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Youth must drive data economies of tomorrow

New PwC report calls on policymakers to engage with their youth to build the data economies of the future Study launched in collaboration...

Dubai Plans Desert City’s First Solar Powered Desalination Plant

Dubai will seek partners this year to build its first solar powered desalination plant as the emirate tries to diversify away from burning fossil...

Dubai Investments acquires stake in Globalpharma for 100% ownership

Dubai Investments announced the acquisition of an additional 66% stake in Globalpharma. Following the acquisition, made through Dubai Investments Industries, the pharmaceuticals company will...

Dubai Royal Backs Cryptocurrency Investor Invao

Dubai royal Sheikh Saeed bin Ahmed Al Maktoum is backing cryptocurrency fund manager Invao as the Liechtenstein-based firm seeks to attract more investors from...

Mid East electric vehicles market set to skyrocket

Electric vehicles have been a sort of an enigma for the last generation, relegated only to sci-fi movies and concept boards of auto giants...

Mashreq’s 2018 net profit stands at AED 2.1 bn

Mashreq, one of the leading financial institutions in the UAE reported a net profit of AED 2.1 bn for the financial year 2018, which...

Waldorf Astoria to open 275-room property in Dubai

Waldorf Astoria’s first ‘city’ hotel in the UAE, it will have 275-room. Waldorf Astoria will open its new 275-room property in Dubai International Financial Centre...

Dubai Frame receives one million visitors in 2018

Dubai Frame the 150 m structure that opened in January 2018 has welcomed more than one million visitors. The structure, designed to resemble a ‘frame’,...

Bank of Sharjah Celebrates 45 Years of Achievements

Bank of Sharjah celebrated at the Jumeirah Beach Hotel – Dubai its 45th anniversary and key milestones achieved in the last half decade. As...

Abu Dhabi’s ADNH signs $440m loan to fund Emaar hotels deal

Abu Dhabi National Hotels (ADNH) and First Abu Dhabi Bank (FAB) have signed an AED1.6 billion loan facility agreement. The agreement will provide ADNH with...

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