United Arab Emirates

Etihad Cargo celebrates 10 years of serving Vietnam, spotlights growing demand for high-tech trade

In 2021 and 2022, the Hanoi station achieved the highest revenue contribution across Etihad Cargo's network

UAE insurance sector profits reach $680.6 million in 2023, reports CBUAE

The total number of insurance policies written across all types in the UAE surged to 14.6 million 

$19.55 billion of Islamic bonds, sukuk listings on Abu Dhabi market: UAE’s SCA

The listings comprise 10 conventional tranches and 6 additional issues categorized as green bonds and sukuk focused on sustainability 

Abu Dhabi sets new mortgage records in Q3 with $3.67 billion in 2,594 transactions 

This represents the highest quarterly volume seen in recent years

Abu Dhabi’s ADQ accelerates AI adoption across its portfolio with EQTY Lab solutions

Teams will deploy a new AI Integrity suite that aims to ensure ADQ’s AI models are reliable, secure and transparent

Dubai’s RTA implements major traffic upgrades to enhance road efficiency near 37 schools

These enhancements prioritize safety for all road users in Dubai, including staff, bus drivers, and families

DFM sees 10.9 percent gain in 2024, leading GCC markets with 4.1 percent monthly growth in September

The overall growth was widespread, driven particularly by significant gains in key indices such as the Financial Index

Riyadh welcomes first refurbished Emirates Boeing 777

This newly upgraded aircraft will operate the daily EK 819/820 service, departing Dubai at 07:10 and arriving in Riyadh at 08:05

UAE’s Space42 makes debut on ADX following Bayanat and Yahsat merger

Space42 merges Bayanat’s sophisticated geospatial analytics with Yahsat’s premier satellite communications and AI innovations

flydubai launches new business class check-in at DXB’s Terminal 2

flydubai's business class customers can now also enjoy a 'meet and assist' service from a member of the airline's team

DAMAC Properties strengthens commitment to sustainability at DEWA’s WETEX 2024 with innovative solutions

DAMAC launched its first Sustainability Report which highlights the organisation’s key ESG goals and vision

Sheikh Hamdan approves strategy to transform Dubai’s education, real estate by 2033

Dubai continues its journey to becoming the world’s leading destination for living, investment, and lifelong learning

UAE, global gold prices dip as U.S. dollar index rebounds, Mideast tensions escalate

The U.S. dollar held onto its gains, rising 0.08 percent to 101.28, and making gold more expensive for other currency holders

ADNOC International to acquire German chemical firm Covestro

Deal will further drive the diversification of ADNOC’s chemical portfolio

Abu Dhabi Crown Prince Sheikh Khaled, Prime Minister of Qatar discuss enhancing bilateral relations

Following the meeting, Sheikh Khaled concluded his official visit to Qatar

Ripple to introduce cross-border payment services in UAE following DFSA approval

Ripple will be the first blockchain-enabled payment services provider to be licensed by the DFSA

EDB and ADIB partner to boost SME financing in the UAE

 EDB will provide guarantees of up to 50 percent for the financing offered to SMEs by ADIB

DP World expands investment plans in Mozambique to enhance regional trade opportunities

The logistics giant has long operated at the Port of Maputo and recently extended its concession by 25 years, now lasting until 2058 

Azizi Developments to set up 12 factories in Abu Dhabi’s KEZAD for $272 million

The construction of the proposed facilities will ensure speed of build for materials required for the region’s burgeoning housing sector

Dubai launches new IP hub to empower entrepreneurs, enhance business landscape

This platform supports startups and researchers across creative design, sustainability, health, education, and law

ADNOC Drilling announces Turnwell JV to execute $1.7 billion unconventionals contract

Turnwell adopts batch drilling, which is a method that improves efficiency and reduces costs

McLaren Dubai delivers first GTS in the Middle East

Car is just 1,520kg, making it the lightest car in its class, with a segment-best power-to-weight ratio of 418PS per ton

Dubai’s EGA finalizes acquisition of majority stake in U.S. recycling company

This acquisition expands EGA's operations across four continents, from bauxite mining to aluminium recycling 

Crown Prince of Abu Dhabi holds talks with Qatar’s Emir, uncovers new avenues for strategic partnership

The talks focused on advancing joint cooperation in strategic sectors of mutual interest