Dragon Oil - a wholly owned subsidiary of Emirates National Oil Company (ENOC), which is fully owned by the Government of Dubai - signed a Memorandum of Understanding with Sohol Al-Salam Oil Services Co. (SAS Oil), a member of Iraq’s Al-Amal Group, to enhance cooperation in the Iraqi oil and gas...
The UAE has entrenched its position as a major destination for global companies seeking regional or global headquarters, benefiting from a sophisticated legislative system, advanced digital and financial infrastructure, and its geographic location linking Asian, African, and European...
Future Vision for Health Training Co. signed on Aug. 27 an agreement with Harvard Online, a unit of Harvard University, to deliver executive education programs in healthcare strategy and public leadership for professionals in Saudi Arabia. This will take place through exclusive enrollment...
Alinma Bank said it completed the issuance of USD-denominated additional Tier 1 (AT1) sustainable sukuk worth $500 million under its AT1 program, according to a statement on Tadawul. Issuance details ItemDescriptionType of issuanceUSD-denominated AT1 sustainable sukuk under the AT1...
Borouge is collaborating with Yokogawa to conduct a proof-of-concept for AI-powered autonomous control room operations at Borouge’s world-class Ruwais facility in Abu Dhabi. Yokogawa UAE Industry, a leading provider of advanced automation technologies and solutions across the Emirates will...
The Federation of the UAE Chambers of Commerce and Industry signed a Memorandum of Understanding (MoU) with the Chamber of Commerce and Industry of Angola (CCIA) to establish the UAE–Angola Business Council, in a strategic move aimed at strengthening bilateral economic relations and expanding...
CONDOR, a Brazilian leader in non-lethal technologies and part of the UAE’s EDGE Group, has signed a Memorandum of Understanding (MoU) with 4iG Space and Defence Technologies (S&D), a major telecommunications, IT, and defence-industrial group in Hungary and the Western Balkans, to explore the ...
GCC governments are pinpointing Research, Development, and Innovation (RDI) as pivotal to their national strategies, emphasizing the need for significant shifts in policy and engagement to adapt to the changing RDI ecosystem, according to a report by Boston Consulting Group (BCG) and Dubai Future...
Saudi Arabia has taken another bold step in cementing its position as a global tourism leader, with Minister of Tourism H.E. Ahmed Al-Khateeb holding a high-level ministerial meeting with Japan’s Minister of Land, Infrastructure, Transport and Tourism, H.E. Hiromasa Nakano, in Tokyo. The meeting...
The Ports, Customs and Free Zone Corporation (PCFC) has announced exceptional results in smart traffic enforcement during the first half of 2025, recording an unprecedented 401% increase in processed violations compared to Q1, with a response rate reaching 60.4%. This milestone reflects a...