United Arab Emirates

OMNIYAT launches $1.9 billion mixed-use project The Alba on Dubai’s Palm Jumeirah

The Alba is the first mixed-use garden retreat by the sea in the world designed by Zaha Hadid Architects

ATM 2025: Global travel and tourism market to reach $11.1 trillion, generate 348 million jobs in 2024

Amid the surge in travel and tourism globally, Dubai welcomed a record 9.31 million international overnight visitors in H1 2024

UAE commits $30 million to boost Ghana’s biodiversity and climate initiatives

The framework outlines six key investment areas, including biodiversity corridors, reforestation

UAE strengthens position as global leader in AI through strategic investments, partnerships

The country ranks third worldwide in attracting AI experts, with a strong emphasis on cultivating a skilled workforce to drive digital transformation

Emirates airline hosts largest ever commercial gathering, outlines strategic vision for growth

Strategic discussions around the future of revenue management, loyalty and B2C sales took center stage

Sharjah welcomes 1.057 million hotel guests in 8 months

Hotel occupancy rates held steady at 66 percent 

MBRHE partners with Microsoft to drive digital transformation, cloud computing initiatives for Dubai’s residents

The two entities will collaborate to organize workshops and training programs to develop digital skills among MBRHE employees

DMCC strengthens economic ties as over 500 Italian companies join Dubai’s premier free zone

DMCC's recent engagement with Italy follows an increase in bilateral trade, which surpassed $9 billion in 2023

Mastercard, Amazon Payment Services to enable digital payment acceptance across Middle East and Africa

The payment service provider will use Mastercard Gateway for quick, seamless, and secure transactions in the region

UAE President directs $100 million in urgent relief for Lebanon

This initiative showcases the UAE's ongoing commitment to supporting Lebanon during its hardships

Dubai: IHG inks agreement to launch world’s tallest all-hotel tower next year

The First Group announced that Ciel, the world's tallest all-hotel tower, will be the latest addition to IHG’s Vignette Collection Portfolio

UAE President designates February 28 as Emirati Day for Education, to be celebrated annually

Date marks the graduation of the first group of teachers from the United Arab Emirates University in 1982

UAE petrol, diesel prices reduced for October 2024

The new rates will be applicable from October 1

ADNH Catering IPO: Company to offer 40 percent of shares on ADX

The company plans to list 900,000,000 shares each with a nominal value of AED0.10

UAE’s FTA extends deadlines for corporate tax return filing, payment for specific tax periods

The extension applies to short Tax Periods that conclude on or before February 29, 2024 

UAE gold prices edge down, global rates fall despite rising Middle East tensions

Market attention turns toward comments from both Fed chair Jerome Powell and Fed governor Michelle Bowman later today

Zayed International Airport northern runway reopens in Abu Dhabi after rehabilitation

Upgrades to critical navigational aids like instrument landing system and runway visual range (RVR) systems were carried out

Weekly wrap: UAE President visits U.S., CBUAE raises GDP forecast, Microsoft to set up Abu Dhabi center

Sheikh Mohamed reaffirmed the UAE's unwavering commitment to its US partnership during his official visit

Dell Technologies modernizes UAE workplaces with new AI-powered PCs, workstations

Dell’s AI PCs help organizations implement AI strategies and prepare for the future

Air Arabia launches three weekly flights to Moscow from Ras Al Khaimah

New scheduled service to Moscow aligns with Ras Al Khaimah’s strategic vision for tourism growth

Dubai’s Jafza, Global Surfaces launch $27.23 million manufacturing facility

40,000-square-meter facility marks a significant milestone in the expansion of Global Surfaces' operations in the Gulf region

UAE banking sector demonstrates resilience with robust capital buffers, favorable liquidity conditions, says Central Bank

UAE's real GDP grew 3.6 percent, driven by rise in the non-oil sector, particularly in tourism, real estate, and finance 

UAE reaffirms commitment to advancing green infrastructure, private capital mobilization

Urgency of climate action demands that countries prioritize climate-resilient infrastructure while unlocking the potential of private capital