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Dubai Airshow: Etihad Airways orders 32 Airbus passenger planes and freighters

Deal entails 15 A330 Neo planes, seven A350-1000 jets and 10 A350 freighters

2025-11-18T07:16:47Z

UAE’s new AI centre of excellence unites academia and industry to shape the future of sovereign AI

Lakeba Group, DoxAI, AqlanX, and the University of Wollongong in Dubai (UOWD) have opened a new AI Centre of Excellence in Dubai. Located at UOWD’s campus in Dubai Knowledge Park – the region’s leading hub for lifelong learning and part of TECOM Group PJSC, the Centre is designed to become the engine room of the UAE’s sovereign AI strategy, combini...

2025-11-18T15:44:20Z

Ittihad successfully prices $550 million 5-year non-call 2 144a/Reg S Sukuk

Ittihad has successfully priced a $550 million 5-year (non-call 2) 144A/Reg S Sukuk with a 7.375 per cent coupon, marking another milestone in its ongoing strategy to strengthen its capital structure and extend its debt maturity profile. The transaction achieved strong international participation, with 65 per cent of the final allocation placed wit...

2025-11-17T18:44:22Z

'Competing with Netflix, Spotify': How fintech firms outperform regional banks

A fintech expert has called for deeper collaboration between fintech companies and banks in the region, as new data shows that although fintechs remain far smaller than traditional banks in assets and revenue, they continue to command significantly higher valuations. “This is driven by several factors, starting with their much lower cost to serve,”...

2025-11-18T07:29:24Z

Flydubai orders 150 Airbus A321 Neo aircraft in pivot from Boeing-only fleet

Operator switches to European plane maker for first time

2025-11-18T08:01:50Z

Dubai: Gold prices plunge nearly Dh5 as 22K slips below Dh450 per gram

Gold prices plunged nearly Dh5 per gram at the opening of the markets in the UAE on Tuesday as 22K fell below Dh450 per gram as the precious metal fell over 1.5 per cent globally in early trade. At the opening of the markets in Dubai, 24K slipped to Dh483.5 per gram, down from Dh485.75 per gram at the close of the markets on Monday. Similarly, 22K ...

2025-11-18T05:29:17Z

Emirates to invest $12 billion in DWC airport, Sheikh Ahmed says

Home carrier at the new airport terminal to invest in facilities from catering to hangars

2025-11-18T16:16:23Z

FOMO at work: 82% of women in tech say more female leaders would improve workplace culture

A consistent perception gap continues to exist between men and women on the state of career opportunities in technology, a report showed on Tuesday. While men generally view the industry as more equitable, women report significant barriers tied to bias, work-life balance, and leadership opportunities. This divergence underscores the hidden challeng...

2025-11-18T15:59:20Z

Mubadala's Strata in talks to build global jet-engine parts for first time

CEO says Al Ain-based company is close to signing a deal in Q1 2026

2025-11-18T10:02:00Z

Saudi developer Arabian Dyar seeks foreign buyers for next phase of $2.6bn Makkah project

Company is selling 1,000 units with prices ranging from $400,000 to $4.5 million

2025-11-18T04:31:28Z

My Dubai Salary: ‘I'm 26 and earn around Dh18,000 a month at a start-up’

Rise in company’s equity value after stock buyback has given Aditya Gupta financial freedom to start his own business

2025-11-18T03:01:54Z

Microsoft, Nvidia to invest in Anthropic as Claude maker commits $30 billion to Azure

UPDATE 3-Microsoft, Nvidia to invest in Anthropic as Claude maker commits $30 billion to Azure

2025-11-18T17:29:20Z

UAE’s property market is closing 2025 on a high note

The UAE’s property market is closing 2025 on a high note, defying global headwinds and cementing its reputation as one of the world’s most resilient real estate hubs. October alone saw Dubai transactions worth Dh46.26 billion across 18,232 deals, driven largely by off-plan sales, which accounted for 71.4 per cent of activity. Average prices for off...

