United Arab Emirates

UAE gold prices rise, global rates hit one-week high on rate cut hopes

Gold prices have recovered from their 6 percent decline from their record high last month

UAE national banks provided $4.24 billion in credit facilities to business, industrial sectors in Q1 2024

Cumulative credit balance for these two sectors rose by 2.1 percent to $206.2 billion by the end of March 2024

e& UAE adopts TM Forum and Camara-based Open APIs, launches Developer Portal to drive innovation

The strategic move will enable third-party developers and startups to access and leverage API solutions

Etihad Cargo, Kuehne+Nagel launch direct e-booking integration

Direct integration aims to offer greater transparency, efficiency and flexibility in the booking process

Dubai Future Foundation, Meta launch incubator program powered by LLAMA 3

Business incubator program seeks to inspire development of impactful AI use cases that leverage Meta’s open-source AI stack

Sheikh Mohammed: Dubai is the airport of the world, the meeting place of humanity

H.H. emphasized that the emirate has evolved into a pivotal link between the continents and civilizations of the world

UAE to welcome a record 6,700 millionaires in 2024, ranks 1st globally in millionaire inflows: Report

An unprecedented 128,000 millionaires are expected to relocate worldwide this year

Abu Dhabi’s startup ecosystem ranked fastest growing in MENA, raises $1.06 billion in VC: Report

The emirate was also recognized for its strengths in the FinTech, AgTech and New Food, and ClimateTech sectors

UAE gold prices rise, global rates decline on Fed rate cut speculations

Gold prices have lost around 6 percent from their record high on a stronger dollar and higher interest rates

UAE AI’s office, Germany’s Rittal ink agreement to enhance AI adoption and digital infrastructure

Strengthening public-private sector partnerships contributes to enhancing the UAE's position as a global AI hub

UAE President Sheikh Mohamed arrives in Italy to attend G7 session on AI and energy

Visit underscores the UAE’s commitment to strengthening dialogue and international cooperation in addressing global challenges

UAE’s ADDED partners with Broaden Energy to establish $272.2 million hydrogen manufacturing hub in Abu Dhabi

The new investment will create new job opportunities and stimulate economic development through innovative industrial solutions

Sharjah airport’s $650 million expansion project on track, says SAA chairman

Expansion prioritizes sustainability, in line with the UAE's goals to achieve climate neutrality by 2050

Abu Dhabi’s environment agency joins UAE Alliance for Climate Action Advisory Committee

As an Advisory Committee member, EAD will provide high-level strategic and technical guidance based on its sectoral expertise

Dubai’s DMCC attracts over 160 new Indian businesses as bilateral trade up 16 percent in 2023

UAE expects bilateral trade with India to reach $100 billion within the next five years

IPO boom underscores Dubai’s status as thriving hub for capital markets: DIFC Authority CEO

DIFC drives innovation and growth in the financial sector through its initiatives and regulatory framework

UAE gold prices decline, global rates on track for first weekly gain in a month

U.S. producer prices surprisingly fell in May amid lower energy costs, indicating that inflation has subsided

Abu Dhabi Finance Week returns in December under the theme ‘Welcome to the Capital of Capital’

This year’s strategic theme aims to unravel the key facets of Abu Dhabi’s strength and value proposition

Fazaa Card benefits and how to apply in the UAE

The Fazaa Card UAE is a multifunctional smart card issued by the government of the UAE

Dubai, Australian chambers ink agreement to strengthen economic, trade relations

Agreement encompasses data and expertise exchange between the two entities for studies on trade, investment and the economy

Sheikh Khaled approves $900 million housing benefits package for citizens in Abu Dhabi

Housing benefits package includes over AED3.046 billion in housing loans, which will help 1,766 citizens

Emirates begins operating flights from Singapore using SAF

Around 3.3 million liters of blended SAF became available in the fuelling system of Changi airport

Dubai’s du partners with Oracle Alloy to offer hyperscale cloud and sovereign AI services in the UAE

Through Oracle Alloy, du will offer over 100 OCI services, plus its own cloud services and apps