United Arab Emirates

Dubai’s RTA launches major Al Khaleej Street Tunnel project to transform traffic flow

The project complements the Al Shindagha Corridor's development to accommodate the area's population growth and urbanization

UAE gold prices rally after global rates hit record highs yesterday

Investors eye Federal Reserve meeting minutes and inflation figures for market direction

Sheikh Mohammed issues decree, sets up judicial authority in Dubai

President of the Court of Cassation at Dubai Courts will chair the new authority

Abu Dhabi approves $593.62 million housing package for 1,502 citizens

The housing benefits package includes housing loans, ready-built houses, and grants for residential land

Global gold prices continue record surge to $2,353.79, UAE rates climb

Gold prices remained undeterred despite the robust U.S. job growth in March

ADX, DFM record nine major direct deals valued at $435.7 million in Ramadan

ADX witnessed five major direct deals on 243.4 million shares worth $186 million

Moon sighting for Eid Al Fitr: UAE urges Muslims to look for Shawwal crescent on Monday

The sighting of the Shawwal moon would mark the end of the holy month of Ramadan and the beginning of Eid Al Fitr.

ATM 2024 in Dubai set to double footfall of Chinese visitors

China’s outbound tourism numbers to double in 2024, only 22 percent below record pre-pandemic levels of 155 million tourists

Dubai South awards $408 million contract for new phase developments

Al Kharafi Construction Company to build phases 3,4 and 5 of the project

Abu Dhabi plans to welcome 39.3 million visitors by 2030

26 key initiatives across 4 strategic pillars to achieve strategy's goals

Abu Dhabi’s private sector achieves 35 percent growth, surpassing $92 billion in 2023

Significant contribution of family-owned businesses to this growth

Eid Al Fitr 2024: Dubai’s Emirates set to fly over 150,000 passengers during holiday rush

Emirates is expecting a high number of passenger departures from Dubai starting April 5

CBUAE’s gold reserves surged to $4.88 billion in January 2024

The gold reserves recorded 7 percent year-on-year increase

When is Eid Al Fitr 2024 in UAE? Likely date revealed

This year, spotting of the crescent will coincide with the total solar eclipse, which will occur on April 8 in the UAE

Dubai Metro streamlines travel, launches direct trains via Jebel Ali station

Dubai Metro to deploy extra staff to guide passengers on new development

AD Ports Group, Iraq operator sign agreement to develop Al Faw port, economic zone

Preliminary agreement sets stage for joint venture, boosting economic growth in Iraq

UAE gold prices hit new peak as global rate touches record high of $2,304.09

Gold prices have reached new record highs in each session since last Thursday

UAE banking sector transfers exceed $411.7 billion in January 2024: Central Bank

Meanwhile, the value of cash deposits in the central bank reached AED15.466 billion in January 2024

Eid Al Fitr 2024: UAE fireworks, celebrations and things to do

Dazzling fireworks extravaganza set to illuminate the skies of Dubai and Abu Dhabi

Ras Al Khaimah to get $3.2 billion battery gigafactory

The first production line is expected to be fully operative by the end of 2026

Abu Dhabi: Q1 2024 records $4.32 billion in real estate transactions

The emirate recorded a total of 2,919 sales and purchases transactions in Q1 2024

Abu Dhabi’s Jubail Island launches Bada Al Jubail, a $1.08 billion development

The development spans over 446,000 square meters of land, boasting 8 kilometers of beachfront

UAE business optimism highest in six months, PMI data shows

The Red Sea crisis remains a challenge despite the increase in output