MENA

Saudi Aramco CEO advocates for revised energy transition plan addressing Asia’s needs

He noted that Asia and the Global South are often overlooked in transition plans, impacting the world 

Mohammed Bin Rashid Aerospace Hub, IER MRO Industries partner to open MRO and engine test facility at Dubai South

The new 880,000-square-foot facility will offer gas turbine engine component manufacturing, repairs, and overhauls

Oil prices slide amid Middle East tensions, Chinese demand concerns

Brent crude futures for December delivery fell by 19 cents, or 0.3 percent, settling at $74.10 a barrel

Gitex Global 2024 navigates 5G frontier, unleashes power of AI for hyperconnected future

The event included engaging discussions and exhibitors showcasing transformative products and services

Gitex Global 2024: Dubai Internet City, India’s Nasscom unite to ignite global innovation, cultivate cross-border talent

The collaboration aims to empower the next generation of entrepreneurs to build on the UAE and India's success

Sharjah Islamic Bank profit before tax up 29 percent to $270.1 million for nine months ending September

The bank is diversifying its financing portfolio, with total customer financing at AED36.6 billion

Emirates optimizes commercial portfolios to position for global growth

Emirates recently announced new appointments in its commercial team for key markets in the Middle East and Africa

Etihad Airways enhances European connectivity: Daily services to Düsseldorf and Copenhagen start in 2025

The Düsseldorf route will experience a significant boost as it transitions from its current schedule to daily service

UAE’s PMO formalizes agreements to enhance strategic intelligence for We the UAE 2031

New platform to leverage AI and insights from 2,500 experts and 450 data sources to create government strategies

Gitex Global 2024: Dubai Police teams up with du to introduce innovative AI solutions for enhanced security

This collaboration aims to enhance Dubai Police's decision-making through AI-driven digital solutions

Gitex Global 2024: Ajman Investment Platform launched to promote investment opportunities

The platform seeks to enhance the competitive business landscape and increase productivity in line with Ajman Vision 2030

Oil prices steady amid mixed economic signals from China, strong U.S. retail sales data

Brent crude futures had risen by 8 cents, or 0.1 percent, to $74.53 a barrel

Oman’s OQEP raises $2 billion in IPO

Global institutional support in the Category I offering exceeded OMR1.0 billion (excluding anchors)

Gitex Global 2024: Digital Dubai, e& UAE forge partnership for smart city innovation and talent development through 2026

The partnership will address the needs of Dubai's citizens and businesses with innovative digital solutions

ADNH Catering raises $235.2 million in IPO

ADNH Catering offered 900 million shares, or 40 percent of its capital 

Gitex Global 2024: Dubai’s DET, Network International partner to boost emirate’s digital economy and support SMEs

Strategic partnership aims to increase economic productivity by 50 percent through innovation and digital adoption

Gitex Global 2024: e& UAE, Airbus partner to enhance enterprise communication solutions

The partnership seeks to deliver state-of-the-art communication solutions to the enterprise market

Gitex Global 2024: Sharjah Digital Department launches integrated real estate platform for multi-channel access

"Aqari" digitizes real estate transactions to boost transparency and economic growth in Sharjah with a centralized database

Oil prices modestly recover amid unexpected U.S. inventory draw, Middle East tensions

Brent crude futures for December delivery increased by 0.6 percent to $74.67 per barrel

MENA region’s GDP to rise to 2.2 percent in 2024 amid rising economic, political uncertainty: World Bank

Growth in GCC countries is projected to rise from 0.5 percent in 2023 to 1.9 percent in 2024