United Arab Emirates

Dubai welcomes over 691,000 health tourists, generating $280.42 million in spending

The emirate's indirect revenue from health tourism reached AED2.3 billion in 2023

Abu Dhabi’s EAD launches region’s largest AI-based research program to monitor natural terrestrial habitats

AI adoption significantly reduces research costs and time, saving up to 90 percent compared to traditional methods

Abu Dhabi Airports bolsters advanced air mobility infrastructure in emirate with Groupe ADP

Collaboration aligns with Abu Dhabi Airports' vision for a more efficient, convenient, connected and sustainable future for air transport

UAE gold prices steady, global rates down as investors await more rate cut cues

U.S. dollar index fell to a seven-month low in the previous session, further supporting dollar-denominated gold

11 UAE e-commerce giants pledge for safer online shopping

Amazon, Noon, Al-Futtaim Group among first companies to sign up to voluntary pledge

UAE’s DWTCA Free Zone reports 19 percent rise in registered companies to 2,818 in H1 2024

The number of direct jobs within the free zone also grew to 8,223, a 5 percent annual increase from  7,837 in H1 2023

DMCC seeks to expand UAE-U.S. trade, investment flows across key sectors

DMCC is currently home to over 45 percent of the 1,500 American businesses in the UAE

Global economic zones converge in Dubai in September for 10th World FZO World Congress

The event will highlight how these zones contribute to national economies by promoting trade, commerce, and the digital economy

UAE’s new satellite takes Earth observation to the next level

The satellite, launched in partnership with ICEYE, reached orbit on August 16

Abu Dhabi’s Masdar, Infinity Power to build 200-megawatt wind farm in Egypt

The MoU secures a long-term supply of renewable energy from a large onshore wind project in Ras Ghareb, Egypt

Accelerating growth: ADGM strengthens position as global financial hub

The UAE capital’s international financial center saw its AUM grow by 226 percent in H1 2024

Dubai Chambers, China Construction Bank partner to boost trade and investment cooperation

This deal will foster knowledge sharing and expertise exchange, strengthening support for businesses and investors

Emerging markets and the growth of branded residences  

Dubai positions itself as a global hub for this segment 

GCC’s aviation sector soars as a key economic driver 

Robust infrastructure, strategic location vital to the growth of the industry and the region’s economy

Growth of IPO market: Increasing contributions from reputed public and private sector entities 

Technology, healthcare, and real estate companies are keen to explore IPO opportunities  

UAE gold prices dip, global rates remain above $2,500 level on U.S. rate cut optimism

Multiple Chinese banks have been given new gold import quotas from the central bank, signaling renewed buying demand

How the evolution of digital banking in the UAE is driving the sustainability agenda 

Country aims to mobilize over AED 1 trillion in sustainable financing by 2030 

Efficient processes and enhanced investor appeal drive growth in Abu Dhabi 

Abu Dhabi Department of Economic Development recently unveiled the Unified Economic License, a key strategy driving the Emirate's growth 

Spreading her wings: Amira Sajwani on continuing a family legacy

Ventures into her own with innovative new ideas, while being deeply rooted in the family’s core business and strengths

Ajman Chamber launches strategy to attract investment, foster innovation, and drive economic growth

The Chamber aims for financial sustainability and efficient resource management

Abu Dhabi’s Etihad Airways records 10.4 million passengers during Jan-Jul 2024

The airline transported 1.7 million passengers in July 2024, achieving an 89 percent load factor

DFM, SZSE partner to strengthen UAE-China capital market ties, enhance cross-border investment

This partnership will foster joint initiatives like roadshows, seminars, research collaborations, and training programs