Articles written by
arabian post staff

Etihad Airways has reported a record after-tax profit of $476 million for 2024, more than tripling its 2023 profit of $143 million. This significant financial upturn is attributed to a surge in passenger numbers, a robust recovery in cargo operations, and enhanced operational efficiencies.

The Abu Dhabi-based carrier’s total revenue reached nearly $6.9 billion in 2024, up from $5.5 billion the previous year. Passenger revenue alone accounted for $5.7 billion, reflecting a 25% increase. The airline transported 18.5 million passengers, a 32% rise from 14 million in 2023, with a passenger load factor of 87%. This growth was supported by a 28% increase in Available Seat Kilometres .

Cargo operations also experienced a notable boost, with revenues climbing 24% to $1.1 billion. The volume of cargo transported increased to 646,000 tonnes from 579,000 tonnes in 2023, driven by expanded capacity and improved yields in the latter half of the year.

Etihad’s Chief Executive Officer, Antonoaldo Neves, credited the airline’s workforce for the remarkable performance, stating, “Our team’s dedication has been instrumental in achieving these record results. We are committed to maintaining our financial strength and delivering exceptional customer experiences.”

The airline’s operational efficiency improved, with a 4% year-on-year reduction in Cost per Available Seat Kilometre excluding fuel. This was achieved through strategic network expansion, including the addition of over 20 new destinations such as Boston, Jaipur, Bali, and Nairobi, and increased frequencies on 25 existing routes. Etihad’s fleet grew by 12 aircraft, incorporating six new A320 NEOs and the reintroduction of its fifth A380.

In line with the United Arab Emirates’ strategy to diversify its economy through tourism, Etihad’s growth aligns with national objectives. The airline plans to expand its network to over 125 airports by 2030, further enhancing its global connectivity.

Industry analysts note that while Etihad’s profit remains modest compared to Emirates’ $4.7 billion profit in 2023, the airline’s turnaround signifies a positive trajectory. Etihad’s focus on operational efficiency, strategic expansion, and customer satisfaction positions it well for sustained growth in the competitive aviation sector.

BENEFIT, Bahrain’s leading fintech and electronic financial transactions service provider, has formalised a partnership with haifin, an e& enterprise company from the UAE, aiming to revolutionise Bahrain’s banking sector. This collaboration is poised to enhance financial resilience and foster innovation across the industry.

Established in the UAE in 2021, haifin has a proven track record in de-risking trade finance lending. The platform employs advanced technologies, including blockchain and artificial intelligence, to detect and prevent fraud in real-time. To date, haifin has safeguarded over $150 million for its consortium members by identifying and mitigating fraudulent activities.

The strategic alliance between BENEFIT and haifin is set to bolster Bahrain’s banking industry’s ability to manage risks and combat fraud, particularly within trade finance. By integrating haifin’s cutting-edge solutions, Bahraini banks are expected to experience increased lending confidence, leading to higher revenues and improved access to liquidity for small and medium-sized enterprises and corporate borrowers.

The official signing ceremony took place at BENEFIT’s headquarters in Bahrain. Abdulwahed AlJanahi, Chief Executive of BENEFIT, emphasised the significance of this partnership, stating that it represents a pivotal step in strengthening Bahrain’s financial ecosystem through advanced technology. He noted that by providing banks with state-of-the-art tools to proactively combat fraud and streamline trade finance, the sector is empowered to operate with unparalleled efficiency and confidence. This collaboration aims to reinforce trust, security, and innovation at the core of the industry’s future, setting the stage for a more resilient and digitally advanced banking landscape in Bahrain.

Zul Javaid, Chief Executive of haifin, highlighted the importance of this partnership, noting that after their success in the UAE and ambition to address similar challenges across the Middle East and Africa region, this collaboration with BENEFIT marks a major milestone. Together, they aim to deliver advanced technology solutions that enhance risk management, ultimately driving growth for banks.

Since its inception, haifin has expanded its network from seven banks in 2021 to 15 lending institutions, including 13 major UAE banks and two fintech companies. The platform has processed transactions exceeding AED 200 billion and has identified potential frauds amounting to several million dirhams. Handling over 4 million data points monthly, haifin’s machine learning capabilities continue to evolve, offering robust solutions to its members.

This partnership aligns with Bahrain’s broader efforts to enhance its financial infrastructure. Earlier this month, the Ministry of Industry and Commerce signed a Memorandum of Understanding with BENEFIT to develop a corporate credit rating system. This initiative aims to provide accurate and transparent credit ratings, facilitating SMEs’ access to necessary financing and promoting investment across the country.

Saudi Arabia’s ACWA Power has entered into a definitive agreement to acquire significant stakes in power generation and water desalination assets from French utility developer ENGIE. The transaction, valued at $693 million, marks ACWA Power’s strategic expansion into Kuwait and a bolstered presence in Bahrain.

The acquisition encompasses a combined capacity of 4.61 gigawatts in gas-fired power generation and 1.11 million cubic meters per day of water desalination. Additionally, the deal includes the associated operations and maintenance companies in both countries.

In Kuwait, ACWA Power will acquire an 18% stake in the Az Zour North Independent Water and Power Project . This facility, operational since 2016, boasts a 1,500 MW gas-fired combined cycle power plant and a desalination plant capable of producing 107 million imperial gallons of water daily. The plant operates under a 40-year Energy Conversion and Water Purchase Agreement with Kuwait’s Ministry of Electricity and Water.

In Bahrain, the acquisition involves several key assets:

– Al Ezzel Independent Power Plant : ACWA Power will obtain a 45% stake in this 940 MW facility, which has been a cornerstone of Bahrain’s power infrastructure.

– Al Dur IWPP: A 45% stake in this project will be transferred to ACWA Power. The facility has a power generation capacity of 1,234 MW and a desalination capacity of 218,000 cubic meters per day.

– Al Hidd IWPP: ACWA Power will acquire a 30% stake in this plant, which provides 1,000 MW of power and produces 410,000 cubic meters of desalinated water daily.

Marco Arcelli, CEO of ACWA Power, stated, “We consolidate our presence in Bahrain, where we are already a reliable supplier of power and water, and we enter Kuwait, where we recently submitted a bid for a large power and desalination plant.”

The transaction is subject to customary regulatory and stakeholder approvals. Upon completion, ACWA Power will assume responsibility for the operations and maintenance of the acquired assets, further solidifying its position as a leading provider of power and water solutions in the Middle East.

This strategic move aligns with ACWA Power’s broader objectives to expand its footprint in the Gulf region and enhance its portfolio of energy and water projects. By integrating these assets, the company aims to leverage operational synergies and contribute to the sustainable development of the region’s infrastructure.

ENGIE’s decision to divest its stakes in these assets is part of its strategic realignment to focus on achieving net-zero carbon emissions by 2045. The proceeds from the sale are expected to be reinvested into renewable energy projects and other sustainable initiatives.

The Az Zour North plant in Kuwait represents a significant milestone as the country’s first IWPP, developed under a public-private partnership framework. Its successful operation has paved the way for increased private sector participation in Kuwait’s utility sector.

HSBC has announced the sale of its retail banking operations in Bahrain to the Bank of Bahrain and Kuwait , transferring approximately 76,000 customer accounts. This move aligns with HSBC’s ongoing global restructuring strategy, focusing on streamlining operations and enhancing profitability.

The transaction encompasses the transfer of retail loans, deposits, and customer accounts to BBK, a financial institution predominantly owned by the governments of Bahrain and Kuwait. Notably, HSBC’s corporate and private banking services in Bahrain are excluded from this deal. While the financial specifics remain undisclosed, the completion of the transaction is anticipated in the fourth quarter of 2025.

This divestment is a component of HSBC’s broader initiative to reduce its global footprint in less profitable markets. Under the leadership of CEO Georges Elhedery, who assumed his role in October 2024, the bank has been actively reassessing its international operations. Elhedery’s restructuring plan aims to achieve $1.5 billion in annual cost savings by the end of 2026, reallocating resources from non-strategic areas to more competitive sectors. This strategy has already led to significant changes, including the consolidation of commercial and investment banking divisions and a revamp of the leadership structure.

In line with these efforts, HSBC has been withdrawing from various retail banking markets worldwide. The bank has exited retail operations in countries such as Thailand, Japan, South Korea, Brazil, and New Zealand over the past decade. More recently, HSBC has been evaluating its retail banking presence outside the UK and Hong Kong, considering scaling back in markets like Mexico, Malaysia, and Indonesia to concentrate on wealthier “premier” clients and wealth management services.

The decision to sell the Bahrain retail unit reflects HSBC’s commitment to optimizing its global operations and focusing on core markets where it holds a competitive advantage. By divesting from less profitable regions, the bank aims to enhance efficiency and profitability, ensuring resources are allocated to areas with the highest growth potential.

BBK, established in 1971, stands as one of Bahrain’s leading commercial banks. The acquisition of HSBC’s retail operations is poised to bolster BBK’s market position, expanding its customer base and retail banking assets. This strategic move aligns with BBK’s growth objectives, enabling the bank to offer an expanded range of services to its clients.

The global banking landscape has been undergoing significant transformations, with major institutions like HSBC reevaluating their strategies to adapt to evolving market conditions. Factors such as technological advancements, changing customer preferences, and economic shifts have prompted banks to streamline operations and focus on core competencies. HSBC’s restructuring efforts are indicative of a broader trend among global banks aiming to enhance agility and competitiveness in a rapidly changing environment.

In addition to divesting from certain markets, HSBC has been implementing cost-cutting measures across its operations. The bank reported a 3% reduction in headcount, bringing the total number of employees to approximately 220,928. This reduction is part of a concerted effort to manage expenses and improve operational efficiency. Despite these cuts, HSBC’s bonus pool remained relatively stable at $3.80 billion, reflecting the bank’s commitment to rewarding performance while maintaining fiscal prudence.

