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Andy Sambidge

International Editor

UK-based journalist covering all regions and sectors in the Gulf. Andy has worked for local, regional and international media for over 35 years, including more than a decade covering the Middle East. He won the 1991 Press Gazette Campaigning Journalist of the Year

Andy Sambidge
Horse, jockey

Dubai World Cup is jewel in the UAE’s $2.4bn sports sector

The Dubai World Cup, arguably the emirate’s biggest event of the year, takes place on Saturday as the city aims to grow its $2.4 billion sports sector. The Meydan Racecourse is set to play host to the 27th edition of the meeting, bringing together the world’s best racehorses, jockeys and trainers. This year’s event is […]

Architecture, Building, Landmark

Food Tech Valley set to triple food production in Dubai

The development of Food Tech Valley just outside Dubai represents a milestone in the UAE’s efforts to improve food security. The Emirates currently imports 90 percent of its food and only 5 percent of its land is suitable for arable production. Food Tech Valley, a partnership between the Ministry of Climate Change and Environment and […]


Saudi-backed clean energy firm announces push into Europe

Fotowatio Renewable Ventures, part of Saudi-based Abdul Latif Jameel Energy, has announced the commissioning of its latest solar farm in Spain as part of a major push into Europe. The San Serván 400 project, which consists of three 50 megawatts farms, will provide over 100,000 homes with clean energy in the Extremadura region in the west […]

Qatar Airways planes

New UK tourist visa set to boost GCC trade corridor

Visitors from Qatar will be the first to benefit from the new UK tourist visa scheme, ahead of a worldwide expansion of the scheme throughout 2024.  Qatari visitors will be the first to be able to apply for an electronic travel authorisation (ETA) in October. The rest of the GCC and Jordan can apply for […]

Taqa Geothermal agreement

Saudi teams up with Iceland to explore its geothermal potential

Iceland is helping Saudi Arabia to explore its geothermal power resources as the kingdom accelerates its transition away from hydrocarbons. The Saudi Industrialisation and Energy Services Company (also known as Taqa) and Reykjavik Geothermal have signed a joint venture agreement to establish Taqa Geothermal Energy, headquartered in Riyadh. The deal comes as research shows that Saudi […]

Bahrain FinTech Bay is seen as staff chat in its office in Bahrain Bay, Manama, Bahrain

GCC faces tech talent shortage while Meta cuts 10,000 jobs

Experts warn that the fintech sector in the GCC still has several obstacles to overcome, chief among them a shortage of talent. Against this backdrop, Riyadh hosted the region’s largest fintech recruitment fair last week. The two-day Fintech Careers Fair involved more than 50 companies showcasing 600 job opportunities. Over 8,000 people attended. It took […]

An Agility warehouse. The Kuwaiti company and its partner Hassan Allam have announced an initial investment of $100m in their Egypt venture

Agility and Hassan Allam link up to build logistics parks in Egypt

Kuwaiti logistics specialist Agility has formed a joint venture with the development arm of Hassan Allam Holding to build and run warehouses in Egypt.  The venture, Yanmu, is due to open its first logistics park in August with an initial investment of about $100 million, Agility said in a stock market filing. The development, a […]

Abdulla bin Touq Al Marri, economy minister and chairman of the General Civil Aviation Authority, said the UAE was keen to adopt new air cargo technology

UAE issues first licence to test electric cargo planes

The UAE has issued its first licence for electric cargo planes as it steps up efforts to support sustainable transport technology. The Emirati government’s Regulations Lab issued the licence to US shipping giant UPS, to test electric vertical takeoff and landing (eVTOL) aircraft in the UAE. The agency said in a statement that the licence […]

GCC metro push could bring a $700bn economic boost

Investing an extra $220 billion into GCC metro systems could lead to $700 billion worth of benefits over 20 years, according to experts, as the region seeks transport solutions to meet demand from rising populations. Growing populations, ambitious economic growth goals, new expectations for commute times and plans to improve quality of life are all […]

Woman, People, Person

GMG opens Egypt HQ with plans for 1,000 new jobs

GMG, which manages more than 120 retail brands across the Middle East, North Africa and Asia, has announced plans to increase its Egyptian workforce 10-fold over the next four years. The retailer, headquartered in Dubai, said it has opened a dedicated office in Cairo to support plans to create more than 1,000 new jobs in […]

Union Properties

Dubai’s Union Properties returns to profit after restructuring

Union Properties, one of Dubai’s oldest developers, announced on Monday a turnaround in fortunes – transforming a AED966 million ($263 million) net loss in 2021 to a AED30 million ($8.1 million) net profit last year. The Dubai Financial Market-listed company also said revenue from customer contracts increased by 5 percent year-on-year to AED419.2 million in […]

