The Future Hospitality Summit (FHS) World is set to take place in Dubai from October 27 to 29, 2025, marking its significant 20th anniversary. Organized by The Bench, this summit has evolved into the leading event in the region for hospitality and tourism investment, serving as a hub for global leaders, investors, and innovators. As...
Masdar, the Abu Dhabi Future Energy Company, has announced the completion of its investment agreement for the Valle Solar project, one of the largest solar photovoltaic (PV) installations in Spain. This project, located in the Valencia region, will have a capacity of 234 megawatts (MW) and includes the potential for Battery Energy Storage Systems (BESS)...
The Abu Dhabi Real Estate Center has announced the launch of ‘Madhmoon,’ the first multi-listing property services platform in Abu Dhabi. This initiative is a pioneering effort in the Gulf region and aims to provide a high level of transparency, efficiency, and trust within the real estate market for brokers, developers, and buyers. ‘Madhmoon’ serves...
President His Highness Sheikh Mohamed bin Zayed Al Nahyan engaged in a phone conversation with Faustin-Archange Touadéra, the President of the Central African Republic, to discuss advancing trade partnerships. This dialogue focused on the objectives outlined in the Comprehensive Economic Partnership Agreement (CEPA), which was signed on March 6 during Touadéra’s working visit to the...
Liwa College has officially launched its Master’s in Business Administration (MBA) programme, marking a significant milestone as the institution’s first-ever master’s degree offering. This initiative reflects the college’s commitment to academic excellence and innovation in business education. Enrollment for the programme will open soon, with the first group of students expected to start their studies...
Cambridge Associates has announced its expansion into Dubai, aligning itself with other financial managers eager to access the city’s substantial private wealth. The firm, which specializes in assisting institutional investors such as endowments, foundations, and family offices in managing their investments across various asset classes, received a regulatory license from the Dubai Financial Services Authority...
Lumi AI, an artificial intelligence startup located in the UAE, has successfully raised $3.7 million in a seed funding round led by AgFunder. Other notable investors in this round include Forum Ventures, Abu Dhabi’s sovereign wealth fund ADQ, the Qora71 syndicate, and several angel investors. This recent funding round is a significant milestone for Lumi...
The recent partnership between Warner Bros Discovery and Dubai’s OSN Streaming may indicate a significant shift in the Middle East’s entertainment landscape, according to media insiders. Warner Bros announced on Monday that it would acquire a one-third stake in OSN Streaming for $57 million, a subsidiary of Orbit Showtime Network Group. OSN is one of...
The Abu Dhabi Aviation Group has officially partnered with the US-based Archer Aviation to introduce the electric vertical take-off and landing (eVTOL) aircraft in the UAE and beyond. This partnership aims to deploy the first fleet of Archer’s Midnight eVTOL aircraft globally, with operations expected to commence later this year as part of Archer’s ‘Launch...
BAE Systems, a major British defense company, is in discussions with the Abu Dhabi government-owned Mubadala Development Company to establish an aerospace business in the United Arab Emirates. Simon Keith, the regional managing director of BAE Systems, confirmed the talks during a defense conference in Abu Dhabi, stating that Mubadala expressed interest in developing aerospace...