Dubai is becoming an attractive destination for entrepreneurs from India and the UK, as many are considering relocating their operations and assets to the UAE. A recent report by HSBC reveals that 5% of business owners from overseas are contemplating this shift, with those from India and the UK showing a particular interest. The report...
The Office of Hajj Affairs for the United Arab Emirates has declared its full readiness for Hajj 2025, focusing on delivering the highest standards of service and care to Emirati pilgrims. This initiative aims to address all pilgrims’ needs with dedication and responsibility, aligning with the aspirations of the UAE’s leadership and the government’s strategic...
The UAE and Ghana have signed a significant agreement to create the first economic zone and digital incubator in Accra. This partnership involves the Ports, Customs and Free Zone Corporation (PCFC) and the Ghanaian government, with the goal of transforming Ghana into a “regional technology powerhouse” that attracts investments in West Africa. Credit: Dubai Eye...
Dubai Aerospace Enterprise Ltd. has secured a $300 million three-year unsecured term loan from Bank of China (Dubai) Branch, Bank of China Limited in London, and Bank of China (Hong Kong) Limited. This funding will be utilized for general corporate purposes and to address future financing needs of the business. Firoz Tarapore, CEO of DAE,...
Saudi Arabia has launched an innovative initiative to transport critical medical supplies during this year’s Hajj using drones and helicopters. This high-tech approach significantly reduces delivery times, enhancing healthcare services at large gatherings. Credt: WAM The Saudi Ministry of Health, in collaboration with the National Unified Procurement Company (Nupco), has integrated drones and helicopters into...
Under the patronage of H.E. Sheikh Nahyan Mubarak Al Nahyan, Minister of Tolerance and Coexistence, Abu Dhabi University (ADU) held the 12th edition of the Undergraduate Research and Innovation Competition (URIC) on May 29, 2025, at its main campus in Abu Dhabi. This year, the event received over 650 submissions from 14 countries, reinforcing ADU’s...
Wamid, the technology division of Saudi Tadawul Group, has entered into a multi-year partnership with BMLL Technologies to launch Saudi Arabia’s first white-labeled cloud analytics platform aimed at institutional investors and quantitative analysts. This initiative marks a significant advancement in the region’s financial technology sector. The collaboration will provide market participants in Saudi Arabia with...
The Emirate of Sharjah recently welcomed a high-level delegation from the Seoul AI Foundation and the Seoul Metropolitan Government. The visit, organized by the Sharjah Digital Department (SDD), aimed to explore ways to deepen collaboration and identify future partnership opportunities in artificial intelligence and smart government services. His Excellency Sheikh Saud bin Sultan Al Qasimi,...
Taiwan Semiconductor Manufacturing Company (TSMC) is reportedly resuming discussions to establish a factory in the United Arab Emirates after conversations were paused at the end of former US President Joe Biden’s term. The company has been in talks with Steve Witkoff, the US special envoy to the Middle East, as well as executives from Abu...
UAE residents planning to travel to Europe for business, leisure, or family visits will soon encounter new border management systems. The European Union is set to launch two initiatives: the European Travel Information and Authorisation System (ETIAS) and the Entry/Exit System (EES). These systems will significantly change how travelers from non-EU countries enter and navigate...