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United Arab Emirates
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
Economy
An in-depth analysis of UAE’s new workweek policy
A study looks at how effective is UAE's new shorter working week
Technology
Judges announced for MBZIRC Maritime Grand Challenge semi-finals
Two-member judging panel to select the semi-finalists
Technology
Investopia signs advanced technology MoU with Accenture ME
AI, Blockchain, Fintech, Metaverse & quantum computing expertise offered
Economy
Economy Ministry, AD Department of Economic Development sign MoU
The agreement consolidates efforts to host Investopia summit
Bahrain
Gulf banks to reap recovery benefits in 2022: S&P
Agency predicts rate hikes from central banks in union
Bahrain
Blockchain exemplifies the world’s safest vault
Technology ensures invulnerable data security
Energy
$3.6B to slash ADNOC fields carbon emissions
ADNOC, TAQA partner to curb carbon emissions
Hospitality & Tourism
Emirates completes A380 fleet
Dubai-based airline receives 123rd A380
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