Suez Canal

Bahri links with Suez as Saudi and Egypt revamp trade alliance

Saudi shipping giant Bahri has signed a memorandum of understanding with Egypt’s Suez Canal Authority to set up a joint venture to transport general and bulk cargo, chemicals and oil. Bahri, also known as The National Shipping Company, and the Authority, which manages and operates one of the world’s most heavily used shipping lanes, aim to establish […]

Hotel group Marriott has presented a vision for its properties on luxury island Sindalah

Saudi tourism appeal growing ‘at the speed of light’

Saudi Arabia’s tourism sector is growing “at the speed of light”, a senior official said as the Gulf kingdom made its debut at the Berlin travel show. According to Fahd Hamidaddin, CEO of Saudi Tourism Authority, the country recorded a total of 93.5 million domestic and international visits last year as it transforms “at a […]

UAE industrial giant pins future on net zero 2050 ambitions

Emirates Global Aluminium (EGA) – the UAE’s largest industrial company outside those focused on oil and gas – is pinning its future on the country’s decarbonisation efforts as the global market for aluminium remains under pressure. The company said it is committed to producing aluminium more sustainably and, last year, produced 57,000 tonnes of CelestiAL […]

Qatar's new prime minister Sheikh Mohammed, pictured in Doha last November, will inherit a rebounding private sector

New Qatari PM takes helm as business activity bounces back

Business activity in Qatar rebounded in February, recording its highest month-on-month growth since the country lifted its Covid lockdown.  The Qatar Financial Centre purchasing managers’ index (PMI) – released one day before the cabinet reshuffle that elevated Sheikh Mohammed bin Abdulrahman Al Thani to prime minister – hit 51.9 in February, up 6.2 points from […]

Mubadala part of $1.95bn deal for stake in US insurance giant

Mubadala Investment Company has partnered with co-investors to buy a stake in the sixth-largest insurance broker in the US. The Abu Dhabi sovereign investor announced on Tuesday that it has partnered with primary investor Stone Point Capital and other investors to purchase a 20 percent stake for $1.95 billion in Truist Insurance Holdings, a subsidiary […]

Georgia Meloni and Sheikh Mohamed bin Zayed Al Nahyan

UAE and Italy elevate trade status in bid to grow $7bn relationship

The UAE and Italy have elevated relations to the level of a strategic partnership as the countries aim to build on growing trade figures seen last year. The announcement came after a meeting held on Saturday between President Sheikh Mohamed bin Zayed Al Nahyan and Italy’s Prime Minister Giorgia Meloni in Abu Dhabi during her […]


Dubai firms head to Central Asia to build trade relationships

A delegation of business leaders from Dubai will be heading to Central Asia next week to build on a non-oil trade relationship worth more than $2.4 billion. Dubai International Chamber said the first New Horizons trade mission – a new initiative to drive international expansion of its members to new markets – will focus on […]

People, Person, Man

DP World opens Somaliland hub as it seeks trade boost in Africa

DP World has set up an economic zone in Somaliland as part of its plan to build a major trade hub in the Horn of Africa. The Berbera Economic Zone was inaugurated on Friday by the Dubai-based port operator and the government of Somaliland, a self-declared republic in east Africa. The project is also supported […]

A total of 1,300 employees joined Flydubai last year, 80% of whom are cabin crew, engineers or pilots

Flydubai in huge recruitment drive amid record profits

The biggest recruitment drive in the history of Flydubai is continuing as the low-cost airline looks to build on record profit growth in 2022. A total of 1,300 employees joined Flydubai last year, 80 percent of whom are cabin crew, engineers or pilots, aided by the “desire of top talent to relocate to Dubai and […]

The project is a key part of Saudi Arabia’s ambitions to become the world’s leading hydrogen producer

$8.5bn funding deals signed for Saudi green hydrogen project

Agreements have been finalised and signed to fund the world’s largest green hydrogen production facility, which will be built in Saudi Arabia with a total investment of $8.5 billion. Acwa Power announced on Wednesday in a filing to the Saudi Stock Exchange that the Neom Green Hydrogen Project will be funded by a combination of […]

The company is developing the Bloom Living residential community in Abu Dhabi

Bloom CEO plans to double number of its UAE homes

The CEO of Bloom Holding expects Abu Dhabi’s property market to continue to grow this year as the company progresses plans to double the number of homes it builds in the UAE.  Although in the shadow of the double-digit growth of its neighbour Dubai, average prices in the UAE capital rose by up to 3 […]