United Arab Emirates

Dubai’s du posts 19.8 percent net profit increase with Q1 revenues growing to $1.03 billion

Q1 EBITDA surged by 15.0 percent, achieving a remarkable margin of 47.4 percent.

Dubai accelerates toward tier-1 global city status, surpassing global peers in infrastructure

Most stakeholders believe the emirate will achieve full tier-one status within 5-10 years

UAE’s ADNOC raises $1.5 billion through debut sukuk

Net proceeds will support ADNOC Group for general corporate purposes and funding diversification

Alpha Dhabi Holding reports $1.2 billion adjusted EBITDA, $4.7 billion revenue growth of 23 percent

Company’s diverse portfolio has been crucial for driving revenue growth and enhancing profitability

Dubai Chamber of Commerce members’ exports, re-exports hit $23.41 billion in Q1 2025

The chamber revealed that 18,160 new companies joined during the three-month period

Dubai real estate sets new record: April sales transactions surge 94 percent to $16.91 billion

Primary property segment led the charge, with sales touching AED34.2 billion in value

DMCC launches new SPV and holding licenses to boost business flexibility in Dubai

New licenses eliminate physical office lease requirements, providing cost-effective solutions for modern businesses 

Dubai’s Jafza celebrates 40 years and $30 billion in investment as key trade hub in emirate

Sheikh Hamdan emphasizes Jafza's importance in Dubai’s developmental journey as a trade hub

Emirates to connect Dubai and China’s Hangzhou with new daily flights starting July 30

The new service will operate with a Boeing 777-300ER, offering 2,478 weekly seats

Sharjah maternity leave: 3-year leave approved for mothers who birth children with special needs

The 1-year paid leave can be extended up to three years under certain conditions

ADNOC Distribution reports 16 percent net profit increase to $174 million in Q1 2025

EBITDA rose by 11 percent to $275 million, the highest first-quarter result since 2017 IPO

Dubai 24-carat gold prices up AED8; global rates surpass $3,360 amid safe-haven demand

Market analysts predict that any dovish signals from the Fed could further support gold prices

Dubai Airport Show 2025 to spotlight MEASA region’s $1 trillion airport development market

Special focus at the Airport Show 2025 will be on the $35 billion development of Al Maktoum International Airport

Sheikh Hamdan launches ‘Hewi Dubai’ to revive traditional Emirati neighborhoods through new community spaces

New initiative aims to "revive the spirit of traditional Emirati neighborhoods through contemporary public spaces," said Sheikh Hamdan

UAE and Croatia explore opportunities in new economy, tourism and advanced technology

Focus on creating a flexible business environment to boost investment and dialogue between both nations 

Abu Dhabi and Japan eye stronger ties in clean energy, hydrogen and AI as free trade deal talks progress

Abu Dhabi to deepen cooperation in clean energy, hydrogen, AI, life sciences and next-generation technologies 

Dubai ranks first globally in attracting cultural, creative greenfield FDI projects in 2024

Dubai's creative sector has held this position for 3 consecutive years, attracting AED 18.86 billion in FDI capital inflows in 2024

Dubai Civil Aviation Authority launches new corporate identity to drive city’s aviation leadership

New visual identity reflects Dubai's position as a leader within the global civil aviation sector

Dubai: 57 major road projects to cut travel time for 8 million residents by 2027

Upgrades to key corridors will significantly boost vehicle capacity and reduce travel times

UAE’s new AI curriculum modernizes education, preparing students for tomorrow’s challenges

The AI curriculum aims to equip students with critical skills for navigating a digital world 

Job creation in UAE’s non-oil sector rises to highest level in 11 months, says PMI

The UAE's PMI remained steady at 54 in April, indicating a solid strengthening of operating conditions

ADNOC Gas posts 7 percent rise in net income to $1.27 billion in Q1 2025

ADNOC Gas signed a series of mid to long-term LNG supply agreements valued at around $9 billion in Q1

Dubai Holding launches city’s first IPO of 2025, to float 12.5 percent of Dubai Residential REIT on DFM

Dubai Residential REIT is expected to be the GCC’s largest listed REIT, with a gross asset value of AED21.63 billion