United Arab Emirates

Dubai FinTech Summit kicks off, to discuss latest sector innovations, challenges

The MENA fintech landscape is booming with over 800 fintech startups worth $15.5 billion

Abu Dhabi’s Yas Island welcomes over 34 million visits in 2023, says Miral

Saadiyat Island, meanwhile, saw a 44 percent increase in visits last year

UAE’s Sharjah announces discovery of new gas reserves in Al-Hadiba field

The gas field contains economically viable quantities of gas, according to the Sharjah Petroleum Council

Dubai maintains tourism growth momentum, welcomes 5.18 million tourists in Q1 2024

Dubai records an 11 percent year-on-year increase in international visitors from January to March 2024, with hotels achieving average occupancy of 83 percent

UAE’s non-oil sector sees strong upturn in business activity in April: PMI

Non-oil private sector firms indicated sustained growth in staffing numbers during April

Ajman tourism sector posts 7 percent surge in revenue, 9 percent growth in visitor numbers

The average duration of hotel stays also showed a positive trend, with a 5 percent increase

flydubai carries nearly 5 million passengers from January to April 2024

The airline plans to complete its retrofit programme by the end of the year

Dubai: ATM 2024 begins, to host over 41,000 attendees, 2,300 exhibitors

The exhibition will explore the potential of China, India and Latin America as they emerge as key players in global tourism

UAE gold prices up as global rates rise despite strong dollar

Currently, markets are pricing a 67 percent chance of a U.S. interest rate cut in September

Dubai Council set up to formulate future development agenda

Sheikh Mohammed bin Rashid Al Maktoum will be the chairman of the council

Top industry visionaries and achievers honored at Economy Middle East Summit in Abu Dhabi

Organisations across key sectors receive recognition for leadership in an ever-evolving economy

DFM’s new investor base grows 10 times as Dubai’s IPO market continues to boom

The market attracted nearly 44,000 new investors in Q1 this year, and 85 percent of them are international

ATM 2024 returns next week in Dubai, with over 41,000 attendees expected

The event will feature over 2,300 exhibitors from more than 165 countries and is set to welcome new destinations

UAE’s Etihad Airways expands global network with five new interline partnerships

The agreements improve connectivity for customers of the involved airlines to destinations within each other's networks

UAE gold prices rise as global rates inch up ahead of key U.S. payroll data

Diminishing geopolitical concerns and a reevaluation of interest rate expectations impact bullion

Abu Dhabi’s ADQ lists inaugural $2.5 billion bond on London Stock Exchange

Listing proceeds to facilitate further investments in strategic initiatives

UAE gold prices rise, global rates slip as Fed keeps rates unchanged

Powell's assurance that further rate hikes were off the table will help bullion

ADNOC, G42, Presight forge new partnership to leverage AI solutions in energy sector

Partnership aims to deliver value and operational efficiencies to ADNOC, G42, Presight, and the UAE

Economy Middle East Summit 2024 highlights economic growth prospects in the MENA region

Summit sparked discussions between 1000+ C-level executives, entrepreneurs and government-related entities

US Federal Reserve, UAE Central Bank keep interest rates unchanged

Interest rate cuts by the Fed, expected earlier this year, have been delayed due to stubbornly high inflation

UAE banks thriving, Al Maktoum airport expansion to reshape real estate landscape: S&P

Real estate transactions, demand and prices in Dubai witnessed a surge in recent years

UAE gold prices decline, global rates marginally rise ahead of Fed’s policy decision

Gold prices have declined more than $140 after reaching a record high of $2,431.29 on April 12

UAE banks’ gross assets reach record high, exceed $1.14 trillion in February 2024: CBUAE

UAE banks' monetary base expanded 2.7 percent monthly to AED688.7 billion in February