The restructuring has also led to strategic shifts in HSBC’s investment banking sector. The bank has laid off around 40 investment bankers in Hong Kong and announced plans to wind down its mergers and acquisitions and certain equities businesses in Europe and the Americas. These changes underscore HSBC’s strategic pivot towards focusing more on the Asian market, where it anticipates higher growth opportunities.

Financially, HSBC has demonstrated resilience amid these transitions. The bank’s annual pre-tax profit rose by 6.6% to $32.3 billion, surpassing market expectations. This growth was driven by increased revenue in wealth and markets businesses, highlighting the effectiveness of HSBC’s strategic focus on these areas. Additionally, the bank has announced a dividend of 87 cents per share and a $2 billion share buyback, signaling confidence in its financial position and future prospects.

The sale of the Bahrain retail banking operations is subject to regulatory approvals and customary closing conditions. Both HSBC and BBK are collaborating closely to ensure a seamless transition for customers and employees affected by the transaction. The banks have committed to maintaining transparent communication throughout the process to minimize disruptions and uphold service quality.

The United Arab Emirates is set to enhance its aerospace capabilities through a collaboration between Tawazun Council and Mubadala Investment Company. This partnership aims to establish a state-of-the-art Maintenance, Repair, and Overhaul facility in Al Ain, focusing on aircraft engines. The initiative underscores the UAE’s commitment to becoming a regional hub for advanced aerospace technologies.

Announced at the International Defence Exhibition 2025, the project involves Mubadala’s subsidiary, Sanad, joining forces with global aerospace leader Pratt & Whitney. The facility will be the first of its kind in the Middle East, North Africa, and South Asia regions, providing comprehensive MRO services for Pratt & Whitney’s GTF™ engines. Once operational, it is expected to handle up to 350 engine shop visits annually.

Dr. Bakheet Al Katheeri, CEO of Mubadala’s UAE Investments platform, highlighted the strategic importance of the collaboration: “This partnership between Mubadala and Tawazun is a clear demonstration of the Mubadala UAE Investments platform delivering on its mandate. We are building national champions in the aerospace sector, fostering a vibrant aerospace ecosystem, and partnering with world-class entities like Pratt & Whitney to accelerate the transformation of Abu Dhabi’s economy.”

The facility, slated to open in the third quarter of 2028, will be located at the Al Ain Aerospace Park. It is poised to generate several hundred jobs, contributing significantly to the local economy and supporting the UAE’s broader economic diversification strategy. The collaboration also serves to fulfill Raytheon’s offset obligations to the UAE, marking a unique instance where a civil project offsets military purchases.

Marc Meredith, Vice President of GTF Commercial Aftermarket at Pratt & Whitney, expressed enthusiasm about the venture: “Pratt & Whitney have been talking to Sanad about developing our relationship with them. This is a really exciting, generational project, both for us and for them.” The partnership builds upon a decade-long relationship between Pratt & Whitney and Sanad, which currently operates an MRO facility for IAE V2500 engines in Abu Dhabi.

The decision to establish a new site in Al Ain, rather than expanding the existing facility, was driven by the anticipated scale of future GTF engine production. Meredith noted the substantial opportunities ahead: “There is a massive opportunity in front of us.”

Tawazun Council, an independent government entity collaborating closely with the Ministry of Defence and security agencies in the UAE, plays a pivotal role in this initiative. The Council’s involvement ensures alignment with national defense and security objectives, while also promoting the growth of the UAE’s aerospace sector.

In a significant diplomatic and economic development, the United Arab Emirates and Ukraine have formalized a Comprehensive Economic Partnership Agreement during Ukrainian President Volodymyr Zelensky’s official visit to Abu Dhabi. The accord aims to bolster bilateral trade, investment, and economic collaboration between the two nations, marking a pivotal moment in their diplomatic relations.

The signing ceremony, held in Abu Dhabi, was attended by UAE President Sheikh Mohamed bin Zayed Al Nahyan and President Zelensky. Under the terms of the CEPA, 99% of Ukrainian imports of UAE goods and 97% of Ukrainian exports to the UAE will be exempt from customs duties, effective immediately. This strategic move is projected to contribute approximately $369 million to the UAE’s Gross Domestic Product and $874 million to Ukraine’s GDP by 2031. The agreement is also expected to accelerate Ukraine’s economic recovery and create new opportunities for cooperation in sectors such as infrastructure, heavy industry, aviation, aerospace, and information technology.

President Zelensky’s visit to the UAE comes at a time when momentum is building for potential peace talks to end the ongoing conflict in Ukraine. The UAE, home to a significant number of Russian and Ukrainian expatriates, has been considered a potential site for these discussions. During his visit, President Zelensky emphasized priorities such as repatriating Ukrainian captives, enhancing economic partnerships, and initiating humanitarian programs. He expressed gratitude for the UAE’s mediation efforts, which have reportedly resulted in saving many lives.

In addition to the CEPA, the two leaders agreed to establish a Ukraine-UAE Investment Council, aiming to explore promising investment opportunities in Ukraine, particularly in infrastructure projects. This initiative underscores the UAE’s commitment to supporting Ukraine’s economic development and post-war reconstruction efforts.

The UAE’s involvement in facilitating dialogue and supporting Ukraine’s sovereignty has been evident through its diplomatic engagements. Sheikh Mohamed bin Zayed Al Nahyan reaffirmed the UAE’s dedication to supporting peaceful resolution efforts and alleviating the humanitarian impact of the Ukraine conflict. He emphasized the importance of reaching peaceful solutions to crises around the world and reiterated the UAE’s commitment to building partnerships based on cooperation and understanding to promote peace, stability, and prosperity for all.

Concurrently, high-level talks between U.S. and Russian officials are set to occur in Saudi Arabia, aiming to explore a peace dialogue regarding the Ukraine conflict. Notably, Ukraine has been excluded from these discussions, a move President Zelensky criticizes, emphasizing the necessity of consulting strategic partners before any negotiations with Russia. He has declared that Ukraine will disregard any peace agreements forged between the U.S. and Russia without its involvement, underscoring the importance of including Ukraine in any peace negotiations.

The CEPA between the UAE and Ukraine is the first such agreement Ukraine has signed with a Gulf country, highlighting the UAE’s role as a strategic partner in Ukraine’s economic and diplomatic endeavors. Bilateral trade between the two nations reached $372.4 million in 2024, and the new agreement aims to further enhance this economic relationship by reducing or eliminating customs duties and opening new avenues for collaboration in various sectors.

This development reflects a broader trend of Middle Eastern countries engaging more actively in global diplomatic efforts, positioning themselves as neutral grounds for conflict resolution and as pivotal players in international economic partnerships. The UAE’s strategic support and facilitation of dialogue underscore its growing influence in global affairs, particularly in fostering peace and stability in conflict regions.

As the situation in Ukraine remains fluid, the international community continues to monitor the developments closely. The UAE’s proactive approach in mediating and supporting Ukraine’s sovereignty may serve as a model for other nations seeking to play a constructive role in global peace efforts. The success of the CEPA and the potential for future diplomatic resolutions could significantly impact the geopolitical landscape, offering a pathway toward stability and economic growth in the region.

Telecommunications provider du has become the first operator in the United Arab Emirates to commercially launch 5G Voice over New Radio services. This development signifies a significant advancement in the nation’s telecommunications infrastructure, enhancing voice call quality and network performance for users.

The introduction of 5G VoNR allows for voice calls to be transmitted entirely over the 5G network, eliminating the need to revert to 4G during calls. This results in faster call setup times, high-definition voice quality, and improved battery efficiency for compatible devices. du’s extensive 5G Standalone Access network underpins this service, offering widespread coverage across the UAE.

In addition to launching VoNR, du has received full certification from leading handset manufacturers, ensuring compatibility of their devices with du’s 5G SA network. This certification guarantees that users with certified devices can seamlessly access the enhanced voice services without additional configurations.

Saleem AlBlooshi, Chief Technology Officer at du, emphasized the company’s dedication to advancing its network capabilities: “Our commitment to evolving and elevating our network to superior standards has resulted in the 5G SA network certification, guaranteeing that du customers experience ultra-modern connectivity and unparalleled digital experiences.” He highlighted that the VoNR service is set to reshape voice communications by providing seamless 5G connectivity during calls, faster call setups, high-definition voice quality, and enhanced battery life.

The deployment of 5G SA technology is a strategic move to meet the growing demand for high-speed, reliable connectivity among consumers and businesses. This infrastructure supports advanced applications such as augmented reality, immersive communications, and other data-intensive services that require low latency and high bandwidth.

Karim Benkirane, Chief Commercial Officer at du, stated: “The introduction of the 5G SA network and the enablement of VoNR over 5G network represent a giant leap forward in our mission to deliver exceptional service and innovative solutions to our customers.” He noted that this technology not only enhances user experience with superior speeds and call quality but also opens new possibilities for businesses and public services, propelling the UAE closer to its smart city goals.

The 5G SA network’s capabilities extend beyond consumer applications. Enterprises can leverage network slicing, a feature that allows the creation of virtual networks tailored to specific requirements. This enables businesses to deploy customized solutions with dedicated resources, ensuring optimal performance for critical applications.

In the broader context, du’s collaboration with technology partners has been instrumental in this rollout. In October 2024, du entered into an agreement with Ericsson to expand its 5G network, aiming to enhance capacity and deliver next-generation services. This partnership focuses on utilizing Ericsson’s Radio Access Network portfolio to bolster du’s infrastructure.

In December 2024, du and Nokia announced the deployment of the first commercial 5G Cloud Radio Access Network solution in the Middle East and Africa. This initiative underscores du’s hybrid RAN strategy, which combines purpose-built and cloud-native infrastructures to offer greater flexibility and scalability in network management.

The commercial launch of 5G VoNR and the expansion of the 5G SA network align with the UAE’s vision to be at the forefront of technological innovation. These advancements are poised to support various sectors, including healthcare, education, and entertainment, by providing the necessary infrastructure for digital transformation.

