The funding will help Lucidya strengthen its market position and support Saudi Vision 2030’s digital transformation goals
Industries
Abu Dhabi
Bombardier unveils new Abu Dhabi service facility at Al Bateen Executive Airport
The new Abu Dhabi Service facility further expands on Bombardier’s existing service footprint in the UAE
Aviation
Saudia partners with ELIE SAAB for luxury first class amenity kits
The collaboration brings the designer’s signature elegance on board Saudia flights, marking a new standard in in-flight hospitality
Abu Dhabi
Sheikh Zayed Grand Mosque welcomed nearly 2mn visitors during Ramadan, says new report
The mosque received 391,011 visitors during Ramadan, and an additional 122,819 guests during the Eid holiday period
Aramco
Aramco and Sinopec sign agreement for major expansion at Yasref
On Yasref’s 10th anniversary, the partners announce a new petrochemical unit, a 1.8mtpa mixed feed steam cracker and 1.5mtpa aromatics complex
CBUAE
UAE bank investments rise to $202bn in January 2025
This represents a 16.1 percent growth compared to January 2024, according to the Central Bank of the UAE’s latest banking indicators
Dubai culinary tourism
Dubai ranks second globally as food tourism destination, new report reveals
A survey conducted among food enthusiasts in Dubai during September and October 2024 revealed customer satisfaction reached 62%
Burj Al Arab
Dubai’s Jumeirah Marsa Al Arab ‘more than just a resort’ says hotel boss
Dubai’s newest luxury resort, Jumeirah Marsa Al Arab, offers transformative wellness, cultural collaborations, and 11 dining concepts, marking a new era in high-end hospitality
content creators
UAE tax authority launches new Moáther package to support influencer tax compliance
FTA aims to support business sectors by providing them with tools for self-compliance with UAE tax legislation
Donald Trump
UAE exchanges, fintechs brace for Trump tariffs impact on remittances as global trade tensions mount
Money transfer firms in Dubai are bracing for currency swings as Trump’s tariffs shake global trade, impacting remittances to India, Pakistan, and the Philippines
Dubai
Dubai RTA adopts LiDAR technology to transform road asset management
The initiative aims to develop preventive, predictive, and proactive maintenance strategies as part of RTA’s ongoing integration of smart technologies into road asset management in Dubai
Abu Dhabi Securities Exchange
RAK Properties appoints Arqaam Securities as liquidity provider
Arqaam will maintain two-way quotes within a structured mandate and initiate research coverage on the company
alef group
Sharjah real estate 2025: Why investors are eyeing the UAE’s emerging property market
Alef Group’s CEO Issa Ataya on smart cities, cultural capital, and how Sharjah is quietly redefining urban life in the UAE
Abu Dhabi
Etihad Airways adds Peshawar to growing Pakistan network from September 2025
Etihad will deploy its Airbus A320 family aircraft on the route, configured with eight Business Class and 150 Economy Class seats
Aviation
Emirates brings Premium Economy A380s to Manchester, Milan routes
With this expansion, Emirates will increase its Premium Economy capacity to nearly 5,000 weekly seats in and out of the UK from June
Airports
Dubai Duty Free records $565mn in first-quarter sales after strong February performance
Dubai Duty Free plans to expand its retail operations throughout 2025, including new luxury brand boutiques in Concourse A featuring Louis Vuitton, Cartier and Chanel
Abu Dhabi
AD Ports Group inks 10-year lease with TW Steel to enhance container fabrication at Khalifa Port
The new facility will cater to the tailored needs of shipping lines and container operators at the port
