United Arab Emirates

Abu Dhabi’s Mubadala expands life sciences portfolio with acquisition of Kelix Bio

The acquisition seeks to boost life sciences sector and economic diversification

UAE’s Etihad Cargo, Kenya’s Astral Aviation launch partnership, boost African market reach

Inaugural flight from Nairobi to Abu Dhabi marks commencement of strategic partnership

UAE gold prices gain, but dollar strength limits record highs

Copper rebounds, yet 11-month highs prove elusive

Investopia 2024: IOTA Foundation launches $10 million investment fund

The fund cements Investopia's position as a global incubator for technology innovation investments, digital trade, and new economy projects

Ramadan in UAE: Retail, hospitality, travel sectors see surge in demand

Increased activity during Ramadan supports sustainable economic diversification efforts

UAE issues Google Chrome security alert, urges users to update browsers

Google recently released the new version of its Chrome web browser

Abu Dhabi extends 10 percent tourism tax waiver until December 2024

The waiver is among several recent measures aimed at fostering the expansion of the tourism and events industry in Abu Dhabi

Dubai Metro ticket vending machines upgraded, can now accept digital payments

The machines reduce transaction processing time by 40 percent

Gold in UAE dips as dollar gains, central banks send mixed signals

Copper retreats from 11-month highs amid growing concerns over China

UAE’s AD Ports Group acquires majority stake in Georgia’s Tbilisi Dry Port

AD Ports Group will initially invest AED61 million in the project

Driving Dubai’s green agenda: Sheikh Mohammed bin Rashid establishes new environment and climate change authority

The emirate's ambitious sustainability goals bolstered by innovative new body fostering green spaces

Sheikh Hamdan approves $10.9 billion worth of projects for Dubai government under PPP model

The new PPP portfolio will cover 10 fundamental economic sectors in Dubai over a three-year period (2024-2026)

Parkin shares jump over 35 percent on first day of trading on Dubai stock market

IPO resulted in market capitalization of AED6.30 billion upon admission

UAE commits to reducing carbon emissions under new national policy on biofuels

Strategic approval reinforces commitment to clean energy and climate action objectives

Record-breaking sales of $680.75 million for Dubai’s Casa Canal project

The company has so far sold 80 percent of its new iconic project

In a first, agreement for naming rights of fuel stations signed in Dubai

Through Project Landmark, companies and brands can secure naming rights for Emarat's service stations

Shareholders of Abu Dhabi’s Bayanat and Yahsat to vote on merger to create SPACE42 valued at $4.1 billion on April 25

SPACE42 set to achieve significant cost and revenue synergies by cross-selling and up-selling existing solutions

Sultan Al Jaber unveils COP Troika Vision to ensure parties deliver ambitious climate plans

Addressing the Copenhagen Climate Ministerial, COP28 President asks attendees to ensure energy transition is ‘just, orderly and responsible’

Abu Dhabi’s Tabreed shareholders approve new record high dividend payment for FY 2023

Shareholders approved a remarkable dividend payment of 15.5 fils per share

Dubai Aerospace Enterprise inks $420 million unsecured 5-year term loan

The loan will support the future financing needs of the business, DAE stated

UAE’s industrial exports grow 60 percent in 3 years: Sultan Al Jaber

Strategic initiatives and programs empower national industrial sector

Building a digital capital: Lessons from Dubai’s success story

Dubai's journey to becoming a global digital capital exemplifies the power of visionary leadership, strategic planning, and relentless pursuit of innovation

Kenya becomes 9th country to access UAE’s Trade for Development platform

Access to platform to strengthen Kenya's economic development and trade expertise