Revenue in fourth quarter of 2022 was $630m.

Aim is to develop hydrogen-based mobility pilot project.

Paris, UAE--The second technical UAE-France-India trilateral initiative has taken place in Paris during the visit of a UAE delegation from Ministry of Foreign Affairs and International Cooperation (MoFAIC), led by the Assistant Foreign Minister for Economic and Trade Affairs, Saeed Mubarak Al Hajeri. Al Hajeri participated in the meeting alongside...

Firm has proposed dividend of S$115 million for 2nd half 2022.

The revenue climbed to $2.67 billion in 2022.

Dubai, UAE--Ohood Al Roumi, the UAE's Minister of State for Government Development and the Future and Vice Chair of the World Government Summit (WGS), has stressed the importance of data and data protection in shaping future governments and businesses. During a session titled "The Role of Data in Government Development",...

The market for small startups and self-employed entrepreneurs will boom due to lower startup cost amidst policy reforms and more incubators and shared offices, says an expert.

Dubai, UAE---The Central Bank of UAE Sunday launched Financial Infrastructure Transformation Program (FIT program) to accelerate the digital transformation in the financial services sector. In a statement, the bank said the FIT is a step towards enabling the CBUAE to be among the top central banks globally. The program aims...

Startups in the Middle East and North Africa raised $3.94 billion in 2022, a 24 percent increase in investment value compared to 2021, according to Wamda.

A UN convoy with supplies for northwest Syria arrived via Turkey, but the agency's relief chief Martin Griffiths said much more was needed for millions whose homes were destroyed. "We have so far failed the people in northwest Syria. They rightly feel abandoned. Looking for international help that hasn't arrived,"...

More than a hundred hours after two earthquakes killed more than 23,000 people, an Emirati rescue team has pulled alive two people from under the rubble in Turkey. One man believed to be in his 50s or 60s and an 11-year-old child were rescued in the Kahramanmaras province, close to...

While 2022 saw record levels of demand for commercial office space as a result of ‘Programme HQ’, 2023 looks set to be dominated by the delivery of high quality residential-led mixed use schemes and a continued focus on tourism, leisure and entertainment projects, adds Burch, Partner and Head of Real...

DUBAI, UAE -  Dubai Electricity and Water Authority (DEWA) has announced the registration of a new patent for an adhesive device for 3D printers. The device distributes the adhesive material on the 3D printing plate, ensuring that the printed material sticks securely to the build plate. This is the seventh...

The company, second time it has quashed reports of an imminent bid, refuted the speculations in the press in a report to Abu Dhabi Securities Exchange.

SHARJAH, UAE -  The UAE's Ministry of Industry and Advanced Technology (MoIAT) and Sharjah Foreign Direct Investment Office (Invest in Sharjah) signed a Memorandum of Understanding (MoU) at the 6th Sharjah Investment Forum to promote investment opportunities. Held under the theme 'Redefining Economies: Making Significant Strides for a Better Future',...

Abu Dhabi, UAE - The International Defense Conference 2023 will be held on 19th February at the ADNOC Business Centre in Abu Dhabi. A large number of leaders, decision-makers, ministers, senior officials and speakers representing defense industries from all over the world are expected to participate in it, local media...

The two sides reaffirmed their keenness to advance bilateral cooperation in the fields of human resources and skill development.

DUBAI, UAE - As many individuals in the UAE face challenges in balancing work and family obligations, parent-friendly workplace policies allow parents to care for their children’s well-being, benefiting individuals, the economy and society as a whole. This was one of the key takeaway messages from a webinar organized by...

SHARJAH, UAE - Financial innovation and technology trends in global financial services sector were in the spotlight during a panel session at the sixth edition of the Sharjah Investment Forum (SIF). Moderated by Goncalo Traquina, Head of Management Consulting in Financial Services, KPMG, panellists Eric Yang, CEO of MaskEX, Mirna...

The group maintained a healthy debt profile.

The company's revenue in 2022 rose to $3.04bn.

Demand for technologies including 5G, AI, ML, IoT, and advanced data analytics will continue to rise in the UAE this year, du CEO Fahad Al Hassawi tells TRENDS.

Riyadh, Saudi Arabia--The Saudi Investment Recycling Company (SIRC) has signed a joint memorandum of understanding with the Abu Dhabi Waste Management Company (Tadweer) to explore potential investment opportunities in the waste management and recycling sector in the kingdom. They will explore joint options for adopting technology and ideal recycling solutions,...

The two Gulf countries expect new strategy to result in a rapid economic transformation and offer new revenue stream, allowing them to cut down reliance on crude oil income.

dans is the sole air navigation service providerfor four airports, including Dubai Airport, the world's top airport for international travellers.

Dubai, UAE-- The three-day long dental conference has got underway in Dubai, bringing together leading experts in dentistry and oral health professionals from around the world. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Academic Health Corporation and Chancellor of the Mohammed Bin Rashid University of Medicine and Health...

