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BP announces $7bn gas project

The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

Qatar sees record expenditure during Eid holidays

The entertainment sector, which includes restaurants, cinemas, and theme parks, attracts customers at record rates during the festive period, especially...
  • Economists expect that the demand for gifts will double, and the demand for recreation will increase during the 11-day Eid holiday in the Gulf country.
  • Ad campaigns and the doubling of Eidiyah contribute to increasing purchasing power and positively reflect on the performance of the two sectors, they add

UAE launches its second nanosatellite DEWA SAT-2

DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) successfully launched its second nanosatellite, DEWA SAT-2, aboard SpaceX’s Falcon 9...
  • The launch of DEWA SAT-2 underlines the firm's commitment in using space technologies to improve the operations and maintenance of electricity and water networks.
  • The nanosatellite was designed and developed by Emiratis at DEWA’s Research and Development Center, in collaboration with NanoAvionics in Lithuania.

UAE celebrates Sheikh Zayed’s humanitarian vision

Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and the Ruler of Ajman, described Sheikh Zayed as a role...
  • UAE leaders pay tribute to the late Sheikh Zayed on Zayed Humanitarian Work Day, commemorating his legacy of giving, humanitarianism, and vision for tolerance
  • They emphasized the importance of continuing the Founding Father's work and promoting benevolence within the Emirati community and across the world

Collaboration helps strengthen Emirati workforce

“This also opens new horizons for Emiratis to effectively contribute to the UAE's economic development,” adds Farida Al Ali, Assistant...
  • Collaboration with local HR departments, educational institutions, and private sector companies helps connect with local talent, says a UAE official
  • This also opens new horizons for Emiratis to effectively contribute to the UAE's economic development, adds Farida Al Ali of the country's MoHRE

Future looks bright as businesses meet sustainability

"In Sharjah, we are working hard to bring more balance and harmony to our relationship with the land" she adds,...
  • Sustainability and entrepreneurship is crucial in building a resilient and regenerative world, says Sheikha Bodour Al Qasimi, President of American University of Sharjah
  • The awareness and commitment to be mindful of our impact on the planet should extend far beyond COP28, she adds while speaking at the Sharjah Ramadan Majlis 2023

UAE’s health sector witnesses digital transformation

The Gulf country has an influential and effective international presence and continues to fulfil its obligations in enhancing the efficiency...
  • The UAE supports digital transformation, artificial intelligence, and big data in healthcare worldwide, says UAE's Minister of Health and Prevention
  • The country ranked first in the world in 14 health indicators in 2022, adds Abdul Rahman bin Mohammad bin Nasser Al Owais on World Health Day

New deal to transform Dubai into a Global Music City

The MoU aims to strengthen the emirate's creative economy and support entrepreneurs, individuals, and the local music and artistic production...
  • Dubai Culture has forged a strategic alliance with Music Nation Copyrights Management and DGMC Production to propel the emirate's music industry to worldwide recognition
  • The partnership aims to ensure that these business structures bolster the success of local industries while leveraging the expertise of Music Nation and DGMC, says an official

Arab women embrace technology, innovation

Initiatives such as STEM and Women in Tech are crucial in bridging the gender gap and empowering women to drive...
  • Arab countries are fostering a progressive environment for women, enabling them to participate in economic and technological transformations, says an expert
  • Noha Kadry, Regional Program Manager at Red Hat Academy, highlights the significant strides women have made in tech industry, leading firms and inspiring others

Rise in legal awareness leads to fewer labor disputes

An improved awareness of laws among companies and individuals, as well as successful awareness campaigns conducted by ADJD in collaboration...
  • Abu Dhabi sees a 40% drop in labor disputes in 2022 compared to 2021, thanks to increased legal awareness and successful campaigns by the Abu Dhabi Judicial Department
  • The efficient handling of labor disputes in the labor court and the advancement of legal procedures in labor cases have contributed to enhancing economic stability of the UAE

Improving ICT infrastructure and digital skills to bolster tourism in Emerging Asian economies

The pandemic changed tourist preferences, with greater interest in local travel, nature destinations, and wellness tourism. It also heightened awareness...
  • Tourism is beginning to rebound as restrictions implemented in response to the COVID-19 pandemic have been lifted, says an OECD report
  • The post-lockdown reopening of China will serve to counterbalance and provide a necessary economic boost for the region, it predicts

Saudi Arabia set to leap into space tourism by 2026

Madrid-based Halo Space Company has selected Saudi Arabia as its launch site for space tourism, offering tours at $164,000 per...

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Act now as climate crisis has reached critical point

"Renewable energy is key to our planet's future. It's time to phase out fossil fuels and embrace sustainable solutions. The...

COP28 offers a chance to rethink, reboot and refocus

COP28 UAE provides a crucial chance to reevaluate and intensify efforts, as experts urge pragmatic energy transition strategies to meet...

Water stress levels vary in Arab countries

Some countries face more intense competition for water resources, leading to potentially severe environmental impacts. The contrast underscores the diverse...

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It’s official: Saudi Arabia will host World Expo 2030

The Kingdom's selection as the host for World Expo 2030 marks a pivotal moment in its journey towards innovation, openness,...
  • The Kingdom's selection as the host for World Expo 2030 marks a pivotal moment in its journey towards innovation, openness, and global connectivity.
  • This monumental global event in Riyadh will showcase Saudi Arabia's transformation and commitment to a forward-looking and sustainable future.

Key contender Riyadh eyes Expo 2030 win tomorrow

Saudi Arabia -- competing against Busan, Korea, and Rome, Italy -- bids for Expo 2030 with a focus on innovation,...
  • Saudi Arabia -- competing against Busan, Korea, and Rome, Italy -- bids for Expo 2030 with a focus on innovation, sustainability, and global unity.
  • A successful bid could transform Saudi Arabia's tourism and business landscape, marking a significant milestone in its journey towards global prominence.

Gaza truce: Hamas, Israel free second group of civilians

The move, part of a broader truce agreement mediated by Qatar and Egypt, saw emotional reunions as families welcomed their...
  • The move, part of a broader truce agreement mediated by Qatar and Egypt, saw emotional reunions as families welcomed their loved ones back.
  • The situation remains tense, with discussions about extending the truce and the potential resumption of conflict by Israeli forces.