EGA targets greater female representation
Emirates Global Aluminium (EGA) has announced that it has recruited 113 Emirati women in 2024, representing more than half of the total 220
News
Economy
News
Damac invests $20bn in US data centres
One of the top private developers in the UAE, Damac Properties, will invest $20bn in US data centres. The investment, made through Damac
Economy
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UAE passport gets stronger in 2025
The UAE has solidified its position as a leading global passport, ranked among the top 10 most powerful passports in the world, according
Economy
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Saudi beauty brand debuts on stock market
The investment bank EFG Hermes has completed its advisory role on the IPO of Nice One, the Saudi Arabia beauty and personal care
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Microsoft’s $3bn India cloud investment
Microsoft plans to invest approximately $3bn to enhance its AI and Azure cloud-computing services in India. This move underscores India’s importance as a
Economy
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UAE hits record 1m air movements in 2024
The UAE has set a historic record in its aviation sector, surpassing one million air traffic movements in 2024, according to the General
Economy
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Zand and Klickl innovate in UAE banking
A new collaboration between Zand bank and Klickl International will highlight Zand’s commitment to integrating cutting-edge technology with financial services, addressing the growing
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Real Estate
New phase of $108m Al Mamzar Beach project
Dubai Municipality has awarded contracts for the second phase of the Al Mamzar Beach Development Project. Spanning 125,000 sq. metres, it is expected
Economy
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Dubai tops region in Global Power City Index
Dubai has ranked first in the Middle East and eighth globally in the new 2024 Global Power City Index (GPCI). The index was
Entrepreneur
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Qatar’s Digital Lab enables blockchain collabs
A new collaboration at the Digital Assets Lab at Qatar Financial Centre aims to make distributed ledger technologies (DLT) accessible to organisations worldwide.