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United Arab Emirates
Logistics
A direct railway within the “UAE National Rail Network” now connected
The "National Railways Program" is an investment valued AED 50 billion
Economy
UAE non-oil trade jumps 27% to $517 billion in 2021
Dubai Ruler: independence from oil reaching sustainable levels
Arts
Murex D’or International launches its 1st edition at Atlantis, The Palm in Dubai
Slogan: A Journey of Success from Beirut to Dubai (2000-2022)
Logistics
Etihad Rail signs financing agreement with First Abu Dhabi Bank
The financing carried a total value of AED 1.99 billion
Telecom
Mansour bin Zayed announces launch of e&, Etisalat’s new brand identity
Unwavering dedication to serve customers, shareholders, investors, partners
Banking & Finance
SEBA Bank secures financial services permission from ADGM
Dedicated office and expanded regional headcount to drive growth
Legal reviews
Exclusive: No country has jurisdiction over the metaverse (yet!)
The computer-simulated reality on the metaverse carries risks
Arts
The Museum of the Future: A message of hope … a global scientific platform
The museum is an engineering marvel
Energy
Juma Al Majid Est launches the Hyundai Sonata AI Smart Taxi
Strategic partnership entered with Streamax Tech, GBS solutions
Markets
ADX’s traded values increased 407 percent in 2021
Net foreign investment reached AED15 billion, the highest ever
Banking & Finance
UAE: Imposing income tax not currently on the table
The corporate tax on profits will replace several fees businesses currently pay
Economy
UAE and India sign comprehensive economic partnership agreement
Expectations to raise non-oil infrastructure trade to more than $100 billion
Cars & Boats
The iconic 1000 Miglia comes to the UAE
Off-to-the races as ‘Corsa più bella del mondo’ navigates across 4 emirates
Banking & Finance
BNPL changing payment habits in UAE, Saudi, globally
BNPL is framed as an interest-free alternative to credit card payments
Industry
UAE’s industrial surge brings exports to historic highs
UAE climbs five places in UN's Competitive Industrial Performance Index
Energy
ADNOC awards drilling contracts worth $1.94 billion
Awards part of strategy to boost crude oil production capacity to 5 million bpd
Banking & Finance
Higher interest rates to raise UAE Banks’ profitability
S&P Global economists expect the Fed to raise rates six times this year
Real Estate
Real estate sector gaining confidence in NFT adoption
30% of poll participants see property sector as most likely to capitalize on NFTs
Real Estate
$1.8 bn property transactions for week ending February 11, 2022
Total amount of mortgaged properties for the week was AED 2.41 billion
Economy
UAE ranks 1st in Global Entrepreneurship Index 2022
UAE enters the next 50 by being at the forefront of global economies
Economy
Investopia investment summit signs MoU with Deloitte ME
Both parties will jointly study economic areas such as investments in AI
Logistics
AD Ports Group raises nearly $1.1 bn as primary issuance
Investors on ADX can now own a highly diversified global trade enabler
Banking & Finance
UAE’s corporate tax in sync with global practices
Al Saidi to “Economy Middle East”: It will boost tax revenues, transparency
Energy
ADNOC discovers up to 2 trillion SCF gas offshore
It was the second hydrocarbons finding ADNOC revealed
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