Hazza Al Mansouri tells Arabian Business the UAE will provide a critical airlock module to NASA’s Lunar Gateway and send an Emirati astronaut to commission it – in a historic first for the region
Industries
Latest in Industries
Abu Dhabi
Lure of the Middle East: UBS, JPMorgan Chase to ramp up operations
UBS planning to open a new office in Abu Dhabi, while Ashmore chooses Qatar; JPMorgan to go on a hiring spree in the region
Minister of Industry and Advanced Technology
UAE banks agree $10.9bn financing for industrial sector
UAE banks will provide financing to fund industrial growth in the country
Dubai
UAE residents prioritise health features in home purchases, survey reveals
The research, conducted by R.Evolution in partnership with YouGov, indicates a shift in the UAE property market towards homes that combine standard luxury with health-focused features
Dubai SME
Dubai SME to support 8,000 new Emirati businesses by 2033
Dubai SME will use AI to help startups begin business in the emirate
Aviation
Etihad announces record Q1 profit of $187m
Increased passenger demand carries Etihad Airways to a 30 per cent increase in profit after tax
GITEX
UAE astronauts reveal ambitious space plans at GITEX EUROPE
Dubai’s flagship technology exhibition makes its European debut in Berlin, showcasing the UAE’s growing influence in global tech and space sectors
crypto
The pros and cons of buying Dubai real estate with cryptocurrency
Crypto Dubai real estate sales are a reality, not a future trend. Find out the risks and rewards…
Abu Dhabi Department of Culture and Tourism
Abu Dhabi announces UAE’s first video game design university degree course
Scholarship offers made to UAE students on video game design university course in Abu Dhabi
E-commerce
UAE e-commerce market to pass $13.8bn by 2029
UAE leading the MENA e-commerce market as it adopts modern payment and retail trends
Abu Dhabi
AD Ports Group, Advario sign deal to explore green energy, liquid bulk storage JV
The proposed JV has the potential to unlock significant growth opportunities in the fields of clean energy alternatives and bulk chemicals storage
Artificial intelligence
UAE’s MBZUAI strengthens AI research ties with France
MBZUAI’s research ties with France are also supported by the growing presence of the MBZUAI France Lab in Paris
liquefied natural gas
Qatar to begin LNG exports from North Field East by mid-2026, says minister
QatarEnergy’s North Field East expansion will boost LNG output to 110 million tons annually
Air France
Air France launches direct Riyadh–Paris route with Airbus A350
Air France is currently operating three times per week; the service will increase to five flights weekly by 18 June this year
Ajman Bank
Ajman Bank lists $500mn debut sukuk on Nasdaq Dubai
Ajman Bank’s maiden sukuk issuance saw robust demand from over 100 investors and will mature in 2030
luxury real estate
Ras Al Khaimah properties lure large tourist arrivals, high-end buyers fuelled by Dubai access
Rising buyer interest leads to spike in prices for off-plan luxury properties as demand far outstrips availability
branded residence
Ras Al Khaimah real estate: Property prices surge 39% as luxury brands enter market
Ras Al Khaimah economy is on track to grow by an average of 4 per cent annually from 2024 to 2027