As the first operator in the UAE to achieve these milestones, du sets a precedent in the region’s telecommunications landscape. The company’s proactive approach in adopting and deploying cutting-edge technologies reflects its commitment to meeting the evolving needs of its customers and contributing to the nation’s digital economy.

Abu Dhabi National Oil Company for Distribution has announced plans to inaugurate its first flagship service station in Egypt within the year. This strategic move signifies the company’s commitment to expanding its footprint in the North African energy market.

The upcoming service station, slated for New Cairo, will feature an enhanced ADNOC Oasis convenience store and a comprehensive suite of automotive services. This development aims to elevate the customer experience, aligning with ADNOC Distribution’s standards observed in its flagship stations across Abu Dhabi and Dubai.

This initiative is part of the broader collaboration between ADNOC Distribution and TotalEnergies, marked by the two-year anniversary of their joint venture, TotalEnergies Marketing Egypt . Established in 2023, TEME oversees over 240 fuel retail sites across Egypt, encompassing wholesale fuel distribution, aviation fuel services, and lubricant blending operations.

Eng. Bader Saeed Al Lamki, CEO of ADNOC Distribution, highlighted the significance of this expansion: “The ongoing success of our TEME joint venture demonstrates the value of our international expansion strategy in driving value-accretive growth. Egypt, with its significant economic potential, is a key part of our growth journey.”

Thomas Strauss, Managing Director and Country Chair of TotalEnergies Marketing Egypt, echoed this sentiment: “This partnership underscores our mutual dedication to strengthening Egypt’s energy solutions. We recognise the immense potential of the Egyptian market and are committed to fostering sustainable growth.”

In addition to the flagship station, ADNOC’s Voyager lubricants, blended locally by TEME, are set to expand their availability through independent distributors later this year. This move aims to extend the brand’s reach beyond existing ADNOC Distribution service stations, positioning Egypt as a pivotal hub for lubricant production and export.

Looking ahead, TEME is focusing on enhancing its presence in Egypt’s aviation fuel market, a sector integral to the country’s transport and tourism industries. This strategic emphasis aligns with Egypt’s role as a regional nexus, poised to meet the escalating energy demands of the area.

ADNOC Distribution, established in 1973 and headquartered in Abu Dhabi, has evolved into a leading mobility retailer in the UAE. The company’s operations span fuel retail, aviation fueling, car services, lubricants, and convenience stores. Its expansion into Egypt, facilitated by the TEME joint venture, underscores its commitment to broadening its regional influence and delivering premium energy solutions.

The forthcoming flagship service station in New Cairo is poised to set a new benchmark for customer service and operational excellence in Egypt’s fuel retail sector. As ADNOC Distribution and TotalEnergies celebrate their collaborative achievements, they remain steadfast in their mission to support Egypt’s energy infrastructure and economic development.

This development not only signifies a milestone in ADNOC Distribution’s growth trajectory but also reflects the dynamic and evolving landscape of Egypt’s energy market. With continued investments and a focus on innovation, the TEME joint venture is well-positioned to contribute significantly to the region’s energy needs and economic prosperity.

Global Aerospace Logistics , a key player in the UAE’s aerospace and defence sector, has entered into a strategic partnership with GE Aerospace to enhance the development of Emirati talent in the aerospace industry. The Memorandum of Understanding was officially signed on the opening day of the International Defence Exhibition and Conference 2025, marking a significant step forward in the region’s efforts to bolster its workforce in this high-tech, specialised field.

Under the terms of the agreement, GAL and GE Aerospace will collaborate on a series of initiatives aimed at providing Emirati students and professionals with practical, hands-on training and exposure to cutting-edge technologies. The partnership is designed to equip young Emiratis with the skills and knowledge needed to drive innovation and growth within the aerospace sector.

The initiative focuses on creating a pipeline of highly skilled professionals who will contribute to the UAE’s broader vision of becoming a global hub for aerospace innovation. This aligns with the nation’s strategic goals of diversifying its economy, reducing reliance on oil, and investing in high-value industries such as space exploration and defence technology. The collaboration between GAL and GE Aerospace represents a concerted effort to meet these objectives while simultaneously addressing the growing demand for skilled talent in the sector.

The MOU details a comprehensive approach to talent development, combining academic partnerships, vocational training, and industry placements. A key aspect of the programme will be providing training in the latest aerospace technologies, as well as leadership and management skills. Both companies are committed to nurturing the next generation of engineers, technicians, and innovators who will shape the future of the aerospace industry in the UAE.

“This collaboration is a testament to the UAE’s commitment to fostering local talent and ensuring that Emiratis are at the forefront of technological advancements in the aerospace industry,” said a representative from GE Aerospace. The partnership will not only address the skills gap in the local workforce but also build a sustainable framework for long-term growth in the sector.

In addition to technical training, the MOU also focuses on providing opportunities for Emiratis to gain practical experience in aerospace operations. This hands-on exposure is seen as essential in preparing the workforce for the complex challenges of the industry. By working closely with GE Aerospace, GAL aims to create a robust system for skill development that will equip Emiratis with the expertise needed to succeed in both the domestic and international aerospace markets.

The UAE has already made significant strides in developing its aerospace sector. Over the past few years, the country has invested heavily in space exploration, launching the Mars mission and becoming one of the few nations to send an interplanetary probe to the Red Planet. Furthermore, the UAE has built a strong presence in defence technology, with an increasing number of local companies supplying high-tech systems to regional and global markets.

However, the growing aerospace industry also poses a challenge in terms of workforce readiness. There is a pressing need to ensure that Emiratis are well-equipped to take on leadership roles in this rapidly evolving field. This partnership with GE Aerospace is seen as a crucial step in addressing that challenge and ensuring that the UAE’s aerospace ambitions are realised.

The partnership also underscores the UAE’s broader strategy of building international collaborations to drive innovation. By working with global leaders in aerospace technology, the country is positioning itself as a key player on the world stage. GE Aerospace, with its long history and extensive expertise in the field, is an ideal partner for GAL as they work together to build a new generation of aerospace professionals in the UAE.

The signing of the MOU at IDEX 2025 is part of a broader push by the UAE government to position the nation as a global leader in defence and aerospace technologies. The country is actively seeking international partnerships to enhance its technological capabilities, foster innovation, and create job opportunities for Emiratis. The aerospace sector, with its focus on cutting-edge technologies and high-skilled labour, is a central part of this vision.

IDEX 2025, the largest defence exhibition in the region, served as the perfect venue for this announcement, bringing together leading industry players from around the world. The event provided a platform for GAL and GE Aerospace to showcase their shared commitment to advancing the UAE’s aerospace capabilities and talent development initiatives.

Dubai’s Roads and Transport Authority has unveiled its fourth-generation traditional abras, a key initiative aimed at modernising the city’s iconic water transport system. The new abras, which combine traditional design with innovative technology, are expected to enhance the overall passenger experience while maintaining the charm and heritage of Dubai’s waterways.

The new fleet marks a significant step in the evolution of Dubai’s abras, which have long been a cornerstone of the city’s transport network, offering both locals and tourists a scenic and practical way to cross the Dubai Creek. These traditional boats, often seen as a symbol of the emirate’s rich maritime history, will now feature advanced features including more eco-friendly propulsion systems, improved safety measures, and greater passenger comfort.

In an announcement made by the RTA, it was revealed that the new generation of abras will include enhanced materials for durability, better fuel efficiency, and a more comfortable ride. These innovations come as part of a broader push to modernise Dubai’s transport infrastructure, positioning the city as a global leader in integrating sustainable technologies with its cultural heritage.

The fourth-generation abras will include air-conditioning systems for passenger comfort, and a more streamlined design to reduce fuel consumption and emissions, aligning with Dubai’s environmental goals. This new fleet is also part of RTA’s efforts to boost Dubai’s tourism sector by providing an upgraded and attractive water transport option for visitors while ensuring the traditional spirit of the abras is retained.

“The launch of the fourth-generation abras is a major milestone in the evolution of public transport in Dubai,” said Mattar Al Tayer, Director-General and Chairman of the RTA. He highlighted that the initiative represents the authority’s ongoing commitment to enhancing mobility solutions that balance modernity with tradition. “This project exemplifies Dubai’s vision of fostering sustainable growth while embracing its rich cultural heritage.”

The new generation of abras will also feature state-of-the-art navigation systems, offering more efficient scheduling and tracking of the fleet. These improvements are designed to further enhance the operational efficiency of the boats, making travel along the Creek smoother for both commuters and tourists alike.

The decision to modernise the traditional abras aligns with the UAE’s long-term commitment to sustainability and technological integration. The nation has already made substantial investments in green technologies across various sectors, with a particular focus on reducing carbon emissions and promoting energy-efficient systems. The RTA’s new abras are expected to play a key role in helping the city achieve its ambitious sustainability targets, especially as the global focus on eco-friendly transportation intensifies.

In addition to their sustainability features, the new abras will incorporate advanced safety features, including GPS tracking and communication systems, which will allow for better coordination and faster response times in case of emergency. This is expected to reassure passengers and enhance the overall reliability of the service, especially in high-traffic areas of Dubai Creek.

The RTA’s initiative is expected to not only improve the experience for daily commuters but also attract more tourists to the waterway, which has long been a popular attraction in Dubai. The new abras, with their modern features and enhanced comfort, will likely offer an even more appealing way to explore the historic district of Bur Dubai, Deira, and other key areas along the Creek.

The traditional abras have been a feature of Dubai’s public transport network for decades, offering a scenic and affordable way to navigate the city’s waterways. However, the evolving needs of residents and visitors, alongside the city’s rapid growth, have necessitated changes to the system. The RTA’s decision to upgrade the abras aims to address these needs while ensuring the city’s water transport continues to serve as both a practical mode of transport and a cultural symbol.

