Dubai is the world's fifth-best maritime hub.
That's according to Baltic Exchange's latest International Shipping Centre Development Index (ISCDI), which has slotted the emirate in fifth place for the second year in a row.
Officials say the ranking reflects Dubai's state-of-the-art maritime infrastructure and logistics capabilities.
Singapore topped the list for 2019 followed by Hong Kong, London and Shanghai.
UAE, Uzbekistan sign digital infrastructure deal
The Ministry of Investment of the UAE and the Ministry of Digital Technologies of the Republic of Uzbekistan have signed an investment memorandum, establishing a framework for investment cooperation in digital infrastructure with a focus on data centre and artificial intelligence projects in Uzbekistan.
TECOM Group profit increases 15% on record high occupancy levels
Dubai's TECOM Group has announced a 15 per cent year-on year (YoY) growth in net profit to AED 293 million for the three month period ended March 31, 2024.
Sony and Apollo submit $26 billion Paramount offer, WSJ reports
Sony Pictures Entertainment (SPE) and Apollo Global Management APO.N have made a $26 billion cash offer for Paramount Global, the Wall Street Journal reported.
UAE, Iran expand cooperation in additional sectors
The UAE and Iran have explored ways to expand economic cooperation in sectors such as tourism, transport, entrepreneurship and renewable energy.
One of the most talked about comedians in the world takes over The Kris Fade Show. Watch the full interview here...
Hear Maz & James chatting to the featured artists every month with Flash Entertainment.
It arrived: The UAE's First Mega Music Festival at Expo City Dubai!
Latest album, what happened with BTS, raising a baby girl, eye surgery, and more!
