United Arab Emirates

UAE visa amnesty: All you need to know

The amnesty covers all types of visas, such as expired residence and tourist visas

UAE labor law: Do you get extra salary for overtime or working on weekends?

According to the MoHRE, the maximum normal working hours for workers are eight hours per day or 48 hours a week

GCC listed banks post record $14.8 billion net profit in Q2 2024

Year-over-year, the growth was robust at 9.2 percent compared to Q2 2023

Dubai Centre for Family Businesses introduces new guide on governance, strategic services

This guide provides an overview of Family Office governance structures, their expertise, services, and key benefits

Dubai Aerospace Enterprise acquires 23 aircraft for $1.1 billion

The portfolio has an average age of 3.4 years, a lease term of 8.8 years, and serves 13 airlines in 9 countries

Emirates Group highlights 38 percent contribution of Emirati women to workforce growth

The Group supported 70+ Emirati women through leadership programs

UAE: $9.52 billion surge in AUM by portfolio management companies, investment funds

The SCA reported an 83 percent increase in authorized companies this year, rising from 18 to 33 since January

$2.3 trillion crypto market reaches new heights, 95 percent more millionaires: Report

The count of Bitcoin millionaires has surged by 111 percent to reach 85,400

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