2025-11-18T15:44:22Z

Cloudflare implements fix, continues to monitor errors after internet outage

Thousands of users went into panic mode on Tuesday after several websites including ChatGPT and X failed to load

2025-11-18T15:29:20Z

Mena’s sustainable debt market triples to $94 billion amid push for green finance

Sustainable debt issuance across the Middle East and North Africa (Mena) has surged in recent years, tripling since 2020 to reach $94 billion, a report showed on Tuesday. The report, Scaling Sustainable Debt in Emerging Markets, reveals that labelled instruments — green, social, sustainability-linked, and transition bonds — now account for 3.2 per ...

2025-11-18T10:29:27Z

Trump Organisation and Dar Global to develop tokenised luxury hotel in Maldives

Ownership shares will be sold during development phase, which companies say is a global first

2025-11-18T10:01:26Z

2PointZero Group to adopt dividend policy in 2027, with 35% YoY growth target

Ahead of the completion of Multiply Group’s  strategic acquisition of 2PointZero and Ghitha Holding, which remains subject to regulatory approvals, the executive team of the newly created 2PointZero Group on Monday announced its intention to propose the adoption of a dividend policy starting in 2027 to its Board of Directors. The formation of 2Poin...

2025-11-17T18:44:18Z

GE Aerospace inks agreements with Emirates, flydubai at Dubai Airshow

The engine manufacturer recently announced a $50m investment in a new on wing support facility in the UAE

2025-11-18T04:54:41Z

Aster DM Healthcare secures Dhs265m financing from EDB for Dubai expansion

Aster currently operates 10 hospitals, 113 clinics and 298 pharmacies in the UAE under the Aster and Medcare brands

2025-11-18T06:09:41Z

Arsenal and Sobha Realty mark two years of partnership

Arsenal Football Club and Sobha Realty have celebrated two years of collaboration, underscoring a shared commitment to excellence both on and off the pitch. The partnership, which began in 2023, granted Sobha Realty naming rights to the Sobha Realty Training Centre at London Colney and branding on Arsenal’s training kit. Since then, the duo has inv...

2025-11-18T15:44:20Z

Flydubai joins Emirates in adding Starlink for superfast inflight Wi-Fi

Service to be installed on 100 of the airline's planes next year

2025-11-18T08:16:30Z

Boeing lands $38bn Dubai Airshow lift as Emirates orders 65 more 777X

Emirates said on Monday it was ordering another 65 Boeing 777-9 jets, cementing its position as the world's biggest buyer of wide-body jets

2025-11-18T05:54:43Z

India’s digital payments revolution is redefining global finance

India today stands at the forefront of a financial revolution that the world can no longer ignore. In less than a decade, the country has built the most sophisticated, inclusive and rapidly scaling digital payments ecosystem on the planet. What began as an experiment in improving domestic financial access has become one of the great global success ...

2025-11-18T15:59:19Z

Pay with your voice: Dubai unveils world's first AI-powered payment system

Pay with your voice: World's first AI-powered payment completed in Dubai

2025-11-18T08:44:19Z

Dubai’s land market skyrockets 403% as strategic planning redefines urban growth

Dubai’s real estate sector is rewriting the rulebook for urban development, with land transaction values skyrocketing by 403.6 per cent between 2019 and 2024, according to JLL’s latest report, *Beyond the Skyline: Dubai’s Land Market Transformation Story*. The surge underscores the emirate’s success in combining demographic expansion, infrastructur...

2025-11-17T18:59:20Z

Baker Tilly UAE targets 25% growth as it unveils new strategic vision

Baker Tilly UAE, one of the region’s leading advisory, audit, and consulting firms, has announced a bold new strategic direction aimed at achieving 25% growth over the next two years, as it strengthens its position as a key player in the UAE’s professional services landscape. The firm unveiled its refreshed identity and growth roadmap at an exclusi...

2025-11-18T15:59:20Z

Gold gains on soft economic data; traders weigh US rate cut chances

PRECIOUS-Gold gains on soft economic data; traders weigh US rate cut chances

2025-11-18T17:29:20Z

Where is Bitcoin heading after erasing gains made in Trump crypto boom era?

Uncertainty in the stock market, economic growth concerns and the Fed have caused vulnerability

2025-11-18T07:16:30Z