United Arab Emirates

UAE’s MAF posts AED 18 bln in revenues for H1

Driven by a steady economic recovery in retail, leisure sectors

Emaar plans Namshi sale to Noon for $335.2 mn

Emaar will receive the total value of the selling price in cash

What happens if you don’t repay a loan in the UAE

The borrower may face a travel ban in the execution case

UAE’s 5-year multiple-entry tourist visas: All you need to know

Holders may stay an additional 90 days without leaving the country

UAE: Over 70 nationalities can get visa on arrival for up to 180 days

Over 50 of them can stay in the country for about three months

UAE announces new incentives for SMEs

The beneficiaries should be members of accredited SME funds or programmes

UAE: Goverment fees can now be paid via various payment options

The move comes in response to customers’ suggestions and requirements

Record increase in Passenger numbers at Dubai Airport  

Dubai Airport received 27.9 million passengers, a 162% increase in 6 months

Dubai property market remains robust, but villa prices slow down

Mainstream market has seen annual growth in demand of 10.1%

Electric vehicle demand upsurge boosts market for UAE EV service  

Royal Swiss Auto offers vast range of EV care and maintenance services  

GCC: Independent hotels need help to meet zero-emissions goals

Some hotels are not being able to access dedicated internal support

The UAE leads the MENA in financing venture capital

UAE companies raised $699 million in H1

WGES supports UAE’s preparations for hosting COP28

Summit reflects UAE's unlimited support for energy, climate change issues

UAE: Profits of 17 national listed banks amount to AED 24.2 bn

Reflecting strength of financial solvency, high liquidity

Emaar to buy Dubai Creek Harbour from Dubai Holding for $2 bn

Emaar to buy Dubai Creek Harbour from Dubai Holding for $2bn

Shuaa Capital streamlining business following $39.2 mn loss

Busines addressing non-cash expenses, optimisation measures