The Gulf Commodity Exchange, recognized as the first international exchange for futures and commodities in the Middle East, has announced a memorandum of understanding with the Shanghai Futures Exchange (SHFE). This agreement aims to establish a framework for strategic cooperation between the derivatives markets in the Middle East and China. The memorandum focuses on enhancing...
Abu Al Naga Real Estate Development has officially commenced work on three significant residential projects located in Dubailand, Bu Kadra (New Horizons), and Al Furjan. This initiative reflects the company’s strong belief in Dubai’s favorable investment climate and its robust real estate demand. According to Mohamed Abu Al Naga, the CEO of Abu Al Naga...
The 11th World Green Economy Summit (WGES) will take place on 1-2 October 2025 at the Dubai World Trade Centre. This event is organized under the patronage of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The theme for this year’s summit is ‘Innovating...
The Sharjah Cyber Security Center, part of the Sharjah Digital Department (SDD), has signed a memorandum of understanding (MoU) with Fortinet Inc., a leading global cybersecurity solutions provider based in the United States. This partnership aims to strengthen the cybersecurity ecosystem in the Emirate of Sharjah and enhance national capabilities to combat cyber threats. The...
Dubai International Financial Centre has successfully sold all 366 residential units at the newly launched DIFC Heights Tower within just two days. Public sales commenced on April 16, and by April 18, all units were sold out, highlighting the high demand for premium residential properties in Dubai’s financial district. The DIFC Heights Tower occupies the...
Dubai’s Roads and Transport Authority (RTA) has announced plans to begin a trial of 50 driverless taxis in the coming months. This initiative is a significant step towards the official rollout of an autonomous taxi service expected in 2026. A Memorandum of Understanding (MoU) has been signed between RTA and Baidu’s autonomous ride-hailing service, Apollo...
Riyadh Air, Saudi Arabia’s new airline, has showcased its highly anticipated cabin interiors, which aim to redefine the premium travel experience. The inaugural flights are scheduled for later this year, marking a significant step for the airline. Positioning itself as the world’s first digital-native airline, Riyadh Air adopts a bold “no legacy” approach. It combines...
President His Highness Sheikh Mohamed bin Zayed Al Nahyan has received an official invitation from Iraqi President Dr. Abdul Latif Jamal Rashid to attend the upcoming Arab Summit. This significant event is scheduled to take place in Baghdad on May 17. The invitation was presented to Sheikh Mohamed during a meeting with Iraq’s Deputy Prime...
The Ministry of Energy and Infrastructure is participating in the fourth edition of the Electric Vehicles Exhibition and Conference, taking place in Abu Dhabi from April 21 to 23. This event aims to highlight advancements in the electric vehicle sector. Engineer Sharif Al Olama, the Undersecretary for Energy and Petroleum Affairs at the ministry, stated...
The UAE’s National Human Rights Institution (NHRI) hosted a high-level delegation from the European Parliament at its Abu Dhabi headquarters, focusing on advancing joint efforts in human rights. Maqsoud Kruse, Chairperson of the NHRI, and Dr. Saeed Al Ghfeli, its Secretary-General, welcomed the delegation. They shared updates on the institution’s progress and its plans to...