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Latest News
Logistics
Dubai’s RTA announces free parking, public transport operating hours for New Year’s Holiday 2025
Public parking areas will be free of charge on January 1, except multi-story parking
Hospitality & Tourism
DCT Abu Dhabi sets new global standard in culture, tourism management
DCT Abu Dhabi achieved a compliance score of 99.6 percent, meeting the Best Global Criteria across both pillars of Culture and Tourism
Miscellaneous
Dubai announces New Year holiday for public sector employees
Normal operations will resume on January 2, 2025 (Thursday)
Banking & Finance
UAE, Italy partner to combat financial and economic crimes
Strong bilateral cooperation has led to the arrest and extradition of high-profile criminals
Economy
Ajman Ruler approves $1.01 billion general budget for 2025
The government allocated 39 percent of the budget for quality of life and 20 percent for economic development
Logistics
Dubai Taxi Company launches 2025-2029 strategy to target untapped markets in UAE and beyond
The strategy entails expanding into limousine services and delivery while maintaining taxi market leadership
Real Estate
Saudi Arabia’s ROSHN launches first residential community in Makkah
ALMANAR will offer over 33,000 homes and provide over 150 amenities to cater to residents' needs
Miscellaneous
stc Group hits record 5G usage with over 61 percent traffic in Boulevard City during Riyadh Season
stc expanded its Boulevard City network by 12 percent and increased 5G frequencies by 20 percent
Economy
4 key factors shaping the global economic landscape in 2025
Developing economies will be the most vulnerable to the challenges shaping the global economy in 2025
Banking & Finance
Dubai launches first-ever tax certification program in Arab world
This certification caters specifically to tax professionals employed by Dubai government entities
Hospitality & Tourism
Saudi Red Sea Authority issues 12 new licenses to promote coastal tourism sector
Sindalah Marina, Dolphin Beach Resort, and Jeddah Marina are among those awarded operator licenses
Egypt
Egypt loses $7 billion in Suez Canal revenues in 2024 amid ongoing disruptions
Suez Canal's revenues declined over 60 percent year-on-year in 2024