Ottawa Launch Foreign Investment Agreement and Reactivate Joint Commission
Saudi Arabia and Canada have launched negotiations on a Foreign Investment and Protection Agreement in the Canadian capital, Ottawa, a move reflecting the shared commitment…
Category: BUSINESS
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Battle over Chinese chip maker rocks global car industry
The Dutch government invoked a Cold War-era emergency law to take control of a Chinese-owned chip company that has operations in the country. The extraordinary…
Abu Dhabi to build 10 vertiports for air taxis
Abu Dhabi plans to build a network of 10 vertiports as infrastructure for upcoming air taxi and eVTOLs (electric vertical take-off and landing aircraft) services, as part…
UAE businesses stand a chance to win big with NBF
At National Bank of Fujairah (NBF), growth is more than just a number on a balance sheet. For more than 40 years, NBF has been…
Qatar Airways sells entire Cathay Pacific stake for $897 million
State-owned Qatar Airways has decided to sell its entire stake in Cathay Pacific Airways for about $897 million (HK$6.97 billion), marking its complete exit from Hong Kong’s flagship airline after eight years. Cathay said late on Wednesday that…
Joby Aviation enters final stages of FAA certification ahead of Dubai launch
California-based company starts propeller blade production; completes 600 flights in 2025 Joby Aviation has begun power-on testing of its first FAA-conforming aircraft, entering the final…
Morocco prepares legislation to accelerate digital transformation
The kingdom of Morocco intends to give new momentum to its ongoing digital transformation journey with a new draft legislation that lays the groundwork for…
Global crypto exchanges back Saudi Arabia’s stablecoin, digital asset ambitions
As Saudi Arabia moves closer to introducing stablecoins under national regulation, global crypto exchanges are voicing strong support for the Kingdom’s emerging digital asset ambitions.…
Dubai’s Muraba Veil Super-slim new skyscraper
Designed by acclaimed Spanish firm RCR, 380m tower will house 131 deluxe residences Dubai’s Muraba Veil Super-slim new skyscraper that’s just one apartment wide Dubai,…
Expo City Dubai unveils major expansion, Dubai’s next urban hub
Residential towers, hotels, exhibitions, sustainability initiatives define its bold vision Expo City Dubai, the legacy site of Expo 2020, is entering an ambitious new phase…