Dubai, UAE, 22 July 2025 – Emirates District Cooling (Emicool) LLC, a leading provider of sustainable district cooling services in the UAE and a joint venture between Dubai Investments and Actis, has achieved recertification for five internationally recognized ISO standards by Bureau Veritas.
President Trump’s threat of 30% tariffs on EU and Mexican imports from August 1 added to market jitters, as investors weighed the impact of higher duties on consumer prices and corporate margins.
Ras Al Khaimah, UAE, 15th July 2025: Dubai Investment Real Estate (DIR), a subsidiary of Dubai Investments, begins the Phase 1 delivery of Danah Bay, its mixed-use beachfront development on Al Marjan Island in Ras Al Khaimah. All landside villas are ready for handover with the construction of the breakwater villas and the apartment tower in progress.
Dubai, United Arab Emirates – Parsons has secured a five‑year project management contract for the Dubai Metro Blue Line. This achievement highlights Dubai’s commitment to expanding its transport network and supports the city’s 2040 Urban Master Plan.
The UAE logistics industry is undergoing a transformation revolution with top distribution players moving into electric mobility to help the country reach its Net Zero 2050 goals.
Bank Muscat and its Islamic banking division, Meethaq Islamic Banking, are enhancing their strategic emphasis on cross-border collaboration by negotiating with Malaysia’s Securities Commission.
Dubai — The United Arab Emirates has made a significant technological breakthrough with G42 becoming the first UAE company to be recognised on TIME magazine’s special 2025 list of 100 Most Influential Companies, as the nation emerges as an artificial intelligence world leader. The recognition puts G42 in the “Innovators” category as a “Rising AI Power,” […]
Riyadh — Today, Tesla’s grand launch of its flagship Riyadh Centre marks a major milestone in Saudi Arabia. Changing the nation’s automotive scene and advancing the country’s Vision 2030’s sustainable transportation goals. The Centre opening took place as Tesla initiated deliveries of its Model 3 and Model Y, making it Tesla’s first operational facility in the world’s […]
Dubai — LG has unveiled ‘Radio Optimism,’ a cutting-edge AI-powered music platform designed to offer personalised musical experiences, aiming to combat the global issue of social isolation. This platform was launched in Dubai on June 24, 2025, reimagining our interaction through technology by enabling users to compose and share original music with their loved ones.
Dubai, United Arab Emirates – Alteryx, Inc., a leading AI and data analytics company, today announced the appointment of Michelle Huff as Chief Marketing Officer (“CMO”) to lead the company’s marketing strategy.
The University of Massachusetts Chan Medical School recently handed out honorary doctorate degrees to Majid Jafar, the CEO of Crescent Petroleum, and his wife, Lynn Barghout Jafar, who co-founded the Loulou Foundation.
The African Development Bank (AfDB) has commenced construction of its new permanent country office in Lusaka, Zambia, in a milestone in 54 years of partnership with the nation.