United Arab Emirates

UAE Cabinet approves $457.9 million housing aid package for Eid

The Cabinet also approved the launch of the "Manzili" bundle, which offers 18 housing services through 24 government entities

UAE’s non-oil sector grows 6.7 percent in Q4 2023: OPEC

Construction sector supports non-oil growth, accelerating to 8.4 percent in Q4 of 2023

UAE reaffirms commitment to reduce carbon emissions in aviation sector

IATA expects aviation traffic in 2050 to generate 1.8 billion tons of carbon emissions

Etihad Airways, Egyptair ink agreement to enhance commercial, operational ties

MoU builds on existing codeshare agreement between the two airlines

ADNOC Drilling, Alpha Dhabi joint venture raises stake in Gordon Tech for $270 million

Acquisition follows Gordon Technologies' completion of setting up its Abu Dhabi business

Dubai airport to welcome 3.7 million passengers as summer travel peaks

The average daily traffic from June 12 to June 25 will be 264,000 passengers

UAE exports to Morocco reach around $1.32 billion in 2023

Moroccan exports to the UAE amounted to about $202 million in the same year

UAE gold prices decline, global rates dip ahead of key U.S. inflation data

Upcoming U.S. consumer price index data may impact Fed's policy rate projections

New Dubai ‘nol Travel’ card: Get discounts of up to AED17,000

Users will also be able to avail of 100 exclusive promotional offers

Abu Dhabi’s new AGWA cluster to add $24.5 billion to GDP, generate 60,000 jobs

AGWA will be a global hub for novel food and ingredients, as well as technologies to increase access to and the utilisation of water resources

UAE’s ADGM, Bermuda Monetary Authority sign MoU to boost collaboration on digital asset regulation and supervision

The framework also encompasses investigative assistance, and capacity enhancement initiatives

Sharjah rises to 4th in GCC region, 7th in MENA in 2024 Global Startup Ecosystem Rankings

Sharjah also featured in the Top 15 rankings for both the Knowledge and Performance categories

Airbus to construct Yahsat’s new Al Yah 4, Al Yah 5 satellites

AY4 and AY5 procurement program will likely reach a total cost of $1.1 billion

ADNOC pays $1.19 billion to ADNOC Distribution bondholders to redeem U.S. dollar denominated bonds

Following the redemption, ADNOC Distribution’s free float remains unchanged at 23 percent

UAE gold prices hold steady, global rates decline marginally after largest drop in 3.5 years

Data reveals that China has held off buying gold in May after 18 straight months of purchases

Sheikh Hamdan appoints 22 Chief AI Officers across government entities in Dubai

The accelerated adoption of AI, alongside the development of its tools and applications, represents a cornerstone of the vision of Sheikh Mohammed

Abu Dhabi real estate sector sees record $493 million FDI in Q1 2024

Abu Dhabi real estate transactions reached AED19.4 billion in Q1

UAE tops global rankings in air transport quality

Civil aviation sector remains fundamental pillar to the UAE's national economy

World Environment Day 2024: Innovative solution launched to clean Abu Dhabi beaches

The machines' 15-meter-long and 4-meter-wide hydraulic arm enables efficient collection of waste and debris

RAKEZ, Indian Chamber forge agreement to boost business opportunities, economic growth

RAKEZ hosts close to 6,000 Indian companies that are contributing to the UAE's diverse industrial landscape

UAE gold prices rise, global rates inch up ahead of key U.S. payrolls data

Shift in Europe and Canada's key policy rate bolsters bullion demand

Abu Dhabi launches Unified Economic License to enhance ease of doing business

A task force has been formed to ensure a smooth transition to the new license system