Wednesday 21 May 2025

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Qatar launches $1bn investment incentives scheme

In a strategic move to drive investment growth and accelerate economic diversification, Invest Qatar has launched a $1 billion incentives programme, aimed at strengthening Qatar’s position as a leading global business hub.

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PASSENGER NUMBERS UP 16%
Etihad Airways Q1 net profit soars 30% to $187m

Etihad Airways has delivered record results and highest customer satisfaction performance in the first quarter of 2025, building on last year’s momentum with further notable improvements across revenue, operational efficiency, and fleet expansion.

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TAILORED FUNDING FOR SMEs
UAE secures $11bn in finance to drive industrial innovation

UAE's Ministry of Industry has signed MoUs with leading national banks including First Abu Dhabi Bank, Emirates NBD and Abu Dhabi Commercial Bank to secure finance worth AED40 billion ($10.8 billion) in bank partnerships to drive industrial innovation.

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INSIGHT
Connected factory needs connected leaders

Greater strategic alignment is needed among manufacturing executives to achieve digital transformation, suggests Zebra’s latest Manufacturing Vision Study.

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OPINION
Global trade complexity drives innovation in maritime solutions

The global maritime transportation industry has entered into a new era defined by rapid integration of advanced technologies and digitalisation. These changes are reshaping maritime operations, especially in navigation, communication and automation.

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Top Trade News

icondown

Industry Sectors

Construction & Real Estate

Majid Al Futtaim unveils key phase of Dubai forest living community

Majid Al Futtaim, a mall developer and leisure pioneer in the region, has announced a key milestone at its forest living community, Ghaf Woods with the launch of its third phase - Capria - mainly tailored for families, wellness and fitness enthusiasts.

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Retail & Wholesale

Yango inks deal with Grand Hypermarkets for GCC operations

Yango Tech, a key provider of B2B tech solutions to local businesses, has entered into a partnership deal with Grand Hypermarkets that will see the rollout of its full e-grocery automation stack across malls in the UAE, Kuwait, Qatar, Oman and KSA.

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Energy, Oil & Gas

AD Ports, Advario eye green energy, liquid bulk storage JV

AD Ports Group has signed a head of terms agreement with Advario, a leading global provider of tank storage and infrastructure solutions, that will see the duo set up a new venture for development of green energy and liquid bulk storage projects in UAE.

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Finance & Capital Market
Analysis, Interviews, Opinions

Connected factory needs connected leaders

Greater strategic alignment is needed among manufacturing executives to achieve digital transformation, suggests Zebra’s latest Manufacturing Vision Study.

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Industry, Logistics & Shipping

H.B. Fuller opens manufacturing hub in Ras Al Khaimah

H.B. Fuller, a leading global pureplay adhesives provider, has launched its new regional manufacturing facility in Ras Al Khaimah Economic Zone, reinforcing its commitment to innovation, sustainability, and growth across the Middle East and North Africa.

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Travel, Tourism & Hospitality

VFS launches world's largest visa application centre in Dubai

VFS Global, the global leader in trusted technology services, has launched its flagship Visa Application Centre in Dubai’s Wafi City, marking the opening of the largest visa application facility in the world.

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IT & Telecommunications

BOLD, My Aion to launch $2.5bn AI urban infrastructure initiative

Abu Dhabi-based security company BOLD Technologies said it has joined hands with My Aion to develop AION SENTIA Cognitive City, a next-generation AI platform designed to manage complex urban systems. It is structured under a $2.5 billion BOT model.

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Motoring

Cadillac launches OPTIQ - brand's first all-electric SUV

Cadillac Middle East has announced the arrival of the 2025 Cadillac OPTIQ, the brand’s first all-electric SUV in the UAE, Qatar, Bahrain, and Kuwait.

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Health & Environment

Tawoos in deal to acquire NMC's Omani healthcare unit

Omani business group Tawoos has announced that it has entered into an agreement with NMC Healthcare, a leading private healthcare provider group in UAE, to acquire NMC Oman. Founded in 2016, it comprises two hospitals and 6 clinics across the sultanate.

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Media & Promotion

Batelco by Beyon seals partnership with City Centre Bahrain

Batelco by Beyon and City Centre Bahrain have signed an agreement to jointly develop and execute a series of value-added initiatives and projects focused on enriching customer experience through connectivity, shopping, dining and entertainment.

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Education, HR & Training

Tawazun, Thales unveil special work packages for Emirati suppliers

UAE-based Tawazun Council and French multinational aerospace and defence corporation Thales have signed an agreement to empower more than 20 certified local suppliers under the Go to UAE project with work packages worth AED600 million ($163 million).

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Miscellaneous

Deal inked to set up air surveillance radar production facility in UAE

Tawazun Council and Thales have signed a cooperation agreement to locally produce advanced Ground Master series air surveillance radars. This agreement supports the UAE’s vision to boost local manufacturing and develop national defence capabilities.

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