United Arab Emirates

Alpha Dhabi acquires majority 73.73 percent share in National Corporation for Tourism and Hotels

Deal involves the transfer of four key hotel assets including two iconic luxury properties in Abu Dhabi

Emirates NBD posts record $7.38 billion profit before tax in 2024

The bank's branch expansion in Saudi Arabia enabled its loan book to grow by a very impressive 57 percent in 2024

ADIB reports record $1.66 billion net profit for 2024, up 16 percent

The Bank's Board recommended a cash dividend per share of 83 fils for 2024, amounting to AED3.030 billion

UAE gold prices rise AED2.25, global rates steady as investors await Fed decision

The recovery in global markets failed to assist gold prices in rising over their Tuesday levels

DLD recognizes over 120 leading entities for excellence in real estate sector

Recognition aims to inspire stakeholders to continue their dedicated efforts to achieve Dubai’s future vision of leadership and innovation

Arab Health rebrands to WHX Dubai marking new journey in healthcare transformation

World Health Expo (WHX) unifies Informa Markets' healthcare events for global connection and collaboration

UAE’s FTA urges natural persons to register for Corporate Tax before March 31

The FTA defines a 'natural person' as any living human being, regardless of age or residence

Abu Dhabi to host China’s Spring Festival among seven global cities

This event's significance grew after last year's 40th anniversary of diplomatic ties

UAE gold prices fall AED3.5, global rates rise as focus shifts to Fed meeting

China's net gold imports through Hong Kong fell 84 percent in December, dropping to their lowest since April 2022

Sheikh Ahmed bin Mohammed opens landmark 50th edition of Arab Health

H.H.: This event reflects Dubai’s vision for innovative health systems built on strong international partnerships

‘Emirati District’ launched at Dubai International (DXB) to empower young entrepreneurs globally

The project initiates the National Youth Agenda 2031, supporting young entrepreneurs in accessing global markets

UAE inks $6 billion investment deal to establish development projects in Georgia

The two leaders discussed ways to enhance cooperation between the UAE and Georgia in key areas

Arab Health 2025: AI is transforming healthcare delivery, improving patient outcomes

AI systems can detect diseases in medical images with an accuracy rate of as high as 94 percent

Etihad Credit Insurance hosts workshop for selected Xport Xponential initiative companies

H.E. Raja Al Mazrouei emphasized the initiative's role in boosting UAE exports and empowering local manufacturers

Abu Dhabi real estate: 125 percent surge in FDI as transactions hit $26.19 billion in 2024

The sector recorded 16,735 sales transactions valued at AED58.5 billion last year

UAE Customs transactions grow 49 percent to 40 million in 2024

The total number of customs seizures during the past year reached approximately 15,866 seizures.

ADGM launches all-in-one mobile app to boost connectivity across financial district

The app offers residents and visitors access to lifestyle features, cultural activities, and exclusive services

UAE President declares 2025 as the Year of Community

The Year of Community aims to strengthen family and community bonds by preserving cultural heritage

$10.7 billion travel technology market drives 25 percent growth at ATM 2025, kicking off April 28

The global travel technology market will grow at a 6.05 percent CAGR from 2025 to 2033

UAE digital VAT refund system achieves 34,900 applications, $789.5 million in refunds

In 2024, UAE nationals received 7,520 VAT refund applications for new residences, totaling $191.8 million

RAKEZ welcomes over 13,000 new companies in 2024, marking impressive 66 percent growth

With this achievement, RAKEZ is now home to nearly 30,000 multinational companies

New UAE housing system enhancements benefit 1,300 citizens with over $272.2 million investment

H.H. Sheikh Mohammed announced efforts to increase beneficiaries and address all pending applications throughout the year

Dubai’s real estate sector attracts 110,000 new investors in 2024

The sector recorded 217,000 investments valued at AED526 billion

UAE gold prices dip AED1.5, global rates fall as Fed’s rate decision nears

The U.S. dollar index gained 0.28 percent to 107.74, making bullion less attractive for other currency holders