Beam Global (NASDAQ:BEEM) has announced a joint venture agreement with the Platinum Group, a company based in the United Arab Emirates (UAE). This collaboration aims to create Beam Middle East, which is expected to enhance Beam Global’s presence in the region. The joint venture will focus on advancing renewable energy solutions and promoting sustainable technologies...
Dubai, UAE; 25 June 2025: Mashreq, a leading financial institution in the MENA region, has announced the opening of its new representative office in Türkiye. This expansion emphasizes Mashreq’s commitment to supporting Turkish financial institutions and corporations, enhancing its operational presence to a total of 15 countries. As one of the largest correspondent banks in...
The International Monetary Fund (IMF) has disbursed $834 million to Jordan in two tranches to aid the country’s economic initiatives. This funding includes an immediate access of $134 million following the completion of the third review of Jordan’s External Fund Facility (EFF), which supports Amman’s economic program. Additionally, the IMF approved an extra $700 million...
The Department of Government Enablement – Abu Dhabi (DGE) has launched the Al Jadaara Leadership Development Program, a strategic initiative aimed at developing high-potential leaders who embody the emirate’s core values. This program is designed to equip participants with the skills necessary to advance Abu Dhabi’s long-term vision and to meet the challenges of the...
Flydubai is making headlines as the first foreign airline to restart its Tel Aviv-Dubai flights following the reopening of Israel’s airspace. This significant development comes in the wake of a ceasefire agreement between Israel and Iran, marking an important moment for the recovery of regional aviation. By resuming its twice-daily service, Flydubai not only demonstrates...
Sharjah recently hosted a high-level meeting at the House of Wisdom, organized by the Department of Government Relations (DGR) and attended by a delegation from the British Embassy. This meeting focused on enhancing collaboration in several key areas, including culture, education, and the creative industries, aligning with Sharjah’s 2025 development goals aimed at fostering stronger...
A significant private sector partnership is set to advance the UAE’s ambitions in the global space race by developing reusable rockets. Aspire Space, a European aerospace company, is moving its headquarters to the Emirates and collaborating with Dubai-based Leap 71 to create a two-stage rocket system. This vehicle is intended to transport up to 15...
The UAE Central Bank has announced a six-month suspension of a bank’s Islamic window from onboarding new customers. This decision also includes a fine exceeding Dh3.5 million ($953 632) due to the bank’s non-compliance with Sharia governance rules. An Islamic window refers to a unit within a conventional bank that allows customers to engage in...
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, is representing the UAE at the Supreme Eurasian Economic Council meeting in Minsk, Belarus. He is attending this significant event on behalf of President His Highness Sheikh Mohamed bin Zayed Al Nahyan. The meeting is scheduled for Friday, 27th June...
As young people increasingly seek mental health support from artificial intelligence, the advantages and disadvantages of this technology are being discussed by medical professionals. A recent survey by the Oliver Wyman Forum indicated that 36 percent of Generation Z and millennials would consider using AI for mental health assistance. One individual shared that she views...