UAE leaders congratulate President of Chad on Independence Day

President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to Mahamat Idriss Deby Itno, President of the Republic of Chad, on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and […]

UAE a global hub for cultivating disruptive technology: AI experts

Executives from leading artificial intelligence (AI) companies have highlighted the leadership of the UAE and Dubai in attracting global innovators, startups, and capital, as well as leaders from various sectors of the digital economy to the Middle East. In statements to the Emirates News Agency (WAM) during a panel discussion held at the Dubai International […]

NMDC Energy recognised as Industry 4.0 Digital Leader by MoIAT

NMDC Energy, a subsidiary of NMDC Group, has been officially recognised and certified as an Industry 4.0 Digital Leader by the Ministry of Industry and Advanced Technology (MoIAT). This distinction recognises NMDC Energy as a leader in the Fourth Industrial Revolution, leveraging state-of-the-art technologies to enhance operational efficiency, promote sustainable growth, and increase competitiveness within […]

Abu Dhabi’s ADQ signs agreement to acquire strategic minority investment in Sotheby’s

ADQ, an Abu Dhabi-based investment and holding company, has signed a definitive agreement with Sotheby’s, the global leader in fine art and secondary market luxury, for ADQ to acquire a minority interest. Under the terms of the agreement, ADQ will acquire newly issued shares of Sotheby’s to further strengthen its balance sheet and augment the […]

Abu Dhabi realty makes steady gains in Q2 2024: ValuStrat report

Abu Dhabi’s real estate sector continues to remain robust, according to the latest quarterly report by ValuStrat. The second quarter of 2024 witnessed sustained growth across all segments. Residential property values soared, with villa prices surging by an impressive 7.3% year on year (YoY) and 2.2% quarter on quarter (QoQ). Apartment prices also recorded commendable […]