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GCC Power Grid Expansion Bolstered by Dhs752m Abu Dhabi Loan

Abu Dhabi Fund for Development has advanced regional energy integration by extending AED 752 million to the Gulf Cooperation Council Interconnection Authority, supporting the expansion of the UAE’s national grid interconnection with the wider GCC electricity…

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Soaring Capacity at Burj Khalifa Metro Station

Dubai’s Roads and Transport Authority, partnering with Emaar Properties, is expanding the Burj Khalifa/Dubai Mall Metro Station to meet mounting passenger demand. The…

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UAE Secures Tenth Spot in World FDI Rankings

The United Arab Emirates drew AED 167.6 billion in foreign direct investment in 2024, climbing to tenth position globally, according to the UN…

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Flynas IPO Falters Amid Regional Tensions

Saudi Arabia’s budget carrier Flynas debuted on the Tadawul at SAR 80, raising SAR 4.1 billion, but shares closed at SAR 77.30—down…

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Oil Prices Surge as Israel Strikes Iran

Oil benchmarks surged on Friday following a major Israeli military operation in Iran, sparking fears over potential disruptions to Middle Eastern…