United Arab Emirates

Sharjah’s Alef Group launches $680 million Olfah residential project

One of Olfah’s most distinctive features is Sharjah's largest private community park, located on an elevated podium spanning over 26,000 square meters

Crown Prince of Abu Dhabi arrives in Doha on official visit

Sheikh Khaled and Sheikh Abdullah discussed ways to strengthen cooperation in key areas for the benefit of both nations

Abu Dhabi SME Champions Program awards $24.1 million in procurement deals within first six months of 2023 launch

During its pilot phase, the program awarded 54 contracts to 49 SMEs, averaging AED1.8 million each 

Solomon Islands embassy inaugurated in Abu Dhabi 

Dr. Al Zeyoudi and PM Manele revealed a plaque that signifies the establishment of the Solomon Islands' diplomatic mission in the emirate

Abu Dhabi’s Masdar expands U.S. portfolio, acquires 50 percent stake in Terra-Gen

Masdar plans to build 100GW of capacity in its global renewable energy portfolio by 2030

Abu Dhabi reports new record GDP of $80.86 billion, 4.1 percent increase in Q2 2024

This growth is driven by the development of non-oil sectors, showcasing the emirate's economic diversification efforts

UAE holds largest share of Arab banking sector’s assets at 24.3 percent: AMF

UAE, Saudi Arabia and Qatar account for 58.9 percent of total assets in the Arab banking sector

UAE gold prices decline, global rates rise after Fed’s Powell signals smaller rate cuts

Amid the uncertain global economic and geopolitical landscape, bullion posted its best quarterly gain since 2016 on Monday

OMNIYAT launches $1.9 billion mixed-use project The Alba on Dubai’s Palm Jumeirah

The Alba is the first mixed-use garden retreat by the sea in the world designed by Zaha Hadid Architects

ATM 2025: Global travel and tourism market to reach $11.1 trillion, generate 348 million jobs in 2024

Amid the surge in travel and tourism globally, Dubai welcomed a record 9.31 million international overnight visitors in H1 2024

UAE commits $30 million to boost Ghana’s biodiversity and climate initiatives

The framework outlines six key investment areas, including biodiversity corridors, reforestation

UAE strengthens position as global leader in AI through strategic investments, partnerships

The country ranks third worldwide in attracting AI experts, with a strong emphasis on cultivating a skilled workforce to drive digital transformation

Emirates airline hosts largest ever commercial gathering, outlines strategic vision for growth

Strategic discussions around the future of revenue management, loyalty and B2C sales took center stage

Sharjah welcomes 1.057 million hotel guests in 8 months

Hotel occupancy rates held steady at 66 percent 

MBRHE partners with Microsoft to drive digital transformation, cloud computing initiatives for Dubai’s residents

The two entities will collaborate to organize workshops and training programs to develop digital skills among MBRHE employees

DMCC strengthens economic ties as over 500 Italian companies join Dubai’s premier free zone

DMCC's recent engagement with Italy follows an increase in bilateral trade, which surpassed $9 billion in 2023

Mastercard, Amazon Payment Services to enable digital payment acceptance across Middle East and Africa

The payment service provider will use Mastercard Gateway for quick, seamless, and secure transactions in the region

UAE President directs $100 million in urgent relief for Lebanon

This initiative showcases the UAE's ongoing commitment to supporting Lebanon during its hardships

Dubai: IHG inks agreement to launch world’s tallest all-hotel tower next year

The First Group announced that Ciel, the world's tallest all-hotel tower, will be the latest addition to IHG’s Vignette Collection Portfolio

UAE President designates February 28 as Emirati Day for Education, to be celebrated annually

Date marks the graduation of the first group of teachers from the United Arab Emirates University in 1982

UAE petrol, diesel prices reduced for October 2024

The new rates will be applicable from October 1

ADNH Catering IPO: Company to offer 40 percent of shares on ADX

The company plans to list 900,000,000 shares each with a nominal value of AED0.10

UAE gold prices edge down, global rates fall despite rising Middle East tensions

Market attention turns toward comments from both Fed chair Jerome Powell and Fed governor Michelle Bowman later today