United Arab Emirates

New Salik toll gates in Dubai valued at $744.37 million

Salik has revised its full-year 2024 guidance, with annual revenue-generating trips expected to increase 7-8% in 2024

UAE gold prices edge down, global rates dip as market awaits U.S. inflation data

Markets now await the release of the U.S. PCE data, the Federal Reserve's preferred measure of inflation, on Friday

Emirati Women’s Day: Celebrating the driving forces behind Abu Dhabi’s SME growth

How Emirati female entrepreneurs help shape Abu Dhabi’s diversified economy

RAKEZ-registered businesses can now open Mbank digital business accounts in less than 48 hours

Businesses in RAKEZ can now gain access to Mbank's comprehensive suite of secure, customized, and advanced digital banking solutions

Gitex Digi_Health 5.0 Conference to be hosted alongside Medical Fair Asia in Singapore

Home to nearly 60 percent of the world’s population, Asia’s digital health market is expected to generate $66.97 billion revenue in 2024

Emirati Women’s Day: UAE highlights progress on gender equality and female participation

UAE highlights its Gender Balance Strategy 2022-2026, which seeks to position the country as a global model for gender balance

$15 million solar power plant to be established in Abu Dhabi’s KEZAD facility

This 27,000 square metre project is part of KEZAD's ongoing efforts to develop innovative clean energy environments

UAE’s ADNOC deploys cutting-edge AI system Neuron 5 to boost operational efficiency

The innovative solution autonomously monitors equipment to optimize performance and enable preventive maintenance

UAE’s DP World sets ambitious emission cuts goals, commits to net-zero by 2050 with SBTi approval

The global logistics company seeks to reduce its scope 1 GHG emissions by 42 percent by 2030

Saudi Arabia’s flynas expands UAE network with 8 new routes starting September 1

Expansion makes flynas the only Saudi airline serving the major four airports in the UAE with more than 20 daily flights

2.7 million tax free tags issued in UAE’s digital VAT refund system for tourists in H1 2024

UAE's digital VAT refund system processed 19.67 million transactions during this period

Dubai Chamber of Commerce launches ESG Label to promote sustainable business practices

The label helps organizations assess their ESG preparedness and maturity, earn recognition, and drive business growth

Businesswomen make up 18 percent of all entrepreneurs in UAE, 48.8 percent hold executive-director positions: Report

The share of women in the workforce also rose to 34.6 percent in 2024, up from 32.5 percent in 2023

Paid maternity leave of up to 90 days for Emirati mothers in Abu Dhabi private sector

To qualify for this service, individuals must apply for the service within the first 30 days of the baby’s delivery

UAE gold prices down, global rates ease on stronger dollar

Traders now see a 70 percent chance of a 25-basis-point rate cut and about a 30 percent chance of a bigger 50-basis-point reduction

Dubai’s WGES 2024 to explore eight themes to advance green economy, boost climate efforts

Summit to address the gap in funding capabilities and responsibilities of developed versus developing countries

Nakheel awards $220.54 million contract for marine works at Palm Jebel Ali to Jan De Nul Dredging

Jan De Nul Dredging is expected complete the entire scope of marine works at Palm Jebel Ali in just over two years

Abu Dhabi’s Mubadala partners with CBC Group to fully acquire UCB Pharma’s China mature business

Acquisition includes UCB’s neurology portfolio and allergy portfolio in Mainland China, in addition to UCB’s Zhuhai manufacturing site

UAE carriers boost global reach to 606 destinations, targeting 140 million passengers

This represents a 3.4 percent increase from the 586 destinations served at the end of 2023

Over 2,000 startups set to gather at latest Expand North Star edition in Dubai

Germany leads among the new country pavilions from the European region, with 40 startups debuting at the show

UAE banks attract over $14.7 billion in 3-month deposits in five months

Term deposits exceeding 12 months recorded AED44.48 billion at the end of May, up by 0.52 percent

Tourism surge, evolving preferences raise demand for short-term rentals in Dubai by 30 percent

Business Bay, Arjan, Jumeirah Village Circle, Downtown Dubai, Palm Jumeirah and DAMAC Hills are particularly popular for short-term stays

UAE’s non-oil foreign trade reaches record $379.81 billion in H1 2024


The country’s key exports like gold, jewelry, and metals have driven strong non-oil export growth, Al Zeyoudi says

UAE gold prices down, global rates dip as market awaits September U.S. rate cut

The dollar hovered near its lowest level in 13 months, making gold cheaper for other currency holders