Archer Aviation has set its sights on establishing an air taxi network in Abu Dhabi, focusing on key areas such as the Corniche, Saadiyat Island, and parts of western Abu Dhabi. The company believes these locations are among the most promising for operating its futuristic flying vehicles. Details regarding the specific routes for these air...
Avaloq, a well-established player in private banking, wealth management, and investment management technology, has officially opened its new regional office in the Dubai International Financial Centre (DIFC). This move comes after the company signed a partnership with InvestGB, the wealth and investment management arm of Gulf Bank, and secured another major client in the Gulf...
Dubai’s Roads and Transport Authority (RTA) has introduced the latest LiDAR (Light Detection and Ranging) technology to conduct road assessments and improve the accuracy of data used in digital twin platforms. This initiative aims to support the development of preventive, predictive, and proactive maintenance strategies. The integration of LiDAR technology signifies RTA’s ongoing commitment to...
Turkish enterprise software company Bimser has officially opened its new regional office in Dubai, marking a step in its expansion throughout the MENA region. The Dubai office is set to act as a marketing and sales hub, managing relationships with both partners and customers. Bimser aims to leverage a partner-focused go-to-market model to increase the...
Emirates Airline has reached a notable milestone by transporting over 90 million passengers between Dubai and India since its launch in 1985. This achievement was highlighted during the recent visit of Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai and Deputy Prime Minister of the UAE, to India. His visit,...
Tesla is gearing up to enter the Saudi Arabian market, marking a significant step for the company amidst declining demand in its major markets. The electric vehicle maker is set to showcase its lineup, including the much-anticipated Cybercab and the humanoid robot Optimus, at a launch event in Riyadh. While Tesla has kept further details...
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Deputy Prime Minister and Minister of Defense, announced the opening of the Dubai Chamber’s new office in Bangalore, India. This marks the second office for the Dubai Chamber in India, highlighting the strong economic ties between the two regions. The announcement was...
Scientific & Medical Equipment House Company has successfully secured a Shariah-compliant credit facility agreement valued at SAR 265 million, approximately $70.5 million, with Alinma Bank. The agreement was finalized on April 8, 2025, and is intended to support the company’s ongoing and future projects. The company plans to utilize the funds not only for financing...
HITEK AI, a company within the Farnek group, has introduced its latest innovative solution, the Predictive Maintenance and Anomaly Detection System, now integrated into its CAFMTEK platform. This advanced AI-driven tool aims to enhance the operational efficiency and reliability of mechanical, electrical, and plumbing (MEP) assets, including HVAC and Main Distribution Board (MDB) systems. The...
Saudi Arabia’s state news agency has announced that the country’s oil giant, Aramco, has made significant discoveries by locating 14 new oil and natural gas fields in the Eastern Region and the Empty Quarter. This development is particularly important as many major oil producers are currently facing budget constraints due to low prices in the...