Maroc Telecom, which is controlled by the UAE, and its domestic competitor Inwi, owned by Morocco’s royal family, have reached an agreement to settle a long-standing dispute. This resolution includes plans for two joint ventures aimed at expanding and upgrading telecommunications networks across Morocco. This breakthrough is significant for Maroc Telecom, allowing it to reduce...
A Saudi mission focused on studying the human eye microbiome launched aboard SpaceX’s Fram2 flight on Monday night. This groundbreaking study, conducted by Falak for Space Science and Research, aims to examine the bacteria and other microorganisms present in the eye under microgravity conditions. The research team prepared by collecting biological samples of microbial cultures...
Saudi Arabia is preparing to implement significant reforms to its business registration system with the new Law of Commercial Register and Law of Trade Names taking effect on April 3. These changes aim to streamline processes for businesses and enhance the overall business environment in the Kingdom. Abdulrahman Al-Hussein, the official spokesperson for the Ministry...
Several banks operating in the UAE have recently launched a financial calculator within their mobile applications. This tool aims to help individuals track their monthly income against their expenditures, emphasizing the importance of maintaining a balance between the two and avoiding overspending. According to this new service, which is provided free of charge to clients,...
Paul Hastings LLP is establishing a new office in Abu Dhabi to take advantage of the city’s multibillion-dollar investments in sectors like artificial intelligence, energy, and infrastructure. This move aims to position the law firm at the forefront of the evolving market, alongside other top legal firms enhancing their presence in the Gulf region. The...
Ondas (ONDS) has announced that it has secured a purchase order worth $3.2 million from a governmental entity in the United Arab Emirates. This order is aimed at further developing urban autonomous drone infrastructure in the UAE and expanding the existing Optimus drone network. The network is operated by the local government as part of...
The UAE’s beauty industry has experienced a substantial increase in revenue during the holy month of Ramadan. Sales of cosmetics and personal care products have surged as consumers focus on festive glamour for nightly iftars and Eid celebrations. This year, UAE Ramadan sales are projected to reach $10 billion, with beauty products contributing significantly to...
As we approach the 2025 edition of the Arabian Travel Market (ATM) in Dubai, the air connectivity landscape in the Middle East is undergoing a transformative phase. The UAE, Saudi Arabia, and Türkiye are emerging as key global aviation hubs, with their strategic positions set to reshape the future of travel and tourism in the...
Indians working abroad transferred a remarkable total of $129.4 billion back to India in 2024, marking a significant milestone in remittance inflows. The October to December quarter alone saw the highest-ever inflows, amounting to $36 billion, according to recent data from the Reserve Bank of India (RBI). India remains the leading country in receiving remittances,...
Dubai has launched a Salik fee exemption program that allows certain residents and their relatives to apply for a waiver of toll fees. This initiative, introduced by the Roads and Transport Authority (RTA), aims to enhance accessibility and improve the quality of life for residents facing challenges. Eligible individuals for the Salik fee exemption include...