Dubai South’s Mohammed Bin Rashid Aviation project has reported a significant increase in private aviation movement during the first quarter of 2025, recording a total of 5 275 flights. This marks a 15% rise compared to the same period in 2024. This achievement reflects the accelerated development of the private aviation sector and reinforces Al...
Gulf Cooperation Council (GCC) countries accounted for over 35 percent of all emerging-market (EM) U.S. dollar debt issued in the first quarter of 2025, excluding China. This represents an increase from approximately 25 percent in 2024, according to a report by Fitch Ratings. Fitch predicts that this upward trend in GCC debt capital markets (DCMs)...
IHG Hotels & Resorts has announced a management agreement with API Hotels & Resorts to introduce the first Kimpton hotel in the United Arab Emirates. The 280-room Kimpton Dubai is set to open in the first quarter of 2026 and represents the brand’s debut in the emirate, furthering IHG’s regional expansion, which now includes over...
Jazeera Airways has announced a partnership with HTS, the B2B division of Hopper, to introduce two new travel products: Cancel For Any Reason (CFAR) and Disruption Assistance For Any Reason (DAFAR). This collaboration marks a significant development as Jazeera becomes the first airline in the Middle East to offer these innovative fintech solutions, which will...
Next month, the WORKSPACE exhibition will take place at the Dubai World Trade Centre from May 27-29, showcasing the latest trends and innovations in workplace technology, solutions, and acoustic design. The event is expected to feature exhibitors from the USA, Germany, Italy, UAE, Türkiye, and South Korea, presenting a diverse array of products designed to...
The Gulf Cooperation Council Interconnection Authority (GCCIA), alongside the Electric Power Research Institute (EPRI), has initiated a significant workshop in Kuwait titled “Empowering the Future Grid: Exploring the Application of Generative AI in GCC Power Systems.” The event, which began on April 29, 2025, and will continue until April 30, is taking place at the...
FORCESPOT, a reputable value-added distributor of innovative Cyber and AI Security solutions, is preparing to return to GISEC Global 2025. This influential cybersecurity exhibition will be held from May 6 to May 8 at the Dubai World Trade Centre. The company aims to build on the success of its participation in 2024 by introducing an...
Etihad Airways has announced the launch of its new corporate travel programme, Etihad For Business, aimed at enhancing the travel experience for business clients. This initiative was unveiled at the Arabian Travel Market 2025, marking a significant step forward in the airline’s corporate travel services. The new programme features an innovative digital platform designed to...
Artificial Intelligence (AI) is significantly transforming financial reporting and auditing globally, with 72% of companies already piloting or using AI tools. This figure is projected to soar to 99% within the next three years, as highlighted in KPMG’s report titled “AI in Financial Reporting and Audit: Navigating the New Era.” This global trend is also...
Saudi Arabia’s Public Investment Fund (PIF) has reached out to bond investors for the second time this year, continuing its efforts to invest billions of dollars as part of a strategy to reduce the economy’s dependence on oil. PIF is currently accepting orders for a sale of benchmark-sized, U.S. dollar-denominated seven-year Islamic bonds, known as...