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ADNOC shifts OMV stake to XRG

XRG is ADNOC's wholly-owned international investment company.

SIB H1 net profit $189m

The bank's total assets increased by $1.49 billion.

TSMC’s H1 revenue up 40 percent

Robust demand for AI technology behind the surge.

‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.
  • First step for Europe’s hyperloop vehicles with test launch

    Veendam, Netherlands -- The dream of hurtling between European cities at speeds of more than 700 kilometers per hour moved a step closer Monday with the first successful vehicle tests at the European Hyperloop Centre.Hovering inside a sleek 420-meter (1,377-foot) white tunnel, a dark and light grey striped pod levitates at...
  • Hyperloop progress: Racing ahead or falling behind?

    Over a decade after Elon Musk's hyperloop proposal, no commercial operations have begun, and Virgin Hyperloop shut down in 2023 despite significant investments, reveals TRENDS.
  • Hyperloop progress: Racing ahead or falling behind?

    Over a decade after Elon Musk's hyperloop proposal, no commercial operations have begun, and Virgin Hyperloop shut down in 2023 despite significant investments, reveals TRENDS.
  • Hyperloop to become a reality in years, not decades: CEO DP World

    Hyperloop, which is expected to transport passengers and freight at a speed of an airplane, could become a reality before 2030, not after several decades, said DP World CEO Sultan Ahmed bin Sulayem.
  • GCC nations eye Hyperloop travel by 2030

    It is predicted that the Hyperloop technology will carry between 45 and 50 million passengers yearly in the Gulf Arab states using clean and renewable energy.
  • How future of mobility will look like in GCC?

    Marvin Ammori, General Counsel, Hyperloop One, speaks to TRENDS about the sustainability of future mobility while keeping in mind the fast moving technology and ongoing transformations. How everybody is talking about new innovative concepts that are shaping the transportation sector. Hyperloop is one of the most revolutionary concepts of all....