The Mohammed Bin Rashid Aerospace Hub (MBRAH), which serves as the aerospace platform for Dubai South, has successfully completed the first phase of its aerospace supply chain zone. This development features a cluster of 1 291 000 square feet, designed to meet the growing demands of the aviation industry. Credit: Government of Dubai Media Office...
Mercer, the investment consulting branch of US services company Marsh & McLennan, anticipates that its wealth division will at least double its assets under management (AUM) in the Middle East. This growth is expected to continue despite current economic challenges. Yasir AbuShaban, a principal at Mercer Wealth based in Dubai, stated that the company aims...
The Federal Authority for Identity, Citizenship, Customs and Port Security (ICP) has confirmed the successful development and testing of advanced biometric identification systems that will eliminate the need for physical Emirates ID cards. This innovative technology uses facial recognition and artificial intelligence, accessible through its smart application, to enhance security, accuracy, and convenience across various...
Celestyal Cruises has signed a significant three-year partnership with the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) to promote Abu Dhabi as a leading cruise destination. This announcement was made during the Seatrade Global event in Miami. The collaboration aims to expand Celestyal’s presence in the Arabian Gulf region by establishing...
Sharjah Airport has successfully renewed its Level 2 “Airport Customer Experience Accreditation” from Airports Council International (ACI). This achievement underscores the airport’s commitment to excellence in the regional aviation sector and its dedication to providing a safe, smart, and seamless travel experience. The Level 2 accreditation is unique worldwide, offering a comprehensive framework for evaluating...
The Department of Health Abu Dhabi (DoH), the regulatory body for the healthcare sector in the Emirate, has partnered with Oliver Wyman, a global management consulting firm, to unveil a significant report titled “Genomics For Longevity.” This report was released during the Abu Dhabi Global Health Week (ADGHW) and explores the transformative potential of genomics...
Abu Dhabi has announced a call for companies to submit bids for a contract aimed at creating a “digital twin” that will facilitate real-time monitoring of air quality in one of the world’s dustiest regions. This digital twin will serve as a virtual representation of the local environment, enabling authorities to simulate various environmental scenarios...
Microsoft showcased its latest AI innovations in healthcare solutions at the Abu Dhabi Global Health Week, emphasizing its commitment to enhancing health and wellness in the United Arab Emirates and beyond. The event, which began today at the Abu Dhabi National Exhibitions Company Centre, is expected to attract over 15 000 health and life sciences...
Australia-based broker IC Markets is taking steps to enhance its presence in the Middle East by seeking a license in the United Arab Emirates. The specific regulatory body that the broker intends to approach within the UAE is yet to be confirmed. This initiative is part of a larger strategy aimed at broadening its operations...
PeopleStrong, a prominent provider of human capital management (HCM) software as a service (SaaS), announced today that Goldman Sachs Alternatives has acquired a majority stake in the company. This investment marks a significant step in PeopleStrong’s growth strategy within the Gulf Cooperation Council (GCC) region, particularly targeting markets in the UAE and Saudi Arabia. The...