Saudi Arabia on Tuesday ordered the King Salman Humanitarian Aid and Relief Centre "to provide health, shelter, food and logistical assistance" to Syria and Turkey, the official SPA news agency said. It will also launch a public donation campaign for quake victims in both countries, SPA added. The oil-rich Gulf...

Sharjah is a gateway to the markets of the Gulf region, with a GDP of US$1.6 trillion. It provides a solid business base for investors through six free zones and 33 industrial zones with various specialisations, which are all linked to convenient land, sea and airports, he adds.

The UAE and few other countries figure at the top of the Transparency Index in the region, but this doesn't mean that they have an excellent performance globally, says an expert.

DUBAI, UAE -  Dubai Electricity and Water Authority (DEWA) has updated its strategic plan, adding achieving net-zero by 2050 to its vision. This move is as per its commitment of keeping pace with the government plans and strategies that aim to achieve net-zero by 2050 and the UAE’s efforts to...

ABU DHABI, UAE - The General Pension and Social Security Authority (GPSSA) of UAE has announced its key strategic objectives for 2023. The authority said that it will focus on raising awareness on insurance among Emirati employees, serving the community with utmost promptness and professionalism, while reinforcing the UAE Pension...

The European Union has mobilized 10 search and rescue teams for Turkey after the stricken country requested EU assistance, EU foreign policy chief Josep Borrell and EU crisis management commissioner Janez Lenarcic said.

Abu Dhabi, UAE--A joint Oman-UAE military exercise codenamed “Cooperation-3” began in Oman on Monday. The 11-day drill, which concludes on February 16, 2023, saw the participation of a force from Muscat Regiment, Infantry Bridge (23) of the Royal Army of Oman (RAO), and its support divisions, as well as aircraft...

At the moment, the market is solidly Dubai, which is recognised as the world leader in branded residential offerings with all eyes on the city’s upcoming openings. The slower approach of Abu Dhabi will be something to watch as it makes large-scale investments into the luxury sector, he adds.

It will add 22 supermarkets to GMG's retail network in the UAE.

Hours after the earthquake killed at least 1,000 people and caused massive level of destruction in Syria, the UAE has pledged humanitarian assistance worth around $13.6 million to the war-scarred country, according to state media. The quake struck near the Turkish city of Gaziantep on Monday, killing more than 1,651...

For the 12th year in a row, Switzerland leads the ranks on the Global Innovation Index. South Korea was the most innovative Asian country.

Dubai, UAE-- Dubai real estate market recorded transactions worth AED1.4 billion ($381 million) on Monday, data released by Dubai's Land Department (DLD) showed. The deals included 490 sales transactions worth AED1.17 billion, in addition to 86 mortgage deals of AED177.94 million, and 15 gift deals amounting to AED55.81 million. The...

ABU DHABI,  UAE - The Environment Agency - Abu Dhabi (EAD) has issued a policy on sustaining marine water quality that reviews the current situation and main challenges related to marine water in the emirate. The policy is part of EAD's efforts to maintain and sustain Abu Dhabi's marine waters...

DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) participated in a campaign to clean the beach and plant mangroves at the Jebel Ali Marine Sanctuary, organized by the Emirates Marine Environmental Group. The move is in conjunction with the National Environment Day, observed on  February 4 each year, and...

The two will run wellness centres in Saudi Arabia.

The company’s growth was driven by Asia Pacific, the Americas and Australia region, the Group Chairman and CEO Sultan Ahmed Bin Sulayem.

The latest data from the United Nations World Tourism Organisation (UNWTO) shows that global tourist travel in 2022 was 37 percent lower than 2019.

The two biggest economies of the region are leaving no stone unturned to hire the most talented professionals in order to run the ever-expanding companies.

The UAE has a long and established history in the field of sustainability, which began with the initiatives launched by the late Sheikh Zayed bin Sultan Al Nahyan, who provided a vision for the UAE's future in sustainable development, he adds while speaking at the 26th UAE National Environment Day.

DUBAI, UAE - The Innovation Talks series will bring together heads and representatives of Dubai government departments, and experts from major private sector companies to discuss how they can work together to develop a common vision for the future. The Innovation Talks series in Dubai forms part of the emirate's...

The airport recorded 39.5 million passengers in 2019 before the coronavirus pandemic struck, and last week announced that with the World Cup in November and December, numbers had recovered to 35.7 million in 2022.

The initiative is a crucial step in modernizing global trade, using the tools of the Fourth Industrial Revolution, said Dr Thani Al Zeyoudi, UAE Minister of State for Foreign Trade.

DUBAI, UAE - Dubai Customs and Dubai Chambers discussed supporting  businesses and the private sector and enhance the emirate’s competitiveness following Dubai's strategic plans and vision. These were the highlights of the meeting between Ahmed Mahboob Musabih, Director-General of Dubai Customs, CEO of Ports, Customs and Free Zone Corporation and...

SHARJAH, UAE - Sharjah Economic Development Department (SEDD) received a delegation from Matajer - one of the most important commercial shopping groups affiliated with Sharjah Holding Company - established under a partnership between Majid Al Futtaim Properties and Sharjah Asset Management. This comes within SEDD’s interest to strengthen partnerships with...