United Arab Emirates

UAE President Sheikh Mohamed arrives in Italy to attend G7 session on AI and energy

Visit underscores the UAE’s commitment to strengthening dialogue and international cooperation in addressing global challenges

UAE’s ADDED partners with Broaden Energy to establish $272.2 million hydrogen manufacturing hub in Abu Dhabi

The new investment will create new job opportunities and stimulate economic development through innovative industrial solutions

Sharjah airport’s $650 million expansion project on track, says SAA chairman

Expansion prioritizes sustainability, in line with the UAE's goals to achieve climate neutrality by 2050

Abu Dhabi’s environment agency joins UAE Alliance for Climate Action Advisory Committee

As an Advisory Committee member, EAD will provide high-level strategic and technical guidance based on its sectoral expertise

Dubai’s DMCC attracts over 160 new Indian businesses as bilateral trade up 16 percent in 2023

UAE expects bilateral trade with India to reach $100 billion within the next five years

IPO boom underscores Dubai’s status as thriving hub for capital markets: DIFC Authority CEO

DIFC drives innovation and growth in the financial sector through its initiatives and regulatory framework

UAE gold prices decline, global rates on track for first weekly gain in a month

U.S. producer prices surprisingly fell in May amid lower energy costs, indicating that inflation has subsided

Abu Dhabi Finance Week returns in December under the theme ‘Welcome to the Capital of Capital’

This year’s strategic theme aims to unravel the key facets of Abu Dhabi’s strength and value proposition

Fazaa Card benefits and how to apply in the UAE

The Fazaa Card UAE is a multifunctional smart card issued by the government of the UAE

Dubai, Australian chambers ink agreement to strengthen economic, trade relations

Agreement encompasses data and expertise exchange between the two entities for studies on trade, investment and the economy

Sheikh Khaled approves $900 million housing benefits package for citizens in Abu Dhabi

Housing benefits package includes over AED3.046 billion in housing loans, which will help 1,766 citizens

Emirates begins operating flights from Singapore using SAF

Around 3.3 million liters of blended SAF became available in the fuelling system of Changi airport

Dubai’s du partners with Oracle Alloy to offer hyperscale cloud and sovereign AI services in the UAE

Through Oracle Alloy, du will offer over 100 OCI services, plus its own cloud services and apps

UAE’s AD Ports expands cruise terminal operations in the Red Sea with $4.7 million investment

The investment will manage and operate the three cruise terminals, expected to open in 2025

ADNOC awards $5.5 billion contract for Ruwais LNG plant

Project to more than double ADNOC’s existing UAE LNG production capacity to around 15mmtpa

Abu Dhabi’s Etihad Airways carries 1.5 million passengers with 84 percent load factor in May 2024

The airline had seen a 38 percent year-to-date increase in passengers, said CEO

UAE gold prices edge down, global rates decline as Fed holds interest rates steady

Dollar index rose 0.17 percent, making greenback-priced gold less attractive to other currency holders

Etihad Cargo raises belly-hold cargo capacity with 23 new flights starting June 2024

23 passenger flights to new destinations brings total number of new weekly passenger flights to 100

Alef Education begins trading on ADX after successful $514 million IPO

Alef Education's market capitalization reached $2.56 billion at the time of listing

UAE’s real GDP to grow by 3.9 percent in 2024, 4.1 percent in 2025: Report

The broader MENA region is expected to grow 2.8 percent in 2024 and accelerate to 4.2 percent in 2025

AI Retreat 2024: Sheikh Hamdan plans to double AI’s positive impact to drive economic growth, improve quality of life in Dubai

H.H. said the retreat will serve as an annual platform to examine the transformative impact of AI across all sectors

UAE gold prices decline marginally, global rates dip on stronger U.S. dollar

Asia gold demand surges as buyers turn to bullion as a hedge against geopolitical and economic uncertainty

UAE Cabinet approves $457.9 million housing aid package for Eid

The Cabinet also approved the launch of the "Manzili" bundle, which offers 18 housing services through 24 government entities

UAE’s non-oil sector grows 6.7 percent in Q4 2023: OPEC

Construction sector supports non-oil growth, accelerating to 8.4 percent in Q4 of 2023