RTA’s modernisation efforts are also seen as part of a broader trend across Dubai, where a mix of traditional values and modern technological advancements is shaping the city’s transport landscape. From driverless taxis to electric buses and sustainable metro services, the RTA has been at the forefront of integrating innovation into the city’s public transport network.

The new abras are also expected to be more inclusive, with design modifications that make the boats more accessible to people with disabilities. The RTA has stated that it is committed to ensuring all its public transport services meet the needs of the entire population, including those with mobility challenges. The new abras will have specially designed seating and ramps to accommodate passengers with physical disabilities, further enhancing the inclusivity of Dubai’s transport system.

As the global transportation industry increasingly turns towards sustainability, the RTA’s new abras demonstrate how cities like Dubai are seeking to preserve their cultural heritage while embracing new technologies. The launch of these boats highlights the emirate’s commitment to becoming a leader in sustainable urban development and reflects the growing importance of integrating green solutions into public transport systems worldwide.

Passengers on the new abras will also benefit from enhanced security features, with additional surveillance cameras and safety protocols in place. These measures are expected to ensure that Dubai’s water transport remains one of the safest and most reliable in the region, with a focus on passenger welfare at every stage of the journey.

West Virginia’s healthcare industry is grappling with mounting workforce shortages, presenting ongoing challenges that are straining hospitals and healthcare providers across the state. Despite efforts to address the issue, the shortage of medical professionals continues to hinder service delivery, with significant implications for patient care and hospital operations.

Hospitals in West Virginia, particularly in rural areas, have reported increasing difficulties in attracting and retaining skilled workers, such as doctors, nurses, and other essential healthcare staff. These shortages have led to higher workloads for existing staff, longer wait times for patients, and concerns over the quality of care. The challenges have intensified in the wake of the COVID-19 pandemic, which exacerbated the already precarious state of the healthcare workforce.

The West Virginia Hospital Association has highlighted these persistent issues in a series of statements, emphasising the detrimental impact on healthcare services. The association’s president, whose remarks have resonated with both healthcare workers and policymakers, warned that without significant intervention, the situation could worsen, affecting the accessibility and standard of care in the state.

A primary concern is the rising demand for healthcare services, especially with an aging population. West Virginia has one of the oldest populations in the United States, and as more people reach retirement age, there is an increasing need for medical professionals to manage chronic conditions, provide long-term care, and address the complexities of aging health concerns. However, the supply of healthcare workers has failed to keep pace with this demand, leading to workforce imbalances that challenge the state’s healthcare infrastructure.

Another significant issue contributing to the workforce shortage is the growing number of healthcare professionals leaving the industry. Many nurses and doctors are opting for early retirement or leaving the profession due to burnout and stress, further compounding the problem. High levels of emotional and physical exhaustion, exacerbated by the pandemic, have led to job dissatisfaction among healthcare workers, making it difficult for healthcare facilities to retain their workforce.

Financial pressures have also played a role in the workforce shortage. Many healthcare organisations, particularly smaller and rural hospitals, have been unable to offer competitive salaries or benefits that can attract or retain highly skilled medical staff. As a result, healthcare workers are often lured to other regions or larger urban hospitals, where compensation and resources are more robust.

The state’s government has taken some steps to address these workforce challenges, including offering incentives for healthcare workers to stay in West Virginia or return to the state. Financial incentives, such as loan forgiveness programs and recruitment bonuses, have been introduced, but these measures have not yet led to significant improvements in the overall workforce numbers.

There have been efforts to expand medical training opportunities within the state. Educational institutions have been working to increase the number of graduates in fields like nursing, medicine, and allied health, in hopes of alleviating the shortage over time. However, experts argue that without immediate action to retain existing staff and improve working conditions, these long-term solutions may not have a sufficient impact in the short term.

Health experts have also pointed to the increasing reliance on technology as a potential solution to some of these workforce gaps. Telemedicine and digital health tools have been widely embraced during the pandemic, and their continued use could help mitigate the effects of workforce shortages by allowing healthcare providers to extend their reach and provide care in areas where staffing is limited. However, the success of this approach depends heavily on infrastructure and the ability to integrate these technologies effectively into the state’s healthcare system.

As West Virginia struggles with these workforce challenges, there are growing concerns that the state’s healthcare system may become unsustainable, particularly in its rural regions. These areas are particularly vulnerable, with fewer healthcare facilities and fewer resources available to deal with rising patient numbers. If the shortage of medical professionals is not addressed, these communities could face even greater difficulties in accessing the care they need.

For now, healthcare providers across the state are focusing on strategies to manage the existing workforce more effectively. Many hospitals are implementing measures to reduce staff burnout, such as offering flexible hours, improving work environments, and providing additional support for mental health. Some hospitals are also turning to innovative staffing solutions, including expanding the use of advanced practice providers, such as nurse practitioners and physician assistants, to fill gaps in care.

Despite these efforts, healthcare leaders remain cautious about the future. The workforce shortages are expected to persist unless more substantial reforms are introduced, including increased investments in the healthcare sector, better incentives for workers, and continued expansion of training programs. As the situation evolves, the state’s policymakers and healthcare administrators will need to work collaboratively to develop sustainable solutions that ensure quality care for all West Virginians.

Ducab Group has joined forces with the Mohammed Bin Rashid Housing Establishment in a strategic partnership aimed at enhancing Dubai’s large-scale residential developments with advanced cable solutions. This collaboration marks a significant step in promoting sustainability and advancing infrastructure within the emirate, as Ducab provides an array of high-quality products, including low-voltage power cables, wires, flexible cables, and Flam BICC2 fire-resistant cables.

The partnership comes in response to the UAE’s ambitious push for sustainable development, aligning with the country’s wider vision of creating environmentally responsible and energy-efficient housing. MBRHE, tasked with providing affordable homes to UAE nationals, is focused on modernising its housing projects, making this collaboration a key element in ensuring that their new developments adhere to the highest standards of safety, energy efficiency, and environmental sustainability.

The low-voltage power cables, central to the collaboration, are designed to meet the growing demand for reliable energy supply in urban areas. These cables are essential for transmitting electricity efficiently across residential complexes, enabling the seamless operation of essential services such as lighting, heating, and air conditioning. Flexible cables, which allow for easy installation in a variety of configurations, will also play a vital role in maintaining the safety and durability of the electrical systems within these residential areas.

The incorporation of Flam BICC2 fire-resistant cables adds an extra layer of safety, protecting the residents and properties from potential electrical fires. These fire-resistant cables, which meet stringent international standards, provide superior protection by preventing the spread of fire through the electrical infrastructure, crucial in high-rise buildings and densely populated areas. With fire safety becoming an increasing concern in residential construction, these cables will play an important role in mitigating risks and ensuring the well-being of Dubai’s growing population.

Ducab, a prominent manufacturer of cables and electrical products in the UAE, has a long-standing reputation for providing innovative and reliable solutions for various sectors, including construction, energy, and infrastructure. Its involvement in this partnership strengthens its position as a leading provider of electrical solutions for the UAE’s residential and commercial sectors. The company’s commitment to sustainable practices is evident in its product offerings, which not only meet international quality standards but also incorporate eco-friendly manufacturing processes.

The collaboration with MBRHE also signals Ducab’s continued efforts to support the UAE’s ambitious sustainability goals, including its drive to reduce carbon emissions and promote energy efficiency across all industries. By providing cutting-edge cable technology that adheres to the highest safety standards, Ducab is contributing to the UAE’s goal of building smart, sustainable cities that can meet the challenges of the future.

MBRHE’s role in the partnership is pivotal, as it oversees the construction and delivery of homes for UAE nationals. The establishment is responsible for implementing Dubai’s housing strategy, ensuring that projects are not only cost-effective but also meet the sustainability standards required for long-term success. The inclusion of Ducab’s advanced cable solutions is part of a broader initiative to elevate the quality of these homes, ensuring they are equipped with the latest technology and built to withstand the demands of modern living.

Dubai’s housing sector has seen significant transformation over the past few years, with an increasing focus on green building practices and energy-efficient solutions. This partnership between Ducab and MBRHE is a direct response to this shift, as developers and stakeholders strive to meet the growing demand for sustainable housing options. The project aligns with Dubai’s broader goals outlined in its Vision 2021 and other long-term urban planning strategies, which focus on sustainable development, energy efficiency, and the creation of smart cities.

As part of the collaboration, Ducab’s role extends beyond the supply of cables and wires. The company is also involved in providing technical support and expertise, ensuring that the installation and maintenance of these systems meet the highest standards of quality and safety. Ducab’s commitment to research and development ensures that its products continue to evolve in line with technological advancements and the shifting demands of the construction and energy sectors.

The move to integrate advanced cable solutions into Dubai’s residential projects also comes as the emirate ramps up efforts to bolster its position as a global hub for innovation and sustainability. With growing pressure on governments and industries to adopt more environmentally conscious practices, collaborations like the one between Ducab and MBRHE are essential in driving the change needed to support sustainable urban development.

Qatar has unveiled a significant reduction in business set-up fees, a move aimed at making it easier for entrepreneurs to establish entities within the country’s growing financial hub. The Qatar Financial Centre announced that the application fee for licensing an entity within its platform will be reduced by a staggering 90%, dropping from $5,000 to $500.

This reduction applies specifically to businesses that will engage in non-regulated activities within the QFC, although Single Family Offices are excluded from the fee cut. The new initiative is designed to lower entry barriers and encourage more entrepreneurs and businesses to take advantage of Qatar’s thriving financial ecosystem.

The QFC, a key pillar in Qatar’s economic diversification strategy, has positioned itself as a dynamic platform for both local and international companies seeking to operate in the region. This step reflects the country’s growing emphasis on fostering a more open and accessible business environment, especially as it seeks to attract startups, SMEs, and other entrepreneurs from around the globe.

The decision to slash set-up costs for businesses seeking to operate in the QFC is part of Qatar’s broader agenda to strengthen its competitive edge in the Middle East and North Africa region. By making it easier to establish companies, Qatar aims to tap into the growing demand for financial services and other non-regulated activities.

