Business

UAE, Korea explore expanding strategic cooperation in energy, nuclear power, emerging technologies

Eng. Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs at the Ministry of Energy and Infrastructure (MoEI), received Kim Jung-kwan, Minister of Trade,...

Tech, crypto firms to help tackle illegal wildlife trade

group of leading international technology, ​crypto and other ​businesses on Monday announced plans to ​help stamp out the illegal trade in wildlife. Announcement made as...

When AI access disappears overnight: The 12 sovereign models India is betting on

The idea of "sovereign AI" has often been dismissed as techno-nationalist rhetoric, an idea which is considered expensive, duplicative and largely unnecessary in a...

Etihad airways, Air France-KLM announce frequent flyer partnership

Etihad Airways, the national airline of the United Arab Emirates, and Air France-KLM Group, today announced a new partnership between their respective loyalty programmes...

MBRHE collaborates with Masdar City on sustainable housing

Masdar City, a pioneering sustainable urban development and tech and innovation hub in Abu Dhabi, and the Mohammed bin Rashid Housing Establishment (MBRHE) have...

Nissan leads $2.5 billion investment to build two more EVs in UK

Nissan will pump 1.12 billion pounds ($1.4 billion) into its British plant to build electric versions of two models, offering a boost to the country’s...

Saudi pharma firm Avalon sets sights on global expansion, aiming to triple exports

Avalon Pharmaceuticals, one of the fastest growing home-grown pharmaceutical companies in Saudi Arabia, has announced plans to continue its advancement with a multi-pronged international...

Yalla Group reports record revenues of AED873.9 million in Q3 2023

Yalla Group Limited has announced a record revenue of AED873.9 million ($237.9 million) for the first nine months of 2023. The latest quarterly financial results...

Dubai Investments reports net profit of AED 817.02 million for the nine-month period ended September 30, 2023

Dubai Investments, the leading diversified investment company listed on the Dubai Financial Market, has reported net profit of AED 817.02 million for the nine-month...

Q Properties awards a AED 584 mn contract to Trojan General Contracting for Reem Hills Phase 1 twin villas

Q Properties, the leading UAE real estate developer and subsidiary of Q Holding has awarded a construction contract worth AED 584 million to Trojan...

Miral announces massive Yas Waterworld expansion

Miral, Abu Dhabi’s leading creator of immersive destinations and experiences, announced on Wednesday a 16,900m2 expansion to Yas Island’s Yas Waterworld. Construction for the expansion...

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UAE, Korea explore expanding strategic cooperation in energy, nuclear power, emerging technologies

Eng. Sharif Al Olama, Undersecretary for Energy and Petroleum...

Tech, crypto firms to help tackle illegal wildlife trade

group of leading international technology, ​crypto and other ​businesses...

When AI access disappears overnight: The 12 sovereign models India is betting on

The idea of "sovereign AI" has often been dismissed...

SEBI board to consider reintroducing open-market window for buybacks tomorrow

A key proposal before the board is to reintroduce...

BMW cuts 2026 profit margin outlook over China slowdown, Middle East costs

German luxury carmaker BMW Group revised down its 2026...