Aldar invests Dhs1b to expand its logistics real estate business

Aldar Properties has announced that it is investing a further Dhs1 billion to expand its logistics real estate business in Dubai and Abu Dhabi. Having first entered the logistics sector...

China forex reserves up to record $3.238 trillion in December: CB

China’s foreign exchange reserves rose in December, official data showed on Sunday, as the dollar fell against other major currencies. The country’s foreign exchange reserves - the world’s largest -...

Institutional investments in Indian realty maintained steady momentum

Taqa, Vision Invest and GIC Consortium win water reservoir project in Makkah

Abu Dhabi National Energy Company (Taqa), one of the largest listed integrated utilities in Europe, the Middle East and Africa, is delighted to announce its participation in the winning consortium...

Bitcoin climbs above $45,000 for first time since April 2022

Bitcoin stormed above $45,000 on Tuesday for the first time since April 2022 as the world’s biggest cryptocurrency started the New Year with a bang buoyed by optimism around possible...

US holiday retail sales grow 3.1%, down from the previous year

US retail sales rose 3.1% between Nov. 1 and Dec. 24, as shoppers looked for last-minute Christmas deals amid big promotions, a Mastercard report showed on Tuesday. The increase...

Mubadala Energy announces major gas discovery in South Andaman

Mubadala Energy on Tuesday announced a significant gas discovery from the Layaran-1 Exploration well, drilled in South Andaman, about 100 kilometres offshore North Sumatra, Indonesia. Mubadala Energy is the...

Air Arabia first flight takes off to Thailand’s tourist destination Phuket

Gulf Today, Staff Reporter Sharjah-based Air Arabia on Saturday marked the inauguration of its first flight to Phuket, Thailand, with a ceremony at Sharjah International Airport. ...

Etihad Airways pioneers Artificial Intelligence solutions to boost safety

Etihad Airways has become one of the first airlines to use Artificial Intelligence (AI) to enhance safety management systems, elevating them to an advanced level of sophistication. This strategic move...

Global tech firm enters UAE market, unveils smart solutions

Staff Reporter, Gulf Today The international Deep tech company XPANCEO officially opened a laboratory in Dubai and publicly presented three intermediate prototypes of a revolutionary smart contact lens for the...