The move is also expected to benefit those looking to establish smaller, niche companies that might not otherwise have considered Qatar as a viable business location due to high initial costs. Qatar’s commitment to creating a more entrepreneur-friendly landscape aligns with its long-term vision of fostering sustainable growth through diversification and innovation.

Notably, while the QFC’s new fee structure is designed to attract entities with non-regulated business models, it also sends a message to the broader market about Qatar’s evolving role as a business hub in the region. By reducing the cost of entry, the country hopes to level the playing field for businesses of all sizes and industries.

This fee reduction aligns with Qatar’s wider economic reforms, including those that aim to ease regulations on foreign investments, offer tax incentives, and provide better access to capital for emerging businesses. The QFC’s efforts also reflect Qatar’s strategic aim of becoming a more diversified, competitive, and resilient economy, reducing its reliance on traditional sectors such as oil and gas.

In recent years, the country has made substantial strides in creating an environment conducive to growth and innovation. Initiatives like this are likely to play a key role in positioning Qatar as an attractive destination for foreign direct investment , which will be pivotal for future economic expansion.

The move is also in keeping with global trends that see financial centres and business hubs competing to provide the most appealing regulatory and fiscal environments. Qatar is positioning itself to meet the growing demand for digital finance, fintech, and other non-regulated sectors, where opportunities for growth and profitability are seen to be abundant.

In addition to these measures, Qatar’s focus on creating a more transparent and streamlined regulatory environment has been instrumental in its quest to attract international businesses. The QFC offers a competitive range of services designed to simplify processes for companies, including business licensing, tax exemptions, and operational support, further enhancing its appeal to potential investors.

Qatar’s economic diversification strategy is being closely monitored by industry experts, with many recognising the country’s growing importance as a business and financial hub in the Gulf region. By lowering business entry fees and removing traditional barriers to establishment, Qatar is positioning itself as a forward-thinking, business-friendly nation eager to promote entrepreneurship and global investment.

Given its strategic geographical location and political stability, Qatar is increasingly seen as a secure and profitable gateway for businesses looking to access the broader MENA region. The government’s proactive approach to enhancing the business climate, evidenced by the fee reduction, has already yielded tangible results in attracting international investors and business operations to the country.

While the new fee structure is a positive development for the QFC, it is also crucial to consider how it will resonate with other financial hubs in the region, such as Dubai and Abu Dhabi. These cities have long been established as business destinations, with comprehensive support networks and attractive fiscal policies. Qatar’s recent measures indicate an understanding of the need to foster a competitive business environment, but the long-term impact on regional competition remains to be fully seen.

For now, however, the move to significantly reduce business licensing fees is expected to boost Qatar’s image as a modern, progressive economy that is actively seeking to expand its footprint in the international business world. It also reflects the wider trend of economic liberalisation and market-friendly reforms sweeping across the Gulf region.

The Mohammed Bin Rashid Aerospace Hub at Dubai South has reached a milestone in private jet movements, recording an unprecedented 17,891 movements in 2024. This represents a 7% increase from the previous year, cementing Dubai’s position as a key global hub for private aviation.

December alone saw over 2,600 private jet movements, marking a staggering 51% rise compared to the same month in 2023. This surge highlights a sustained upward trend in aviation activity, particularly in the final quarter of the year, as Dubai continues to attract significant international traffic.

Several factors are driving this growth, including Dubai’s reputation as a prime destination for international events, leisure, and business activities. The city’s robust tourism industry further bolstered by the steady rise in international visitors contributed significantly to the increase in private jet movements.

With a remarkable 18.72 million international visitors in 2024, Dubai solidified its position as a world-class destination. The UAE’s strategic positioning, its status as a global tourism hub, and the growing appeal of Dubai’s luxury offerings, ranging from top-tier exhibitions to high-profile business conferences, have all contributed to this surge in air traffic.

The aerospace sector is also benefiting from Dubai’s growing importance as a business and leisure nexus, attracting affluent individuals, celebrities, and executives, all of whom rely on private aviation for the convenience and flexibility it provides. This growth in private jet movements has allowed Dubai to expand its aviation infrastructure, with the MBRAH hub now more equipped than ever to handle the increasing demand.

Dubai’s year-round calendar of events has helped sustain this steady growth in the aviation sector. High-profile events such as the Dubai Airshow, Art Dubai, and the Dubai World Cup continue to draw in crowds from all over the world, while the UAE’s leadership in hosting global conferences, such as Expo 2020, further strengthens its role as a premier destination for global business, tourism, and entertainment.

Dubai’s comprehensive tourism strategy has significantly impacted the private aviation sector. Efforts to bolster the city’s appeal to both leisure and business travellers have been fruitful, as evidenced by the growing number of international visitors each year. This influx has directly translated into increased demand for private jet services, ensuring that the aviation sector remains a key player in the emirate’s economy.

Business aviation’s rise in Dubai is not just a reflection of the city’s appeal but also of broader trends within the private jet industry. Globally, business and leisure aviation have surged in popularity, with a growing number of individuals preferring the privacy, convenience, and speed that private jets offer. The UAE, and Dubai in particular, has been quick to capitalize on these global shifts, positioning itself as a central point for high-end travel.

Dubai’s strategic location in the Middle East plays a pivotal role in connecting travellers to major markets across Europe, Asia, and Africa. The city’s status as an international hub makes it an attractive stopover for private jet users who are travelling to and from distant destinations. The growth of international airlines, combined with the continued expansion of Dubai’s own fleet of business jets, enhances its role as a global leader in aviation.

The growing number of private jets arriving in Dubai has also contributed to an expansion of the city’s aviation infrastructure. The increase in private jet movements has led to enhanced facilities at MBRAH, which has significantly improved its capacity to serve high-profile clients and international travellers. This expansion is part of a broader trend in Dubai’s continuous investments in its aviation industry, which have reinforced its status as a hub for global travel.

Notably, private jet traffic has not just been limited to corporate executives and leisure travellers. A rising number of tourists opting for private jet travel are also contributing to the sector’s growth. Dubai’s luxury hotels, exclusive resorts, and world-renowned shopping centres cater to this affluent group of tourists, further incentivising private jet travel.

The city’s commitment to providing exceptional services for private aviation passengers, including bespoke concierge services and streamlined entry processes, has positioned it as an attractive destination for private jet users. With high-end services and access to luxurious facilities, Dubai has become a go-to destination for those seeking an elite travel experience.

A looming tariff threat from the United States is casting a shadow over multiple sectors in India, including automobiles, textiles, and footwear, with analysts warning that potential hikes in import duties could disrupt trade and economic growth. This growing concern comes amid rising trade tensions between the two countries, which have led to a heightened focus on the viability of Indian exports in the face of stricter US trade policies.

The US administration has indicated that it might impose higher tariffs on goods from India, a move that could significantly affect industries critical to the Indian economy. With the US being one of India’s largest trading partners, the prospect of tariffs on goods such as cars, clothing, and shoes is troubling for manufacturers and exporters alike. According to recent reports, India’s automotive and textile sectors have been identified as particularly vulnerable due to their significant export volumes to the US market.

The automotive sector, which includes both luxury cars and compact vehicles, stands to lose billions of dollars in export revenue should tariffs increase. India is home to several global automotive manufacturers, including Maruti Suzuki, Tata Motors, and Mahindra & Mahindra, which export a substantial number of vehicles to the US. A tariff hike could render these products less competitive, pushing US-based consumers towards locally manufactured or cheaper imported alternatives from other countries. In 2023, India exported nearly $2 billion worth of cars to the US, a figure that could shrink under new tariffs.

Similarly, the textiles industry, another key player in India’s export economy, faces a turbulent future if tariffs are raised. India is the world’s second-largest producer of textiles, with a significant portion of its products headed to the US market. The US is a vital customer for Indian textiles, including apparel, fabrics, and home furnishings. Analysts argue that any increase in tariffs could lead to a decline in demand, as US buyers might seek more affordable alternatives from other suppliers, particularly from countries that currently benefit from lower trade barriers.

The footwear sector is also at risk, with India exporting a wide range of footwear items to the US. Footwear exports have been a growing part of India’s manufacturing output, with the US accounting for a major portion of this trade. A tariff increase could significantly affect manufacturers, especially small and medium enterprises , which depend heavily on the US market for revenue. These companies may struggle to absorb the additional costs imposed by tariffs, leading to potential price hikes or a reduction in exports.

The looming tariff threat is not just about trade barriers; it also reflects broader geopolitical concerns. Trade relations between the US and India have been increasingly strained due to disagreements over various trade practices, including market access, intellectual property rights, and agricultural policies. The US has expressed dissatisfaction with India’s protectionist policies, and this discontent has translated into the threat of tariffs. However, the issue is not only about trade; it also touches on political relations, with both countries vying for greater economic influence in the region.

Trade experts suggest that India could be facing a period of heightened vulnerability, especially as the US underlines its “America First” policy, prioritising domestic industries and reducing reliance on imports. While India has sought to diversify its trade partnerships and strengthen ties with other countries, including the European Union and Japan, the US remains a key economic player. This makes the potential for increased tariffs particularly damaging for India, especially in light of its ambition to boost exports and achieve a higher growth trajectory.

In response to the threat of higher tariffs, the Indian government has ramped up efforts to protect its domestic industries by exploring alternative markets and seeking to negotiate more favourable trade terms with the US. The government has also engaged in diplomatic efforts to reduce trade tensions, hoping to find common ground on issues that could benefit both nations. However, some experts are sceptical about the immediate impact of these negotiations, given the political climate and the US’s growing tendency to assert its economic interests.

The potential consequences of these tariffs extend beyond individual industries. Analysts caution that a tariff hike could lead to inflationary pressures within India, as businesses may pass on the additional costs to consumers. This, in turn, could affect consumer spending and dampen overall economic activity. Moreover, sectors like automotive manufacturing and textiles are major sources of employment, and any disruption in these industries could result in significant job losses, further straining India’s labour market.

