INSEAD Day 4 - 728x90

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

‘Partnerships with technology leaders help in Dubai’s digital transformation’

DUBAI, UAE - First Deputy Ruler of Dubai and Deputy Prime Minister and Minister of Finance of the UAE Sheikh...
  • Successful partnerships with leading industry players are a key enabler of Dubai’s digital transformation journey.
  • The initiative seeks to advance Dubai’s strategic objective of becoming one of the world’s top urban economies.

UAE Ministry of Interior, Etihad Rail ink MoU to enhance cooperation

ABU DHABI, UAE - The UAE Ministry of Interior (MOI) and Etihad Rail Company, the developer and operator of the...
  • The agreement builds upon the already strong relationship between the Ministry of Interior and Etihad Rail.
  • The two parties will for enhancing readiness to confront security risks and threats, improving security and safety measures.

French firm ENGIE’s investments in UAE projects nearly $12 billion

Development and operation of the Mirfa 2 Reverse Osmosis Independent Water Project, and the running of six power and water...
  • ENGIE investments in the UAE are spread across multiple strategic and key projects, said Frédéric Claux, Managing Director Flexible Generation and Retail, Africa Middle East Asia.
  • These include the development of the Al Ajban Solar PV, water desalination projects, battery storage and green hydrogen production.

ADNOC, TAQA award $2.4bn project for sustainable water supply

Dubai, UAE -- ADNOC and Abu Dhabi National Energy Company (TAQA) Wednesday announced the award of a strategic investment project...
  • A centralized seawater treatment facility and transportation network for operations at the Bab and Bu Hasa fields in Abu Dhabi are a part of the project.
  • It will replace the current high-salinity, deep aquifer water systems at the fields, reducing water injection-related energy consumption by up to 30 percent.

Sharjah event discusses anti-money laundering practices

SHARJAH, UAE - Sharjah Economic Development Department (SEDD) organized multiple workshops for legal purposes and a number of investors and...
  • In the workshops , the legislative frameworks for real beneficiary and combating money laundering were reviewed.
  • The purpose of the event is to form an ideal investment climate which supports business continuity, said an official.

UAE Investors Council, EECB sign MoU to boost partnerships

Cairo, Egypt - The UAE International Investors Council (UAEIIC) and Egyptian-Emirati Business Council (EEBC) will work together to enhance the...
  • The two councils would work together to score investment opportunities in multiple areas including technology.
  • Both the parties are likely to seek partnerships between the business communities and companies of private sector.

Soaring success: First Saudi astronauts reach space

A SpaceX capsule carrying two Saudi astronauts docked with the International Space Station on Monday, as part of a private...
  • Rayyanah Barnawi, a breast cancer researcher, becomes first Saudi woman in space, joined by Ali Al-Qarni, a Saudi fighter pilot as Axiom Mission 2 begins
  • The space team -- which includes former NASA astronaut Peggy Whitson and businessman John Shoffner -- will carry out 20 experiments on the ISS

Dubai Customs seizes over 200 samples of endangered animal, plant species since 2020

DUBAI, UAE - Dubai Customs (DC) successfully seized, over the past three years, nearly 330 tons and over 200 samples...
  • Dubai Customs plays a vital role in combating attempts to smuggle prohibited materials.
  • It conducts public awareness campaigns on protecting endangered animals and plants.

Sharjah Chamber to send India bound trade group on 29 May

SHARJAH, UAE - The Sharjah Chamber of Commerce and Industry (SCCI) announced it will be sending a trade mission to...
  • The initiative aims to bolster economic and trade cooperation, foster mutual investment, and establish promising partnerships between Sharjah and India.
  • The upcoming trade mission is expected to support the chamber's strategic goals of driving foreign expansion and exploring new markets.

Abu Dhabi  launches program for sustainable beekeeping, honey production

ABU DHABI, UAE -  The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) has launched an ambitious program to develop...
  • The program is based on scientific studies and research to develop the best methods and practices suitable for the UAE environment.
  • A vital aspect of the program is the breeding of queen bees capable of adapting to the country's unique environment and climate.

Forbes lists Emirates Auction CEO among top CMOs

Dubai, UAE -- Omar Matar Al Mannaei, chief executive officer and chief marketing officer of Emirates Auction, has been named...

Company News

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EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

NYU Abu Dhabi team develops wireless pill to control gut neurons

Abu Dhabi, UAE -- Researchers at NYU Abu Dhabi (NYUAD) have developed an ingestible device that uses light to activate...

Over 12,000 Wi-Fi breaches recorded in UAE since start of year

Abu Dhabi, UAE --  The UAE Cyber Security Council (CSC) has warned of the serious risks posed by using open...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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Big-ticket events boost international tourism and economic growth

Dubai, UAE --  ‘Big-ticket’ events are playing a pivotal role in driving international tourism and accelerating economic growth, according to...
  • In the GCC alone, the event and exhibition market is expected to reach US$827 million by 2029.
  • Global business travel reached a record US$1.4 trillion in 2024 and is projected to rise to US$2 trillion by 2030.

Dubai International Chamber attracts 31 MNCs to Dubai in H1

Dubai, UAE -- Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has announced...
  • It attracted 143 companies to Dubai during H1 2025, representing a 138 percent increase compared to the 60 companies attracted in H1 2024.
  • A total of 112 small and medium-sized enterprises (SMEs) were attracted during H1 2025.

ADNOC Gas signs LNG deal

Will supply 0.5mmtpa of LNG to India's HPCL.
  • The LNG will be supplied from ADNOC Gas’ Das Island liquefaction facility, which has a production capacity of 6 mmtpa.
  • As the world's third longest-operating LNG plant, Das Island has shipped over 3,500 LNG cargoes worldwide since starting operations.