Gulf Cooperation Council (GCC) countries are set to spend more than $542 billion in 2025, outpacing projected revenues of $487.8 billion. The figures, released by the Statistical Centre for the ...

In a strategic move that deepens its imprint on Dubai’s most prestigious precinct, OMNIYAT has announced the acquisition of Marasi Bay Island, a landmark addition to its ultra-luxury portfolio in the ...

EIGHTClouds is a boutique alternative investment firm based in Dubai, specialising in Private Equity, Credit, and Real Estate, throughout the GCC. The capital injection will support the company’s ...

The United Arab Emirates and Serbia have officially launched their Comprehensive Economic Partnership Agreement (CEPA), signalling a major step forward in bilateral trade relations. This strategic ...

The Dubai Future District Fund (DFDF) has revealed a significant update on its performance in 2024 at its Annual General Meeting, disclosing capital commitments exceeding $1.65 billion and support ...

As the summer season approaches, the UAE fuel price committee has revealed the new fuel prices for June 2025. Fuel prices play a crucial role in daily transportation costs and have a direct impact on ...

The Abu Dhabi Fund for Development (ADFD) has announced that its total development financing reached AED 216.5 billion by the end of 2023. This funding has supported economic and social advancement ...

Acting on the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, in his capacity as Ruler of Abu Dhabi, H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu ...

NMDC Group, a UAE-headquartered energy and marine services firm, has confirmed its acquisition of a 70% stake in Maritime Industrial Services. The strategic move is intended to strengthen its ...

The UAE is set to send the Rashid 2 Rover to explore the far side of the Moon in 2026. This mission marks a significant milestone in the nation’s growing role in space exploration. Sheikh Hamdan bin ...

Pakistani-origin fintech ABHI-Middle East has teamed up with LuLu Financial Holdings, a global leader in financial services, to enhance financial inclusion and remittance solutions in the UAE. The ...

EDGE Group, a global leader in advanced defence technology, has signed a record-breaking AED9 billion (US$2.45 billion) contract with Kuwait’s Ministry of Defence. Under the deal, EDGE will supply ...