United Arab Emirates

UAE’s finance ministry handles over 35,000 requests in H1 2024, achieves 96 percent customer satisfaction

The team's high efficiency, continuous training, and access to advanced technology drive the success

UAE gold prices steady amidst global rise following strong U.S. data

Globally, spot gold was up 0.3 percent at $2,454.40 per ounce

AD Ports Group acquires majority stake in Georgia’s Tbilisi Dry Port

Acquisition strengthens AD Ports Group's role in connecting Asia and Europe via the Middle Corridor

Container volumes fuel $9.33 billion revenue for DP World in H1 2024

The port operator invested $994 million in capital expenditures during the period

Dubai Chambers, Bank of China partner to support investors, enhance bilateral trade

Agreement signing coincides with the 40th anniversary of the establishment of diplomatic relations between the UAE and China

e& UAE launches fibre-to-the-room solution for better home Wi-Fi performance

The new service seeks to transform homes into hubs for work, entertainment, and more

UAE freelance license: Abu Dhabi’s ADDED adds 30 new activities

With these additions, the freelancer license now includes 100 different activities

Private jet movement at Dubai South rises 7 percent to 8,472 in H1 2024

Dubai South now expects private jet activity to reach 18,000 by the end of 2024

Etihad to launch three weekly A380 flights to Mumbai for 4 months starting September 1

By early 2025, Etihad Airways will have its sixth A380 in operation

UAE IPOs surge in Q2 2024, raising $890 million: Report

Sharia-compliant financial products are in high demand, with Sukuk issuances exceeding $10 billion in Q2

UAE gold prices dip, global rates rise after slipping 1 percent as large rate cut hopes fade

So far this year, gold prices have gained 19 percent and set a new record high of $2,483.60 on July 17

Sustainability and the future of commercial real estate in Dubai

The real estate sector has a major role to play in helping improve sustainability and combating climate change

Abu Dhabi’s ADX, Armenia Securities Exchange partner to promote market development, innovation

Agreement to pave the way for the inclusion of the Armenia Securities Exchange as a member of the Tabadul Digital Exchange Hub

Abu Dhabi’s real estate FDI jumps 225 percent to $893 million in H1 2024

During the first half of 2024, Abu Dhabi recorded 12,439 real estate transaction activities with a value of AED36.2 billion

Abu Dhabi’s Etihad Cargo’s strategic expansion drives 17 percent tonnage growth in H1 2024

The company has experienced remarkable growth, especially in the East, with a 19 percent increase in tonnage

Abu Dhabi Bayanat’s smart solutions power strong H1 2024 with $74.32 million revenue

The company's gross profit for H1 2024 reached $22.86 million, translating to a gross margin of 31 percent

SIF 2024 in September to highlight youth and women’s participation in the smart economy

The event seeks to leverage AI to enhance public services, health, and education

Etihad Rail launches sustainable finance framework for green investments in transportation, infrastructure

Framework developed in collaboration with industry experts, First Abu Dhabi Bank and Standard Chartered Bank, who served as co-ESG advisors

Indian businesses top Dubai Chamber of Commerce’s list of newcomers in H1 2024

The trade and repairing services sector ranked first, accounting for 41.5 percent of all new companies joining the chamber

Resilient MENA IPO market generates $2.64 billion in Q2 2024, set for strong remainder of year: Report

Q2 global IPO activity experienced 15 percent drop in offerings and 31 percent decline in proceeds

Abu Dhabi’s TAQA reports 12.3 percent rise in net income to $1.2 billion in H1 2024

TAQA's revenues rose 2 percent annually to AED27.2 billion mainly due to the contribution from SWS Holding

UAE gold prices dip, global rates down as markets await U.S. inflation data release

Data on Tuesday revealed that U.S. producer prices increased less than expected in July, signaling a cooling in inflation