The UAE’s insurance sector is projected to see significant growth in 2025, with expectations of expansion between 10 percent and 20 percent. This follows an estimated growth of 20 percent in 2024, as indicated by S&P Global Ratings. S&P also noted that other Gulf countries are likely to benefit from favorable growth conditions in their...
As the Hajj 2025 season approaches, Saudi Arabia is intensifying preparations through significant infrastructure and service upgrades aimed at enhancing the pilgrimage experience for millions of worshipers. The Central Hajj Committee, led by the Deputy Emir of Mecca, Prince Saud bin Mishaal, convened to evaluate the readiness of facilities and services for pilgrims during Ramadan...
Online broker WRPRO has experienced notable growth in recent years, achieving a trade volume of $600 billion (Dh2.2 billion) in 2024. Early data from the first quarter of 2025 suggests this trend will continue, with a potential 25% increase leading to a total trade volume exceeding $750 billion by year-end. This growth highlights the importance...
Tecom Group, in partnership with Dubai Charity, has announced the launch of the third edition of the “Store of Goodness” initiative during the holy month of Ramadan. This initiative aims to provide a virtual donation experience for individuals looking to contribute to charitable causes. The “Store of Goodness” allows donors to select from a variety...
The General Administration of Abu Dhabi Customs has announced the establishment of a new customs center at Sir Bani Yas Airport. This development follows the issuance of Administrative Decision No. (33) of 2025, which modifies an earlier Administrative Decision No. This new customs facility is expected to enhance the efficiency of customs operations at the...
Thuraya Mobile Satellite Communications Company, part of Abu Dhabi’s Space42, is venturing into the smartphone sector with its new Thuraya One Android 14 device. The company aims to tap into a global market for satellite-capable smartphones that could reach a value of $15 billion by 2033. Thuraya, which has operated in the satellite sector since...
Dubai’s real estate sector is on a transformative path toward achieving a net-zero built environment by 2030. Key stakeholders, including developers, regulators, and investors, are aligning their efforts to make sustainability a central focus in the industry. Hisham El Assaad highlights that this shift is not just a trend but an operational necessity shaped by...
du, a prominent telecom and digital services provider, has announced a partnership with Microsoft to enhance cybersecurity solutions for businesses in the UAE. This collaboration was revealed during the Mobile World Congress held in Barcelona from March 3 to March 6, 2025. The initiative aims to integrate Microsoft Azure’s advanced security stack with du Tech’s...
Samsung Gulf Electronics has officially signed a Memorandum of Understanding (MoU) with e& UAE, the telecommunications arm of the global technology group e&, at The Mobile World Congress in Barcelona, Spain. This significant agreement establishes a framework for strategic collaboration aimed at leveraging artificial intelligence to improve customer experiences and promote digital transformation across various...
Oil prices remain largely unchanged today, Friday, but are on track to record their largest weekly decline since October. This downturn is attributed to uncertainty surrounding U.S. tariff policies, which have raised concerns about global demand just as major producers prepare to increase output. As of 02:17 GMT, Brent crude futures rose by 13 cents,...