United Arab Emirates

Abu Dhabi to create 178,000 new jobs in tourism sector

Tourism strategy approved in Executive Council meeting chaired by Sheikh Khaled

Abu Dhabi fund’s development and investment financing surpasses $58.8 billion in 2023

Achieving sustainable development and supporting developing countries remains a priority

UAE dominates the entrepreneurship scene for third year in a row: Report

The UAE's historic score of 7.7 sets a new record, making it the highest in the history of the report

Plastic ban in Dubai: Detailed guidelines issued

Single-use plastic cutlery, plastic food containers and styrofoam cups will also be banned

UAE’s ADNOC Distribution revamps dividend policy, commits to $700 million or 75 percent of net profit until 2028

The company also reiterated dedication to 5-year growth strategy, encompassing AI, digitalization, and cutting-edge tech

Abu Dhabi’s TAQA, Japan’s JERA to develop greenfield plant in Saudi Arabia

Project leverages advanced technologies and emphasizes sustainability

UAE joins global initiative for achieving near-zero emission buildings by 2030

The move reflects UAE’s commitment to global cooperation in decarbonizing the building sector and bolstering resilience

Dubai Trade platform to integrate AI for smoother supply chain networks

Since its launch in 2003, the Dubai Trade platform has completed over 300 million transactions

New UAE rule to register insured Emirati employees within 30 days of hiring

Penalty for non-compliance: AED200 per day of delay, multiplied by number of insured employees

UAE’s ADNOC starts crude oil extraction from Belbazem offshore block

Belbazem offshore block's production capacity set to increase: 45,000 bpd of crude oil and 27 million mmscfd of gas

UAE’s National Bonds launches new investment scheme with higher rate of interest

The new product tracks the EIBOR, providing investors a return of 0.5 percentage points above the benchmark's performance

UAE pension disbursements for March soar to $208.7 million

Over 47,000 beneficiaries anticipate today's distribution of payments

Dubai’s RTA announces completion of phase one of ‘Services 360’

The policy aims to enhance services through proactive, seamless, integrated, remote access, and automated features

UAE launches new data platform to enhance air cargo industry

New platform sets benchmark for analytical insight and collaboration in air cargo sector

Gold prices in UAE decline as dollar holds firm

Globally, spot gold stabilized at $2,179.98 per ounce

UAE banks lead regionally with $18.6 million in revenue per branch

Digital transformation ushers shift in banking dynamics in the Gulf region

Sheikh Khaled approves $953 million Yas Canal residential project in Abu Dhabi

The project is expected to be completed in the last quarter of 2027

UAE’s latest T-sukuk auction oversubscribed 7.1 times with $2.13 billion in bids

Dirham-denominated assets gain momentum with increased investor confidence

Abu Dhabi named Arab Environment Capital for 2023

Recognizing the emirate’s achievements in environmental protection and climate action over several years