electric car

Charging ahead: 63% of UAE residents want to drive EVs by 2025

The vast majority of UAE residents are keen to make the switch to electric vehicles sooner rather than later, according to a new survey.

Abu Dhabi bourse, CASE join hands to boost cooperation

Abu Dhabi bourse, CASE join hands to boost cooperation

The go-live implementation is expected to take place early next year and once operational, investors will gain the ability to directly trade on both exchanges through licenced brokers

Dubai airport expects 4.4 million passengers festive season

Dubai airport to serve 4.4 million passengers this festive season

Dubai International is preparing for an exceptional spike in guest numbers, with an estimated 279,000 passengers on December 22

Tabreed signs Dhs600m revolving credit facility

UAE’s Tabreed secures Dhs600m revolving credit facility

The loan will be used to finance projects and investments that adhere to the cooling firm’s green finance framework

Etihad Rail

Etihad Rail: 9 amazing facts about this growing network

The UAE’s national rail network has made great strides since the project’s inception in 2016

NEOM - UTAMO

Saudi’s Neom announces new destination for art and entertainment

Set to be built along the Gulf of Aqaba, Utamo, is crafted as an immersive destination for art and entertainment

abu dhabi road closure

Abu Dhabi: 8 hour-long road closure for ADNOC marathon on Saturday

The ITC has released details of the closure that will follow the path of the marathon

More than 250,000 subscribers sign up for unemployment scheme

Unemployment insurance: UAE gets tough with fines, work permit bans

The Ministry of Human Resources and Emiratisation says it has started fining workers who have failed to comply with the unemployment insurance system.

UAE money laundering prosecution office

UAE interest rates unchanged after US Fed announcement

The Central Bank of the UAE has said it would keep interest rates unchanged following a similar announcement by the US Federal Reserve overnight.

Dubai unveils unified licence initiative

Dubai launches initiative to boost ease of doing business

The streamlined process contributes to bolstering Dubai’s competitiveness as a business-friendly destination

Abu Dhabi International Airport - UAE megaprojects

7 remarkable megaprojects unveiled in the UAE in 2023

These projects symbolise the UAE’s commitment to innovation, sustainability, and cultural harmony

COP28-DR-SULTAN-AL-JABER-UAE

Countries strike deal at COP28 to transition away from fossil fuels

COP28 President Sultan Al Jaber called the deal “historic” but added that its true success would be in its implementation

PureHealth’s IPO attracts Dhs265bn in orders

PureHealth’s IPO attracts Dhs265bn in orders

The offering drew Dhs186bn in orders from professional investors within the UAE and the region

Saudi Aramco enters Pakistan with a 40% stake in GO

Saudi Aramco to acquire 40% stake in Pakistan fuel retailer GO

The state-energy firm said the transaction is subject to certain customary conditions, including regulatory approvals

QATAR AIRWAYS - NEOM

Watch: Qatar Airways lands its first flight at NEOM Bay airport

Qatar Airways announced two weekly flights to NEOM Bay with Airbus A320 aircraft starting December 9

Landor on the 3Ps of sustainability

Insights: Building businesses on the three pillars of sustainability

Collaboration and shared responsibility are necessary to create a more sustainable future where businesses thrive while ensuring a better quality of life for current and future generations

MBC Group sets price range for IPO, seeks to raise $222m

Saudi Arabia’s MBC Group gets $14.5bn orders for IPO

The pricing of SAR25 per share implies a market valuation of around SAR8.3bn at listing

Dubai Airport chief Paul Griffiths (Photo by GIUSEPPE CACACE/AFP via Getty Images)

Paul Griffiths on Dubai Airports’ bold journey to super-hub status

The head of the airport operator tells Gulf Business how the company is re-engineering every single element of capacity pinch point as Dubai eyes super-hub status

COP28 begins on November 30 Image COP28 X

New COP28 draft deal stops short of fossil fuel ‘phase out’

A coalition of more than 100 countries have been pushing for an agreement would for the first time promise an eventual end to the oil age

UAE green bonds, sukuk issuance hit Dhs15bn

UAE green bonds, sukuk issuance hit Dhs15bn, says SCA

The country has been encouraging issuers to raise green and sustainability-linked bonds, and sukuk to accelerate its transition to a low-carbon economy

Dubai sets up fund to oversee government investments

Dubai sets up fund to oversee government investments

The newly established fund will hold stakes in entities including utility giant Dubai Electricity and Water Authority, toll operator Salik and Dubai Taxi Company

Ali Al Kuwari on embracing smart and sustainable practices in construction

Insights: Embracing smart and sustainable practices in construction

Here’s why modern brands and construction projects must have sustainability and smart features at their core, and not just as an afterthought

James Hartt, director at ad gaming on the growth of abu dhabi as a gaming and esports powerhouse

Insights: Abu Dhabi strengthens its status as a global gaming and esports powerhouse

More than 70 game developers and esports teams are now based in the UAE capital, and this is set to grow rapidly over the coming years

Total passenger traffic rises 64.4% in 2022

Global airlines poised for 2.7% jump in profit in 2024, says IATA

Industry profits will reach $25.7bn in 2024, which is a slight improvement over this year’s $23.3bn

SAXO BANK OUTRAGEOUS PREDICTIONS - 2024

Outrageous Predictions 2024: Saxo Bank picks 8 global events to keep an eye out for

Looking ahead to 2024, Saxo Bank sees a world at an inflection point, with the familiar road of the last decade coming to an end

NEOM launches new food company Topian

Saudi Arabia’s NEOM unveils new food company Topian

The company will spearhead the kingdom’s efforts to ensure food security, mitigate climate change and achieve net-zero emissions by 2060

Eugene Willemsen, CEO Africa, Middle East & South Asia, PepsiCo_Dr. Bob Maughon, Chief Sustainability & Technology Officer, SABIC_Roland Daher, CEO, Astrolabs launch Mega Green Accelerator

Mega Green MENA Accelerator unveiled by PepsiCo, SABIC, AstroLabs

The new initiative aims to nurture the next generation of entrepreneurs in the region to develop solutions to regional and global sustainability challenges

UAE cabinet approves green fuel guideline for aviation

In 2023, the UAE cabinet issued more than 60 policies, initiatives, and decisions to promote the nation’s efforts to combat climate change and its impact

Air Arabia Abu Dhabi launches flights to colombo

Air Arabia Abu Dhabi commences direct flights to Colombo

The airline will connect the UAE’s capital to Colombo with three flights a week on Wednesday, Friday, and Sunday

Thomas Ingenlath, CEO Polestar on decarbonisation

Insights: Why it’s time to drive decarbonisation across the auto industry

To stay on the 1.5-degree pathway for 2050, we have to stop selling fossil fuel cars by 2032 and this means transitioning to BEVs