The Oman-India Joint Investment Fund – Management Company (OIJIF) has appointed Satish Chavva as its Chief Executive Officer, effective April 1, 2025. The fund is a private equity manager promoted by the Oman Investment Authority (OIA) and the State Bank of India (SBI). This leadership change comes as OIJIF seeks to enhance its operations and...
AMIS Development has officially launched Woodland Crest, a luxury real estate project valued at AED 100 million, situated in the prime location of Meydan Avenue in Dubai. The launch event, held at the Mandarin Oriental Jumeira, attracted over 500 attendees, highlighting the significant interest in the project. Scheduled for handover in the second quarter of...
Dalia Dubai Safari Park has officially opened its gates, offering a new wildlife experience for both residents and tourists. This highly anticipated attraction is designed to showcase a diverse range of animals in a naturalistic setting, making it an ideal destination for families and wildlife enthusiasts alike. The park features various zones that replicate different...
The construction industry in the UAE and Saudi Arabia is projected to experience significant cost increases following new trade tariffs announced by US President Donald Trump. According to the 2025 UAE & KSA Construction Cost Benchmarking Report from Stonehaven, the UAE is expected to face construction cost hikes of 2.7% to 3.3%, while Saudi Arabia...
The United Arab Emirates (UAE) and the European Union (EU) are set to commence negotiations for a comprehensive free trade agreement, as announced by officials from both sides. This initiative aims to enhance economic ties and stimulate growth between the two parties. Sheikh Mohamed bin Zayed Al Nahyan, the President of the UAE, expressed that...
The Crisis Management Technologies Exhibition in Abu Dhabi has set a new global benchmark for the UAE by entering the Guinness World Records for showcasing the largest transparent interactive screen, which spans an impressive 12 567 square meters. This achievement highlights the UAE’s commitment to technological advancements in crisis management. The successful accomplishment was made...
The Roads and Transport Authority (RTA) of Dubai has successfully completed the rollout of free wi-fi services at 29 public transport locations across the emirate. This initiative includes 17 public bus stations and 12 marine transport stations, making it easier for commuters to stay connected while traveling. The free wi-fi is accessible on various devices,...
His Highness Hamdan bin Mohammed, the Crown Prince of Dubai, officially inaugurated the DP World Nhava Sheva Business Park in India. This facility is part of a larger initiative aimed at enhancing trade and logistics between the UAE and India, highlighting the strong economic partnership between the two nations. During the inauguration, His Highness emphasized...
The Global Government Summit has launched a new international partnership with the World Laureates Association to enhance collaboration in various fields. This initiative aims to leverage the expertise of award-winning scholars and scientists to address global challenges. The partnership seeks to create a platform for knowledge exchange and innovation, focusing on sustainable development and the...
Dubai-based carrier flydubai has entered into an agreement with Boeing to retrofit 21 of its 737 MAX aircraft. This upgrade will involve the installation of larger Space Bins, which are designed to increase overhead storage capacity. According to WAM, the agreement was announced during the Aircraft Interiors Expo held in Hamburg. The retrofitting process aims...