, has announced that one of its units - Emirates REIT - has entered into a deal with Tecom Investment for the sale of Office Park, a Grade A commercial asset in Dubai Internet City. Office More… |
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NEOM unveils exquisite designs of Sindalah Yacht ClubNEOM, the developer of the Saudi futuristic city, has unveiled exquisite interior designs for its Sindalah Yacht Club, offering a glimpse into the jewel of the island’s marina. This comes as Sindalah, the first island destination in NEOM, prepares More… |
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Space42 debuts on ADX following merger of Bayanat and YahsatSpace42 made its trading debut on the Abu Dhabi Securities Exchange (ADX) following the successful merger of Bayanat, a leading AI-powered geospatial solutions provider, and Al Yah Satellite Communications Company (Yahsat). Space42 is the UAE’s new AI-powered SpaceTech company with a gl More… |
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Saudi eyes $316bn revenue for FY2025 amid fiscal reformsSaudi Arabia Ministry of Finance has released its pre-budget statement for fiscal year 2025, projecting total revenues to reach approximately SR1.18 trillion ($315.73 billion), marking a 4% decline from previous forecasts. Preliminary estimates for More… |
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Saudi Reinsurance Company names new CEOSaudi Reinsurance Company (Saudi Re), a leading reinsurance company in the Middle East region with operations spanning across more than 40 markets, has announced the appointment of Ahmed Al Jabr as its new Chief Executive Officer. With over 25 years of diverse More… |
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Ewec invites bids for 1.5GW Abu Dhabi solar projectEmirates Water and Electricity Company (Ewec) today (October 1) invited expressions of interest from developer/developer consortiums for a new solar photovoltaic Independent Power Project (IPP) to be located in the Al Dhafra Region, in the Al Zarraf area in Abu Dhabi. More… |
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Standard Chartered unveils new lifestyle Visa credit cardsStandard Chartered has announced the launch of its new Journey and Rewards Visa Credit Cards focused on lifestyle and travel. These cards offer a suite of benefits that simplify travel and transform everyday spending into extraordinary experiences. More… |
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EDB and ADIB partner to boost SME financing in the UAEEmirates Development Bank (EDB), the key financial engine of the UAE, and Abu Dhabi Islamic Bank have signed a partnership to support small and medium enterprises (SMEs) in the UAE through a joint finance guarantee scheme. This collaboration aims to enha More… |
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Mastercard, APS to enable MEA digital payment acceptanceMastercard and Amazon Payment Services (APS) have signed a multi-year commercial partnership agreement to digitise payment acceptance in Middle East and Africa (MEA). The coverage will be across countries including Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, South Africa and UAE. More… |
