Aviation Business UAE

Do you know how the aviation sector is powering the UAE’s economic growth?

Arnold Pinto 17/04/2025

Contributing 18.2% to the nation’s GDP The aviation sector is a cornerstone of the United Arab Emirates’ (UAE) thriving economy. It underpins a range of vital industries and catalyses development, trade, and tourism. With Dubai and Abu Dhabi serving as global aviation hubs, the UAE

Business Cybersecurity

Microsoft vulnerabilities reached an all-time high in 2024

News Desk 17/04/2025

Reveals BeyondTrust report BeyondTrust has reported a record-breaking 1,360 vulnerabilities disclosed across Microsoft’s ecosystem in 2024. This marks an 11% increase over the previous high of 1,292 vulnerabilities reported in 2022 and underscores the persistent and evolving challenges organisations face in defending against cyber threats. BeyondTrust’s newly published

Business Logistics

Air cargo seen key to global resilience

Arnold Pinto 16/04/2025

Says IATA at World Cargo Symposium The International Air Transport Association (IATA) has reaffirmed the essential role of air cargo in maintaining global supply chains and has urged governments and industry stakeholders to concentrate on customer expectations, especially regarding safety, security, digitalisation, and sustainability. Speaking on April 15, 2025, at the

Business Finance

Safety AI startup viAct secures US$7.3m in Series A funding round

News Desk 16/04/2025

To expand in MENA and Europe viAct, an impact-driven artificial intelligence startup transforming safety in high-risk industries, has raised US$7.3 million in a Series A funding round. The investment was led by Dublin-based Venturewave Capital, with support from Singtel Innov8, Korea Investment Partners, and the PolyU Entrepreneurship Investment Fund. The strategic capital

Business Markets

UAE and EU forge ahead with free trade agreement negotiations

News Desk 15/04/2025

In boost to businesses In a significant move to enhance economic ties, the European Union (EU) and the United Arab Emirates (UAE) have agreed to initiate negotiations for a comprehensive free trade agreement (FTA). The decision aims to enhance trade relations, stimulate investment, and foster collaboration across key sectors between the two regions. The proposed […]

Business Markets

Global gold demand rose in 2024, boosted by central banks’ buying

Arnold Pinto 14/04/2025

And strong investment demand The World Gold Council’s Gold Demand Trends report for Q4 and the full year 2024 highlights an exceptional surge in global gold demand, marking a new all-time high of 4,974 tonnes. The increase was primarily driven by robust and sustained central bank purchasing activity, alongside strong growth in investment demand. Record-high […]

Business Interviews Tech

Bridging the digital divide and why the booming MENA market appeals to Bimser

Arnold Pinto 13/04/2025

Exclusive interview with Murat Atıcı, CEO of Bimser Bimser is a rapidly growing digital transformation and quality management platform, offering over 140 integrated modules for managing quality, health, safety, and environmental (QHSE) processes. Headquartered in Istanbul, Turkey, with a new Middle East and North Africa (MENA) regional office in Dubai, UAE, Bimser helps

Business UAE

Bimser opens its MENA regional office in Dubai

News Desk 12/04/2025

Focus on the enterprise software market Turkish enterprise software leader Bimser has officially launched its new regional office in Dubai, UAE, marking a major milestone in its strategic expansion across the Middle East and North Africa (MENA) region. Founded in 1998, with over 2,500 global customers, Bimser has established a strong reputation in enterprise software. […]

Business Finance

EU approves revised regulations to screen foreign investments

Arnold Pinto 09/04/2025

To enhance security The International Trade Committee of the European Parliament has approved new, revised rules for screening foreign investments within the European Union (EU). Approved on April 8, 2025, the updated regulations are designed to protect EU security and public order by expanding the sectors subject to mandatory screening and harmonising national screening

Business

MoneyGram and Mastercard enter partnership

Arnold Pinto 08/04/2025

To enhance digital money movement MoneyGram, a leading financial technology company, has partnered strategically with Mastercard to enhance global financial accessibility by advancing digital money movement. The new partnership promises to deliver faster, more secure, and near-real-time payment solutions to customers worldwide. Through the new alliance, MoneyGram will

Automotive Business

Do you know that Chinese EV brands accounted for 62% of global EV sales in 2024?

