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UAE and Saudi

UAE and Saudi collaborate for cryptocurrency

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Saudi Arabia and the United Arab Emirates (UAE) have announced plans to issue a cryptocurrency for use in cross-border transactions. This, despite the fact...
Dubai Frame

Dubai Frame receives one million visitors in 2018

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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’,...
Abu Dabi; Emirates NBD

Emirates NBD Boosts 2018 Profit 20%, Beats Estimates

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Emirates NBD reported a better-than-expected increase in full-year profit as lending rose and loan loss charges fell at Dubai’s biggest bank. The state-controlled lender recommended...
bank of sharjah

Bank of Sharjah Celebrates 45 Years of Achievements

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

Noor Abu Dubai, world’s largest solar power plant begins operations

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The Dhs3.2bn project is expected to generate 1,177 MW of energy. Abu Dhabi’s Department of Energy has begun operations at the world’s largest independent solar power...
Dell-Emc-Mohammed-Amin

2019: The Year of the Data-Driven Digital Ecosystem

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By Mohammed Amin, Senior Vice President, Middle East, Turkey and Africa at Dell EMC It’s that time of year – our planet has made its...
Etisalat; artificial intelligence

UAE’s Etisalat ties up with firms to develop AI, Blockchain solutions

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Future Now, the innovation programme of UAE-based telco Etisalat, has signed agreements with four companies to develop artificial intelligence (AI) and Blockchain solutions. Yitu Technology,...
UAE

Dubai’s Pledge of 50 – 9 Projects Revealed

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Nine projects revealed by Sheikh Mohammed under ‘Pledge of 50’ A collective of nine projects have been revealed by Sheikh Mohammed bin Rashid Al Maktoum,...
Dubai's Heart of Europe

Dubai’s Heart of Europe project sells out 85% of phase one

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Dubai developer Kleindienst Group announced that it has sold out 85 per cent of the first phase of its $5bn Heart of Europe project...
audi Arabia's Crown Prince Mohammed bin Salman

Saudi Arabia Plans Red Sea Pact as Gulf Interest in Africa Grows

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Saudi Arabia wants to bring several states lining the Red Sea and Gulf of Aden into a bloc to improve trade and maritime navigation,...