By Rafiq Vayani ABU DHABI: Object 1, an award-winning and rapidly growing real estate developer, has closed a major land investment in Abu Dhabi, marking a significant step forward in its expansion into the capital. The developer has acquired four waterfront plots on Al Reem Island, within the Shams Gate District, with a combined development area of over 2 million …

Abu Dhabi becomes home to newest Centre for the Fourth Industrial Revolution, focused on Quantum, Robotics, Space Tech and relate AI applications DAVOS, Switzerland: The Technology Innovation Institute (TII), the applied research arm of Abu Dhabi’s Advanced Technology Research Council (ATRC), and the World Economic Forum (WEF) have announced the launch of the Abu Dhabi Centre for Frontier Technologies, a …

DUBAI: The Emirates Airline Festival of Literature kicked off the day with powerful ideas and practical leadership lessons at the Business Breakfast: Boardroom Lessons from a Hostage Negotiator. Renowned former Scotland Yard hostage negotiator Scott Walker captivated audiences as he explored key insights from his book Eye of the Storm: How to Make Good Decisions in Bad Situations, offering a rare look …

News Desk DUBAI: HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), held discussions with Gordon Thomson, President for Europe, Middle East and Africa (EMEA) at Cisco, on deepening strategic collaboration across digital transformation, advanced technology and cyber security. The meeting was attended by Marwan Bin Haidar, Executive Vice President of Innovation and the Future at …

As AI-powered search cuts customer acquisition costs for 76% of businesses, global brands ramp up investment amid the rise of AI-native shoppers DUBAI: AI-powered search and shopping agents are rapidly reshaping ecommerce economics, according to new research from Pattern Group Inc. (Nasdaq: PTRN), a leader in accelerating brands across global ecommerce marketplaces through proprietary technology and AI. Pattern’s latest study …

By Rafiq Vayani DUBAI: Africa–UAE economic relations reached a defining moment today with the official launch of the CRDB Bank Dubai Representative Office at the Dubai International Financial Centre (DIFC), marking the first time a Tanzanian bank has established a presence within one of the world’s most influential financial hubs. The milestone positions Tanzania, together with the East and Central …

News Desk FUJAIRAH: National Bank of Fujairah (NBF) is pleased to announce the opening of its new NBF Ras Al Khaimah Branch, marking an important step in the Bank’s continued expansion across the Northern Emirates. The opening was marked in a ceremony attended by Members of the Board of NBF, and other senior management. The new branch reflects NBF’s continued …

Ranks as Dubai’s 5th Top Off-Plan Seller; Launches 16 Projects and Completes Major Vertical Integration Milestone By Rafiq Vayani DUBAI: Samana Developers, an award-winning real estate developer based in Dubai, today announced its financial and operational results for the fiscal year 2025, marking the most successful year in the company’s history. The developer recorded a staggering AED 7.1 billion in …

K-Electric continued its crackdown on electricity theft, unearthing several cases of meter tampering in the North Karachi Industrial Area. K-Electric’s data monitoring unit indicated nearly 800,000 units of electricity could have been lost annually owing to the scale of the theft. Over just the past three months, 10 cases of meter tampering were detected in the area, while another 22,400 …

Transaction reflects the Group’s strategy to actively manage its expanding asset portfolio, recycle capital, and optimise balance sheet structure By Rafiq Vayani ABU DHABI: AD Ports Group (ADX: ADPORTS), a leading global enabler of integrated trade, industry and logistics solutions, has today announced the sale of KEZAD Logistics Park – KLP Free Zone 3 (FZ3) in Abu Dhabi, a free …