June 4, 2025
UAE

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Business News

Emirates SkyCargo Launches Dedicated Aircraft Engines Transport Solution

Emirates SkyCargo has unveiled Aircraft Engines, a specialised logistics solution under its new Aerospace and Engineering vertical, designed for the secure and efficient transport of aviation’s most valuable components. This new service reflects Emirates’ investment in infrastructure, innovation, and technical expertise to meet the needs of high-stakes industries. The Aircraft Engines solution prioritises speed and

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Business

Huda Kattan Reclaims Full Ownership of Huda Beauty

Huda Beauty has officially regained full independence, as founder Huda Kattan repurchased equity from private equity firm TSG Consumer Partners, ending their eight-year partnership. The move, finalized in June 2025, makes the Dubai-based beauty brand once again 100% founder-owned. TSG acquired a minority stake in 2017, helping fuel Huda Beauty’s global expansion. Now, with full

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News

Sharjah to Host 29th World Investment Conference in October 2025

Sharjah has officially secured its position as the host of the 29th edition of the World Investment Conference (WIC), a landmark global event in the investment landscape. The agreement was signed by the Sharjah FDI Office (Invest in Sharjah), in collaboration with the World Association of Investment Promotion Agencies (WAIPA) and the UAE Ministry of

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Business

One Development and Dubai Land Department Sign MoU to Drive Real Estate Innovation

In a move set to reshape the future of real estate in Dubai, One Development has signed a Memorandum of Understanding (MoU) with the Dubai Land Department (DLD), signaling a new era of strategic collaboration in the sector. The agreement aims to foster innovation, improve investor confidence, and raise industry standards by delivering smarter, more

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Business

NextEra: A Bold New Chapter in Saudi Arabia’s Digital Transformation

NextEra, a newly launched joint venture between Aramco Digital and global tech leader LTIMindtree, is setting the stage for a major leap in Saudi Arabia’s digital ambitions. Headquartered in Riyadh, the company is led by Dina Abo-Onoq, a seasoned executive with a strong background in technology consulting, now serving as CEO and Board Member. Built

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News

UAE Boosts Economic Cooperation with Lebanon Through High-Level Delegation

In a renewed push to strengthen bilateral ties, the Abu Dhabi Fund for Development (ADFD) joined a senior UAE delegation on a three-day visit to Lebanon, signaling a strong commitment to economic collaboration and sustainable development. The visit followed recent talks in Abu Dhabi between UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan

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News

Eid Al-Adha Holidays Announced for Dubai Government Entities

The Dubai Government Human Resources Department (DGHR) has officially declared the Eid Al-Adha holiday for the year 1446 AH. Government entities, departments, and institutions across Dubai will observe the break starting from Arafat Day, Thursday, June 5, 2025 (9 Dhul Hijjah), through Sunday, June 8, 2025 (12 Dhul Hijjah). Regular office hours will resume on

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News

Saudi Arabia and Kuwait announce new oil discovery in North Wafra field

Saudi Arabia and Kuwait have jointly announced a new oil discovery in the North Wafra Wara-Burgan field, located roughly 5 kilometers north of the Wafra field within the Partitioned Zone between the two nations. In a joint statement, the governments confirmed that crude oil flowed from the Wara reservoir in the North Wafra (Wara-Burgan-1) well

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Business

Hub71 Launches Google For Startups Accelerator In Abu Dhabi

Abu Dhabi’s Hub71 and Google have partnered to launch the Google for Startups Accelerator, a three-month programme designed to fast-track early-stage AI startups based in Hub71+ AI — the ecosystem’s dedicated AI vertical. This initiative reinforces Abu Dhabi’s ambition to position itself as a global hub for AI innovation. A total of 26 startups from

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