United Arab Emirates

UAE gold prices up AED0.25, global rates rise on dollar weakness

Investors await U.S. nonfarm payrolls data Friday to assess Fed's interest rate strategy

UAE’s real GDP grows 3.8 percent in 9M 2024, non-oil sector’s contributions hit 74.6 percent

Growth was driven by a strong expansion in non-oil sectors, which grew by 4.5 percent to AED987 billion

Sheikh Mohammed names Judge Omar Mohammed Miran as new deputy director of Dubai Courts

Judge Miran's appointment comes days after Sheikh Mohammed presided over the swearing-in ceremony of 34 new judges appointed to the Dubai Courts

Emirates, Malta Tourism Authority partner to bolster inbound tourism

Emirates has been serving Malta since 2003 and currently operates a daily flight using a Boeing 777-300ER

Abu Dhabi’s Tabreed issues $700 million inaugural five-year green sukuk

Strong demand led to the order books exceeding 4.3 times and the final issue being oversubscribed by nearly 2.6 times

CBUAE first Central Bank in region to sign Statement of Commitment to FX Global Code

This code promotes integrity, transparency, and fairness in the wholesale foreign exchange market practices

84 percent of women in UAE considering starting their own business, research shows

98 percent of women entrepreneurs expecting revenue growth over the next five years

UAE’s non-oil sector sees steady growth in February as output, new orders rise: PMI

The UAE's PMI stayed at 55.0 in February, signaling a sharp improvement in the health of the non-oil economy

UAE gold prices dip AED1.25, global rates rise amid Trump tariffs

Trump’s tariffs on products from Canada, Mexico, and China took effect just after midnight ET on Tuesday

UAE President commends Mohammed bin Rashid’s initiatives, efforts in advancing nation’s progress

Sheikh Mohammed bin Rashid named first-ever recipient of the Emirates International Holy Quran Award – Personality of the Year for 2025

Workforce planning: Strategies for a resilient and agile workforce

Companies must align workforce planning systems with business targets to ensure optimal harmony and effectiveness

Airbus to manufacture A400M aircraft parts in UAE, launch training facility

This initiative integrates UAE firms like EPI and Strata into the global supply chain effectively

New EV charging stations to boost eco-friendly travel in Dubai

The stations will use AC power at 22 kilowatts each, placed strategically in Parkin’s locations

China Eastern Airlines to launch direct flights between Shanghai, Abu Dhabi starting April

Flights are planned to operate every Monday, Wednesday, Thursday, and Saturday

UAE reaffirms commitment to full conformity with OPEC+ voluntary production adjustments

The eight OPEC+ countries plan to fully compensate overproduced volumes by June 2026

Dubai real estate sales grow 39.91 percent to $13.91 billion in February 2025

Last month’s total of 16,099 transactions represented a 35.5 percent increase in volume, making it one of the best-ever months on record

Asia accounts for 62.7 percent of multinational companies attracted by Dubai International Chamber in 2024

This emphasizes Dubai’s escalating reputation as a pivotal investment hub for international corporations

ATM 2025 to host over 2,600 exhibitors from more than 161 countries as international tourism grows

Europe is on track for a steady growth of 12 percent, with participants from across the continent participating in the upcoming edition of ATM

Dubai’s Salik posts $626.2 million in revenue for 2024, 8.7 percent YoY increase

Revenue-generating trips reached 498.1 million for the year, up by 8 percent YoY

Brands For Less Group ties up with Google Cloud to boost digital transformation

Retailer to leverage Google Cloud's data analytics and AI capabilities for enhanced efficiency

UAE gold prices rise AED2.5, global rates fall amid Trump tariff caution

Trump announced 25 percent tariffs on Mexico and Canada, starting Tuesday, and doubled Chinese tariffs to 20 percent

Saxo Bank reports record-breaking 287 percent surge in profit to $146 million in 2024

Saxo Bank experienced sustained growth and reached a record of almost 1.3 million clients by the end of 2024

Dubai’s energy demand rises 5.4 percent in 2024 as economy, population grows

DEWA experienced a noteworthy 3.4 percent increase in its peak demand in 2024, reaching 10.76 GW

Abu Dhabi real estate transactions hit $4.69 billion in first two months of 2025

Sales transactions since the beginning of the year totaled AED9.8 billion across 2,676 transactions