The Dubai Electricity and Water Authority (DEWA) has officially launched ‘DEWA International’, a new independent subsidiary that will focus on developing energy and water projects across the globe. This initiative was announced by HH Sheikh Ahmed bin Saeed Al Maktoum, the Chairman of the Dubai Supreme Council of Energy, highlighting Dubai’s commitment to expanding its...
The telecommunications giant E& from the UAE has announced its decision to divest its stake in Vodafone for an estimated $5.95 billion. This significant move signals the company’s strategic shift as it seeks to optimize its portfolio and focus on key growth areas within the telecommunications sector. French telecom billionaire Xavier Niel is poised to...
The UAE is experiencing unprecedented levels of foreign direct investment (FDI), yet the nation’s competition for global capital in crucial sectors such as artificial intelligence and renewable energy is intensifying. According to the nation’s Minister of Investment, as global investment patterns shift and become more fragmented, the UAE must work harder to attract and secure...
The overseas secondary aluminum market experienced a notable shift in the first half of 2026. Key factors contributing to this change include a reduction in supply driven gains, primarily attributed to easing geopolitical tensions, coupled with a persistent weak downstream demand. The dynamics have influenced the overall market landscape, prompting a reevaluation of strategies within...
The Federal Tax Authority (FTA) of the UAE has released clarifications regarding corporate tax regulations, addressing 15 frequently asked questions from businesses. This initiative is aimed at demystifying the corporate tax landscape for various entities, including those operating within Free Zones, foreign companies, partnerships, as well as investment funds and family offices. In recent months,...
Over the last five years, waterfront properties in Dubai have experienced a remarkable appreciation in value, soaring by over 140%. This surge is largely attributed to a heightened interest from investors seeking exclusive coastal properties that offer not only luxury living but also wellness-focused lifestyles. The shift towards remote work and a global emphasis on...
Throughout history, major economic shifts have been characterized by fierce competition over critical resources. The 19th century hinged on coal, fueling the expansion of the British Empire, while the 20th century saw oil as the linchpin that shaped geopolitics in the modern Middle East and American influence after World War II. As we navigate the...
Standard Chartered has announced the launch of a new investment fund specifically designed for affluent clients in the UAE, with a strong focus on opportunities within Asian markets. This strategic initiative is aimed at seizing the potential for long-term growth in the region, reflecting the bank’s commitment to enhancing its wealth management services in the...
The global ISO tank container market is on track for significant growth, with projections estimating an increase from approximately USD 2.03 billion in 2025 to around USD 5.03 billion by 2035, translating to a compound annual growth rate (CAGR) of 9.5% from 2026 to 2035. This upward trend reflects the rising demand for efficient transportation...
The Global ISO Tank Container Market is poised for significant growth, projected to increase from approximately $2.03 billion in 2025 to about $5.03 billion by 2035, representing a compound annual growth rate (CAGR) of 9.5% from 2026 to 2035. This surge in demand highlights the critical role ISO tank containers play in the transportation and...