The Abu Dhabi Investment Office (ADIO), in partnership with Space42, has unveiled the Middle East’s first commercial Synthetic Aperture Radar (SAR) satellite manufacturing facility—Space42 Space Systems—marking a major leap in the UAE’s sovereign space capabilities. Announced at Make it in the Emirates 2025, the facility will design, assemble, and test SAR satellites used for earth
Etihad Airways has confirmed a significant order for 28 wide-body Boeing aircraft as it accelerates its growth strategy aimed at doubling its fleet size by 2030. The new aircraft, a mix of Boeing 787s and the next-generation 777X models, are set to be delivered from 2028 and will be powered by GE engines, supported by
GCC Business Hub – May 19 Qatar Airways has announced a record net profit of 7.8 billion Qatari riyals ($2.1 billion) for the financial year ending March 31, 2024—a 28% increase from the previous year. This marks the airline’s most commercially successful year to date, driven by sustained regional demand despite global economic uncertainty. The
The Public Investment Fund (PIF) has announced the opening of a new subsidiary office in Paris, marking a significant step in strengthening its international presence and deepening ties with key partners in France. The launch coincides with the annual “Choose France” summit and will be attended by French President Emmanuel Macron, PIF Governor Yasir Al-Rumayyan,
On May 16, 2025, WeRide officially launched its fully driverless Robotaxi trials on the streets of Abu Dhabi, marking a new chapter in the UAE’s journey toward smart mobility. This makes WeRide the first company to operate autonomous vehicles on public roads in the emirate without a safety driver on board. The rollout includes service
In a landmark agreement that signals Qatar’s growing role in global aviation, Qatar Airways has signed a $200 billion deal with Boeing to acquire 160 advanced aircraft, including 787 Dreamliners and 777X jets. The announcement was made during U.S. President Donald Trump’s visit to the region, highlighting the deepening economic ties between Doha and Washington.