For now, industry stakeholders are watching closely as developments unfold. The automotive sector is exploring strategies to mitigate the impact of potential tariffs, including shifting production to other countries or adjusting product lines to cater to the changing demands of US consumers. Similarly, the textiles industry is focusing on increasing its competitive edge by diversifying its offerings and tapping into non-US markets. However, these measures may not be enough to offset the damage caused by a sharp rise in tariffs, which could push both sectors to reconsider their overall export strategies.

German asset management firm Patrizia has secured a licence to open its inaugural office in the Abu Dhabi Global Market , marking a strategic expansion into the Middle Eastern market. This move highlights the firm’s growing interest in tapping into the region’s expanding real estate and investment landscape.

Patrizia’s decision to establish a presence in ADGM, a global financial centre based on the Abu Dhabi island, comes as the firm looks to enhance its footprint in key international markets. The company’s new office in Abu Dhabi will focus on expanding its investor base, strengthening relationships with local partners, and identifying new opportunities in real estate investment management. This initiative aligns with the firm’s broader strategy to diversify its portfolio and engage in markets with strong growth prospects.

The ADGM has emerged as a major hub for international firms looking to capitalise on the Gulf region’s real estate potential. By offering a robust regulatory framework, tax incentives, and a conducive environment for global financial operations, ADGM has become an attractive destination for international businesses. Patrizia’s entry into the market reflects a growing trend of global firms seeking to establish a foothold in the UAE, particularly in Abu Dhabi, which continues to position itself as a critical player in the global financial sector.

In line with this strategic expansion, Patrizia intends to leverage its experience in managing both private and institutional capital, bringing its expertise to the Middle East’s dynamic real estate sector. The firm’s portfolio, which spans residential, office, and retail properties, is well-positioned to cater to the evolving demands of the regional market. By establishing a local office, Patrizia will be able to offer more personalised services to investors, enhancing its ability to respond to the specific needs of clients in the region.

With a presence in key European cities and a strong global network, Patrizia has been at the forefront of sustainable real estate investment. The firm has committed itself to integrating environmental, social, and governance principles into its investment strategies. The Middle East office is expected to serve as a hub for these initiatives, allowing Patrizia to collaborate with local stakeholders on projects that align with the region’s growing focus on sustainable development. Abu Dhabi’s Vision 2030, which promotes sustainable economic growth and diversification, offers a solid foundation for such efforts.

The UAE’s commitment to fostering innovation and sustainability makes it an attractive market for real estate investment. Patrizia’s move to open an office in Abu Dhabi demonstrates its readiness to engage with local government initiatives and contribute to the region’s ambitious development goals. This expansion also comes amid increased interest from international investors in the UAE’s property market, which has seen resilience in recent years despite global economic challenges.

The licensing of Patrizia’s office further cements ADGM’s reputation as a preferred destination for global asset managers and investment firms. The jurisdiction’s legal infrastructure, coupled with its strategic location, has made it an ideal base for businesses targeting the Middle East and beyond. Abu Dhabi, as the capital of the UAE, continues to be a pivotal location for regional financial activities, drawing attention from multinational companies looking to establish or expand their presence in the Middle East.

Patrizia’s office is expected to enhance the company’s capability to manage real estate assets for both institutional investors and private clients in the region. This includes expanding its reach to investors interested in long-term, sustainable investments across asset classes. The firm’s ability to offer tailored solutions for clients, combined with its broad experience in managing diverse portfolios, positions it well to cater to the needs of investors in Abu Dhabi and the broader Middle Eastern market.

Patrizia’s expansion into Abu Dhabi also reflects a broader shift in the financial sector, where firms are increasingly seeking to capitalise on the opportunities presented by emerging markets. The UAE, and specifically Abu Dhabi, has become a vital nexus for investment activity, attracting capital from around the world. With its strong infrastructure and commitment to enhancing its financial services industry, the UAE is positioning itself as a key financial centre for global asset management firms.

Nokia has teamed up with Advanced Communications & Electronics Systems Company for Neutral Host to introduce a cutting-edge indoor solution in Makkah, aimed at significantly enhancing mobile network coverage across both indoor and outdoor environments. This ambitious project, which comes as part of a long-term partnership, is set to revolutionise connectivity in the region, particularly for the millions of pilgrims who visit the holy city each year.

The partnership is focused on the deployment of an advanced, sharable indoor solution that will address growing demand for seamless communication across Makkah’s densely populated areas. This innovative system will provide robust mobile coverage across key locations, from religious sites to residential and commercial buildings, offering reliable connectivity for pilgrims, residents, and businesses alike.

The project comes at a critical time, as Makkah continues to see a surge in the number of visitors, particularly during religious seasons such as Ramadan and Hajj. With millions of people relying on mobile devices for navigation, communication, and services, the need for a comprehensive network solution has never been greater.

Through this collaboration, Nokia and ACE aim to tackle the issue of network congestion, ensuring that visitors have uninterrupted access to mobile services, even in the busiest locations. This will also provide significant benefits for local enterprises, enabling them to optimise operations and enhance the customer experience through reliable mobile networks.

In addition to improving coverage, the solution will focus on providing enhanced data services and faster network speeds, enabling users to stream, communicate, and access information with ease. By leveraging advanced technologies such as 5G, the new system will future-proof the city’s network infrastructure, making it well-equipped to handle the increasing demand for high-speed internet.

The deployment of this neutral host solution will also enable multiple mobile operators to share the same infrastructure, reducing costs while simultaneously improving service quality. This approach ensures that different networks can benefit from the same high-performance coverage without the need for duplicative infrastructure, contributing to more sustainable and efficient network management.

Both companies are leveraging their expertise to create a solution that not only improves the quality of service but also ensures a long-term, scalable approach to meet future demands. Nokia’s vast experience in mobile network technology, combined with ACE’s in-depth knowledge of the local market and its role as a neutral host provider, positions the partnership as a key player in the ongoing development of Makkah’s network infrastructure.

With this project, Makkah is expected to become one of the most connected cities in the world, setting a new standard for network coverage in religious tourism destinations. The solution is designed to meet the specific needs of the region, including high capacity, low latency, and seamless handovers between indoor and outdoor networks, ensuring that visitors and locals alike benefit from a superior mobile experience.

The implementation of this solution also aligns with broader initiatives in Saudi Arabia to modernise its infrastructure in line with Vision 2030, which aims to diversify the economy and enhance the quality of life for citizens and visitors. As part of this vision, the Saudi government has been investing heavily in digital transformation projects, with a focus on developing smart cities and improving connectivity in key locations like Makkah.

This partnership is expected to drive further collaboration between telecom companies and service providers in the region, fostering innovation and accelerating the adoption of new technologies. It also highlights the growing importance of network connectivity in the modern world, particularly in regions that attract large numbers of visitors and where reliable communication is essential for both safety and convenience.

The advanced indoor solution is just the beginning of what could be a series of initiatives aimed at enhancing connectivity in Makkah and beyond. As mobile data usage continues to increase, both Nokia and ACE are committed to ensuring that the city remains at the forefront of technological innovation, providing the best possible service for all users.

GCC countries continue to assert their dominance in global energy markets, securing top rankings across key indicators such as crude oil production, reserves, and natural gas resources. According to the latest figures from the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf , the region remains the leading force in crude oil production and holds vast reserves of both crude oil and natural gas.

The GCC nations, collectively producing approximately 17 million barrels per day of crude oil in 2023, account for an impressive 23.2% of the world’s total crude oil output. Despite facing a 6.8% reduction in production compared to 2022, the GCC still maintains its status as the world’s top producer. The drop in output reflects broader market dynamics, including fluctuating global demand and OPEC’s collective production targets.

The region’s extensive crude oil reserves continue to fuel its position as a key player in global energy, with the GCC countries holding the largest share of these resources. The capacity to produce such vast quantities of oil underpins the economic stability of the member states, whose economies are heavily reliant on oil and gas exports.

In addition to crude oil, the GCC also leads in natural gas reserves, further solidifying its status as a critical energy hub. The region ranks second globally in natural gas exports, with its abundant reserves ensuring a continued supply to major global consumers. The GCC’s gas infrastructure, supported by investments in extraction and export facilities, plays a pivotal role in meeting the growing demand for cleaner energy alternatives.

The latest rankings also highlight the region’s strength in marketed natural gas production, where the GCC countries are positioned third worldwide. This places the Gulf nations among the most significant producers of natural gas, behind only the United States and Russia. As global energy consumption increasingly shifts towards natural gas due to its lower carbon footprint compared to coal and oil, the GCC’s growing role as a supplier of this resource is becoming ever more vital.

Dubai has rolled out a new system for parking fees in designated zones near major event venues. The system, which went into effect today, introduces variable pricing, with rates set to increase during large-scale events. The move is part of ongoing efforts to streamline traffic management and improve the overall visitor experience in high-demand areas, including around the Dubai World Trade Centre .

Under the new policy, parking charges will rise to Dh25 per hour during events, a significant increase from the regular fees, which will remain lower during non-event periods. The increased rates apply to the parking areas closest to key venues, such as those surrounding DWTC, which hosts a variety of international conferences, exhibitions, and events that draw large crowds.

The decision to introduce variable parking fees comes after growing concerns over congestion in the vicinity of these event zones. Dubai’s authorities have been actively working on strategies to manage the influx of visitors to major events, ensuring both the smooth flow of traffic and accessibility to key locations.

Officials explained that the rise in parking fees during events is designed to encourage visitors to use alternative modes of transport, such as public transit, which would help alleviate the pressure on parking spaces. The implementation of this system is also expected to contribute to reducing the environmental impact by promoting greener transport options.

The new fee structure is part of a broader effort to modernise the city’s infrastructure in anticipation of increased demand as Dubai continues to establish itself as a global hub for business, culture, and tourism. The city’s proactive approach to managing its transport systems is also a reflection of its ambitions to maintain high standards of urban planning and sustainability.

