Gulf Cooperation Council (GCC) countries are set to spend more than $542 billion in 2025, outpacing projected revenues of $487.8 billion. The figures, released by the Statistical Centre for the ...

As the summer season approaches, the UAE fuel price committee has revealed the new fuel prices for June 2025. Fuel prices play a crucial role in daily transportation costs and have a direct impact on ...

NMDC Group, a UAE-headquartered energy and marine services firm, has confirmed its acquisition of a 70% stake in Maritime Industrial Services. The strategic move is intended to strengthen its ...

EDGE Group, a global leader in advanced defence technology, has signed a record-breaking AED9 billion (US$2.45 billion) contract with Kuwait’s Ministry of Defence. Under the deal, EDGE will supply ...

The Dubai Financial Services Authority (DFSA) has officially approved Ripple’s RLUSD stablecoin for use within the Dubai International Financial Centre (DIFC). This move allows licensed DIFC firms to ...

The UAE is set to send the Rashid 2 Rover to explore the far side of the Moon in 2026. This mission marks a significant milestone in the nation’s growing role in space exploration. Sheikh Hamdan bin ...

Pakistani-origin fintech ABHI-Middle East has teamed up with LuLu Financial Holdings, a global leader in financial services, to enhance financial inclusion and remittance solutions in the UAE. The ...

Dubai has introduced a landmark decision to strengthen protections for financial whistleblowers in the public sector. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, ...

Abu Dhabi’s sovereign investor, Mubadala, alongside the Abu Dhabi National Energy Company (TAQA), one of the world’s largest listed integrated utilities, have finalised the acquisition of a gas-fired ...

The Registration Authority (RA) of Abu Dhabi Global Market (ADGM) has formally become part of the Enforcement Working Group (EWG) under the International Forum of Independent Audit Regulators (IFIAR), ...

Saudi Arabia’s Ministry of Commerce has reminded companies to submit their financial statements for the 2024 fiscal year no later than Monday, June 30, 2025. The directive applies to businesses whose ...

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence, is set to begin an official visit to Oman today, leading a senior ...