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ADQ, Orion to establish JV

The partners commit to deploying $1.2bn in the next four years.

Alpha Dhabi acquires interest in NCTH

The deal increases NCTH's portfolio to 8 hotels with 1,500 keys.

Meraas awards construction contract

The $272m contract has been awarded for Bluewaters Bay.

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.

  • UAE deputy PM attends ‘Arab Gulf Security 3’ exercise in KSA

    Deputy Prime Minister and Minister of the Interior of the UAE Lt. General Sheikh Saif bin Zayed Al Nahyan attended...

    Participants in the exercise implemented security scenarios in detail, which has proven the success of this joint GCC mobilization

    Increasing the level of coordination, readiness, and preparedness among security forces were also discussed in the exercise

  • Dubai Academic Health Corporation embarks on four-pronged future plan

    The Dubai Academic Health Corporation has agreed on four bases as a part of its strategic plans and future goals....

    The four bases of the strategy are Care, Learning, Discovery, and Giving and Stewardship.

    The strategy was discussed at the fourth Board of Directors meeting of the Dubai Academic Health Corporation.

  • UAE and Australia discuss ways to strengthen bilateral relations

    The deliberations were held during a meeting between Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International...

    Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met with David Hurley, the Governor-General of Australia, at Expo 2020 Dubai.

    The two sides reviewed Australia's participation in Expo 2020 Dubai and the role played by this international event.

  • Eight biggest GCC sovereign wealth funds

    Sovereign wealth funds across the world invest trillions of dollars into real estate, bonds and other assets. TRENDS takes a...

    More than $1.3 trillion of funds are managed by some of the biggest sovereign wealth funds in the GCC.

    These funds invest in global real estate, financial assets, bonds and private equities.

  • Jazeera airways to buy 28 Airbus aircraft for $3.4bn

    Jazeera Airways of Kuwait has placed an order for 28 Airbus aircraft worth $3.4 billion, according to media reports.

    The airline also signed another agreement to purchase two aircraft engines with an accumulated worth of $32.3 million to aid the firm’s operations

    The airline said that while there is no current financial impact on its operations, both agreements are anticipated to bring about a positive impact on the corporation

  • Spend a night under stars in these trendy Dubai destinations

    Overnight camping is one of the popular activities people indulge in during winters in Dubai. The city has several unique...

    Glamping or glamorous camping at the Damani Lodges or Sedr Trailers are exquisite options for a mountain escape, with barbecues and starry skies.

    Expo 2020 Lake is a must-visit destination for those looking for a camping adventure in the middle of the desert.

  • SACC picks board heads

    It has also formed several panels that will function for three years.

    The SACC has said Mohammed Abdulaziz ‎Al Sarhan, an independent member, has been appointed chairman ‎of the Board of Directors‎

    It also announced the appointment of Raed Ibraheem Al Mudaiheem, another independent member, as the Vice-‎Chairman of the board‎

  • Dubai sees weeklong real estate transactions worth $1.33bn

    This was the result of a total of 1,724 transactions, according to figures released by the Dubai Land Department.

    A total of 139 plots were sold for AED784.14 million ($213.52 million) in Dubai

    In addition, 1,172 apartments and villas were sold for AED2.73 billion ($743.36 million)

  • Fun sector: Leisure puts UAE economy at ease

    Estimations by the Middle East and North Africa Attraction and Leisure Council (MENALAC) put the number of leisure centers in...

    The leisure and entertainment sector in the UAE is considered to be one of the most dynamic markets in MENA

    Around 400 leisure centers operate in the UAE, employing more than15,000 workers

  • Jordan’s trade with US touches $1.384bn in 2021

    Jordan was the first Arab country to sign a free trade agreement (FTA) with the United States in 2000.

    The President of the American Chamber of Commerce in Jordan (AmCham) Mohammad Batayneh said in a statement

    He added that Jordan's exports during the first 11 months of 2021 nearly reached $2.5 billion, compared to $1,120 billion in imports