While the fee hike may be seen as a necessary adjustment in light of the growing demand for parking, it has drawn mixed reactions from residents and visitors alike. Some express concerns that the increased charges could disproportionately affect those attending less prominent events or those who may rely on parking due to the lack of public transport options in certain areas. Others welcome the change, viewing it as a positive step towards ensuring better traffic management and improving the overall quality of life in high-demand zones.

Transport experts have emphasised the importance of integrated planning when it comes to urban mobility. As Dubai continues to develop and expand, experts suggest that a more comprehensive approach to transport, which includes enhanced public transportation networks and better parking management strategies, will be crucial to maintaining the city’s appeal to both residents and visitors.

The Dubai Roads and Transport Authority has been at the forefront of this initiative, working closely with local authorities to ensure the effective implementation of the new fee structure. RTA has also highlighted the expansion of alternative transport options, such as the Dubai Metro and bus services, as essential components of the strategy to support the city’s growing population and increasing number of tourists.

This change aligns with Dubai’s long-term vision of reducing traffic congestion and carbon emissions. The city’s leaders have repeatedly expressed a commitment to sustainable urban development, with a particular focus on reducing the number of private vehicles on the roads. The introduction of variable parking fees is one of many measures designed to support these goals, encouraging more people to rely on public transportation rather than private cars.

Dubai’s move to introduce variable parking fees is also reflective of a broader trend seen in major cities around the world, where dynamic pricing models have been introduced to manage traffic congestion and improve access to key areas. Cities like London and New York have employed similar strategies to control the flow of vehicles in high-traffic zones, with varying degrees of success.

In addition to the economic and environmental benefits, the new pricing model is expected to have a positive impact on the city’s public transportation system. By encouraging more people to use the Metro or buses, the pressure on parking spaces should be alleviated, making it easier for those who truly need to park to find a spot. This shift is expected to help optimise the use of available infrastructure, benefiting both residents and visitors who rely on public transport for their daily commute or during special events.

The United Arab Emirates is set to engage in high-level discussions with the European Union to bolster international efforts against money laundering and financial crimes. Hamid Al Zaabi, Secretary General and Vice Chairman of the UAE National Anti-Money Laundering and Combatting Financing of Terrorism and Financing of Illegal Organisations Committee, announced the upcoming talks, emphasizing the UAE’s dedication to global financial stability.

Al Zaabi highlighted the necessity of international collaboration, noting that the UAE has already initiated dialogues with the United States and France to develop a comprehensive strategy addressing financial crimes, including those related to narcotics and fraud. He stated, “Through comprehensive preventive measures, the UAE continues to foster a stable and secure economic environment for all.”

This initiative follows the seventh EU-UAE Structural Dialogue on Anti-Money Laundering and Countering the Financing of Terrorism , held in Abu Dhabi in November 2024. The meeting underscored the commitment of both parties to combat financial crimes and enhance international cooperation. Discussions focused on current global trends and challenges in AML/CFT, with both sides expressing a shared determination to strengthen collaborative measures.

The EU emphasized the importance of law enforcement and judicial cooperation between the UAE, EU member states, and relevant EU bodies. The dialogue was co-chaired by representatives from the UAE Ministry of Foreign Affairs, the European External Action Service , the EU Delegation to the UAE, and the European Commission. Plans were made to convene the next round of discussions in Brussels in early 2025.

In addition to these dialogues, the UAE hosted a seminar titled “European Union Sanctions and Enhancing Cooperation to Strengthen Sanction Effectiveness” in Abu Dhabi. The event provided a comprehensive overview of EU sanctions frameworks and explored avenues for enhanced cooperation to ensure the efficacy of sanctions. Attendees included representatives from various UAE public sector entities, reflecting the nation’s commitment to aligning with international standards and practices in financial regulation.

The UAE’s proactive stance is further evidenced by its hosting of the 2024 Asia/Pacific Group on Money Laundering Annual Meeting and Technical Assistance and Training Forum. The event, attended by over 400 delegates from the Asia-Pacific region, served as a platform to coordinate anti-money laundering and counter-terrorism financing technical assistance. The forum welcomed new Development Assistance Partners, including the EU AML/CFT Global Facility, Germany’s Global Program Combating Illicit Financial Flows , and Luxembourg’s Institute for Legal Support and Technical Assistance .

These efforts are part of a broader strategy by the UAE to enhance its financial regulatory framework and international cooperation. In November 2024, the UAE and Sweden signed bilateral agreements on mutual legal assistance in criminal matters and extradition, aiming to strengthen collaboration in combating organized crime. Sweden’s Minister for Justice, Gunnar Strömmer, emphasized that these agreements would reduce criminals’ ability to operate within both countries.

The UAE’s commitment to combating financial crimes is also evident in its recent actions against international criminal networks. The country has been instrumental in targeting the Kinahan cartel, a notorious organized crime group involved in drug trafficking and money laundering. In late 2024, Ireland signed an extradition treaty with the UAE, facilitating the prosecution of cartel members residing in Dubai. This development followed the arrest of Sean McGovern, a key figure in the Kinahan cartel, in Dubai. The treaty represents a significant step in international efforts to dismantle such criminal organizations.

French authorities have been investigating investments by Marseille-based drug dealers in Dubai’s real estate market. Luxurious skyscrapers, such as “Act One” and “Act Two,” have become focal points in judicial investigations into money laundering activities. French drug traffickers are suspected of channeling illicit funds into these properties, highlighting the UAE’s ongoing challenges in preventing financial crimes. The UAE’s collaboration with international partners is crucial in addressing these complex transnational issues.

Dubai’s Museum of the Future recently hosted an array of global dignitaries attending the World Governments Summit 2025, which concluded last week. The summit attracted over 30 heads of state and government, more than 80 international and regional organizations, and 140 government delegations, totaling over 6,000 participants.

Among the distinguished visitors to the museum were President Andry Rajoelina of Madagascar, Vice President Félix Ulloa of El Salvador, Prime Minister Sonexay Siphandone of Laos, and Chairwoman Željka Cvijanović of the Presidency of Bosnia and Herzegovina. These leaders explored the museum’s innovative exhibits, which span themes from outer space exploration to the intricacies of inner space, reflecting the institution’s commitment to showcasing future trends and technological advancements.

The Museum of the Future, celebrated for its avant-garde architecture and often referred to as “the most beautiful building on Earth,” serves as a global platform for intellectual discourse. It aims to foster discussions on future opportunities and challenges, bringing together thought leaders, policymakers, and innovators to collaboratively shape the trajectory of humanity.

During their visits, the delegations were briefed on the museum’s role in promoting knowledge-driven dialogues and its efforts in exploring transformative trends across various sectors. The immersive experiences offered by the museum provided these global leaders with insights into potential future scenarios, emphasizing the importance of proactive governance and international cooperation.

The World Governments Summit 2025, held from February 11 to 13 in Dubai, centered on the theme “Shaping Future Governments.” The event convened a diverse group of participants, including heads of state, ministers, industry leaders, and experts, to deliberate on pressing global challenges and innovative solutions. Key topics encompassed governance, economic development, technological innovation, sustainability, and global health.

His Excellency Mohammad Al Gergawi, Minister of Cabinet Affairs and Chairman of the World Governments Summit Organization, highlighted the summit’s significance, stating that it has achieved its prominent status through a unique and forward-thinking vision. This vision prioritizes proactive future planning as the foundation of effective governance, focusing on empowering individuals and developing thriving communities. It champions international partnerships and collaboration as the most effective way to achieve common goals and ensure prosperity for all.

The summit featured over 200 interactive sessions, addressed by more than 300 prominent figures. Discussions ranged from the integration of artificial intelligence in public services to strategies for sustainable urban development. Notably, the event also hosted 21 global forums that delved into future trends and their implications for governments worldwide.

In addition to the high-profile political figures, the summit attracted leaders from various sectors. Sundar Pichai, CEO of Google and Alphabet; Robin Li, Co-founder and CEO of Baidu; and Larry Ellison, Chairman and CTO of Oracle, were among the notable attendees. Their participation underscored the critical intersection of technology and governance in addressing contemporary global issues.

The Museum of the Future’s engagement with these leaders during the summit exemplifies its mission to be more than just a repository of exhibits. It strives to be an active participant in the global dialogue on shaping the future, providing a space where ideas converge, and collaborative solutions emerge.

The United Arab Emirates has initiated a groundbreaking project to map air corridors and establish regulatory frameworks for piloted and autonomous air taxis and cargo drones. This ambitious endeavour aims to integrate advanced air mobility solutions into the nation’s urban infrastructure, enhancing transportation efficiency and connectivity.

The General Civil Aviation Authority , in collaboration with the Advanced Technology Research Council’s entities—Technology Innovation Institute and ASPIRE—announced the initiative during the World Government Summit 2025. The project is slated for completion within the next 20 months, during which aerial corridors and comprehensive regulations will be defined.

These designated routes are planned to link major international airports with prominent urban landmarks, facilitating the seamless operation of air taxis and cargo drones across the UAE’s cities. This development is poised to alleviate traffic congestion, promote sustainable urban growth, and position the UAE as a leader in advanced air mobility.

Saif Mohammed Al Suwaidi, Director General of the GCAA, highlighted the significance of this milestone: “Air corridor mapping for piloted and autonomous air taxis and drones is a crucial milestone that will enable the seamless implementation of advanced air mobility into the UAE’s infrastructure.” He emphasized that this initiative ensures the safe and efficient adoption of air mobility, paving the way for a smarter, more connected future.

The UAE’s commitment to innovative transportation solutions is further exemplified by its history of embracing cutting-edge technologies. In 2017, Dubai commenced testing two-seater, propeller-driven flying taxis developed by Germany’s Volocopter, marking an early foray into autonomous aerial transport. Building on this foundation, the current project seeks to operationalize such technologies on a broader scale.

