Qatar's Hamad International Airport will kick off a major new expansion plan this year. The project will increase the Doha airport's passenger capacity from 50 million to 65 million passengers. Qatar Airways CEO Akbar Al Baker says the expansion will be completed "as soon as possible".
UAE reinforces trade flow stability, supply chain resilience
The UAE’s Minister of Foreign Trade, Dr. Thani bin Ahmed Al Zeyoudi, has chaired a high-level coordination meeting in Dubai, bringing together global shipping leaders and maritime industry representatives to tackle ongoing challenges affecting regional supply chains.
Meta unveils first AI model from costly superintelligence team
Meta Platforms on Wednesday unveiled Muse Spark, the first artificial intelligence model from a costly team it assembled last year to catch up with rivals in the AI race.
UAE, Bahrain central banks announce currency swap agreement
The Central Bank of the United Arab Emirates (CBUAE) and the Central Bank of Bahrain (CBB) have announced the establishment of a currency swap agreement with a nominal value of AED 20 billion (BHD 2 billion) and a tenor of five years.
Borouge shareholders approve $1.32 billion 2025 dividend
Shareholders in Abu Dhabi-listed Borouge approved a $1.32 billion dividend for 2025 on Tuesday, as the petrochemicals company reported strong financial performance.
Emirates NBD launches business support package for SMEs
Emirates NBD has unveiled a business support package that consists of a set of temporary fee-relief measures to help SMEs manage day-to-day operations over the next few months.
