The UAE-based bank CBI has announced its strategic investment in Boomitra, an award-winning carbon project developer and Earthshot Prize laureate. The partnership aims to advance regenerative agriculture across the Middle East, Africa, and Asia by deploying cutting-edge AI-enabled solutions to empower farmers and strengthen climate resilience.
FedEx has introduced its FedEx International Connect Plus (FICP) service in the UAE and Saudi Arabia, a move set to enhance the region’s e-commerce sector. Designed for e-commerce packages weighing up to 20 kg, FICP aims to empower regional e-tailers by offering a balance of speed and affordability.
A new analysis of 17.3 billion emails reveals that Middle Eastern consumers increasingly demand personalised digital experiences. With the region adopting a digital-first approach, email marketing remains a key channel for brands aiming to generate ROI.
Dubai’s Roads and Transport Authority (RTA) has revealed the finalists for the 4th Dubai World Challenge for Self-Driving Transport 2025. Five organisations (consortiums and companies) have advanced to the final stage.
Emirates Global Aluminium (EGA) has announced that it has recruited 113 Emirati women in 2024, representing more than half of the total 220 UAE Nationals hired during the year.
One of the top private developers in the UAE, Damac Properties, will invest $20bn in US data centres. The investment, made through Damac Group’s fully-owned subsidiary EDGNEX, feeds into an existing boom for constructing data centres used in the development of AI and the expansion of cryptocurrency.
The UAE has solidified its position as a leading global passport, ranked among the top 10 most powerful passports in the world, according to the just-released 2025 Henley Passport Index.
The investment bank EFG Hermes has completed its advisory role on the IPO of Nice One, the Saudi Arabia beauty and personal care e-commerce platform. This marks the first e-commerce platform to be listed on the main Saudi Exchange (Tadawul).
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 key growth market for US tech firms, driven by its 1.4 billion population and affordable internet access.
The UAE has set a historic record in its aviation sector, surpassing one million air traffic movements in 2024, according to the General Civil Aviation Authority (GCAA). This achievement was marked on December 22, 2024, with the arrival of Emirates Flight 305 from Shanghai, officially recording the one-millionth movement.
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