In September 2024, U.S.-based air-taxi manufacturer Joby Aviation applied for certification to operate commercial air transport services in the UAE. This move signifies growing international interest in the UAE’s burgeoning advanced air mobility sector. The certification process involves developing operational manuals, facility inspections, and comprehensive training programs for pilots and maintenance personnel, underscoring the rigorous standards set by the GCAA.

Dr. Najwa Aaraj, CEO of TII, underscored the transformative potential of this collaboration: “By advancing airspace management and integrating piloted and autonomous air taxis and cargo drones, we are not only enhancing urban connectivity but also driving sustainable and accessible mobility solutions that will benefit future generations.” TII’s role focuses on developing advanced airspace management systems to ensure the safe integration of these new aerial vehicles into existing urban environments.

ASPIRE, tasked with coordinating among regulators, industry stakeholders, and researchers, aims to create a flexible and diverse transportation system. Stephane Timpano from ASPIRE noted: “Addressing real-time urban mobility challenges through innovative solutions like air taxis and drones is a major step forward.” This initiative is expected to ease pressure on traditional road networks and foster the development of smarter, more resilient cities.

The UAE’s strategic vision encompasses the integration of artificial intelligence and smart automation to manage and optimize these air corridors. This approach ensures predictive maintenance, efficient traffic management, and robust safety protocols, aligning with global trends in smart city development.

Cullman High School seniors Nora Sheffield and Elianna Hollis have been distinguished as National Merit Finalists, a prestigious recognition awarded to high-achieving students across the United States. This accolade underscores their exceptional academic performance and dedication.

The National Merit Scholarship Program annually identifies and honors students who demonstrate outstanding academic abilities. Out of approximately 1.3 million entrants, only about 15,000 advance to the Finalist stage, representing less than 1% of U.S. high school seniors. These students are now eligible for various National Merit Scholarships, which will be awarded based on their abilities, skills, and accomplishments.

Principal Allison Tuggle of Cullman High School expressed immense pride in Sheffield and Hollis’s achievements. “This incredible achievement is a testament to their hard work, dedication, and academic excellence,” Tuggle stated. “Reaching this level of distinction is no small feat, and it reflects not only their academic prowess but also their commitment to personal growth and excellence.”

The journey to becoming a National Merit Finalist begins with the Preliminary SAT/National Merit Scholarship Qualifying Test , which serves as an initial screening for program entrants. Students who score in the top percentile are designated as Semifinalists and must then fulfill several requirements to advance to the Finalist stage. These include maintaining an outstanding academic record, securing a recommendation from a school official, writing a personal essay, and achieving SAT or ACT scores that confirm their earlier performance.

In addition to Sheffield and Hollis, St. Bernard Preparatory School’s senior Willa Smith has also been named a National Merit Finalist. Headmaster Phuong Nguyen announced Smith’s accomplishment during a gathering in the school’s dining hall, highlighting the significance of her achievement. “Out of 3.6 million students who took the PSAT/NMSQT, Willa is among the 15,000 students nationwide who have advanced to Finalist standing,” Nguyen remarked. “This distinction not only recognizes her exceptional academic ability but also qualifies her for National Merit Scholarship opportunities.”

Smith’s peers, faculty, and family celebrated her success with a congratulatory event, acknowledging her hard work and dedication. She plans to attend the University of Alabama in Tuscaloosa, aiming to further her education and pursue her academic interests.

The National Merit Scholarship Corporation is a not-for-profit organization established in 1955 to conduct the National Merit Scholarship Program. Its mission is to recognize and honor academically talented students and to encourage the pursuit of academic excellence at all levels of education. Each year, the NMSC awards approximately 7,500 National Merit Scholarships, worth more than $30 million, to deserving students.

The recognition of Sheffield, Hollis, and Smith as National Merit Finalists brings pride not only to their respective schools but also to the broader Cullman community. Their achievements serve as an inspiration to fellow students, exemplifying the rewards of dedication, hard work, and a commitment to academic excellence.

As these students advance in the National Merit Scholarship competition, they embody the values of perseverance and intellectual curiosity. Their successes reflect the supportive educational environments fostered by Cullman High School and St. Bernard Preparatory School, institutions committed to nurturing the potential of their students.

The National Merit Scholarship winners are slated to be announced between April and July 2025. These scholarships are awarded based on a comprehensive evaluation of the Finalists’ academic records, the rigor of the courses taken, leadership roles, contributions to school and community activities, and other significant accomplishments.

Dubai’s Roads and Transport Authority has completed a significant upgrade to Kite Beach Street in Jumeirah, effectively doubling its capacity and reducing travel time from 15 minutes to just 5 minutes. The project expanded the road from a single lane in each direction to two lanes in the same direction, addressing congestion issues caused by parking and pedestrian pathways.

The RTA announced the completion of this project on February 13, 2025, as part of its ongoing efforts to enhance traffic flow across the emirate. The authority stated that the modifications are in line with continuous efforts towards smoother traffic movement in various areas of Dubai, particularly to manage the high traffic volumes on Kite Beach Road.

In addition to lane expansion, the RTA has introduced extra parking spaces to accommodate the increasing number of visitors to Kite Beach, one of Dubai’s most popular leisure destinations. These enhancements aim to alleviate traffic congestion exacerbated by limited parking and pedestrian activity in the area.

Hussain Al Banna, CEO of the Traffic and Roads Agency at RTA, highlighted that these improvements have played a crucial role in optimizing vehicle movement on major roads while increasing the capacity of road networks as well as entry and exit points. He emphasized that the project aligns with the city’s urban expansion and the need to accommodate growing traffic volumes.

This initiative is part of a broader strategy by the RTA, which completed traffic enhancements at more than 50 locations across Dubai in 2024. These efforts have collectively improved the efficiency of the city’s roads, achieving a 60% reduction in travel time and increasing road capacity by up to 20% in various areas.

The comprehensive plan includes the Dh16 billion Main Roads Development Plan for 2024-2027, unveiled by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council. This plan encompasses 22 strategic projects aimed at bolstering the city’s infrastructure to support Dubai’s expanding population, benefiting over six million residents and enhancing connectivity across the emirate.

Key projects under this development plan include the Latifa bint Hamdan Street and Meydan Road developments, which are expected to boost road capacity and significantly reduce travel times in critical areas. These projects are designed to address the increasing demand on Dubai’s road networks and to facilitate smoother traffic flow throughout the city.

In line with Dubai’s commitment to incorporating technology-driven solutions in public transit, the RTA has integrated AI-powered traffic management systems and autonomous transport initiatives. These advancements are part of the city’s Smart Self-Driving Transport Strategy, aiming to transform 25% of total mobility journeys in Dubai into driverless journeys by 2030.

The city’s road network has seen substantial growth, expanding from 8,715 lane-kilometers in 2006 to 18,990 lane-kilometers, now facilitating 2.2 million daily public transport riders. This expansion reflects Dubai’s rapid urban development and the RTA’s proactive approach to infrastructure planning and traffic management.

The RTA’s continuous efforts to enhance road infrastructure and traffic flow are pivotal in accommodating the city’s growth and ensuring a high quality of life for residents and visitors alike. The successful upgrade of Kite Beach Street serves as a testament to Dubai’s commitment to developing efficient and sustainable urban mobility solutions.

As Dubai continues to evolve, the RTA remains dedicated to implementing strategic projects that address current challenges and anticipate future needs. The integration of advanced technologies and comprehensive planning underscores the city’s vision of becoming a global leader in smart and sustainable transportation.

The recent enhancements to Kite Beach Street not only improve the daily commute for motorists but also contribute to the overall safety and accessibility of the area. By providing additional parking and expanding road capacity, the RTA ensures that both residents and tourists can enjoy one of Dubai’s most cherished beachfronts with greater ease and convenience.

American University of Sharjah has celebrated its 25th annual Global Day, a vibrant two-day event that showcased the rich tapestry of cultures represented within its community. The festivities, aligning with the UAE’s designation of 2025 as the “Year of Community,” underscored the university’s commitment to fostering global understanding and inclusivity.

Her Excellency Sheikha Bodour bint Sultan Al Qasimi, President of AUS, inaugurated the event, emphasizing the institution’s role as a nexus for cultural engagement and international collaboration. This year’s theme, “Bridging Cultures: Building Communities,” resonated throughout the campus, highlighting the transformative power of cultural exchange in nurturing a sense of belonging among the university’s diverse populace.

The celebration saw participation from 36 cultural clubs, marking a significant increase of nearly 25 percent compared to the previous year. These student-led groups transformed the campus into a global stage, offering immersive experiences that spanned history, art, and cuisine. Attendees had the opportunity to traverse various pavilions, each meticulously curated to represent the unique traditions of the 90 nationalities present at AUS.

Venues such as the Main Auditorium and Plaza were abuzz with dynamic performances, interactive activities, and exhibitions. Traditional dances, musical performances, and art displays provided a sensory journey through different cultures, fostering an environment of mutual respect and appreciation.

In her opening remarks, Sheikha Bodour highlighted the importance of such events in promoting dialogue and understanding. “Our diversity is our strength,” she stated. “By coming together to celebrate our unique heritages, we build bridges that connect us and fortify the fabric of our community.”

Students, faculty, and visitors expressed enthusiasm for the event, noting its role in enhancing cross-cultural interactions. “Global Day is a testament to AUS’s dedication to embracing diversity,” said Ahmed Khan, a third-year engineering student. “It offers us a platform to share our traditions and learn from others, enriching our university experience.”

The event also featured culinary delights from around the world, with food stalls offering traditional dishes prepared by students and local chefs. This gastronomic exploration allowed attendees to savor flavors from different continents, further enhancing the multicultural ambiance.

Workshops and seminars were conducted alongside the festivities, focusing on topics such as intercultural communication, global citizenship, and the role of youth in fostering inclusive societies. These sessions aimed to equip participants with the knowledge and skills necessary to navigate and contribute positively to an increasingly interconnected world.