United Arab Emirates

UAE’s FTA corporate tax awareness initiatives attract over 15,700 participants, rising 8.7 percent in 2024

In 2024, 96 percent of FTA attendees expressed satisfaction with the informative nature of awareness events

Sustainability in UAE mega projects boosts bonds and sukuk issuances

UAE's issuance growth will stem from $35 billion Al Maktoum Airport and $8.2 billion drainage projects.

Dubai: 747 million riders used public transport, taxis in 2024 with daily average exceeding 2 million

6 percent surge in ridership compared with 2023, November reaching a record 69.9 million riders

Dubai South welcomes 415 new companies in 2024, reports 300 percent rise in leased office space

In 2024, Dubai South Properties successfully completed Phase 1 of The Pulse Beachfront

Dubai International Chamber attracts 51 multinational companies in 2024, 55 percent growth achieved

The chamber participated in 127 global events in 78 cities across 50 countries

TA’ZIZ awards SAMSUNG E&A $1.7 billion contract to build UAE’s first methanol plant

In its initial phase, TA'ZIZ will produce 4.7 million tons per annum of chemicals by 2028

Etihad Credit Insurance becomes UAE’s first insurer to join KYC Blockchain Platform

The initiative improves KYC compliance, customer data quality, and supports future growth of the network

Abu Dhabi real estate transactions hit $2.89 billion in January

Sales transactions totaled AED6.5 billion across 1,730 deals last month

Dubai unveils new air taxi prototype at the Museum of the Future

The Joby S4 aerial taxi features cutting-edge electric technology, ensuring zero emissions, safety, and comfort

Sheikh Hamdan launches Erth Dubai initiative to document emirate’s history, heritage

Erth Dubai will be carried out in multiple phases throughout 2025, starting with the collection of submissions from the community

UAE gold prices down AED2.25, global rates fall on stronger dollar

On Saturday, Trump levied 25 percent tariffs on Canadian and Mexican imports and 10 percent on goods from China starting February 4

Dubai Chamber of Digital Economy supports 1210 startups in 2024, trains 1333 Emiratis in app development

21 events were held this year to support startups, nurture talent, and strengthen partnerships

UAE-Kuwait week to boost bilateral relations amid $86.3 billion trade growth

The event will be hosted at Jumeirah Emirates Towers in Dubai on February 3 to 4

UAE holiday calendar for 2025: When is the next long weekend?

Eid Al Fitr will mark the next long weekend and holiday in the UAE this year

Dubai DET, Dubai Basketball partner to drive city’s sports sector growth

Dubai Basketball has made history as the first team from the Middle East to compete in Europe’s ABA League

Major security flaw in DeepSeek’s AI database raises privacy concerns

How DeepSeek's open database compromised sensitive user information

Dubai’s RTA enhances traffic efficiency with three major improvements on Sheikh Zayed Road

First enhancement will boost vehicle capacity by 30 percent, improving entry and exit flows significantly

EDB becomes first local UAE bank to receive “Great Place to Work” certification

EDB has expanded its team from 135 to over 350 employees since April 2021, a remarkable 159 percent increase

NMDC Energy net profit soars 80 percent to $382.8 million in 2024

The company achieved record growth in its net profits for Q4 2024, reporting a net profit of AED502 million

Dubai: 13 events you shouldn’t miss in February at DWTC

DWTC will kick off February with Medlab Middle East 2025, a premier event for the medical laboratory industry

Dubai’s Mashreq Bank reports 4 percent increase in net profit to $2.45 billion in 2024

The bank's net profit before tax reached $2.7 billion, marking a 12 percent rise

Ajman real estate valuations surpass $2.28 billion in 2024 as demand continues to grow

Commercial property valuations reached AED5.29 billion, surpassing residential property valuations at AED2.12 billion

Sheikh Mohammed meets Dubai Police Academy’s top graduates, commends their excellence, loyalty

Sheikh Mohammed emphasized that nations are built and protected by loyal citizens who prioritize national interests