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News

eXpace Launches the World’s First AI-Powered Infrastructure-as-a-Service for Parking

By editor
May 14, 2025 UTC
in :  Business & Finance, News

Web Desk DUBAI: Today marks the go-live of eXpace, a revolutionary platform designed to transform urban parking management. As the first Infrastructure-as-a-Service (IaaS) solution for smart and secure parking, eXpace combines advanced technology with physical access control to deliver a seamless and efficient experience. This innovative platform aims to solve the challenges of urban mobility, enhancing convenience and providing a …

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Blue Remit Partners with Western Union to offer Cross-Border Money Transfer Services

By editor
May 14, 2025 UTC
in :  Business & Finance, News

DUBAI: Blue Remit, a leading provider of innovative cross-border remittance solutions and a subsidiary of Al Ansari Financial Services PJSC, has signed a strategic collaboration partnership with Western Union. This partnership brings together Blue Remit’s innovative digital platform and Western Union’s vast global money transfer network, which spans over 200 countries and territories. Customers have the flexibility to transfer funds …

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Elevating Luxury: Emirates unveils more enhancements to First Class

By editor
May 14, 2025 UTC
in :  Business & Finance, News, Travel

News Desk DUBAI: Emirates is the world’s largest operator of international First Class travel – offering 26,800 seats a week and the largest inventory of international First Class seats in the industry, entirely comprised of private suites. Emirates continues to refine its First Class ‘Fly Better’ experience, with an array of new enhancements for First Class customers; from keepsake menus to gloved …

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IATA Highlights Value of Aviation for Kenya

By editor
May 14, 2025 UTC
in :  Business & Finance, News

Web Desk DUBAI/NAIROBI: The International Air Transport Association (IATA) released the Value of Air Transport study for Kenya, quantifying the substantial benefits that aviation (including aviation-related tourism) generates in terms of jobs and economic activity. Highlights from 2023 data show that aviation supports and facilitates: USD 3.3 billion of economic activity (total impact including wider supply chain, employee spending, and …

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Qualcomm and HUMAIN to Develop State-of-the-Art AI Data Centers to Deliver Cloud-to-Edge Hybrid AI Services

By editor
May 14, 2025 UTC
in :  Business & Finance, News

News Desk DUBAI/RIYADH: Qualcomm Technologies, Inc., a technology leader enabling connected intelligent computing, and HUMAIN, a national artificial intelligence (AI) champion advancing Saudi Arabia’s goals for AI, today signed a Memorandum of Understanding (MOU) with the intent to enter a strategic collaboration for the development of next-generation AI data centers, infrastructure and cloud-to-edge services to meet the rapidly growing demand …

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AviLease places first direct order for 30 Boeing 737 MAX aircraft

By editor
May 14, 2025 UTC
in :  Business & Finance, News

News Desk RIYADH: AviLease, the global aircraft lessor headquartered in Saudi Arabia, today announced that it has signed an agreement with Boeing for an order of 30 Boeing 737-8 aircraft. Marking AviLease’s first direct OEM order, this strategic investment will enable AviLease to provide its global customer base with new technology, fuel-efficient fleet solutions, while simultaneously fostering the growth of …

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NordStella to Host MENA Effie TLP 2025 in Dubai, Spotlighting Media Effectiveness

By editor
May 13, 2025 UTC
in :  Business & Finance, News

By Rafiq Vayani DUBAI: NordStella, a community-driven powerhouse in event management and content-driven experiences, is set to host the MENA Effie Thought Leadership Program (TLP) on 14 May 2025 at the Conference Center, Dubai Knowledge Park, bringing together over 150 senior professionals from the region’s marketing, media, and advertising ecosystem for an afternoon of insights, analysis, and networking under the …

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Robust transaction activity powers Dubai’s residential market in Q1 2025

By editor
May 13, 2025 UTC
in :  Business & Finance, News

Property transaction volumes rose 23% y-o-y, dominated by apartments DUBAI: Dubai’s residential market started the year on a strong note, amid sustained demand by a growing population and heightened investor interest. According to the Savills Q1 2025 Dubai Residential Market in Minutes report, the first quarter of the year recorded a robust 23% y-o-y increase in transaction volumes, underscoring the …

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Karachi’s Trade Leaders Unite to Salute Pakistan Armed Forces’ Swift Victory

By editor
May 13, 2025 UTC
in :  Business & Finance, News

KARACHI: Under the leadership of the Korangi Association of Trade and Industry (KATI), representatives from all major trade and industry associations in Karachi held a joint press conference to pay glowing tribute to the Pakistan Armed Forces for their steadfast defense and successful response to recent Indian aggression. Speaking on the occasion, KATI President Junaid Naqi lauded the Armed Forces, …

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Etihad Reports April 2025 Traffic Statistics

By editor
May 13, 2025 UTC
in :  Business & Finance, News, Travel

  Apr-24 Apr-25 2024 YTD 2025 YTD Passengers 1.4 million 1.7 million 5.7 million 6.7 million Passenger load factor 84% 89% 86% 87% Operating fleet size([1]) 89 99   Passenger destinations 68 72             ABU DHABI: Etihad Airways, the national airline of the United Arab Emirates, has released its traffic statistics for April 2025, demonstrating …

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Latest Interviews

Emirates expands reach in China through interline partnership with Loong Air

editor
February 13, 2026 UTC

By Rafiq Vayani DUBAI: Emirates and Loong Air have signed an interline agreement, increasing …

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