Cleveland Clinic Abu Dhabi, part of the M42 group, is celebrating a decade of contributions to complex care in the region. Since its opening in 2015, the hospital has set new benchmarks and strengthened Abu Dhabi’s status as a global medical leader. Over the past ten years, Cleveland Clinic Abu Dhabi has treated more than...
The United Arab Emirates’ General Civil Aviation Authority (GCAA) has launched a pioneering regulation that establishes national standards for certifying air navigation service providers for unmanned aircraft. This new framework, known as CAR Airspace Part Uspace, is the first of its kind in the region, aiming to ensure that organizations offering drone air navigation services...
Energy Capital Group (ECG), a Saudi investment firm focused on industrial services and global technologies, has completed the full acquisition of MT Enterprises through its ECG2.0-Fund2. This acquisition bolsters ECG’s industrial services platform and aligns with its commitment to local content development, technology transfer, and sustainable job creation, supporting the goals of Saudi Vision 2030...
Students in the UAE have access to nearly Dh1 billion in higher education scholarships, as universities change the traditional admissions process by proactively reaching out to potential candidates. The GEMS For Life programme, in partnership with global universities and admission platforms, is at the forefront of this initiative, providing significant scholarship opportunities to students across...
The total value of debt securities listed on Nasdaq Dubai has crossed $136.2 billion, following the recent issuance of a $1 billion sukuk by the Government of Ras Al Khaimah. This latest listing brings the total value of sukuk on the exchange to over $92.7 billion, solidifying Nasdaq Dubai’s status as a leading global hub...
The Federal Tax Authority in the UAE has announced that the end of March will be the final deadline for registered businesses to update their tax records without incurring administrative penalties. The Authority has urged those who have delayed updating their tax information to take advantage of this grace period to correct their records. This...
Defense officials from the United Arab Emirates (UAE) and Saudi Arabia have engaged in discussions regarding joint cooperation between the two nations. This dialogue highlights the commitment of both countries to enhance their defense capabilities and strengthen bilateral ties. The talks focused on various aspects of defense collaboration, aiming to bolster security measures and share...
The Ras Al Khaimah Economic Zone (RAKEZ) has recently concluded a successful roadshow in Brazil aimed at promoting business collaboration. This initiative was designed to strengthen ties and attract potential investors from Brazil to the UAE’s growing economic landscape. During the roadshow, RAKEZ representatives highlighted the advantages of establishing businesses within the economic zone, such...
The Ministry of Interior (MOI) and the Ministry of Foreign Affairs (MoFA) in the UAE have launched an electronic service to facilitate the attestation of clear criminal record certificates. This initiative aligns with the country’s Zero Bureaucracy goals, aiming to simplify processes for citizens and residents. Under this new electronic integration, individuals can now obtain...
DP World has announced a significant increase in its revenue, which grew by 9.7 percent to reach $20 billion (AED 73.5 billion) for the year ending December 31, 2024. The company’s adjusted EBITDA also rose by 6.7 percent, totaling $5.5 billion (AED 20.2 billion). This resulted in an adjusted EBITDA margin of 27.2 percent. The...