TMC Middle east

57 ARTICLES

TMC Middle east
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Pakistan’s failed startup promise, competition force Careem’s exit

The most popular startup of the Middle Eastern region just exited its decade-old operation in the country, citing competition and macro challenges. Both these reasons need to be unpacked and understood separately.

02 Jul 2025

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And, just like that, Dubai gets a step closer to having an air-taxi service

The emirate may get the fully electric air taxis as early as next year. Separately, a district cooling company makes a billion-dollar move.

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UAE and Saudi Arabia put up a good show in global university rankings

The latest QS rankings are proof that the Gulf’s investments in higher education are beginning to show results.

25 Jun 2025

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The Emirates remains top millionaire magnet, Saudi is a record riser

A study sheds light on how millionaires are on the move in 2025. A new firm eyes their millions and Oman finally has a personal income tax law.

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Majid Al Futtaim appoints Fadel Abdulbaqi Al Ali as chairman

Al Ali joins the conglomerate from the Dubai Financial Services Authority.

24 Jun 2025

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Riyadh Air makes new moves at the Paris Air Show

Saudi ambition soars, UAE’s oil is moving overseas and the latest in real estate.

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Have Tabby and Tamara cracked the buy now, pay later code in the GCC?

Both Gulf firms are being celebrated as fintech trailblazers. Mostly because they found themselves in the right place at the right time.

18 Jun 2025

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UAE’s Tabreed hopes to change the way India cools

The Middle East’s largest district cooling solutions provider finally has a reason to cheer, six years after it came to India. Will the good news contagion take?

11 Jun 2025

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UAE a step closer to getting off EU ‘black list’

The country may be finally getting rid of its dirty money tag, Dubai steps in to control the Majid Al Futtaim group and other headlines.

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Emirates NBD has its heart set on an Indian bank

India’s IDBI could make banking history with a Dubai bank, there’s a new island in Abu Dhabi and a property correction is on the cards.