Motorists in the UAE will benefit from lower fuel prices in April, as confirmed by the UAE Fuel Price Committee on Monday. The price of Super 98 petrol will decrease to AED 2.57 per litre, down from AED 2.73 per litre. Additionally, Special 95 will fall to AED 2.46 per litre from AED 2.61, while...
HealthHub, a healthcare facility under Al Futtaim Health, has earned a prestigious Platinum accreditation, reflecting its commitment to excellence in the healthcare sector. This accreditation is a significant recognition of the high standards and quality of care provided at HealthHub. The achievement highlights HealthHub’s dedication to delivering superior healthcare services and ensuring patient safety and...
Banks are poised to report substantial trading revenues in the first quarter of 2025, driven by a volatile market that has sparked increased investor activity. According to BCG Expand, a research and data provider owned by Boston Consulting Group, the total revenue pool for global markets is expected to expand at an annual rate of...
Chinese technology firm Baidu plans to introduce an autonomous ride-hailing service in the UAE by the end of 2025. This initiative will be executed through its unit, Apollo Go, which has signed an agreement with Dubai’s Roads and Transport Authority (RTA) to commence testing and offering autonomous driving services in the emirate. As part of...
Uganda has officially signed an agreement with UAE-based Alpha MBM Investments granting the company a 60 percent stake in a new crude oil refinery located in Kabaale, Hoima District. This significant development was announced by President Yoweri Museveni’s office in a statement released on Saturday. The refinery is designed to process 60,000 barrels of oil...
A new dialysis centre has been inaugurated in Abu Dhabi, aimed at offering free treatment to residents suffering from kidney failure. The SEHA Abu Dhabi Dialysis Centre was launched by the Authority of Social Contribution – Ma’an, which serves as the official platform for social contributions in the Government of Abu Dhabi. This initiative was...
Demand for homes in the super tall towers being constructed in the UAE is on the rise, with developers anticipating billions of dirhams in sales from these luxurious properties. The trend is largely driven by an influx of ultra-wealthy residents moving to the Gulf region, which has created a strong market for high-end real estate....
Sonic Labs has decided to cancel its plans for a US dollar-pegged algorithmic stablecoin and is now focusing on developing a stablecoin denominated in United Arab Emirates dirhams. This strategic shift was announced after co-founder Andre Cronje had previously mentioned the potential for a US dollar stablecoin with an annual percentage rate (APR) of up...
JetSynthesys, a digital entertainment and technology company based in Pune, is poised to expand its operations into the West Asia region as part of a strategy to take its e-sports offerings global. This move aligns with the recent announcement by the International Olympic Committee (IOC) to host the Olympic Esports Games in 2027, with the...
The UAE’s Comprehensive Economic Partnership Agreement (CEPA) programme, launched in September 2021, has successfully established 26 agreements with strategically important countries and international groups by the end of the first quarter of 2025. This initiative aims to strengthen the UAE’s economic position both regionally and globally. In 2025 alone, the UAE has signed five new...