investment

Emirates invests $48 million in advanced training systems for 3 full flight simulators

Emirates has 65 A350s and 205 777Xs on order, supporting its growth and enhancing route flexibility

Dubai Islamic Bank issues $500 million additional Tier 1 Sukuk

The issuance drew a diverse investor base, including banks and fund managers from Europe, Asia, and the Middle East

Dubai Department of Economy and Tourism to present innovative initiatives at GITEX Global, Expand North Star

At the event, DBLC will launch solutions to enhance the investor experience and improve business operations in Dubai

COP28 President urges global unity and action at COP29 to advance climate goals, build on UAE Consensus

The UAE Consensus serves as a crucial roadmap for fulfilling the aspirations of the Paris AgreementĀ 

Outstanding global sukuk up 8.5 percent to $900 billion in Q3 2024, says Fitch

Fitch expects rates to reach 4.5 percent at the end of 2024 and 3.5 percent at the end of 2025, boosting Q4 and 2025's issuance activity

Aldar, Expo City Dubai plan $480 million mixed-use development near Al Maktoum airport

Aldar and Expo City Dubai have established a 50-50 joint venture to deliver and own the development

UAE’s MoHAP, SEDD partner to streamline facility licensing in Sharjah

This initiative enhances regulatory services by integrating best practices in digital transformation

UAE’s AI firm G42 to reveal ā€˜Intelligence Grid’ at GITEX 2024

The grid aims to establish a new benchmark for scalable AI solutions across essential sectors such as government, healthcare, and energy

UAE-Oman Hafeet Rail project signs $1.5 billion bank financing deals

A single freight train journey is expected to transport over 15,000 tons of cargo, equivalent to about 270 standard containersĀ 

ADNOC Gas leverages 3D printing for 3,500 components, aiming for $50 million in savings by 2028

The adoption of 3D printing offers a sophisticated digital solution for quickly producing high-quality componentsĀ 

Expand North Star 2024: Dubai Chamber of Digital Economy highlights competitive advantages of emirate’s digital business ecosystemĀ 

The chamber will showcase the top facilities and infrastructure in the emirate for supporting digital startups