Japanese automotive giants Honda and Nissan have confirmed plans to merge, with Mitsubishi Motors joining as a strategic partner. The landmark merger will create a new holding company, set to be ...

Union Properties has commenced construction on its AED 2B ($540M) Takaya project in Dubai Motor City. The development spans 436,175 square feet and overlooks the Dubai Autodrome, featuring a 560-metre ...

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, has issued Decree No. (48) of 2024, establishing the Dubai Resilience Centre. The ...

Further Ventures, based in Abu Dhabi, provided the equity, while Kilgour Williams Capital, Berkley Square, and other unnamed debt financiers supplied the debt funding. The exact value of each ...

The summit’s success was powered by the invaluable contributions of its partners and sponsors, notably the Australasian Fleet Management Association (AFMA), whose partnership highlighted global best ...

His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, approved the emirate’s 2025 general budget, totalling AED 42 billion—the largest in Sharjah’s history ...

Serving as vital platforms for networking and collaboration, IDEX and NAVDEX 2025 will bring together key stakeholders, including government officials, industry experts, and executives, to showcase ...

Elite Group Holding has signed a musataha agreement to build a 1 million square foot integrated facility in Dubai Industrial City, valued at AED 100M ($27.2M). This project aims to drive growth in the ...

The UAE’s Islamic finance sector benefits from a dynamic economy and advanced regulations supporting Sharia-compliant activities. Since the establishment of the first Islamic bank in 1975, the sector ...

The Dubai Future Foundation (DFF) hosted the AI Connect event, bringing together over 60 startups, entrepreneurs, government entities, and investment firms. The initiative aims to accelerate the ...

In a major financial milestone, AD Ports Group has successfully refinanced and expanded its existing Revolving Credit Facility (RCF) from $1 billion to an impressive $2.125 billion. The new facility, ...

UAEV, the UAE’s first government-owned electric vehicle (EV) charging network, will introduce new tariffs for charging services starting in January 2025. This follows the Ministry of Energy and ...