Arnold Pinto 07/04/2025

Despite challenges in some regions China has firmly established itself as the dominant force in the global electric vehicle (EV) market, with its manufacturers leading in both domestic sales and worldwide production. In 2024, Chinese EV brands were responsible for an impressive 62% of global EV sales, cementing the country’s position as the undisputed powerhouse […]

Aviation Business

Holland’s PAL-V achieves crucial European aviation certification

Arnold Pinto 07/04/2025

With approval from EASA PAL-V, the pioneering Dutch company behind the world’s first FlyDrive vehicle, has achieved a crucial milestone in its journey toward certification as the European Union Aviation Safety Agency (EASA) has issued the company with a No Technical Objection (NTO) for its innovative Liberty vehicle. This groundbreaking approval marks a major step […]

Automotive Business

Renault Group and Nissan enter major new strategic projects

Arnold Pinto 04/04/2025

To strengthen their alliance The Renault Group and Nissan have unveiled major new strategic projects to improve their longstanding partnership and enhance their respective market positions. The announcement highlights key business initiatives, including a major acquisition by Renault Group and a renewed commitment to the Indian market. It also includes a restructured

Business

Nokia launches Broadband Easy digital platform as demand for fibre connectivity grows

Arnold Pinto 01/04/2025

Streamlining fibre rollouts for operators Nokia has unveiled its new digital platform, Broadband Easy, designed to help operators accelerate and simplify the deployment of fibre networks. This innovative solution provides operators complete visibility and control over the entire fibre rollout process, offering advanced automation and AI-driven tools to optimise project

Business Energy

Karpowership orders 24 dual-fuel engines from MAN Energy Solutions

Arnold Pinto 31/03/2025

Boosting fleet capacity by 500 MW Karpowership, a global energy transition company and the world’s largest operator of floating power plants (powership), has commissioned MAN Energy Solutions to deliver 24 18V51/60DF dual-fuel engines. These engines, each with a capacity of 20.7 MW for power generation, will be deployed aboard several of Karpowership’s vessels, which

Business Sport

IOC and Comcast NBCUniversal forge partnership for the digital era

News Desk 29/03/2025

In boost to Olympic broadcasting The International Olympic Committee (IOC) and Comcast NBCUniversal have signed a new, game-changing partnership that will last over a decade and completely transform fans’ experiences of the Olympic Games. The deal, which has been approved by the IOC Executive Board (EB), signifies the evolution of the long-standing collaboration

Business Defence & Security

Boeing achieves record production of Patriot system seekers

Arnold Pinto 29/03/2025

Expands manufacturing capacity Boeing reached a significant milestone in 2024, with production of its Patriot Advanced Capability-3 (PAC-3) seekers hitting an all-time high. The Seattle-based company delivered over 500 PAC-3 seekers in the past year, marking a notable achievement in developing the advanced technology used by the Patriot air defence system. In early 2025,

Business UAE

Do you know the 7 reasons why Indian millionaires are relocating to Dubai?

News Editor 2 27/03/2025

The prime new business capital In recent years, many Indian millionaires and business tycoons have relocated to Dubai, United Arab Emirates (UAE). This exodus has caught the attention of global financial analysts, who are now considering the UAE city an emerging business hub for the rich and powerful. While Dubai has always been a magnet […]

Business Travel

Emirates unveils a new Crew Zone at its headquarters in Dubai

News Desk 27/03/2025

For the carrier’s cabin crew Emirates has inaugurated a Crew Zone facility at its headquarters in Dubai, now open to its cabin crew. The space offers services and amenities to support the professional and personal well-being of Emirates’ crew members. The Crew Zone is a 24/7 accessible area featuring an open-plan design that can accommodate […]

Aviation Business

Thales opens new avionics MRO facility in Gurugram for Indian airlines

Arnold Pinto 22/03/2025

To support India’s aviation growth Thales has opened its new avionics Maintenance, Repair, and Overhaul (MRO) facility in Gurugram, a bustling city near New Delhi’s Indira Gandhi International Airport. This initiative aligns with India’s ‘Aatmanirbhar Bharat’ or ‘Self-Reliant India’ vision, showcasing Thales’s investment in India’s growing