AIREV, a UAE-based artificial intelligence company, has partnered with Intel Corporation, a global leader in semiconductor technology, to enhance AI capabilities in the Middle East and beyond. This strategic alliance aims to deliver advanced AI solutions that are both high-performance and cost-efficient, catering to the growing demand for AI across various industries. Partnership Overview The…
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…
As Apple concludes its latest iPhone launch, the tech community is eagerly anticipating the company’s next moves in October 2025. Speculation suggests that Apple may unveil refreshed versions of the iPad Pro, MacBook Pro, and Vision Pro, all featuring the new M5 chip. This article explores what to expect from these potential releases. Expected Product…
In a significant move for the healthcare sector, Al Mal Capital REIT has announced the acquisition of NMC Royal Hospital located in Dubai Investments Park. This transaction, confirmed in a statement on Tuesday, represents the first healthcare investment for Dubai’s inaugural listed real estate investment trust. Details of the Acquisition The NMC Royal Hospital spans…
In a spirited initiative to rally support for the UAE national football team, telecom provider e& is offering fans a unique incentive during the match against Qatar. For every goal scored by the UAE, fans with postpaid and Wasel prepaid plans will receive 5GB of free local data, enhancing their connectivity as the team strives…
China is poised to significantly alter the electric vehicle (EV) market with a new regulation that mandates a minimum electric range for plug-in hybrid electric vehicles (PHEVs). Starting January 1, 2026, all PHEVs exported from China must achieve at least 100 kilometers of battery-only range. This move is expected to reshape the automotive industry both…
The Omani Tax Authority has recently provided important updates regarding Value Added Tax (VAT) procedures for businesses importing goods from the UAE and other Gulf Cooperation Council (GCC) countries. This clarification aims to facilitate smoother trade and reduce tax-related complications for Omani companies registered under the VAT system. Key VAT Procedures for Imports Under the…
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…
Etihad Airways continues to demonstrate impressive growth in passenger numbers, reflecting a robust recovery in global travel demand. The UAE’s national carrier reported significant increases in its September 2025 figures, showcasing its effective operational strategies and expanding network. September Performance Highlights In September 2025, Etihad Airways transported 1.9 million passengers, marking a remarkable 21% increase…