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SIB’s 2024 profit $272m

The profit surpassed AED 1 billion for the first time in bank's history.

AD Ports to invest in Kazakh port

Under the deal, AD Ports Group owns 51% stake.

PIF acquires stake in Saudi Re

The acquisition was made by way of a capital increase.

ADNOC Gas awards contracts

The $2.1bn contracts are aimed at enhancing LNG supply infrastructure.

ADNOC L&S buys stake in Navig8

The company will acquire the remaining stake in mid-2027.

Israel, Hamas ceasefire begins Sunday, includes hostage deal, phased Israeli withdrawal, more aid for Gaza

The deal, brokered by the U.S., Egypt, and Qatar, includes Hamas releasing 33 hostages and Israel freeing hundreds of Palestinian...
  • The deal includes release of 33 Israeli hostages, including women, children, and the elderly, and, in return, Israel will release hundreds of Palestinian captives
  • The deal also allows for a dramatic increase in humanitarian aid to Gaza, with over 500 trucks of food, water, and medical supplies expected to enter the region daily

Masdar targets 100 GW of clean energy by 2030

Abu Dhabi, UAE - Fatima Al Suwaidi, Head of Development & Investment (APAC) at Masdar, has affirmed the company's ambitious...
  • Masdar has successfully implemented 31 GW of clean energy projects across 40+ countries, expanding its global footprint
  • In 2024, Masdar doubled its clean energy production capacity, underscoring its leadership in the sector

UAE’s satellite, developed by Emirati engineers, launched from California to aid disaster relief and earth observation

With cutting-edge features like high-resolution imaging and electric jet propulsion, MBZ-SAT will enhance environmental surveillance, disaster management, and infrastructure monitoring,...
  • Named in honour of the President Sheikh Mohamed bin Zayed Al Nahyan, the satellite was announced in 2020 by Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum
  • MBZ-SAT marks a significant milestone in the UAE's satellite development journey, having been developed entirely by Emirati engineers at MBRSC

Creators HQ, X announce strategic partnership to produce authentic, meaningful content

Dubai, UAE - Creators HQ in the UAE, the world’s first international hub for the content economy’s creators and entrepreneurs,...
  • The collaboration aims to create purposeful, credible and quality global content that reinforces the UAE’s status as a leading hub for the creative economy
  • This initiative coincides with the 1 Billion Followers Summit, the world’s largest summit dedicated to the content creator economy,

Latifa bint Mohammed awards UK’s Simon Squibb with ‘One Billion Award’ at 1 Billion Followers Summit

Dubai, UAE - Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority, presented the...
  • The award ceremony was held during the third edition of the 1 Billion Followers Summit, the world’s largest gathering dedicated to the content creator economy
  • Valued at US$1 million, the award stands as the world’s largest and most significant recognition for impactful content creators

1 Billion Followers Summit: AI’s transformative role in content creation highlighted by YouTube, Meta, Duolingo

Dubai, UAE - The 1 Billion Followers Summit, the world’s largest event dedicated to the content creator economy, brought together...
  • YouTube's Regional Director for the Middle East, Africa, and Turkey, shared insights on the pivotal role of ultra-short videos in reshaping digital content
  • Fares Akkad, Regional Director for the Middle East and North Africa at Meta, revealed the company’s vision for AI and emerging technologies in content creation

Content creation key to awareness, culture, human development: Dubai ruler

Dubai, UAE -- Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, attended part of...
  • The three day 1 Billion Followers Summit is being held in the UAE at Emirates Towers, the Dubai International Financial Centre, and the Museum of the Future in Dubai,
  • For the first time globally, leading platforms including Snapchat, X, YouTube, TikTok, LinkedIn, and Meta (Facebook, Instagram, WhatsApp) have come together in one place

UAE’s tech industry set to achieve record growth in 2025

Abu Dhabi, UAE - The UAE’s technology industry is set to achieve record growth in 2025, driven by significant expansion...
  • The UAE has strengthened its position on the global map as an innovation-driven destination for the expansion of both global and emerging tech companies
  • International reports predict that the tech sector will continue to grow in areas such as artificial intelligence (AI), cloud computing, and emerging technologies like blockchain

