Dubai port operator DP World is buying a $50 million stake in US tech start-up Hyperloop One. Los Angeles-based Hyperloop One is gearing to build a futuristic transport system that will move people and goods through a vacuum tube at more than 1,000 kilometres per hour. Apart from DP World, 137 Ventures, French National Rail Company and GE Ventures have made their contributions, taking the total funding to $160 million.
'All roads' lead to higher prices, slower growth, IMF chief says
The war in the Middle East will lead to higher inflation and slower global growth, the head of the International Monetary Fund said on Monday, ahead of a fresh forecast for the world economy planned by the global lender for next week.
ADNOC Gas shareholders approve record $3.6 billion dividend for 2025
ADNOC Gas confirmed shareholder approval of a record $3.584 billion dividend for 2025, with a final dividend of $896 million payable in May, at its Annual General Meeting on Monday.
Dubai South supports SMEs at Business Park through flexible package
Dubai South has announced a flexible and support package for its SME community at the Business Park, aimed at supporting its growing base of businesses.
UAE becomes top 10 global exporter, WTO figures show
The UAE has become one of the world’s top 10 exporting countries for the first time, according to the latest figures from the World Trade Organisation’s (WTO) “World Trade Prospects and Statistics” report.
ADNOC Gas says domestic demand still being met after Habshan attack
ADNOC Gas said on Sunday that demand in the UAE was being met through its other facilities after the Habshan complex in Abu Dhabi was hit by debris from an intercepted attack on Friday.
The UAE's Nafis programme, which aims to empower national talent in the private sector, has been extended until 2040.
Civil defence teams in Sharjah have begun cooling operations after bringing under control a fire that broke out at a clothing warehouse in Sharjah Industrial Area 10 on Monday afternoon.
Abu Dhabi welcomed a record 26.6 million visitors in 2025, the Department of Culture and Tourism - Abu Dhabi said on Monday, marking its strongest tourism performance to date.
