United Arab Emirates

Sheikh Mohammed bin Rashid reviews progress of $980 million Hatta development projects

H.H. assessed progress of 65 Hatta development initiatives, 41 of which have been completed

UAE gold prices rise AED1, global rates set for weekly gain

Gold prices have surged nearly 28 percent this year, reaching a record high of $2,790.15 on October 31

Dubai real estate market: 5 trends investors need to know in 2025

With property prices expected to rise by 8 percent in 2025, Dubai offers lucrative opportunities for both individual and institutional investors

UAE tourism’s economic impact set to reach $64.2 billion in 2024

Contributing 12 percent to the country's gross domestic product

Sheikh Hamdan approves resolution on foreign bank operations in Dubai

The resolution specifies administrative violations and applicable fines for foreign banks

Abu Dhabi reveals Golden Visa scheme for superyacht owners

The 'Golden Quay' initiative aims to entice high-net-worth individuals to invest in and discover the offerings of Abu Dhabi

UAE drives development in 2024: Key initiatives and programs propelling growth

One of the most notable programs the UAE launched in 2024 is the Unified UAE Numbers project

UAE’s MoHRE calls on private sector to meet 2024 Emiratization targets by December 31

Organizations with 50 or more employees must achieve a 2 percent increase in Emiratization of skilled roles by year-end

Ain Dubai reopens after 2 years: Ticket prices and packages announced

The wheel features 48 air-conditioned glass cabins with a capacity of 40 guests each

New Year 2025 in Sharjah: Top places to celebrate

Shurooq gears up to welcome 2025 with 25-minute firework spectacles

Dubai’s RTA announces traffic upgrades in Nad Al Sheba, boosting travel efficiency by 60 percent

This upgrade aims to ease traffic flow, reduce congestion, and cut delays by up to 50 percent during peak hours

How to break a Guinness World Record at Dubai Marathon 2025

Participants will enjoy expedited processing and immediate consideration for record approval

Sheikh Hamdan forms interim steering committee to oversee transfer of commercial control operations in Dubai

The committee will be entrusted with approving timelines and streamlining operations for enhanced efficiency

Sheikh Hamdan appoints Assistant Director-General of Dubai’s Protocol and Hospitality Department

The resolution is effective from the date of its issuance and will be published in the Official Gazette

UAE Ministry of Economy sets new pricing policy for 2025, focuses on 9 basic consumer goods

The new changes to the pricing policy are scheduled to take effect on January 2, 2025

Abu Dhabi Fund for Development boosts Maldives with $40 million loan for airport expansion

This loan follows a previous allocation of AED183.5 million ($50 million) granted in 2017 for the initial stages of the project

UAE gold prices rise AED1.25, global rates gain on weaker dollar

The dollar index dipped 0.09 percent to 108.16, making bullion more attractive for other currency holders

Dubai 2025 New Year’s Eve: Public transport operation hours and key road closures announced

The Dubai Metro's Red and Green lines will operate from 5:00 AM on December 31, 2024, until midnight on January 1, 2025

Dubai residents can now use nol Card to pay for e-scooters

Users can now purchase various packages, hourly, daily, or monthly, by linking their nol Cards to their smartphones

DEWA reveals $1.9 billion smart grid initiative to enhance efficiency

Using AI and IoT, the smart grid ensures efficient, reliable, and sustainable operations

Abu Dhabi hotels welcome 4.8 million guests in first 10 months of 2024

Abu Dhabi’s Tourism Strategy 2030 aims to attract 39.3 million visitors and contribute AED90 billion to the GDP by 2030

UAE Ministry of Finance announces key amendments to tax regulations effective January 2025

The modifications introduce various administrative reliefs and clarifications for businesses that establish Tax Groups.

Abu Dhabi’s Mubadala acquires 80 percent stake in Global Medical Supply Chain, Al Ittihad Drug

Strategic acquisition enhances Mubadala's footprint in the healthcare logistics and pharmaceutical distribution sectors

Indian businesses top the list of newcomers joining Dubai Chamber of Commerce in 9M 2024

Pakistan ranked second on the list with 6,061 new companies joining the chamber in the first nine months of 2024