Over 300 keynotes, panels, main sessions at 1 Billion Followers Summit’s third edition

Dubai, UAE - The third edition of the 1 Billion Followers Summit, the world’s first and largest event dedicated to...
  • The Summit, organized by the UAE Government Media Office, will be hosted in the UAE from 11th to 13th January 2025
  • Participants will discuss strategies for expanding the creative industry and enhancing its contribution to development plans, both regionally and globally

Syria, Iran, Saudi Arabia, and Palestine test Washington’s strategy under Trump leadership

The Trump administration faces a Middle East shaped by shifting alliances, unresolved conflicts, and evolving regional priorities, demanding a measured...
  • Iran’s diminished influence in the region presents a potential opening for U.S. diplomacy, but Gause warns against the pitfalls of an aggressive regime-change agenda
  • Saudi Arabia’s regional strategy has undergone a significant transformation under Crown Prince Mohammed bin Salman, driven by the economic ambitions of Vision 2030

Trump’s second term begins: Highlights Middle East hostage return, promises diplomacy over conflict among top priorities

Trump vowed to be a “peacemaker and unifier,” citing the Israel-Hamas ceasefire and hostage release as key steps toward peace,...

Latest News

2 crew members killed as Saudi fighter jet crashes

An investigation into the cause of the recent accident has been initiated, with Maliki informing the Saudi Press Agency (SPA)...

FBI completes Rainbow Bridge car explosion, says it was traffic accident

According to witnesses, the car was running at a speed of more than 160 km/h. As a result, the car...

UAE to build 3 desalination plants to supply Gaza with water

Abu Dhabi, UAE - The UAE is building three desalination plants in Rafah to supply Gaza with water as part...

Kuwait City is the Middle East’s most polluted, Baghdad is next

Dubai, UAE - As New Delhi once again topped the list of the world’s most polluted cities, across the Middle...

Saudi national stopped at Delhi hotel lobby while trying to meet UAE President

New Delhi, India - A Saudi Arabian national attempted to gain access to a five-star hotel in Delhi where UAE...

UAE’s satellite, developed by Emirati engineers, launched from California to aid disaster relief and earth observation

With cutting-edge features like high-resolution imaging and electric jet propulsion, MBZ-SAT will enhance environmental surveillance, disaster management, and infrastructure monitoring,...

Creators HQ, X announce strategic partnership to produce authentic, meaningful content

Dubai, UAE - Creators HQ in the UAE, the world’s first international hub for the content economy’s creators and entrepreneurs,...

Latifa bint Mohammed awards UK’s Simon Squibb with ‘One Billion Award’ at 1 Billion Followers Summit

Dubai, UAE - Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority, presented the...

Most Read

Content creation key to awareness, culture, human development: Dubai ruler

Dubai, UAE -- Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, attended part of...
  • The three day 1 Billion Followers Summit is being held in the UAE at Emirates Towers, the Dubai International Financial Centre, and the Museum of the Future in Dubai,
  • For the first time globally, leading platforms including Snapchat, X, YouTube, TikTok, LinkedIn, and Meta (Facebook, Instagram, WhatsApp) have come together in one place

UAE’s tech industry set to achieve record growth in 2025

Abu Dhabi, UAE - The UAE’s technology industry is set to achieve record growth in 2025, driven by significant expansion...
  • The UAE has strengthened its position on the global map as an innovation-driven destination for the expansion of both global and emerging tech companies
  • International reports predict that the tech sector will continue to grow in areas such as artificial intelligence (AI), cloud computing, and emerging technologies like blockchain

Over 300 keynotes, panels, main sessions at 1 Billion Followers Summit’s third edition

Dubai, UAE - The third edition of the 1 Billion Followers Summit, the world’s first and largest event dedicated to...
  • The Summit, organized by the UAE Government Media Office, will be hosted in the UAE from 11th to 13th January 2025
  • Participants will discuss strategies for expanding the creative industry and enhancing its contribution to development plans, both regionally and globally