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Business

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Business Tech

Global tech giants to power Stargate UAE

Next-gen AI infrastructure in Abu Dhabi A consortium of global tech leaders, including OpenAI, Oracle, Nvidia, SoftBank Group, Cisco, and UAE-based G42, has unveiled plans to build Stargate UAE, a next-generation AI infrastructure based in Abu Dhabi. The facility is expected to revolutionise the global AI landscape and be part of the newly announced UAE-US […]
Business Tech

France to get Europe’s largest AI Campus with UAE input

Via global consortium pact Bpifrance, the French national investment bank; MGX, the UAE investment fund focused on AI and advanced technology; Mistral AI, the leader in generative AI; and Nvidia, the world leader in AI computing infrastructure, have announced plans to build Europe’s largest AI Campus in the Paris region. The groundbreaking joint venture, revealed during
Business Saudi Arabia

Saudi Arabia and Nvidia enter groundbreaking AI and cloud computing partnership

Following Donald Trump’s visit to Saudi Arabia Saudi Arabia has unveiled a series of transformative partnerships with American tech giant Nvidia to position the Arabian Gulf state as a world leader in artificial intelligence, enterprise computing, digital twins and robotics. The announcement was made during a high-profile state visit by US President Donald Trump following
Business Interviews

Fostering Emiratisation is a key goal for TASC

Says CEO Mahesh Shahdadpuri In an exclusive interview, Mahesh Shahdadpuri, Founder & CEO of Dubai-based TASC Outsourcing, delves into the central theme of the ‘Emiratisation Summit 2025’, focusing on ‘Scaling Retention and Engagement Strategies.’ The third edition of the Emiratisation Summit, jointly hosted by TASC and the United Arab Emirates
Automotive Business

Nissan unveils comprehensive recovery plan

To drive a leaner, smarter business by 2026 In a bold move to reshape its global operations and return to long-term profitability, Nissan Motor has launched Re:Nissan, a comprehensive recovery plan designed to overhaul the company’s cost structure, sharpen its market focus, and accelerate product development. With new leadership and a renewed sense of urgency, […]
Business Defence & Security

Navantia and Leonardo seal strategic agreement

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, Spain’s leading defence and security trade show, held in Madrid from May 12 to 14,
Aviation Business

2025 Airport Show soars to new heights

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, […]
Business Finance

UAE to launch dirham-backed stablecoin

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 […]
Business Qatar

2nd HR Forum Qatar begins on May 6, 2025

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, […]
Business UAE

Dubai’s open number plate auction inches to AED100 million

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 […]
Business

PayPal unveils Middle East and Africa regional HQ in Dubai

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 […]