- Dubai, UAE --- Global travel companies and tourism industry leaders expressed confidence in the UAE's tourism sector during the "Engage...
Elevate World launched Yara AI to support tour operators, hotels and tourism stakeholders across the wider travel ecosystem.
Wynn Al Marjan Island updated industry partners on construction progress and international trade engagement ahead of opening.
- Oil markets were supported by expectations that ongoing talks between the United States and Iran could help secure energy flows...
U.S. crude remained more than 6% higher for the week despite Thursday's sharp decline on optimism over Iran talks.
Record outflows from U.S. spot bitcoin ETFs in May accelerated cryptocurrency losses as investors shifted toward technology stocks.
- The UAE Property Investment Index, conducted by U.S.-based Penta Group, found that 56% of global property investors expressed serious interest...
More than half of surveyed investors expressed serious interest in UAE property, surpassing investor interest levels in the United States.
Indian, Egyptian and Saudi investors showed particularly strong demand, while European buyers increasingly view the UAE as a preferred overseas market.
- Dubai, UAE -- OpenAI's ChatGPT surpassed 1 billion monthly active users in May, becoming the fastest application to reach the...
Sensor Tower estimates ChatGPT reached one billion monthly users roughly three years after launching in late 2022.
Growing enterprise adoption and multimodal capabilities have helped fuel demand amid intensifying competition across artificial intelligence markets.
- Abu Dhabi, UAE -- Abu Dhabi-based technology group G42 and Spanish banking giant Santander have signed a memorandum of understanding...
G42 subsidiaries Inception and Presight are expected to contribute agentic AI, cloud infrastructure and intelligent systems expertise.
The partners said future agreements will require regulatory approvals and adherence to governance, transparency and data protection rules.
- Dubai, UAE -- Dubai's Roads and Transport Authority (RTA) generated AED5.3 billion ($1.44 billion) in revenue through digital channels in...
Digital channel adoption reached 96%, while customer happiness averaged 98% across services offered by the authority.
Smart application users exceeded 1.2 million, with annual visits rising 144% compared with 2024 levels.
- Revenue passenger kilometers (RPK), the industry's measure of demand, declined 3.4% year-on-year, while available seat kilometers (ASK), a measure of...
Excluding the Middle East, passenger demand would have risen 1.2%, the International Air Transport Association (IATA) has said.
April jet fuel costs more than doubled, prompting airlines to rebalance capacity amid changing travel patterns worldwide.
- SpaceX’s planned initial public offering at a valuation of at least $1.8 trillion is emerging as a major test of...
SpaceX reportedly seeks raising $75 billion after generating nearly $19 billion revenue last year from Starlink expansion globally.
deVere Group warns institutional investors may redirect capital from Magnificent Seven stocks toward emerging AI and space companies.





















