United Arab Emirates

Etihad Airways launches year-round double-daily flights to top European destinations

The 2025 schedule also includes daily flights to Bali for the summer season and 10 flights a week to Sydney

Dubai Taxi Company secures 300 new plates, projects $27.2 million in extra annual revenue

This acquisition raises the company’s fleet to nearly 6,000 vehicles, increasing its market share to 46 percent

Sobha Realty raises total sukuk holdings to $500 million with $230 million tap

Latest tap is an extension of the developer’s inaugural sukuk issuance of $300 million, which took place in July 2023

UAE ministry of energy launches Data Bridge to enhance customer service, streamline government operations

This project enables MoEI to deliver proactive services, request data just once, and exchange digital documents in real time

Dubai introduces AI Security Policy to strengthen cybersecurity, position UAE as global leader in AI by 2031

This initiative promotes a secure cyberspace, strengthening Dubai's digital infrastructure and global cybersecurity leadership

Global gold prices hit new all-time high of $2,570.15 on U.S. dollar weakness

The dollar fell to a one-week low, making gold less expensive for other currency holders

Sheikh Mohammed announces new company ‘Mada Media’ to manage advertising sites in Dubai

The company’s shares may be offered for public subscription at a later stage

World Utilities Congress 2024 to begin on September 16 in Abu Dhabi

Event to address energy and water challenges and integrated cross-border cooperation

UAE’s Sheikh Mohammed bin Rashid, King of Bahrain discuss in Abu Dhabi strong and longstanding relations between two countries

His Highness and His Majesty discussed advancements in cooperation, and the need for better collaboration for mutual development

Dubai’s dnata wins contract with Royal Jordanian at New York JFK

dnata's team aims to enhance the travel experience for 125,000 passengers on Royal Jordanian’s 360 annual flights 

Sheikh Mohammed bin Rashid welcomes China’s Premier of the State Council at Qasr Al Watan

Visit to further strengthen the bilateral relations between the UAE and China

Gross banks’ assets surpass $1.16 trillion by end of June 2024, reports UAE Central Bank

Gross credit rose by 1.1 percent to AED2,100.9 billion by the end of June 2024

UAE’s AD Ports awards $114.34 million crane contracts to ZPMC for terminal projects in Africa

Terminals will get three Super Post-Panamax STS cranes, servicing 21 container rows over 60 meters

Abu Dhabi’s Mubadala Energy expands Indonesia operations with new Central Andaman license

Company confirmed the successful and safe completion of the South Andaman drilling campaign, with the appraisal of the Layaran discovery

Abu Dhabi’s NMDC Energy starts trading on ADX following 31.3 times IPO oversubscription

The offering comprised 1.15 billion shares of the company, 23 percent of total capital, priced at AED 2.8 each

AI to contribute $100 billion to UAE’s GDP by 2030

The UAE is solidifying its status as a leading player in the global AI landscape, says Astra Tech founder

PGIM secures ADGM license, opens office in Abu Dhabi

This marks PGIM’s formal entry into the Middle East market

Abu Dhabi’s Hub71 welcomes 21 startups with $134.9 million in funding

Seven startups will join Hub71+ ClimateTech, gaining tailored resources for their sustainability missions

DAMAC Properties named official palladium sponsor for YPO’s 2024 Global Business Summit

Three-day summit in November to gather 1,000 global YPO members in Dubai

UAE gold prices up, global rates rise as investors eye additional U.S. economic data

U.S. central bank will likely start cutting interest rates next week with traders raising bets for a 25-basis-point cut to 87 percent

Emirates airline set to receive first Airbus A350 aircraft in October

Emirates has so far placed orders for 65 A350-900 aircraft

Sheikh Hamdan issues resolution, Dubai to get unified population registry

Resolution also outlines roles and responsibilities of the Dubai Data and Statistics Establishment

Abu Dhabi’s ADAA raises minimum percentage of audit hours for UAE nationals to 40 percent

The update also adjusted the term of auditor appointment to six years, in line with other UAE regulatory and legislative authorities