Siemens has signed a 10-year lease agreement to set up operations in Expo 2020 Dubai's District 2020.
The German company has been looking at ways to enhance its presence in the emirate's market.
Around 1,000 company employees are expected to work from the two buildings allocated for Siemens in District 2020.
Once the six-month-long event comes to an end, the area will be turned into residential, commercial and cultural neighbourhoods.
Investors wipe $2.5 trillion off Nasdaq as blue tsunami prompts AI fears
Tech-led Nasdaq has notched its deepest one-day drop since ‘Liberation Day’ in April 2025, wiping out trillions in market value on fears of more AI scrutiny, particularly on data center construction, after Democrats won big in US midterm elections.
Emirates Groups announces AED4.1 billion pre-tax profit in H1 2026
The Emirates Group has posted a profit before tax of AED 4.1 billion ($1.1 billion) for the first six months of 2026-27, despite disruptions and high fuel prices due to the regional conflict.
Disney's Pixar names Jonathan Garson president as Jim Morris steps back
Pixar Animation Studios announced on Wednesday that veteran Jonathan Garson will become president on January 4, replacing Jim Morris, who will step back from day-to-day leadership ahead of his eventual retirement.
DIP Holding places final IPO price
The final offer price for DIP Holding’s initial public offering (IPO) has been set at AED 1.12 per share following stronger investor demand.
Gulfood Manufacturing brings global industry leaders to Dubai
Food security, domestic production and supply chain resilience are taking centre stage in Dubai as Gulfood Manufacturing 2026 brings together manufacturers, technology providers and industry leaders from around the world.
The National Drug Enforcement Authority, in coordination with security forces in the UAE and Iraq, foiled an attempt to smuggle 200,000 Captagon pills and more than 30 kg of narcotics into the UAE.
Dubai Police have shut down 33 unlicensed nurseries across the Emirate and arrested 34 operators for violating health and safety standards.
More than 220 global leaders will gather in Dubai for the fifth World Police Summit, bringing together law enforcement representatives and security experts from over 90 countries.
