United Arab Emirates

Dubai’s dnata wins contract with Royal Jordanian at New York JFK

dnata's team aims to enhance the travel experience for 125,000 passengers on Royal Jordanian’s 360 annual flights 

Sheikh Mohammed bin Rashid welcomes China’s Premier of the State Council at Qasr Al Watan

Visit to further strengthen the bilateral relations between the UAE and China

Gross banks’ assets surpass $1.16 trillion by end of June 2024, reports UAE Central Bank

Gross credit rose by 1.1 percent to AED2,100.9 billion by the end of June 2024

UAE’s AD Ports awards $114.34 million crane contracts to ZPMC for terminal projects in Africa

Terminals will get three Super Post-Panamax STS cranes, servicing 21 container rows over 60 meters

Abu Dhabi’s Mubadala Energy expands Indonesia operations with new Central Andaman license

Company confirmed the successful and safe completion of the South Andaman drilling campaign, with the appraisal of the Layaran discovery

Abu Dhabi’s NMDC Energy starts trading on ADX following 31.3 times IPO oversubscription

The offering comprised 1.15 billion shares of the company, 23 percent of total capital, priced at AED 2.8 each

AI to contribute $100 billion to UAE’s GDP by 2030

The UAE is solidifying its status as a leading player in the global AI landscape, says Astra Tech founder

PGIM secures ADGM license, opens office in Abu Dhabi

This marks PGIM’s formal entry into the Middle East market

Abu Dhabi’s Hub71 welcomes 21 startups with $134.9 million in funding

Seven startups will join Hub71+ ClimateTech, gaining tailored resources for their sustainability missions

DAMAC Properties named official palladium sponsor for YPO’s 2024 Global Business Summit

Three-day summit in November to gather 1,000 global YPO members in Dubai

UAE gold prices up, global rates rise as investors eye additional U.S. economic data

U.S. central bank will likely start cutting interest rates next week with traders raising bets for a 25-basis-point cut to 87 percent

Emirates airline set to receive first Airbus A350 aircraft in October

Emirates has so far placed orders for 65 A350-900 aircraft

Sheikh Hamdan issues resolution, Dubai to get unified population registry

Resolution also outlines roles and responsibilities of the Dubai Data and Statistics Establishment

Abu Dhabi’s ADAA raises minimum percentage of audit hours for UAE nationals to 40 percent

The update also adjusted the term of auditor appointment to six years, in line with other UAE regulatory and legislative authorities

Abu Dhabi’s ADIO launches three state-of-the-art schools under Zayed City school PPP project

The first educational facility that ADIO's PPP procurement framework delivered was the Zayed City schools project

Abu Dhabi’s Yas Island unveils airport lounge at Zayed International Airport

The lounge is accessible to all guests free of charge and offers a dedicated waiting zone for the Yas Express bus

OPEC highlights UAE’s robust non-oil sector driven by consumer and business recovery

The report indicates that Dubai attracted 10.62 million international visitors from January to July 

UAE-India non-oil trade surges 10 percent in H1 2024, says minister Al Zeyoudi

Emirati investments in India reached $3.3 billion last year, while Indian investments in the UAE exceeded $2 billion

UAE’s DMCC launches AI Centre to propel global AI solutions

The AI Centre will be part of a newly integrated hub that also includes the DMCC Crypto Centre and DMCC Gaming Centre

DIEZ net profit rises 18 percent in H1 2024, further supporting Dubai’s non-oil economy

The total number of DIEZ-registered companies saw a 4 percent rise during the first half of 2024

Abu Dhabi Crown Prince wraps up visit to India, reinforces bilateral bonds

Sheikh Khaled emphasized the robust historical, social, and economic connections that the two nations share

UAE gold prices rise, global rates near $2,520 ahead of U.S. CPI data

Traders expect the CPI report to show that inflation is nearing the Fed's 2 percent target

Dubai South grants $40.83 million construction contract for ‘South Living’ project

The project is set for completion by Q1 2027, with 209 units, including studios and 1- to 3-bedroom apartments