To expand naval defence solutions globally In a major step towards strengthening Europe’s naval defence capabilities, Spanish shipbuilding firm Navantia and Italian defence electronics leader Leonardo have signed a strategic collaboration agreement. The announcement was made at FEINDEF 2025,
Business
Get the latest Business news from the Middle East. Stay informed on market trends, investments, and economic developments in 60 characters.
And reveals aviation sector’s future The 24th edition of the Airport Show, held from May 6 to 8, 2025, at the Dubai World Trade Centre, drew widespread worldwide support from the global aviation industry. The event served as a powerful reminder of the massive growth opportunities in the aviation sector, particularly within the Middle East, […]
In a landmark fintech move In a historic move set to transform the financial landscape in the UAE, IHC, ADQ, and First Abu Dhabi Bank (FAB) are set to launch a stablecoin fully backed by the UAE dirham. Pending regulatory approval, the new digital currency will be issued by FAB and fully overseen by the […]
Part of a 10-year deal Dubai’s Roads and Transport Authority has awarded Life Pharmacy the naming rights of the erstwhile UAE Exchange Metro Station as part of a 10-year contract. The Dubai Metro Red Line station is now renamed Life Pharmacy Metro Station. The agreement was signed between Life Pharmacy Group and Hypermedia, with Mada […]
Assisted digital finance in the spotlight The lush surroundings of Windflower Resort & Spa in Goa, India, hosted the third edition of the CXO Meet, a flagship summit organised by the Grameen Foundation for Social Impact (GFSI) in collaboration with the Business Correspondent Federation of India (BCFI). Supported by the Bill & Melinda Gates Foundation, […]
Putting customer satisfaction first Dollar Car Rental UAE was a major exhibitor at the Arabian Travel Market 2025, held in Dubai from April 28 to May 1, 2025. With one of the UAE’s largest and most diverse rental car fleets, the Zabeel Rent A Car licensee is a significant player in the fast-paced market. In […]
From May 21 to 23, 2025 Berlin is preparing to become the beating heart of global tech innovation as GITEX Europe x Ai Everything debuts from May 21 to 23 at Messe Berlin. Organised by Kaoun International and hosted in partnership with Berlin’s Senate Department for Economics, Energy and Public Enterprises, Germany’s Federal Ministry for […]
As national workforce agenda gains pace With just days to go, anticipation is building as Qatar prepares to host the 2nd HR Forum Qatar, the GCC region’s most influential gathering focused on strategic workforce transformation. On May 6, 2025, at the InterContinental Doha Beach & Spa, the forum will bring together high-level HR leaders, policymakers, […]
Over 90% of users still opt for weak choices. Cybersecurity researchers have revealed troubling findings about how people create their passwords. In a study of over 19 billion passwords, the researchers discovered that 94% are weak, reused, or simple, making them highly vulnerable to hacking attempts. The findings coincide with World Password Day, which is […]
Event is being held in Abu Dhabi The upcoming Make It In The Emirates trade event is poised to be the largest edition, with over 94% of its exhibition space already reserved. Organised by the UAE Ministry of Industry and Advanced Technology in collaboration with the UAE Ministry of Culture, ADNEC Group, ADNOC Group, and […]
Top seller sells for AED8.35 million Dubai’s Roads and Transport Authority (RTA) achieved a historic milestone on April 26, 2025, with its 118th open auction for exclusive Dubai emirate vehicle number plates. The event generated approximately AED100 million, setting a new record for the highest proceeds in Dubai RTA’s auction history. The top-selling plate was […]
To facilitate regional ops Paypal, based in San Jose, California, has inaugurated its regional headquarters in the Middle East and Africa (MEA) at Dubai Internet City, marking a significant milestone in the digital commerce platform’s global expansion strategy. The Dubai Internet City location now serves as a strategic base for PayPal, enabling the company to […]
Focus on UAE market Iskraemeco, based in Kranj, Slovenia, is a provider of smart metering solutions, and is making significant strides in its global expansion. Recently, the company has been involved in several key projects and strategic initiatives that underscore its commitment to innovation and sustainability. In the United Arab Emirates, Iskraemeco has partnered with
Clear blue skies for UAE fintech sector Mawarid Finance convened its highly anticipated Mawarid Fintech & Innovation Summit 2025 in Dubai, drawing an influential mix of fintech pioneers, government regulators, tech innovators and financial industry leaders. The flagship event, held on April 24, 2025, under the theme “Innovate, Integrate, Inspire: The Future of Embedded
For low-cost subsidiary, flyadeal The Saudi Arabia-based Saudia Group has placed an order with Airbus for 10 of the European plane maker’s A330-900 aircraft for its low-cost subsidiary, flyadeal. The deal represents flyadeal’s first acquisition of wide-body aircraft and signals a strategic leap forward for the Saudi airline as it prepares to launch long-haul operations.
Deal with Hindustan Shipyard Ltd MAN Energy Solutions has secured a significant contract to supply propulsion systems for five new Fleet Support Ships (FSS) constructed by Hindustan Shipyard Ltd. (HSL) for the Indian Navy. Located in Visakhapatnam on India’s east coast, state-owned HSL is leading this defence project to enhance India’s naval logistical capabilities. The
To boost country’s tourism sector UN Tourism has unveiled its latest investment publication, ‘Tourism Doing Business: Investing in Indonesia.’ The guide provides a comprehensive overview of Indonesia’s tourism sector, positioning the Southeast Asian nation as a prime destination for sustainable investment. It provides detailed insights for global investors and highlights a
In deal worth $96 million The US Navy has renewed a contract with Serco, a leading international provider of critical services to governments, to offer technical services for modernising the US Navy’s guided missile frigates and related ship systems. The contract, valued at an estimated $96 million, comprises a one-year base period with four additional […]
Fastest growth rate in 3 years​ Saudi Arabia’s economy is projected to experience accelerated growth in 2025, driven by increased oil production and strategic investments. According to a Reuters poll of economists, the nation’s GDP is expected to expand by 4.4%, marking the fastest growth rate in three years. ​ The anticipated economic upturn is […]
With Noor Arabian brand Gulf Foods International, an FMCG startup from Kerala, India, is set to officially launch in the Omani food products market on May 1, 2025. Registered on December 23, 2024, the company seeks to position itself as a global food supply brand by providing high-quality food products at competitive prices, prioritising customer […]





























