United Arab Emirates

ADGM launches new ‘Path to Forward’ brand identity

The new brand resonates with the financial centre’s growth, resilience, and optimism 

ADIPEC 2024 to feature AI zone with breakthrough solutions for AI energy needs, emissions

The AI zone will include the Energyai Conference, Creative AI Lab, Reskilling Lab and an immersive AI showcase

Sheikh Hamdan meets Google’s president, emphasizes AI for $27.2 billion annual growth

The discussions centered on enhancing the collaboration with this leading global technology firm

Alpha Dhabi records $3 billion net profit in 9 months

The Group achieved revenue of $12 billion, representing a 36 percent year-on-year increase 

Resorts World One celebrates maiden trip from Dubai

Resorts World One will provide exciting new vacation destinations including Sir Bani Yas, Doha and Muscat-Khasab

81.4 percent of Japan’s oil imports sourced from UAE, Saudi Arabia in September 

UAE stood out with 31.33 million barrels, while Saudi contributed 27.98 million barrels 

Sharjah real estate sees 69,078 transactions worth $7.62 billion in 9 months

UAE nationals contributed $3.72 billion through the purchase of 22,908 properties 

UAE’s non-oil sector projected to grow between 4 percent and 5 percent in 2025: IMF

The country's economic growth is projected to lead region in 2025, says Dr. Azour

Sheikh Mohammed bin Rashid issues Decree on Board of Dubai Electronic Security Centre

As per the Decree, Tamim Mohammed Al Muhairi will serve as Vice Chairman

ADNOC, DMT partner to advance infrastructure and community services with AI in Abu Dhabi

Agreement builds on ADNOC’s longstanding strategic partnership with the DMT in establishing community service centers

DFM net profits surge 60 percent to $81.3 million in first nine months of 2024

Outpacing regional markets, the DFMGI surged by 10.9 percent closing at 4,503.48 points, the highest level since 2014

UAE joins U.S. Global Entry program to facilitate travel for Emiratis

Addition makes the UAE one of 23 partner countries to allow its citizens to apply for Global Entry membership

764 major deals drive $15.79 billion in Abu Dhabi, Dubai bourses this year

At ADX, there were 549 transactions, encompassing 16.6 billion shares valued at AED55.4 billion

UAE gold prices fall by AED3 after Diwali, global rates rise ahead of U.S. payrolls data

Gold prices have gained over 4 percent in October amid safe-haven flows spurred by Mideast tensions and U.S. election uncertainty

du joins hands with Accenture to strengthen information technology division

Accenture will also support du with the adoption of new technologies and products

Sheikh Zayed Festival commences tomorrow: 120 days of diverse activities and events in Abu Dhabi

On the first day, the public will enjoy an extensive lineup of interactive and unique entertainment, including an opening parade

US customs pre-clearance facility moves to Abu Dhabi’s Zayed International Airport

New pre-clearance facility eliminates the need for lengthy queues upon arrival in the U.S.

Emirates ramps up Africa network with more flights to Entebbe, Addis Ababa, Johannesburg

Emirates will increase frequency in Ethiopia, with a daily flight connecting Dubai and Addis Ababa from January 1, 2025

Dubai Reef achieves key milestone with first 1,000 purpose-built reef modules fabricated

The initiative aims to deploy a total of 20,000 specially designed reef modules of varying sizes over a span of three years 

S&P predict robust growth in UAE Islamic finance driven by non-oil economy, $6.1 billion sukuk surge 

The agency notes a rise in foreign currency sukuk issuance, particularly in real estate and finance, to attract foreign investment 

Amazon, Emirates, GEMS, Careem join Dubai’s Gig Economy Sandbox initiative

Sandbox Dubai is an innovative platform that seeks to enhance Dubai’s legislative and regulatory environment in line with future needs

Binghatti launches $1.36 billion Skyrise project in Business Bay

This launch further aligns with Binghatti's ambitious goal to expand its project portfolio to exceed AED100 billion within the next 18 months

Etihad Airways, Vietnam Airlines explore greater cooperation through codeshare

Etihad Airways and Vietnam Airlines have an existing interline agreement, allowing passengers to seamlessly transfer between flights

ADNOC Distribution reports record high earnings at $790 million

ADNOC Distribution exceeded 11 billion liters in total fuel volumes, marking the highest-ever nine-month volumes