United Arab Emirates

How achieving gender equality could add $21 trillion to global GDP

Empowering women benefits business, as research shows diverse boards outperform non-diverse ones by 20 percent 

UAE-China ties: 40 years of diplomatic relations propel investments, trade to new heights

The UAE-China economic partnership continues to flourish, with over 14,500 Chinese business licenses issued in the UAE

UAE real estate market set for growth in Q4 2024 as demand surges for prime assets

High transaction volumes and an upward trajectory underscore the market’s resilience, fueled by strong economic fundamentals

UAE’s Habib Al Mulla and Partners expands into Iraq, bridging legal excellence across borders

This expansion comes from a partnership with Al Nesoor Law Firm, a Baghdad firm with 30 lawyers and 24 years of experience in M&As

UAE driving licenses to be recognized in Texas under new agreement

Initiative aims to streamline procedures and ensure ease of movement for residents and visitors from both sides

Sheikh Saud bin Saqr launches Etihad Water and Electricity Museum, showcasing UAE’s path to progress

Sheikh Saud noted the importance of museums in displaying photographs, documents, artefacts, and equipment from developmental projects

UAE’s net wealth reaches $2.9 trillion in 2023, financial wealth grows 10 percent: Report

The UAE's net wealth, which includes financial wealth, real assets, and liabilities, is set to increase to $4.4 trillion by 2028

UAE consumer spending rises to $3.7 billion in Q3 2024: Report

UAE consumer spending in Q3 was driven by back-to-school sales and the growing prominence of convenience retail

Gold prices fall on stronger dollar

The dollar index was up 0.15 percent to 106.25, reducing gold's appeal among holders of other currencies

Dubai launches strategic plan for emirate’s Judicial Inspection Authority for 2024-2026

This plan aims to uphold high standards of excellence while balancing judicial independence and accountability 

Talabat IPO size increased to 4.65 billion shares to address high demand

The additional 1,164,412,032 offer shares have been wholly allocated to the qualified investor offering

ENEC, ADNOC to explore use of advanced nuclear technologies, excess heat utilization for oil, gas operations

This agreement entails a thorough technical and economic evaluation to pinpoint the most suitable nuclear reactor technologies for ADNOC

UAE National Day: SCA announces holiday for financial markets

Employees of ministries and federal entities will observe the 53rd Eid Al Etihad holiday on December 2 and 3

Gold prices edge up slightly as safe-haven assets gain traction

President-elect Trump threatens new trade tariffs on China, Canada, and Mexico, sparking fears of a trade war

Sobha Realty reaches new heights in 2024 GRESB assessment with score of 91

The company features amongst top 4 percent of global entities striving for excellence in ESG performance

Sheikh Hamdan leads UAE delegation to meeting of GCC Joint Defence Council

Meeting focuses on strengthening defence cooperation among the armed forces of GCC states

Abu Dhabi Crown Prince Sheikh Khaled arrives in Bahrain

Discussions will emphasize joint efforts in key sectors, including economic, investment, and developmental fields

What to expect at ADFW 2024: Four days of action-packed sessions and events

The agenda for ADFW 2024 includes over 60 main and side events and more than 350 thematic sessions

UAE launches initiative to train 5,000 Emirati students in future digital technologies

The initiative supports Dubai's vision to empower Emirati talent and strengthen the digital economy.

UAE’s non-oil economy to grow 4.7 percent in 2024, says UBS

The UAE's real estate sector is expanding, with residential sales up by 60 percent and mortgage applications increasing

UAE’s GPSSA announces over $218.6 million in pension payments for November 2024

This represents an increase of AED54.4 million compared to November 2023, during which pension payments totaled AED749.05 million

UAE, Bahrain advance partnership in national in-country value programs

Emirati industrial enterprises will be eligible to benefit from Bahrain's Takamul Program by receiving a 10 percent preference

UAE, Philippines Presidents boost bilateral cooperation, ink agreements in key sectors

Intra-non-oil trade between the two countries totaled over $1.850 billion in 2022, up from $830.3 million in 2021

RTA launches initiative to illuminate 40 areas across Dubai by 2026

This initiative aligns with RTA’s strategy to enhance Dubai’s road network and update street lighting systems citywide