United Arab Emirates

flynas launches inaugural flight at Zayed International Airport, linking Saudi Arabia and UAE with affordable travel

This new route will benefit business and leisure travelers, boosting tourism and trade between the two countries

UAE gold prices rise, global rates up as market awaits U.S. payrolls data

So far this year, gold prices have gained over 29 percent, rising to a record high of $2,531.60 on August 20

UAE corporate tax: FTA urges registration by end of September

The FTA noted that an administrative penalty will be levied on taxable persons who fail to comply

Abu Dhabi’s Yahsat approves interim dividend of $55.79 million for H1 2024

Dividends will be distributed to shareholders registered by the end of the business day on September 12

Nasdaq Dubai lists $400 million bonds from Agricultural Bank of China

The $400 million note, issued under the $15 billion medium term note program, is due in 2027

Air Arabia to launch five weekly non-stop flights to Warsaw starting December 20, 2024

This addition makes Warsaw the second city in Poland to be served by Air Arabia, following Krakow

Sharjah Airport welcomes first flights of Saudi Arabia’s flynas, boosting international connectivity in the UAE

flynas will operate seven weekly flights from Jeddah and two from Madinah to Sharjah Airport, using Boeing 737s

Sharjah Summer Promotions 2024 concludes with over $190 million in sales

Ceremony also featured the distribution of valuable gifts and an AED3 million prize pool awarded to over 200 winners

UAE-China Think Tank Forum in Beijing explores cooperation in trade, education and culture

Forum provides a platform for collaboration and dialogue between think tanks in both countries to explore opportunities for joint academic projects

UAE approves consolidated financial statistics for 2023 with $39.2 billion government surplus 

Last year, the country attracted a record $30.49 billion in foreign direct investment, ranking second globally

SIF 2024 to launch on September 18, feature insights from industry experts on AI and business growth

Chris Do, Grant Cardone, Vusi Thembekwayo, and Aman Gupta among 80 industry leaders participating at the event

Algeria joins BRICS New Development Bank: A new era in economic collaboration

By joining the BRICS financial branch, Algeria is advancing its global financial integration

UAE gold prices ease, global rates dip as traders await U.S. economic data

Gold prices may rally if reports signal a weaker economy and the Fed considers a larger rate cut

Sheikh Khaled attends inauguration of IIT-Delhi Abu Dhabi

The agreement to establish the institute’s Abu Dhabi campus was signed in July 2023

UAE’s BRICS membership fosters new growth opportunities, global development

BRICS now represents around 45 percent of the world's population and 25 percent of global exports

DP World completes acquisition of Hong Kong-based Cargo Services Far East

DP World now has more than 115,000 employees in 800 locations globally

UAE to host major global events in September: All you need to know

The DIFC will host the inaugural Dubai AI & Web3 Festival on September 11-12 at Madinat Jumeirah

Shareholders at Abu Dhabi’s Borouge approve $650 million interim dividend

Borouge also reaffirmed its intention to pay a total of $1.3 billion dividend this year

UAE oil imports to Japan reach 31.07 million barrels in July 2024, 49.1 percent of total

Arab oil made up 97.8 percent of Japan's imports, totaling 61.92 million barrels

Abu Dhabi, Dubai launch unified parking permit system for people of determination

Initiative falls in line with ongoing efforts to support the nation's drive toward sustainability and digital transformation

Dubai RTA opens two new major bridges on Al Khail Road, travel time to be cut by 30 percent

These newly completed bridges stretch 1,350 meters and can accommodate approximately 8,000 vehicles per hour

UAE gold prices flat, global rates down on smaller Fed rate cut bets

The U.S. personal consumption expenditures (PCE) price index rose 0.2 percent in July, in line with expectations

UAE: Petrol, diesel prices for September 2024 announced

The rates will be applicable from September 1 onwards

NMDC Energy IPO oversubscribed within hours on first day

Offer shares are available to eligible investors at AED2.8 per share