Author: Arabian Media staff
Image credit: WAM/Website The UAE is consolidating its position as one of the world’s most dynamic and resilient economies, with the International Monetary Fund (IMF) forecasting that it will deliver the fastest growth in the Gulf region in 2025. Despite a challenging global backdrop marked by geopolitical uncertainty and uneven recovery, the UAE continues to attract strong investment inflows and deliver solid performance across key sectors. According to the IMF, the country’s real GDP is now expected to expand by 4.8 per cent in 2025, up from earlier projections, with growth accelerating further to 5 per cent in 2026. The…
Image credit: WAM/Website Air Arabia Abu Dhabi has launched its first direct flights to the Syrian capital, Damascus, marking another milestone in the airline’s expanding network from the UAE capital. The new route reaffirms the carrier’s commitment to offering affordable and convenient travel options across the region. The inaugural flight was greeted with a traditional water salute upon arrival at Damascus International Airport. A welcoming ceremony followed, attended by officials from Air Arabia, the Syrian Civil Aviation Authority, and Damascus International Airport management, according to a WAM report. Read more-Air Arabia CEO Adel Al Ali on the strategy behind the…
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Image: Aramco Saudi Arabia’s Public Investment Fund (PIF) and energy giant Aramco have reached a landmark agreement, outlining plans for Aramco to acquire a minority stake in HUMAIN, the PIF-backed artificial intelligence (AI) company. The agreement, announced today, marks a strategic move to accelerate the growth of HUMAIN and position Saudi Arabia at the forefront of global AI innovation. Under the non-binding term sheet, both PIF and Aramco will contribute their AI assets, expertise, and talent to HUMAIN, creating a powerhouse for AI research and development. While Aramco will take a minority stake, PIF will maintain majority ownership, ensuring continued…
Image credit: Dubai Media Office/Website The ninth edition of the Dubai Fitness Challenge (DFC), an initiative of Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of The Executive Council of Dubai, is set to launch on November 1, 2025, renewing Dubai’s quest to be recognized as one of the world’s most active cities. Exuding a universally appealing vibe with its ‘Find Your Challenge’ theme, DFC 2025 invites residents and visitors alike to commit to 30 minutes of daily physical activity for 30 days, transforming…
Image: Supplied As Amazon’s VP for the Middle East, Africa, and Turkey (MEAT), Ronaldo Mouchawar oversees one of the e-commerce giant’s most diverse and fast-evolving territories. Tasked with driving growth across markets ranging from the Gulf’s advanced infrastructure to Africa’s emerging digital economies, he has centered his leadership on Amazon’s core tenets: customer obsession and innovation at scale. In this interview with Gulf Business editor, Neesha Salian, he discusses how this philosophy has made the region a global launchpad for services such as Amazon Now, details the unique localisation challenges, from navigating non-traditional addresses to managing cash payments, and explains…
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