United Arab Emirates

Dubai’s net-zero efforts cut emissions by 29 percent in 2023

Achievement highlights the effectiveness of current measures under Dubai’s strategy to reduce carbon emissions by 30 percent by 2030

UAE, Rajasthan sign investment agreement to pursue 60 GW renewable energy project in India

Both nations have set ambitious clean energy targets in recent years

UAE President Sheikh Mohamed attends 16th BRICS Summit in Kazan, Russia

Extending until October 24, the 16th BRICS Summit will focus on key issues including financing, technology, food trade and expanding the union’s membership

Dubai Islamic Bank lists $500 million AT1 sukuk on Nasdaq Dubai

Dubai Islamic Bank currently boasts an outstanding value of over $9 billion through 11 sukuk listings on Nasdaq Dubai

UAE maintains leadership in global labor market competitiveness indicators

The country secured the top position globally in four key indicators from the Institute for Management Development World Competitiveness Yearbook 2024

Dubai’s DMCC reports 11 percent growth in Turkish companies as UAE-Türkiye trade surges

In the first half of 2024, trade between the two countries rose by 15 percent, following a surge of 107 percent in 2023

UAE’s AI firm G42 appoints new Group Chief Strategy Officer

Ali Dalloul brings extensive expertise in AI commercialization, enterprise integration, and product strategy

ADNH Catering shares listed on ADX following successful IPO

The IPO raised gross proceeds of AED864 million, implying a market capitalization of AED2.16 billion at listing

UAE’s real GDP expected to expand by 5.1 percent in 2025, according to IMF

Globally, growth is expected to remain stable but lackluster, with projections of 3.2 percent for both 2024 and 2025 

Sheikh Mohammed bin Rashid meets local investors, businessmen at Zabeel Palace

Sheikh Mohammed engaged with attendees on a range of topics related to Dubai’s development journey

Arada introduces $1.36 billion W Residences project at Dubai Harbour, featuring over 400 apartments for sale

This project features a selection of amenities and is situated in one of Dubai’s most sought-after districts

Parkin to launch barrierless parking at three shopping malls in Dubai

The new parking system will be implemented at Mall of the Emirates, City Centre Deira and City Centre Mirdif by January 1, 2025

flydubai announces new service from Dubai to Bhairahawa in Nepal starting November 10

This service will depart daily from Terminal 2 at Dubai International (DXB), providing travelers with a convenient route to a new entry point into Nepal

Gold prices hit new record high of $2,752.38, UAE rates up

Market awaits the upcoming release of U.S. existing home sales data, which will provide additional insight into the health of the economy

PRYPCO secures $10 million in seed funding led by Shorooq Partners

The seed funding will help PRYPCO scale its operations and expand its offerings

Finance House to invest $81.67 million in Abu Dhabi capital market

This collaboration seeks to enhance market liquidity and financial stability, aligning with the ADX’s vision 

Sharjah Chamber hosts Japanese delegation, discusses enhancing economic cooperation

The Chamber seeks to boost knowledge exchange and collaboration between investors from both nations

UAE plays pivotal role in enhancing food security, sustainability: FAO

MoCCAE and Dubai Municipality are vital partners in promoting sustainable agriculture and minimizing food waste

Abu Dhabi, Dubai crowned top cities for expats’ ease of entry globally

Dubai, Abu Dhabi, Riyadh, and Dammam demonstrated adaptability in the face of global economic and geopolitical challenges

DMCC Sustainability Hub boosts services, sustainability agenda with key partnerships

Through these agreements, DMCC Sustainability Hub aims to strengthen its status as the leading ESG ecosystem in the region

Dubai sets new all-time record in real estate transactions in September: Report

Dubai's real estate market to record a 30 percent year-on-year growth this year

Emirates NBD redefines cross border payments in partnership with Partior

Bank becomes the first regional and UAE dirham, Saudi riyal, and Indian rupee settlement bank on the platform

Saudi flynas partners with VCM on carbon offsetting, environmental protection, and sustainability

The deal supports the Kingdom's climate ambitions to achieve net zero emissions

Abu Dhabi’s ADAFZ partners with Radius Group to develop $87 million warehousing facilities

Spanning over a 140,000-square-meter plot of land, the project will deliver over 90,000 square meters of best-in-class warehouses