The drive for economic diversification and state-backed initiatives together with financial support for startups is fuelling Middle East’s venture capital industry
The two deputy rulers of Dubai were named with the issuance of Decree No 21 of 2023
Monarch Holding and EHang Holdings have signed a partnership agreement to establish the facility in the region
The resort will feature 225 guest rooms and suites with terraces overlooking the beaches of the Red Sea
The agreement will mark the first phase of Al Ghurair Foods division’s investments in KEZAD
The bank reported an operating profit of Dhs1.8bn, up 96 per cent compared to the same period a year earlier
The new facility is a stylish and spacious contemporary space that is aimed at ensuring a hassle-free check-in experience for passengers
The Islamic bank made a profit of Dhs1.1bn in the three months to March 31, up from Dhs715m in the same period last year
The banking group’s operating income jumped 51 per cent YoY to reach Dhs6.7bn compared to Dhs4.5bn in the first quarter of 2022
The agreement will serve as a catalyst to increase and diversify bilateral trade by substantially eliminating tariffs, reducing non-tariff trade barriers and promoting trade
Jessica Wong, managing partner at eWTP Arabia Capital looks at how Saudi Arabia is uniquely placed to leapfrog innovation hurdles and build businesses with global impact
The new Premier models are available on either a crocodile leather strap or a stainless steel bracelet
Aman Wadi Safar will include 78 keys, while Janu Diriyah will feature 120 guest rooms
Non-oil bilateral trade between the UAE and EU amounted to $56bn in 2022, achieving growth of 9.3 per cent
The authorities reminded non-compliant companies that they faced half-yearly fines of Dhs42,000 for every Emirati not hired
Xlinks will use the proceeds to undertake the development of plans to lay the world’s longest high-voltage direct current subsea cables between the UK and Morocco
It includes an all-new flight on the Delhi-Dubai sector which will commence from April 29
The developer shares the same vision as the authorities in Saudi Arabia and the company plans to open an office in Riyadh in Q4 2023
The project already has equity bridge loans of $14m from the EBRD and $45m from the APICORP
The firm which holds more than 25 subsidiaries is chaired by Sheikh Hamdan bin Mohammed bin Zayed Al Nahyan
The bespoke studio is equipped with the latest cutting-edge sports technology and the venue includes two practice bays with large launch monitors
The 131-key Cheval Maison – The Palm includes one-three bedroom apartments
The airline said tickets to Montréal go on sale today for flights starting July 5 and can be booked on its website, the Emirates App or through travel agents
The marathon will return for its 23rd edition on January 7, 2024
The buyer, who doesn’t live in the UAE, is planning to build a family vacation home on the property
The farm is expected to generate 10kg of produce daily and has a 41 sqm footprint
The boutique hotel will feature 35 guest rooms and is expected to open to by Q4 2023
The metro has a fleet of 129 modern trains that caters to the mobility needs of the community across the city’s 53 metro stations
The total purchase consideration for the acquisition of 100 per cent ownership amounts to $26.7m with an upfront payment of $17.1m
The cafe in the new North Node offers a wide selection of sweet inventions including Oreo milkshakes, muffins and cheesecakes