The UAE’s space sector continues to soar to unprecedented heights, with total investments surpassing AED 40 billion ($10.9 billion). As the country takes the lead on ambitious missions to the moon, ...
The Central Bank of the UAE (CBUAE) has opted to keep the Base Rate for the Overnight Deposit Facility (ODF) unchanged at 3.65%. The move follows the US Federal Reserve’s decision announced today to ...
The UAE’s economic narrative in 2026 is incomplete without acknowledging the 50 Most Influential Business Women who are not only participating but leading with distinction across the nation’s most ...
The UAE is accelerating its digital transformation efforts, aiming to double the contribution of the digital economy to the country’s GDP from 9.7% to 19.4%. This was reviewed during a Cabinet meeting ...
International Holding Company (IHC), a global investment group building dynamic value networks across industries, has reported a net profit of AED 19.5 billion for the first nine months of 2025, ...
The Gulf Cooperation Council (GCC) economies recorded a combined real GDP of $466.2 billion by the end of the first quarter of 2025, up from $451.9 billion in the same period of 2023, marking a 3.1% ...
Dubai-based Emirates NBD has launched a USD700 million, seven-year bullet term loan, targeting lenders across Asia. The facility is priced at 100 basis points over term SOFR and includes an accordion ...
The 391-room hotel, located on The Palm Jumeirah, will become part of Arzan Investment Management’s (AIM) growing portfolio and contribute to the launch of its GCC Hospitality Fund platform. This move ...
Nvidia achieved a historic milestone in 2024, emerging as the largest global gainer in market capitalization. Fueled by skyrocketing demand for artificial intelligence (AI) and its AI-focused chips, ...
Abu Dhabi-based Taqa has finalized a $1.2 billion agreement to acquire 100% of GS Inima from GS Engineering & Construction. Headquartered in Madrid, GS Inima specializes in water treatment and ...
Mubadala Capital, backed by the sovereign wealth of Abu Dhabi, is setting its sights on investing in sports assets through a new multi-billion-dollar agreement with TWG Global. This deal will see the ...