Total investments of USD$4.3 trillion are needed in the coming 5 years to keep up with fast-growing demand for natural gas and make up for a lost decade of underinvestment, Majid Jafar, CEO of Crescent Petroleum, the Middle East’s oldest and largest private upstream oil and gas company, told ministers and energy industry leaders in
The Federal Authority for Identity, Citizenship, Customs and Port Security (ICP) has denied the accuracy of rumours circulated by some local and international media outlets and websites regarding the United Arab Emirates granting lifetime Golden Visas to certain nationalities. ICP clarified that the categories, conditions, and regulations of the Golden Visa are clearly defined in
In a new milestone for the UAE, 17-year-old Fatima Abdulrahman Al Awadhi has become the youngest Emirati to summit Mount Elbrus in Russia, Europe’s highest peak at 5,642 metres. The achievement marks the latest step in her pursuit of the “Seven Summits” challenge, a global mountaineering goal. Last year, she successfully climbed Mount Kilimanjaro, the
Agon Capital, a UAE-based leading private investment and conglomerate group, has announced that 60% of its current portfolio is now allocated to lifestyle-led assets, up from 30% in 2021. The shift reflects the company’s growing focus on experience-driven investments, including hospitality, sports, and leisure, in response to changing market dynamics and investor demand across the
As summer travel ramps up, the importance of accessible cities takes centre stage. With millions of people planning vacations, festivals, and outdoor events, ensuring that urban spaces are accessible for individuals with disabilities is essential. With this in mind, the organisation behind the Smart City Expo World Congress event has revealed the 25 most accessible smart
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, affirmed that proactiveness, future readiness, and strategic planning are key pillars of the distinguished governance model adopted by the UAE government. This model further strengthens the country’s global standing in terms of government efficiency and
Americana Restaurants International Plc, the leading quick-service and casual dining operator across the MENA region and Kazakhstan, has signed an exclusive franchise agreement with carpo – the premium lifestyle brand, originated in Athens, renowned for its premium nuts, artisanal chocolates, and refined coffee. The agreement grants Americana exclusive rights to build and operate carpo stores
