United Arab Emirates

UAE Central Bank boosts gold reserves by 19.3 percent to $7.46 billion in Q1 2025

Demand deposit balances surpassed AED1.147 trillion, up from AED1.109 trillion in December 2024 

Emirates carries over 1.7 million passengers in past 2 weeks despite regional disruptions

Emirates activated its robust contingency and disruption plans, with no diversions and only a small number of cancellations

UAE issues guidance on process of double taxation relief

The guidance further clarifies the timelines in which taxpayers must make a MAP claim

Dubai welcomes 8.68 million tourists in first five months of 2025

The city welcomed 1.53 million international visitors in May alone

Fitch affirms UAE rating at AA-, Abu Dhabi at AA with stable outlook

Rating reflects the UAE's moderate consolidated government debt, strong net external asset position and high GDP per capita

The unseen lifeline: How travel insurance is adapting to a world in flux

The wise traveler will view their insurance policy not as an all-encompassing shield, but as one vital layer of protection in an unpredictable world

ICC elects Dubai Chambers president and CEO as member of executive board

The ICC is the world’s largest business organization, representing a network of 45 million companies

Dubai’s RTA explores adoption of quantum technologies in key domains to advance smart mobility

Initiative aims to enhance the performance of intelligent systems, accelerate the transition to smart mobility and reinforce digital security

UAE real estate: How migration is driving economic growth, boosting demand

The influx of expatriates significantly boosts the UAE’s GDP, labor market, and real estate sectors

Emirates NBD highlights UAE’s rise as fintech powerhouse in new PwC report

The report explores key trends shaping the market, including surging digital adoption, expanding venture capital investment, and the integration of AI

Mastercard launches AI-powered account intelligence reissuance service to combat card fraud in EEMEA region

Card fraud costs billions annually, prompting the need for automated and efficient fraud prevention solutions

Dubai Airports resumes full operations after temporary suspension

Qatar reopened its airspace early Tuesday, allowing flights to resume over its territory

Dubai 24-carat gold price today dips to two-week low at AED404 amid easing geopolitical tensions

U.S. Fed Vice Chair Michelle Bowman stated the time for cutting interest rates is approaching

Ajman government introduces remote work on Fridays, reduces working hours in summer

The initiative introduces a 100 percent remote work system every Friday, effective from July 1 to August 22

UAE construction market set to surpass $52.7 billion by 2030: Report

The sector is driven by government investments, economic diversification, and a growing population 

Abu Dhabi enhances infrastructure governance with new ADPIC – arbitrateAD agreement

The MoU marks a significant step in the efforts to integrate global best practices into the way Abu Dhabi delivers its infrastructure ambitions

A voice of transformation: BAT group CFO Soraya Benchikh’s bold journey across borders and boardrooms

Benchikh's focus is on driving innovation that could transform public health while ensuring sustainability of the business and shareholder value

Dubai Chamber of Commerce welcomes 4,543 new Indian businesses in Q1 2025

The wholesale and retail trade sector ranked first, accounting for 36.2 percent of new registrations

ADIO and ADPIC launch unified model to accelerate public-private partnerships

The agreement establishes a unified operating model aimed at streamlining the planning, structuring, and procurement of capital projects

e& introduces new parental control service to enhance online safety for families

Parents can now seamlessly block unwanted applications with a single click, creating a safer digital environment for their children

Abu Dhabi DoF launches new budget cycle to enhance financial sustainability, strategic alignment

This initiative focuses on transparency, innovation, and excellence in public financial resource management 

UAE is progressing toward becoming a “global maritime power,” says energy minister

The maritime sector has contributed approximately AED135 billion to the national GDP, reflecting its vital economic importance

How European family offices are reallocating capital towards the UAE

The UAE imposes no personal income tax, capital gains tax, or inheritance tax