Airbus has projected that the Middle East’s regional aircraft fleet will more than double over the next two decades, driven by strong growth in passenger traffic and rising demand for…
Dubai has strengthened its position as one of the world’s fastest-growing startup hubs, with new figures revealing robust growth in the emirate’s digital economy. The Dubai Chamber of Digital Economy…
Bahrain has unveiled a $1.5 billion masterplan for its ambitious Digital City development, as part of the Gateway Gulf 2025 forum. The project, submitted by the Beyon Group to the Urban…
Dragon Oil, a wholly-owned subsidiary of the Emirates National Oil Company (ENOC), has taken a significant step in expanding its international partnerships by signing a Memorandum of Understanding (MoU) with…
QatarEnergy has officially awarded Samsung C&T Corporation a landmark engineering, procurement, and construction (EPC) contract for a state-of-the-art carbon capture and sequestration (CCS) project at its LNG facilities in Ras…
Electric vehicle sales took a sharp downturn in October as Ford Motor Company and Hyundai Motor Company reported significant declines following the expiration of U.S. federal tax credits. Ford’s electric…
Global financial markets began the week on a cautious note as investor sentiment turned sharply negative toward European property and telecom sectors. In Germany, Deutsche Pfandbriefbank (PBB) shares tumbled to…
The UK’s inflation rate held steady at 3.8% in September, unchanged from the previous two months, signaling persistent price pressures that could delay expectations of a Bank of England rate…
