Browsing: Finance

Food Tech Valley, an initiative led by the UAE government to establish a sustainable food ecosystem, has made significant progress with a new partnership with Spinneys.

Salesforce is expanding its presence by opening a new office in Dubai Internet City, UAE, as part of its strategy to promote artificial intelligence (AI) innovation and customer success, capitalising on the region’s growth potential.

Dubai has announced its ambition for 90 per cent of transactions in the city to be digital as it rolls out a cashless society strategy.

The Ministry of Finance convened the Financial Media Forum today under the theme “Government Financial…

The Cabinet of the United Arab Emirates has officially sanctioned a balanced budget for the…

The limousine transport sector in Dubai is experiencing significant growth, with passenger numbers reaching 37,858,890 in the first half of 2024.

Ras Al Khaimah International Airport (RKT) celebrated a significant milestone on 7th October 2024 with the arrival of Fly Vaayu’s inaugural flight from China. The Airbus A320, registered as A6-RMA in the United Arab Emirates, will operate as Fly Vaayu’s hub at RKT, a key link connecting Asia, Africa, and Europe.

UAE Cabinet has approved the Union General Budget Plan for the fiscal year 2025, under the chairmanship of Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai.

NEOM has announced a partnership with Asas Al Mohileb to establish and operate a SR 700M ($186M) ready-mix concrete facility in Saudi Arabia. This multi-plant factory will primarily supply concrete for the construction of THE LINE, a linear city currently under development in NEOM.

Dubai Holding, the vast investment conglomerate owned by the emirate’s ruler, is considering establishing a real estate investment trust (REIT) to capitalise on the city’s property boom, according to sources familiar with the situation.