United Arab Emirates

‘CyberQ: Security in the Quantum Era’ conference concludes with Guinness World Record

Cybersecurity Council achieved a Guinness World Record by successfully delivering the world’s largest lesson on quantum computing

ADNOC L&S Q3 net profit up 18 percent YoY to $175 million

The company reported revenues of $2.66 billion, representing a 38 percent increase compared to the same period in 2023

Gold prices fall to eight-week low, UAE rates dip

The U.S. dollar rose to a one-year high while treasury yield rose to its highest since July

All Airbus aircraft currently produced have parts made in UAE, says official

Airbus initiated its partnership with the UAE more than a decade ago, starting in 2010

flydubai showcases latest retrofitted Boeing 737-800 aircraft at Bahrain International Airshow

Carrier currently operates 31 weekly flights between Dubai and Bahrain and continues to see strong demand on the route

RTA completes maintenance on 23 key streets and intersections over 19.7 km to enhance efficiency 

This initiative aims to improve the efficiency, sustainability, and stability of the road network, enhancing traffic flow and safety 

COP29: Masdar, Albania Power Corporation to explore gigawatt-scale renewable projects in Albania

The partnership leverages KESH's leading position and Masdar's expertise to accelerate Albania's clean energy transition

Dubai Shopping Festival: 38 days of fireworks, entertainment, drone shows and mega prizes

Visitors can enjoy Dubai Shopping Festival's offerings this year from December 6, 2024, to January 12, 2025

Salik reports 6.2 percent rise in revenue to $446.75 million in first 9 months of 2024

The company expects total revenue and revenue-generating trips to rise by 7-8 percent in 2024

UAE’s GPSSA, Etihad Credit Bureau partner to support pension contributions for Emirati employees

GPSSA will use the Bureau's credit data to assess the private sector's financial health and ensure pension compliance 

UAE’s MoHRE cuts procedures, completion time for services by up to 100 percent

This progress stems from a customer-focused vision supported by collaboration with individuals, the private sector, and government bodies

UAE fostering global cooperation to ‘Accelerate Action Together’ at COP29

In his keynote address, Al Jaber urged all 198 Parties to “let actions speak louder than words” and to “let positivity prevail”

UAE economic outlook: OPEC reports strong fiscal performance, rising tax revenues

Tax revenues for Q2 2024 reached $25.9 billion, total revenue amounted to $38.9 billion

UAE gold prices edge up, global rates dip ahead of U.S. inflation data

Markets currently await the release of the U.S. Consumer Price Index data

AD Ports Group net profit grows 11 percent to record $121.15 million in Q3 2024

The group's revenues rose 10 percent year-on-year to a record $1.27 billion due to a 60 percent surge in vessel trading activities

UAE President meets with heads of state, delegation leaders at COP29

The UAE President called on all parties at COP29 to prioritize mutual understanding over division

SAAS Properties delivers 7 successful projects, setting benchmarks in UAE’s luxury real estate

The company's developments in Abu Dhabi and Dubai align with the UAE’s vision for economic sustainability and diversification

Flexible work hours, remote policies reduce morning peak travel times by 30 percent in Dubai

32 percent of private companies currently implement remote work policies 

UAE-Japan ties: Abu Dhabi Crown Prince explores stronger bilateral ties with governor of Tokyo

In September this year, the UAE and Japan launched talks to reach a Comprehensive Economic Partnership Agreement

Parkin revenues surge 25 percent to $65.12 million in Q3 2024

Parkin's net profit rose 5 percent to AED104.7 million compared to AED99.8 million in Q3 2023

UAE education ministry, Space42 launch spacetech educational campaign for UAE students

Campaign aims to encourage greater engagement with the sciences through hands-on learning experiences that align with the UAE’s STEM curriculum

Sheikh Maktoum, Visa’s Oliver Jenkyn meet to advance innovation in fintech and digital financial services

This meeting underscores the UAE's commitment to collaborating with global fintech leaders to foster innovation 

Dubai air taxis: Construction of first vertiport begins near DXB

The 3,100 sqm facility will have the capacity to handle 42,000 landings and 170,000 passengers annually