Journalist
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Mubadala Reports Asset Value Increase to 1.4 Trillion Dirhams with 17% Growth
Mubadala Investment Company has announced its financial results for the year 2025, showcasing robust performance across its diverse investments. The current asset value of the company has risen to AED 1.4 trillion, equivalent to USD 385 billion, achieving a...
Rapid Growth and Record Participation in Make it in the Emirates
Hassan Jasim Al Nuaimi, the Undersecretary of the Ministry of Industry and Advanced Technology, emphasized the crucial role of the industrial sector in the UAE, highlighting it as a foundational element for enhancing stability and sovereignty, while also supporting...
Dubai Establishes Foundations of Openness and Progress Amid Global Changes
Issam Kazem, the CEO of the Dubai Tourism and Commerce Marketing Authority, emphasized that Dubai is effectively managing current regional challenges while maintaining high levels of stability and security. He highlighted the commitment to ensuring the safety and well-being...
Sultan Al Jaber Urges Immediate Opening of Hormuz Strait Without Restrictions on Global Energy Lifeline
Dr. Sultan Ahmed Al Jaber, the Minister of Industry and Advanced Technology and the CEO of ADNOC and its affiliated companies, emphasized the necessity of fully opening the Strait of Hormuz without any restrictions or conditions. He underscored that...
Members of the Vegetable and Fruit Traders Task Force: Dubai’s Infrastructure and Logistics Flexibility Enhances Food Abundance and Variety
Members of the vegetable and fruit traders working group, under the Dubai Chamber of Commerce, have confirmed that the abundant variety of food products available in the emirate's markets—including fresh and perishable goods—highlights Dubai’s competitive advantages. This is particularly...
Al Habtoor Launches a Commercial Tower Worth 5 Billion Dirhams as Part of Ambitious Expansion in the UAE
The Al Habtoor Group has announced the launch of a significant new project, featuring a world-class commercial tower set to become a key landmark in Habtoor City. The investment for this initiative exceeds 5 billion dirhams, with further details...
Dubai Mortgages Four Plots of Land for 1.7 Billion Dirhams
On Thursday, the real estate market recorded four significant mortgage transactions totaling 1.7 billion dirhams, indicating strong liquidity and persistent confidence from financial institutions amidst regional challenges.Data from the Dubai Land Department revealed that the first parcel of land...
Mubadala Contributes 45 Billion Dirhams to Abu Dhabi’s GDP
In 2025, Mubadala continued its efforts to strengthen the national economy by creating quality job opportunities for local talent, attracting global investments, and accelerating the growth of strategic sectors crucial for the long-term competitiveness of the national economy. Mubadala...
Bankruptcies Among Companies in Germany Reach Highest Level in 20 Years
The number of corporate bankruptcies in Germany rose to its highest level in over two decades during the first quarter of the current year.According to the Leibniz Institute for Economic Research in Halle, there were 4,573 recorded bankruptcies for...
Global Aircraft Rental Program with Annual Investments of $1.6 Billion
Dubai Aerospace Enterprises and Blackstone Credit and Insurance have entered into a partnership to launch a new long-term global investment program named "Equator," aimed at investing in aircraft leased to commercial airlines, with targeted investments of approximately $1.6 billion...