United Arab Emirates

DIFC records best-ever performance in H1 2025, attracts 1,081 new companies

The number of FinTech and Innovation companies reached 1,388, up from 1,081 in H1 2024

Dubai’s public transport system posts 9 percent increase in riders to 395 million in H1 2025

Network served nearly 2.18 million riders daily, up from approximately 1.98 million in the first half of 2024

Dubai 24-carat gold prices rise to AED402.5 as dollar weakens following U.S.-EU tariff deal

The U.S. dollar index was down 0.1 percent, making greenback-priced bullion more affordable for overseas buyers

Will UAE petrol prices rise or decline in August 2025?

In July, UAE petrol prices witnessed a notable rise amid increased volatility in global oil markets

Sharjah Police partners with Emirates Auction to sell special vehicle number plates

Emirates Auction will act as the agent responsible for marketing and selling distinguished vehicle number plates in Sharjah

Dubai Social Sector Strategy 2025–2033 under development with input from 27 government entities

Workshop marks the first phase of a three-stage strategy development process taking place throughout July and August

UAE launches housing and academic allowances to support Emirati families

The allowance for outstanding students has been raised to a maximum of AED3,200 per month and is granted only to high-achieving students

Abu Dhabi’s ENEC inks deal to explore deployment of nuclear energy solutions in U.S.

The two companies will explore ways to accelerate the deployment of the fully licensed, construction-ready AP1000 reactor in the U.S.

Dubai 24-carat gold prices fall to AED405 as trade optimism weighs on safe-haven demand

The U.S. dollar index was on track for its worst weekly performance in a month

Dubai real estate: H1 2025 transaction value hits $73 billion, on track to surpass 2024’s $100 billion

In Q2, the city recorded over 51,000 home sales—the highest quarterly figure ever recorded

ADGM’s FSRA reports 30 percent increase in licensed financial services firms, reaching 272 in 2024 

FSRA's future focus includes sustainable growth, technological agility, and robust market confidence

AD Ports Group expands global reach with new office in Beijing

The office will be instrumental in advancing AD Ports Group’s strategic role in China’s Belt and Road Initiative (BRI)

CBUAE, Mercury launch strategic JV to enhance UAE’s financial infrastructure, resilience

This collaboration aims to boost the UAE’s financial market infrastructure with top efficiency and resiliency standards

Dubai Land Department to enable freehold ownership for Masdar City free zone companies 

The two parties will collaborate on developing an integrated framework that includes clear eligibility criteria for establishments

MBRU scientists publish first Arab Pangenome Reference in major genomic breakthrough

The Arab Pangenome Reference was created using high-quality DNA sequencing from 53 individuals of diverse Arab heritage residing in the UAE

Masdar, Iberdrola achieve financial close for $6.11 billion UK wind farm project

Project financing facilities totaling $4.82 billion have been secured with 23 banks and the Danish Export Credit Agency

UAE passport ranked 8th most powerful globally: What countries dominate the top 10?

UAE passport holders enjoy visa-free access to 184 destinations out of 227 globally

UAE forms Bankruptcy Court to settle cases of financial distress

The Federal Judiciary Council can establish one or more court headquarters in any of the emirates affiliated with the original court

Emirates NBD income surges to $6.5 billion in H1 2025 on strong loan growth, regional expansion

Operating profit grew 9 percent as the strong loan and deposit growth momentum easily absorbed earlier interest rate cuts

Sharjah real estate grows 48.1 percent in H1 2025 with AED27 billion in transactions

Sharjah’s increasing appeal to a diverse pool of investors from around the globe has further reinforced its position as a key real estate hub in the region

Emirates Islamic reports $599 million profit before tax in H1 2025, driven by income and deposit growth

Total income rose 9 percent year-on-year to AED2.9 billion, driven by diverse income streams

Burnout in the workplace: Why mental health can’t be ignored anymore

Poor mental health has serious consequences for business performance as it negatively impacts productivity, job satisfaction, and employee retention

Dubai 24-carat gold prices fall to AED407.5 as global rates dip on easing trade tensions

The dollar index fell 0.06 percent to 97.15 on Thursday, a more than two-week low

UAE banks to phase out OTPs starting July 25, transition to app-based authentication

The UAE central bank aims to phase out the use of OTPs completely by March 2026