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Banking & Finance
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This code promotes integrity, transparency, and fairness in the wholesale foreign exchange market practices
Over three years, 400 women entrepreneurs will receive support to build thriving micro businesses and create jobs
Growth-stage investments accounted for 67 percent of total transactions in 2024, up from 43 percent in 2023
PIF will act as a strategic anchor investor for new private credit and public equity strategies in Saudi Arabia and the wider GCC region
Revenue-generating trips reached 498.1 million for the year, up by 8 percent YoY
Company's board declared a base dividend of $21.1 billion for the fourth quarter of 2024, a 4.2 percent annual increase
Energy
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U.S. President Trump followed through on threats of increased tariffs against China, Canada, and Mexico
The eight OPEC+ countries plan to fully compensate overproduced volumes by June 2026
Strategic shale oilfield development will create jobs and enhance regional economic growth significantly
Company's board declared a base dividend of $21.1 billion for the fourth quarter of 2024, a 4.2 percent annual increase
WTI crude futures dropped by 0.9 percent to $67.64 a barrel
The new entity will be the world’s fourth largest producer of polyolefins
Health
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Healthcare is one industry that has so much potential to shape a nation’s growth
With the unwavering support from Dubai SME, Orthocure Medical Center is now at the forefront with state-of-the-art services including robotic surgery
Initiatives include dedicated portals for health tourists and specialized entry permits
The healthcare leader is helping build a sustainable ecosystem that contributes to the UAE’s prosperity
Response Plus specializes in pre-hospital care, while Burjeel Holdings leads in private healthcare services
Utilizing progressive frameworks and advanced technologies, DHA is ensuring Dubai continues to enhance quality of life and life expectancy
Industry
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This initiative integrates UAE firms like EPI and Strata into the global supply chain effectively
The initiative aims to expand company's portfolio and drive strategic growth
The collaboration focuses on investments in Africa, North America, and Central Asia across the critical minerals value chain
This project will enhance the national economy while advancing sustainability and circular economy goals
This substantial investment underscores the burgeoning growth within the regional sector
McKinsey & Company projects that the global semiconductor market will reach $1 trillion by 2030
Logistics
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The parties will share expertise and consider SACE's $3 billion support for PIF-led projects
Emirates has been serving Malta since 2003 and currently operates a daily flight using a Boeing 777-300ER
If the tariffs stay in place, Mexico plans to announce countermeasures, including retaliatory tariffs, on Sunday
Flights are planned to operate every Monday, Wednesday, Thursday, and Saturday
This emphasizes Dubai’s escalating reputation as a pivotal investment hub for international corporations
Revenue-generating trips reached 498.1 million for the year, up by 8 percent YoY
Markets
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Strong demand led to the order books exceeding 4.3 times and the final issue being oversubscribed by nearly 2.6 times
Trump’s tariffs on products from Canada, Mexico, and China took effect just after midnight ET on Tuesday
U.S. President Trump followed through on threats of increased tariffs against China, Canada, and Mexico
Trump announced 25 percent tariffs on Mexico and Canada, starting Tuesday, and doubled Chinese tariffs to 20 percent
WTI crude futures dropped by 0.9 percent to $67.64 a barrel
The U.S. strategic stockpile will include bitcoin, ether, XRP, solana and cardano
Miscellaneous
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A look at luxury timepieces worth millions
Tesla's CEO accuses OpenAI of straying from its mission to prioritize corporate gain over humanity
Judge Miran's appointment comes days after Sheikh Mohammed presided over the swearing-in ceremony of 34 new judges appointed to the Dubai Courts
Retailer to leverage Google Cloud's data analytics and AI capabilities for enhanced efficiency
With this confirmation, over 1.8 billion Muslims worldwide will start fasting each day from sunrise to sunset
The Technical Inspection Departments will function from 8 a.m. to 5 p.m.
Real Estate
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IPS to showcase latest technologies and smart solutions, reflecting Dubai’s commitment to building sustainable cities
Last month’s total of 16,099 transactions represented a 35.5 percent increase in volume, making it one of the best-ever months on record
In Riyadh, the villa market has seen steady growth, with average prices now approaching SAR6,000 per square meter
Sales transactions since the beginning of the year totaled AED9.8 billion across 2,676 transactions
Designed by HBA, Sensia features angled floor plates for privacy and stunning panoramic views
Owners’ committees play a crucial role in enhancing transparency and ensuring real estate sustainability
Telecom
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Data usage during Ramadan has already increased by 37 percent while voice services increased by more than 18 percent
MWC Doha will be held in November this year with the participation of all MENA and Arab operators
This initiative will boost digital transformation and establish Qatar as a global digital innovation hub
The participation highlights digital investment opportunities, enhances Qatar's tech hub status
The airline reduced aircraft Wi-Fi installation time from three days to 9.5 hours with Starlink collaboration
