Middle Eastern countries have secured $39 billion in investments and construction contracts from China under the Belt and Road Initiative (BRI) in 2024. This figure positions the region as the leading beneficiary of the infrastructure program, according to the China BRI Investment Report 2024, which is a joint effort by the Fudan International School of...
The Mohammed Bin Rashid Space Centre (MBRSC) held NASA’s Moon to Mars Architecture Workshop at the Etihad Museum in Dubai. This significant event took place on February 28, 2025, and aimed to foster collaboration in space exploration initiatives between NASA and various international partners. During the workshop, participants engaged in discussions about the architecture and...
Dubai-based GEMS Education has announced plans to invest approximately $300 million over the next two to three years to foster organic growth. CEO Dino Varkey shared this information, highlighting the company’s strategy to capitalize on increasing population numbers and an influx of affluent individuals to the region. Dubai is recognized as one of the fastest-growing...
The Abu Dhabi Investment Office (ADIO) has entered into a significant strategic partnership with the Italian development bank Cassa Depositi e Prestiti (CDP). This collaboration is designed to assist Italian companies seeking to invest or expand in Abu Dhabi and to support UAE-based businesses looking for opportunities in Italy. This partnership was officially announced during...
The Department of Municipalities and Transport (DMT) has officially inaugurated 33 new parks in Mohamed bin Zayed City, aiming to enhance the quality of life for residents. These parks are designed to promote healthier lifestyles and foster social cohesion, aligning with DMT’s strategy to improve community well-being across the emirate. The newly established green spaces...
The UAE Council for Fatwa is set to make history by using AI-powered drones to sight the crescent moon that marks the beginning of Ramadan, a world-first initiative. This innovative approach underscores the UAE’s commitment to adopting cutting-edge technological solutions in various fields. According to a statement from the Council, the deployment of AI-driven drones...
Real-world asset (RWA) tokenization is experiencing significant growth in the United Arab Emirates, as industry players seek to meet the rising demand for blockchain-based asset trading. This process involves converting financial and tangible assets into tokens on a blockchain, which enhances accessibility and liquidity for traditionally illiquid assets. As of February 3, the cumulative all-time...
In celebration of the spirit of giving during Ramadan, DAMAC Properties has announced the launch of exclusive offers aimed at high-end investors and individuals interested in acquiring luxury real estate. The campaign, titled “Layali DAMAC,” is designed to enhance customer value during the holy month. The Ramadan initiative reflects the core values of generosity and...
SAP has announced a partnership with Metito Utilities, a global leader in sustainable water management solutions, to advance digital transformation using AI-powered cloud technology. This collaboration will involve the implementation of GROW with SAP, which aims to improve Metito’s operational agility and optimize its operations, thereby enhancing scalability, flexibility, and speed. As part of this...
flydubai, the Dubai-based airline, received recognition in two categories at the annual Aviation Achievement Awards held recently. The carrier earned the title of “Airline of the Year,” a testament to its commitment to excellence in service and operational performance. In addition to being named Airline of the Year, flydubai was also acknowledged for its innovation...