Ramadan effect fuels Middle East mobile app revenues to cross $1.7bn: Report
The activity of mobile applications throughout the region saw a significant lifting door this year, with the rise in purchase income in the application by 18.6 percent year after year…
Dubai real estate sector sees $38.9bn of sales in Q1; top-performing areas, most expensive properties and average price rise revealed
The real estate market of Dubai has continued its buoyant start until 2025, registering total sales by AED142.7bn ($ 38.9bn) in Q1, the second highest registered quarterly figure. This represented…
Dubai Land Department teams up with UAE free zone authority to simplify property ownership
The Dubai Land Department (DLD) and the Ajman Free Zone Authority (AFZA) have signed a group of cooperation set to simplify the roads for colleagues registered in AFZA to ensure…
Air Arabia announces Abu Dhabi to Almaty flights
Air Arabia Abu Dhabi announced the incorporation of a new route without stopping to Almath in Kazakhstan from Zayed International Airport. As of June 3, the new service will work…
Standard Chartered’s SC Ventures to replicate Asia, Africa SME model in GCC
SC Ventures, the innovation of Standard Chartered, Fintech Investment and Ventures ARM, aims to replicate its successful SME construction strategy in India, Southast Asia and Africa to the CCG, and…
UAE strengthens ties with China’s Guangxi Region, focus on tourism, entrepreneurship, transport, and logistics
The EAU and the China Autonomous Region of Guangxi Zhuang explore opportunities to improve bilateral economic cooperation in sectors of mutual interest. The new economy, entrepreneurship, air transport, advanced industries,…
OPEC+: Saudi, UAE, Kuwait, Oman and others announce oil production increase
Saudi Arabia, Eau and Oman have joined other members of the OPEC+ in the decision to increase oil production. The eight OPEC+countries, which previously announced additional voluntary adjustments in April…
Abu Dhabi’s CYVN completes McLaren acquisition with Bahrain’s Mumtalakat
The Cyvn Holdings of Abu Dhabi and the Sovereign Fund of Bahrein Mumtalakat Holding have announced the successful completion of the McLaren Automotive Cyvn acquisition and a non -controlling participation…
Sheikh Hamdan launches MyDubai Communities platform
Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Heir Prince of Dubai, Vice Prime Minister and Minister of Defense of the EAU, and president of the Executive Council of Dubai,…
TAQA and EWEC sign PPA for 1GW as part of $9.8bn giga-scale project
ABU Dhabi National Energy Company (TAQA) has signed a 24-year-old energy purchase agreement (PPA) with Emirates Water and Electricity Company (EWEC) to build, possess and operate the open cycle gas…