United Arab Emirates

Abu Dhabi Mobility launches new driver, vehicle licensing services

Initiative supports the global competitiveness indicators of Abu Dhabi’s transport sector

UAE’s 2025 federal budget reiterates commitment to long-term sustainable development, says Sheikh Maktoum

UAE allocated 39 percent of the total budget to social development and pensions to drive drive economic and social progress

Sheikh Hamdan bin Mohammed concludes official visit to Kuwait

The discussions highlighted the significant advancements in cooperation, bolstered by the leadership of both nations

UAE, global gold prices dip as dollar surges ahead of Fed’s meeting minutes

U.S. dollar index rose 0.06 percent to 102.61 earlier in the session, inching closer to the seven-week high it recorded last week

Abu Dhabi’s Modon Holding, U.K. Candy Capital announce JV partnership in ultra-luxury real estate

The joint venture will deliver upscale residential, commercial, and hospitality projects

ADX launches Abu Dhabi-wide program to boost financial, investment education

The financial education program includes a series of workshops organized in collaboration with ADX member firms

Abu Dhabi showcases over 600 projects worth $54.45 billion at Switzerland’s Global Infrastructure Conference

Conference highlighted the importance of sustainable, ethical and efficient infrastructure investment

Sheikh Hamdan arrives in Kuwait on official visit

Sheikh Hamdan highlights the deeply rooted ties between the UAE and Kuwait, which continue to witness growth

ADIO, HSBC partner to drive bilateral trade, investment flows between Abu Dhabi and Asia

HSBC’s 160-year heritage in Asia gives the bank the expertise and reach to help achieve Abu Dhabi’s international goals

UAE, South Korea enhance collaboration in public oversight and integrity

In May 2024, the UAE and South Korea announced a CEPA to promote free trade and bilateral investment in key sectors 

Amaal 8: Luxury 48-story residential development launched in Dubai’s Meydan Horizon

Tower features luxurious Infinity Collection residences on the upper floors, each boasting superior quality finishes

Dubai International Chamber holds 180 business meetings in Belgrade to promote Dubai-Serbia ties

Non-oil trade between Dubai and Serbia reached $63.68 million in 2023

Abu Dhabi tops Global SWF charts with $1.7 trillion in assets under sovereign wealth fund management

The top six cities manage two-thirds of sovereign wealth fund capital globally, which amounted to $12.5 trillion in October

Dubai’s Financial Audit Authority to reveal 3 new digital services at GITEX 2024

One key service is the Al Mo’ashir Dashboard, a platform that provides insights from the Authority’s auditing data 

How smart companies can leverage regulation to stay ahead of the curve

Businesses that can master one regulatory environment can often leverage their compliance standards to enter other markets easily

Cointelegraph establishes Middle East office among 600+ Web3 firms at DMCC Crypto Centre

This collaboration is expected to provide Cointelegraph with valuable opportunities to engage with the broader Web3 ecosystem

ADNOC L&S approves $136.5 million cash dividend for H1 2024

Company aims to distribute a total dividend amount of $273 million for the full year, up 5 percent from 2023

UAE advances Egypt’s Ras El Hekma project, drives investments from key Emirati players

The development is set to attract $110 billion in investments during its development phase

Emirates Development Bank’s financing hits $3.51 billion in Q3 2024

Bank allocated $1.20 billion for the development and growth of Dubai’s key sectors

UAE gold prices flat, global rates dip as traders eye Fed’s latest meeting minutes, economic data

Investor focus now shifts to the Fed's latest policy meeting minutes due on Wednesday and inflation data due on Friday

UAE-Jordan CEPA to expand bilateral investment flows currently at over $22.5 billion

In 2023, non-oil trade between the two countries exceeded $4.1 billion, a 46.1 percent increase compared to pre-pandemic levels

Abu Dhabi Crown Prince Sheikh Khaled visits Norway, meets CEOs of leading local companies

UAE-Norway Investment Forum, taking place in Oslo, aims to strengthen trade and investment relations between the two countries

dnata, beOnd partner to support growth of premium air travel from the UAE

beOnd currently operates two routes connecting Al Maktoum - Dubai World Central with Male (MLE) and Zurich (ZRH)