Salik is built around an unusually simple idea. Vehicles drive beneath toll gates. A fee is deducted automatically. Millions of these small transactions accumulate. The result is one of Dubai’s most profitable infrastructure businesses. Salik does not manufacture products. It does not operate thousands of shops. It does not need a large workforce relative to
Mohamed Bin Zayed University for Humanities (MBZUH) highlighted the UAE’s experience in promoting tolerance, coexistence and interfaith dialogue during the “One World: One Humanity Summit” in New York. The summit brought together 250 religious leaders from around 30 countries to discuss ways to confront hatred, violence and division, strengthen interfaith dialogue and promote shared human
Standard Chartered today announced the expansion of its institutional Bitcoin (BTC/USD) and Ether (ETH/USD) spot trading in the UAE through ‘Standard Chartered DIFC’. This makes Standard Chartered the first Global Systemically Important Bank (G-SIB) to offer the capability in the market and the only global bank currently offering institutional digital asset spot trading in the
For decades, the business model of a fuel station appeared remarkably straightforward. Drivers arrived. They filled their tanks. They paid. Then they continued their journey. Electric vehicles are beginning to challenge that model. Cars can increasingly charge at homes, offices and public charging stations. Governments are supporting lower-emission transportation. Mobility is becoming more digital. For
Khorfakkan Port, part of the Sharjah Ports, Customs and Free Zones Authority, has welcomed MSC MARIELLA, one of the world’s largest container vessels, with a capacity of 24,346 twenty-foot equivalent units (TEUs). Operated by Mediterranean Shipping Company (MSC), the ultra-large container vessel (ULCV) measures around 400 metres in length and more than 61 metres in
Some of the world’s most aggressive digital banks are startups. Mashreq is taking a very different route. Founded in Dubai in 1967, the bank has existed through almost the entire modern economic history of the UAE. It witnessed the country’s transformation from a relatively small regional trading economy into an international centre for finance, aviation,
The countdown to the 13th Sharjah International Film Festival for Children and Youth (SIFF) has begun, with the festival confirming its dates from 25 October to 1st November 2026 at City Centre Al Zahia, Sharjah, and House of Wisdom, under the guidance of His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member