A new collaboration between Stellantis, the Abu Dhabi Investment Office (ADIO), and Abu Dhabi Ports Group aims to establish a comprehensive automotive ecosystem in Abu Dhabi. This partnership seeks to enhance the emirate’s position as a key player in the automotive sector, focusing on exports, advanced mobility technologies, and industrial innovation. Strategic Goals of the…
A significant educational development is underway as Almasar Alshamil Education, a UAE-based firm, partners with Heriot-Watt University to establish a new campus in Saudi Arabia. This collaboration aims to enhance educational opportunities in the region, building on Heriot-Watt’s extensive global presence and commitment to student employability. Partnership Details On Tuesday, Almasar Alshamil Education, a subsidiary…
DP World has made a substantial investment in sustainable logistics by expanding its electric internal terminal vehicle (eITV) fleet at Jebel Ali Port. Over the past year, the fleet has increased from 14 to 146 vehicles, positioning it as one of the largest electric port fleets in the Middle East. Environmental Impact and Fleet Details…
Saudi Arabia and Algeria have entered into a significant agreement aimed at enhancing their energy collaboration. This partnership focuses on the exploration and production of hydrocarbons in Algeria’s Ilizi Basin, reflecting a growing commitment to mutual economic interests in the energy sector. Details of the Agreement The contract was signed between Algeria’s state-owned oil company…
A recent ruling from Dubai’s DIFC Court has mandated BR Shetty, the founder of NMC Healthcare, to pay nearly $46 million to the State Bank of India (SBI). The judgment, delivered by Justice Andrew Moran on October 8, highlighted significant discrepancies in Shetty’s testimony during the trial, which took place on September 29. The court…
Gold prices in Dubai have surged to unprecedented levels, reflecting ongoing global economic concerns and heightened demand for safe-haven assets. As of Tuesday morning, the price for 24-carat gold reached Dh502.50 per gram, marking a significant milestone in the precious metal’s upward trajectory. Current Gold Prices On October 14, 2025, 22-carat gold was priced at…
Recent fluctuations in gold prices have captured the attention of investors and consumers in the UAE. Following a significant increase, the price of 24-karat gold is nearing the Dh500 mark per gram, driven by global economic tensions and expectations of interest rate cuts. Current Gold Prices in the UAE As of Monday evening, the price…
The Gitex Global 2025 event has set a new benchmark in the tech industry, showcasing Dubai’s growing prominence as a global technology hub. Launched on October 13 at the Dubai World Trade Centre, this year’s edition features an unprecedented number of exhibitors and startups, emphasizing the critical role of artificial intelligence in shaping the future…
Abu Dhabi is on the brink of a technological breakthrough in emergency response with the introduction of RAAD, an advanced AI-powered vehicle designed to enhance safety and efficiency during emergencies. This innovative vehicle will not only patrol and inspect buildings but also coordinate operations in real time, marking a significant leap forward for the Abu…
Dubizzle, a prominent online classifieds platform in the UAE, is preparing for its initial public offering (IPO). CEO Imran Ali Khan recently shared insights about the company’s growth strategy and future dividend plans, emphasizing a focus on expansion rather than immediate shareholder returns. Growth Focus Over Immediate Dividends During an interview with Gulf News, Khan…