Search Site

Trends banner

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Qatar Airways annual profit $2bn

This was a record 28% jump in annual net profit.

Masdar issues $1bn bond

Its green bond program hits $2.75 billion.

UAE launches ‘Tax Support’ program to promote compliance with laws

Dubai, UAE - UAE's Federal Tax Authority (FTA) started the ‘Tax Support’ initiative to raise tax awareness among UAE’s business...
  • The step is likely to help the businesses in enhancing compliance with tax laws and regulations.
  • As a result, the first workshop for 2023 under the initiative was held on 24th and 25th January in Oud Metha, Dubai.

DEWA’s virtual employee ‘Rammas’ responds to over 6.8mn enquiries since 2017

DUBAI, UAE - Dubai Electricity and Water Authority’s ( ) virtual employee ‘Rammas’, which uses Artificial Intelligence (AI), answered over...
  • DEWA CEO said the firm launched Rammas as part of its strategy to employ AI in all its operations and services.
  • Rammas encourages the use of smart channels, reduces the number of visits to DEWA’s Customer Happiness Centers.

MoU signed to establish Arab Digital Foodstuff Market

Abu Dhabi, UAE - As part of the pan-Arab efforts to implement the joint Arab digital economy vision, launched by...
  • Ahmed Abu Al Gheit, Secretary General of the League of Arab States; and Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade were present during the signing.
  • Members of the Executive Office of the Specialised Arab Federations Forum (SAFF) were also present during the meeting.

DEWA, SAP senior management discuss cooperation in Dubai

DUBAI, UAE - Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), received Christian Klein,...
  • DEWA MD and CEO highlighted the firm's projects and programs to anticipate and shape the future in line with the UAE Centennial 2071.
  • He emphasized on the importance of exchanging global best practices and experiences between the two sides.

DEWA launches plan for fast approval of electricity connections  

DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) launched the 'OWNEK' awareness initiative to help its accredited contractors and...
  • The OWNEK initiative will save the contractors and consultants time and effort and speed up the workflow.
  • The initiative includes a series of awareness sessions and detailed videos in Arabic and English.

Iraq finalizes fresh air deals with Gulf countries

BAGHDAD, IRAQ - The Civil Aviation Authority announced the work to conclude new air agreements with the Gulf states. A spokesman...
  • A spokesman for the Civil Aviation Authority said We have agreements with all Gulf countries and all Gulf national carriers that land in Iraqi airports
  • He added that in the future, there may be air agreements with Kuwait as well.

15 top panels to discuss defense advancements in IDEX, NAVDEX 2023

ABU DHABI, UAE - IDEX and NAVDEX 2023 exhibitions, to be held from February 20-23 in Abu Dhabi, will host...
  • The panels will feature prominent leaders and decision makers from around the world
  • The panels are an ideal platform for facilitating discussions about relevant focus areas in the defense and naval defense sectors

UAE, Korea discuss partnership in renewable energy, technology

The two sides discussed various paths of cooperation and development in the investment, economic, scientific, cultural and advanced technology fields.
  • The two sides discussed various paths of cooperation and development in the investment, economic, scientific, cultural and advanced technology fields.
  • Both the countries also reviewed partnership in renewable energy and other vital areas of interest within their two countries' future plans.

Global conference on Pharmaceutical Technologies concludes in Dubai

DUBAI, UAE - The 28th edition of the Dubai International Pharmaceutical Technologies Conference and Exhibition (DUPHAT) 2023 concluded. The three-day event,...
  • The largest-ever edition of DUPHAT, the 2023 event brought together more than 1,100 exhibiting companies.
  • The event also discussed on how countries in the region can collaborate to enhance partnerships in the pharmaceutical industry.

DEWA organized 157 health, safety training sessions for employees in 2022

DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) has organized 157 training courses and awareness sessions on occupational health...
  • DEWA organized its 20th Internal Health and Safety Week which featured various activities in aspects of occupational health and safety.
  • DEWA continues to upgrade the expertise of its staff to reach the highest levels of excellence and quality through ongoing training.

China’s robot makers chase Tesla to deliver humanoid workers

Beijing, China - China dominates the market for electric vehicles. Now it's chasing in the race to build battery-powered humanoids...

Latest News

Israel is starving Gaza residents, says NGO

RAMALLAH, PALESTINIAN TERRITORIES - Everyone in Gaza is going hungry and about 2.2 million people are surviving day by day...

Saudi Arabia, Belarus ink MoU to boost trade, investment

RIYADH, SAUDI ARABIA - The Federation of Saudi Chambers and the National Center for Marketing and Price Study at the...

Baims acquires Orcas Edtech

The firm plans to incorporate one-to-one tutoring services.

Most Read

Resilient supply chains are essential to global trade: Expert

DUBAI, UAE – For over 30 years, globalization has been the evergreen megatrend as global trade has helped lift some...
  • The COVID-19 pandemic highlighted the critical role of resilient supply chains in sustaining economies worldwide to the forefront.
  • Wars, armed conflicts, overall increasing geopolitical tensions, and protectionism create serious headwinds for global trade.

Utilizing AI is only possible if skill gap is bridged, says expert

DUBAI, UAE - The Artificial Intelligence (AI) revolution is upon us, with AI becoming a pervasive force in our daily...
  • As the rate of AI adoption increases, humans are essential to guiding the technology’s implementation and usage of these technologies.
  • Executives estimate that up to 40 percent of their workforce may need to reskill as a result of implementing AI or automation over the next three years.

Ahli Islamic signs agreement with AAOIFI to support Islamic banking

MUSCAT, OMAN - As part of its ongoing efforts to support the Islamic banking industry, ahli Islamic signed a Memorandum...
  • The aim is to collaborate in capacity building within ahli Islamic and foster the growth of the Islamic finance sector in Oman.
  • The signing ceremony occurred concurrently with the AAOIFI-IsDB 18th Annual Islamic Banking and Finance Conference.