United Arab Emirates

Sharjah Islamic Bank’s sukuk offering oversubscribed 3 times, raising $1.5 billion

The oversubscription highlighted the bank's financial strength and prudent management

UAE gold prices rise, global rates set for third quarterly gain ahead of U.S. inflation data

Investors today await the U.S. personal consumption expenditures (PCE) price index, the Fed's preferred inflation measure

Dubai Chamber of Commerce launches Colombian Business Council

The chamber is working to increase the number of country-specific business councils to help promote Dubai's foreign trade

Dubai’s mortgage market at 14-month high: Top areas seeing highest activity

Data indicates a growing trend of buyers, often younger individuals, seeking properties in popular lifestyle and social hubs

Fitch affirms Abu Dhabi’s ‘AA’ rating with stable outlook

Abu Dhabi's non-oil activity will remain dynamic, growing 5 percent this year after a 9.1 percent expansion in 2023

Abu Dhabi, Fujairah tourism departments ink agreement to boost knowledge exchange, tourism

Collaboration underscores commitment to promoting the cultural heritage of Abu Dhabi and Fujairah by exchanging artefacts and artworks

UAE gold prices decline, global rates fall after hitting two-week low ahead of U.S. inflation data

Gold prices remain impacted by the Fed's policy decisions and rising geopolitical tensions

11 reasons UAE is the ideal hub to start a business

Unmatched advantages and incentives for business owners make UAE the perfect launch pad

Abu Dhabi’s Etihad Airways launches 4 new weekly flights to Denpasar, Bali

Airline will operate flights on the state-of-the-art Boeing 787-9 Dreamliner

Dubai Business Forum–China to promote investments, bilateral relations

Forum to support both China's 'Made in China 2025' roadmap and the Dubai Economic Agenda

Dubai Airports leverages AI to streamline inventory management, enhance airport operations

The MRP tool boosted forecast accuracy 30 percent, enabling precise inventory planning and cutting excess stock 12 percent

UAE’s e& enterprise acquires Türkiye-based managed cloud provider GlassHouse

With this acquisition, e& enterprise aims to strengthen its capabilities, add vertical expertise, and expand into high-growth markets

UAE’s Etihad Cargo deepens collaboration with China’s SF Airlines, adds Abu Dhabi-Shenzhen freighter service

The two companies also agreed to increase the frequency of flights between their major hubs - Abu Dhabi and Ezhou

UAE’s MoF issues Public-Private Partnership Manual, defines priority sectors for first phase

The manual aims to leverage private sector expertise to benefit the government

UAE gold prices decline, global rates dip on stronger dollar

Higher 10-year treasury yields and a stronger U.S. dollar trigger decline in gold prices

Japan’s Mitsui & Co. to begin construction on clean ammonia facility in UAE

Japan Bank for International Cooperation, Sumitomo Mitsui Banking Corp co-finance $27 million loan

CBUAE issues Sandbox Conditions Regulation to boost innovation in financial services sector

The regulation will also help consolidate the financial sector's competitiveness and support the UAE's economic growth

UAE among top 10 countries with highest installed solar energy per capita: Report

With a cumulative capacity of 708 watt/capita, the UAE ranked 10th globally and first MEA country on the list

ADNOC Drilling’s new dividend policy to channel $4.79 billion to shareholders by 2028

The expected cumulative minimum yield from this new dividend policy during the 2024-2028 period is more than 27 percent

Dubai secures 12th spot in global wealth and lifestyle report, solidifying position as premier luxury destination

The emirate emerged as the 6th most expensive city in EMEA, attracting wealthy residents with its flourishing economy

UAE gold prices decline, global rates dip ahead of U.S. economic data releases

Gold prices declined over 1 percent on Friday on stronger dollar after U.S. business activity rose to a 26-month high in June

UAE, Czech Republic ink agreement for bilateral reinsurance obligations, boost bilateral trade

Agreement falls within the framework of the distinct economic partnership between the UAE and the Czech Republic

flydubai launches daily flights to two destinations in Pakistan starting July 1

flydubai started operating flights to Pakistan in 2010 with the launch of flights to Karachi

Etihad Airways operates first flight to Saudi Arabia’s Al Qassim

The new route to Al Qassim becomes Etihad's fourth destination in Saudi Arabia, with four non-stop flights per week