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Dubai's Crown Prince, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, has enacted Executive Council Resolution No. of 2025, enabling free zone companies
Goldman Sachs has adjusted its oil price forecasts, citing a confluence of factors including escalating global supply and a decelerating U.S. economy. The investment
Gold prices have soared past the $3,000 per ounce mark for the first time, reflecting investors' flight to safety amid escalating global economic uncertainties.
Shareholders of Gulf Navigation Holding PJSC have approved the company's AED 3.2 billion acquisition of Brooge Energy Limited , a NASDAQ-listed oil refining
AIQ, a subsidiary of Presight, has secured a $340 million contract from Abu Dhabi National Oil Company to deploy its ENERGYai platform and
Abu Dhabi's Mubadala Investment Company has finalized the sale of its indirect stake in Calisen, a leading UK provider of smart meters and small-scale
The Government of Ras Al Khaimah has successfully launched a $1 billion 10-year Regulation S benchmark sukuk, marking a significant development in the
In a strategic move that underscores Egypt's global cultural ambitions, Khaled El-Enany has emerged as the nation's latest candidate for the prestigious UNESCO Director-General
Sukuk issuance is projected to decline in 2025 following a record-setting year in 2024, driven primarily by reduced refinancing needs from key sovereigns in
The Organization of the Petroleum Exporting Countries is grappling with increasing difficulties in managing its surplus oil production capacity, currently estimated at six
Oil prices fell on Friday, heading for their first monthly decline since November, as global economic growth uncertainties and potential fuel demand reductions weighed
High-net-worth individuals in the UAE and across the Gulf Cooperation Council are confronting a narrowing window of opportunity to secure permanent U.S. residency.
Saudi Basic Industries Corporation , a global leader in diversified chemicals, has unveiled plans to implement cost-cutting strategies and explore new investment avenues following
Property owners in Dubai are bracing for a significant increase in service charges, with industry experts forecasting a rise of up to 10% in
International Holding Company , under the leadership of Chairman Sheikh Tahnoon bin Zayed Al Nahyan, has reported a remarkable 54.2% increase in revenue for
Dubai's property market is projected to stabilise or experience a slight decline in prices over the next 12 to 18 months, according to a
Global oil prices have experienced a significant decline, with West Texas Intermediate crude falling nearly 3% to $70.40 per barrel, marking a two-month
Dara Holdings, the family office of Saudi billionaire Lubna Olayan, has significantly increased its investments in female-led startups across the United Arab Emirates since
Dubai Taxi Company has announced plans to launch its first autonomous taxi service in the emirate by the first quarter of 2026, aligning with
Dubai is set to experience significant traffic disruptions this weekend as the 15th Spinneys Dubai 92 Cycle Challenge takes place, necessitating extensive road closures
The Central Bank of the United Arab Emirates has imposed a financial penalty of AED 3.5 million on an exchange house operating within
Young Valens, Dubai’s first dedicated child mental health center, proudly announces its official launch at the renowned 777 Center. Following a successful soft opening
The Dubai International Financial Centre has reported unprecedented financial performance for 2024, coinciding with its 20th anniversary. The centre's total revenue reached AED
Mubadala Investment Company has secured a deal to acquire a minority stake in Apleona, one of Europe’s top integrated facility management providers. This move
Dubai’s public parking operator, Parkin, has introduced a change in the parking tariff structure, particularly targeting areas close to major event venues. Starting from
Saudi Arabia's Public Investment Fund is intensifying its efforts to diversify the nation's economy by expanding tourism investments beyond the capital city, Riyadh.
Saudi Arabia has solidified its position among the world's top ten battery energy storage markets, marked by the commissioning of the 500 MW/2,000 MWh
The United Arab Emirates has embarked on a groundbreaking initiative to map air corridors and develop a regulatory framework for piloted and autonomous
Starbucks has unveiled an ambitious plan to significantly increase its presence in the Middle East by opening approximately 500 new stores over the next
As the allure of train travel experiences a resurgence, 2025 presents an array of exceptional rail journeys that promise both luxury and adventure. From
Rajiv Jain, the billionaire founder and chairman of Florida-based investment firm GQG Partners, is actively expanding his investment footprint in the United Arab Emirates
As the digital landscape evolves, marketers are increasingly relying on advanced tools to enhance their social media strategies. In 2025, several platforms have emerged