The UAE’s telecommunications provider, e&, has been recognized as the fastest-growing brand in the world, with its brand value skyrocketing to $15.3 billion. This remarkable increase places e& among the top ten most valuable telecom brands globally. The news comes from Brand Finance’s latest report released on Tuesday, highlighting the company’s impressive transformation during its...
Dubai South, recognized as the largest single-urban master development focusing on aviation, logistics, and real estate, has signed an agreement with Expeditors International of Washington, Inc., a prominent Fortune 500 global logistics company. This collaboration marks the launch of a new facility for Expeditors at Dubai South’s Logistics District, aiming to address the increasing demand...
The Central Bank of the UAE (CBUAE) has reported that gross banks’ assets, which include bankers’ acceptances, rose by 1.3% from AED4.4 trillion at the end of September 2024 to exceed AED4.456 trillion by the end of October 2024. This information was detailed in the Monetary & Banking Developments – October 2024 report released by...
President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent congratulations to Donald Trump, celebrating his inauguration as the President of the United States for a second term. This gesture highlights the ongoing diplomatic ties between the United Arab Emirates and the United States. In addition to President Sheikh Mohamed, His Highness Sheikh Mohammed...
ADNOC Gas plc and its subsidiaries have established a significant long-term strategic partnership with the Emirates Water and Electricity Company (EWEC) to bolster the UAE’s energy transformation. This landmark agreement includes a 10-year flexible natural gas sales and purchase contract between ADNOC Gas Facilities LLC and EWEC, valued at $10 billion. The announcement was made...
ADNOC Distribution has announced the launch of the second phase of its service station solarisation programme in collaboration with Emerge, a partnership between Masdar and the EDF Group. This initiative is designed to finance, design, install, and maintain solar photovoltaic (PV) panels at service stations across ADNOC Distribution’s network in the UAE. The programme aims...
Dubai has achieved the title of the world’s cleanest city for the fifth consecutive year, as reported in the Global Power City Index (GPCI) by the Institute for Urban Strategies at Japan’s Mori Memorial Foundation. This accolade reflects the emirate’s dedication to sustainable urban development and its ambition to set a global example for future...
The World Economic Forum (WEF) Annual Meeting in Davos is focusing on significant global issues such as the Ukraine-Russia war, the emergence of Trump 2.0, and the rapid advancement of artificial intelligence. The 55th annual gathering, which runs from January 20 to 24, aims to foster insightful discussions aimed at reviving and reimagining economic growth...
H.H. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, the Second Deputy Ruler of Dubai and Chairman of the Dubai Media Council, has launched the Media Leadership Programme. This strategic initiative aims to develop a new generation of media leaders and is part of the Dubai Media Council’s broader strategy to enhance the media sector...
H.H. Sheikh Saud bin Saqr Al Qasimi, the Supreme Council Member and Ruler of Ras Al Khaimah, received Ken Okinawa, the newly appointed Ambassador of Japan to the UAE, at his palace in Saqr bin Mohammed City on January 20, 2025. The meeting marked the beginning of the Ambassador’s tenure, during which he was greeted...