Dubai, UAE -- SURJ Sports Investment Co, owned by Saudi Arabia's Public Investment Fund (PIF), has launched a joint venture...
Dubai, UAE -- Abu Dhabi's Emirates Water and Electricity Company (EWEC) said young professionals now make up more than 30...
The $5.1 billion engineering complex targets advanced aircraft maintenance capabilities, sustainability benchmarks, and expanded aviation infrastructure. The facility is being...Emirates said the Dubai South complex will include simultaneous servicing capacity for 28 wide-body aircraft and two specialized paint hangars.
The facility targets LEED Platinum sustainability standards with rooftop solar installations, expanded logistics infrastructure and engineering training facilities nationwide.
The partnership will raise a combination of equity and debt capital to target an investment portfolio that aims to generate...Partnership will target diversified infrastructure assets across energy, transportation, logistics, digital networks, water systems and waste management sectors.
Investors said accelerating urbanisation and digitisation trends are strengthening long-term infrastructure demand across GCC and Central Asian markets.
A new Dataiku study shows UAE CEOs increasingly view AI performance, governance and accountability as defining measures of leadership success.UAE CEOs increasingly fear failed AI strategies could trigger leadership exits, investor pressure and lasting reputational consequences by 2026.
Boards and investors are intensifying demands for measurable AI outcomes while organizations remain cautious over governance and operational risks.
Mubadala Investment Company and Tubacex Group have announced the full operational launch of their joint venture in Abu Dhabi, activating...The Abu Dhabi facility strengthens regional energy supply chains by localising high-performance tubular manufacturing and reducing dependence on overseas processing centres
ADNOC anchors the project as cornerstone client, securing long-term CRA tubular supply for critical gas extraction and production operations
Growth driven by merger consolidation.Revenue jumps to $2.7 billion as mergers and acquisitions drive expansion across multiple sectors and geographies.
During the quarter, the company acquired a 60.8% stake in ISEM Packaging Group for $192 million.
Total revenue increased 10% year-on-year.Mashreq posted first-quarter net profit growth as revenue, lending and deposits expanded strongly year-on-year.
Non-interest income rose sharply, highlighting diversification as regional geopolitical uncertainty weighed on operating conditions.
High occupancy across assets boosts earnings.TECOM lifted recurring profit as occupancy, rental rates and cost discipline strengthened margins.
Commercial and industrial portfolios remained nearly full, supporting resilient cash flow and customer retention.
The rise helped by strong demand in real estateRotana Residences sold out before launch, underscoring strong demand for branded Abu Dhabi housing.
Operating profit before tax jumped 32% to 79 million dirhams, reflecting efficiency gains across the group's core businesses.
The report, published by the Association of Certified Fraud Examiners and analytics firm SAS, highlights widening gaps between rapidly evolving...Among the fastest-growing threats is deepfake-enabled social engineering.
The United Arab Emirates and Saudi Arabia have the potential to take a leading role in next-generation fraud prevention.
- In Dubai, the Dubai Land Department reported 718,160 real estate transactions, including 60,303 disposals, up 6% from a year earlier....
Abu Dhabi recorded its highest quarterly performance on record with transaction values surging 160.7% to about $18.0 billion (AED66 billion).
In Sharjah, real estate trading volume climbed 40.7% year-on-year to approximately $5.0 billion (AED18.5 billion).
