Investors from the United Arab Emirates are increasingly looking at India’s dynamic economic landscape for investment opportunities, as highlighted in a recent report by Dubai Chambers during the Dubai-India Business Forum. The report emphasizes that India’s significant economic transformation positions it as a leading global growth center in the coming years. India, which holds the...
Etihad Airways has announced the extension of its partnership with First Abu Dhabi Bank until 2027. This collaboration, which began in 2017, continues to reward Etihad Guest loyalty members with miles for their everyday purchases, enhancing the value for both FAB credit cardholders and Etihad Guest members. As part of the renewed agreement, UAE residents...
Dubai has experienced significant growth in its millionaire population, doubling in size over the past decade to reach 81 200 individuals with at least $1 million in investable wealth. This remarkable increase of 102% makes the emirate one of the fastest-growing wealth hubs globally, according to data from Henley & Partners and New World Wealth....
The United Arab Emirates has unveiled its vision for the national pavilion at Expo 2025 Osaka, Kansai, which will take place in Japan from April 13 to October 13, 2025. This announcement was made during a media briefing organized by the National Media Office in Abu Dhabi. The UAE Pavilion will be located within the...
President His Highness Sheikh Mohamed bin Zayed Al Nahyan has reaffirmed the UAE’s commitment to strengthening trade relations with African nations following the signing of a Comprehensive Economic Partnership Agreement (CEPA) with the Republic of Congo. This trade agreement was finalized after discussions with President Denis Sassou Nguesso in Abu Dhabi’s Qasr Al Bahr, focusing...
Dubai Electricity and Water Authority (DEWA) has reported significant savings of AED 12 million in 2024, thanks to its use of Smart Ball technology, which effectively detects leaks in underground pipelines. This innovative system has prevented the loss of 1.34 million cubic meters of water, addressing issues that traditional detection methods often miss. Since its...
Morocco is set to invite bids for a significant energy storage facility that will have a capacity of nearly 1 600 megawatts (MW). This initiative is part of a long-term program aimed at expanding renewable energy sources within the national power network, as reported by a local newspaper. According to Zawya, the new facility will...
Abu Dhabi witnessed a diplomatic meeting as Sheikh Abdullah bin Zayed Al Nahyan, the UAE Minister of Foreign Affairs, engaged in discussions with the Foreign Minister of Cyprus. This meeting was focused on enhancing bilateral relations between the two nations. During the talks, both leaders explored various avenues for strengthening cooperation in areas of mutual...
The UAE National Programme for Artificial Intelligence has officially launched its sixth cohort, continuing its partnership with the University of Birmingham. This initiative aims to further enhance the skills and knowledge of participants in the field of artificial intelligence. The program is designed to foster innovation and equip professionals with the necessary tools to excel...
First Abu Dhabi Bank (FAB) has emerged as the third-largest banking institution in the Middle East and Africa, with a market capitalization of $41.54 billion. This advancement was marked by a modest increase of 0.6 percent in its market value, reflecting the bank’s competitive standing in a robust financial landscape. The total market capitalization of...