United Arab Emirates

UAE’s economic partnership agreements expand in 2023

New trade accords signed, more in pipeline

DFM witnesses 57,000 surge in new investor accounts

Growth fueled by IPOs and online trading trends

UAE prepares for a packed 2024 calendar of events

From tech to real estate expos, the UAE showcases global competitiveness

CBUAE issues rules to regulate short-term credit services

Amending regulations to regulate the growing 'Buy Now, Pay Later' financing offers

UAE launches unified family businesses registry

Supporting the national goal of doubling the GDP to AED3 trillion by 2031

UAE real estate sector marks unprecedented achievements in 2023

Residential transactions in Abu Dhabi grew by 56 percent, recording AED67.8 billion

Gold rises, U.S. dollar declines in light of expected interest rate cuts

Lower interest rates decrease the opportunity cost of holding non-yielding bullion

UAE economy emerges as the most competitive as per Arab Monetary Fund

Continuous advancements key behind nation’s exceptional performance

CBUAE raises its GDP growth forecast to 5.7 percent for 2024

Increase compared to its previous forecast of 4.3 percent

CBUAE report reveals strongest-performing sectors in Q3 of 2023

Real estate, tourism and aviation showed robust performance

Dubai switches to sustainable electric motorcycles in delivery sector

Developing the infrastructure for the commercial transportation sector

ADGM launches new platform for online dispute settlement 

Prioritizing security and confidentiality of users

New AI-powered space technology company launches in Abu Dhabi

Company's implied market capitalization stands at $4 bn

UAE banking sector sets new record with AED4 trn in assets

Total bank credit reached AED1.982 trillion by the end of October

CBUAE budget balance reaches AED647.6 billion in October

Balance sheet includes AED283.9 billion in cash and AED206 billion in investments

UAE President issues new law to establish Accountability Authority

New body aims to enhance the integrity of public finances, promote transparency

Abu Dhabi’s Mubadala Energy announces 6 trn cubic feet gas discovery in Indonesia

Successful outcome promises to derisk multiple trillion cubic feet of prospective gas resources

Abu Dhabi’s Bayanat, Yahsat announce merger, creating global space tech powerhouse

$4.08 bn combined marker capital positions merger as key player in the evolving space economy

UAE, Qatar trade grows 68 percent, reaches AED 521 million

Main exports include ships, boats, iron, steel and mineral oils

Petrol prices in the UAE for December 2023

All petrol variants slipped from November rates

UAE’s Positive Zero secures $400 mn funding to promote sustainable energy adoption in GCC

Investment to boost Positive Zero's energy transition projects in the Gulf countries