Dubai Unveils Iltizam, the World’s First AI-Powered Government Financial Governance System Dubai launches Iltizam, an AI-powered government financial governance system that produces instant compliance reports to boost public sector transparency. …
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Business
Dubai International Airport maintains world’s busiest status with 4.54 million international seats
by James Bryantby James BryantDubai International Airport schedules 4.54 million international seats for August, retaining world’s busiest status Dubai International Airport schedules 4.54M international seats in August, retaining its status as the world’s busiest …
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Business
Apple reclaims world’s most valuable company title, investors watch AI capital spending
by James Bryantby James BryantApple regains world’s most valuable company crown as market value reaches $4.94 trillion Apple regains world’s most valuable company title with $4.94tn market cap, surpassing Nvidia; investors eye capex, AI …
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Business
Dubai’s VDX vertiport secures world’s first regulatory approval for commercial eVTOL operations
by James Bryantby James BryantGCAA approves VDX vertiport, clearing way for Dubai eVTOL air taxi services GCAA approves VDX vertiport in Dubai for eVTOL operations, paving way for commercial air taxis and a Skyports-led …
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China’s LineShine supercomputer reclaims top spot on TOP500 with 2.198 exaflops China’s LineShine supercomputer tops the TOP500 rankings, achieving 2.198 exaflops and becoming the world’s fastest known system for the …
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Business
ADNOC awarded 60% stake in world’s largest Bab gas-cap development project
by James Bryantby James BryantADNOC-Led Consortium Wins Concession for Bab Field Gas-Cap Development Abu Dhabi’s Supreme Council approves Bab field gas cap development agreement, assigning a 60% stake to ADNOC with international partners holding …
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Business
UAE real estate named world’s top investment destination in global investor survey
by James Bryantby James BryantUAE Tops Global Real Estate Investment Index as 56% of Investors Target Emirati Property Arada–Penta index ranks the UAE top global real estate investment destination, with 56% of investors citing …
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Business
Emirates Launches $5.1bn Dubai South Engineering Complex to Become World’s Largest MRO
by James Bryantby James BryantEmirates engineering centre: $5.1bn MRO complex breaks ground at Dubai South Emirates lays cornerstone for $5.1bn Emirates engineering centre at Dubai South, a 1.1m sqm MRO complex to service widebody …
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Business
UAE cements position as world’s second-largest gold trading hub, unveils federal standards
by James Bryantby James BryantUAE gold trading strengthened as minister inspects Dubai Gold Souk and unveils regulatory measures Minister Abdullah bin Touq Al Marri inspects Dubai Gold Souk as UAE gold trading cements its …
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Dubai International Airport, during April, has registered more than 5 million seats scheduled for international flights (about 10 million in both directions), bringing the total number of scheduled seats in …