Indian budget airline IndiGo is set to launch an expected $465 million (AED1.7 billion) initial public offering (IPO) this week. The IPO - India's largest in three years - is expected to open on Tuesday until Oct 29, reports said. Operated by InterGlobe Aviation, IndiGo is the country's largest airline by passenger numbers. It is expecting a valuation of $4 billion (AED14.69 billion) with shares initially priced in the range of Rs 700-765 (AED39.6- 43.2).
Abu Dhabi Crown Prince arrives in India for AI Impact Summit
Abu Dhabi’s Crown Prince His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan has arrived in India to attend the AI Impact Summit, taking place in New Delhi.
India AI summit stumbles as Bill Gates pulls out, chaos mounts
Bill Gates pulled out of India's AI Impact Summit hours before his scheduled keynote address on Thursday, dealing another blow to a flagship event already marred by organisational lapses, a robot row and delegate complaints over traffic disruptions.
UAE President appoints new Federal Tax Authority chief
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued a Federal Decree appointing Abdulaziz Mohammed Faraj Al Mulla as Director General of the Federal Tax Authority, with the rank of Ministry Undersecretary.
Uber expands into 7 new European markets in food-delivery push, FT reports
Uber plans to roll out its delivery business into seven new European countries this year, as tech groups ramp up their efforts in the multibillion-euro food-delivery market, the Financial Times reported on Sunday.
UAE strengthens market oversight to ensure price stability for Ramadan
UAE authorities have stepped up market monitoring and supply chain coordination ahead of Ramadan to ensure adequate supplies of essential goods and stable prices.
UAE's Minister of State, Sheikh Shakhboot bin Nahyan Al Nahyan, has stressed the need for a permanent ceasefire and an unconditional humanitarian truce in Sudan during the Quad meeting in New York.
The UAE has pledged an additional $1.2 billion in support for Gaza during the inaugural meeting of the Board of Peace in Washington.
The UAE Tour 2026 has announced several road closures for the fifth stage of the race on Friday, where cyclists will cover a total of 166 km across Dubai, starting from 1:20 pm.
