United Arab Emirates

Abu Dhabi’s Mubadala to invest in $4.2 billion urea plant in Australia

The state-of-the-art facility is expected to produce over two million tons of urea annually

ATM 2024: Tourism set to account for 12 percent of UAE’s GDP in 2024

Balance between collaboration and competition among GCC destinations promotes tourism growth

ATM 2024: Emirates forges agreements with tourism boards of Malaysia, Turkey

Agreements promote travel across airline's network of more than 140 destinations

AIM Congress 2024 begins in Abu Dhabi

The event aims to formulate investment strategies and policies, and promote investment and economic opportunities

UAE and New Zealand begin economic partnership negotiations to boost trade, investment

In 2023 alone, the total trade volume between the UAE and New Zealand reached an impressive $764.5 million

ATM 2024: Dubai’s Emirates, China Cultural Centre join forces to amplify tourism opportunities

The agreement aims to enhance inbound travel from Emirates' global network to China

Emirates to fly A350s to select destinations in GCC, India, Europe from September

A350 aircraft offer three cabin classes and serve short to medium-haul cities

ADNOC Gas net income surges 21 percent in Q1 2024 at $1.18 billion

Domestic gas net income unit margin saw a 20 percent Y-o-Y improvement

Dubai’s ATM 2024: Sustainability and technology take center stage

During the event, the Market Insights Summit explored emerging markets (China, India, Latin America) as significant players in global tourism

UAE gold prices inch upwards as global rates decline on geopolitical uncertainty

Gold prices have established a support base around the $2,280 mark over the past week

UAE’s Alpha Dhabi posts $1.25 billion net profit in Q1 2024

The strong financial performance across the group during Q1 '24 was highlighted by a record revenue of $3.86 billion

Dubai FinTech Summit kicks off, to discuss latest sector innovations, challenges

The MENA fintech landscape is booming with over 800 fintech startups worth $15.5 billion

Abu Dhabi’s Yas Island welcomes over 34 million visits in 2023, says Miral

Saadiyat Island, meanwhile, saw a 44 percent increase in visits last year

UAE’s Sharjah announces discovery of new gas reserves in Al-Hadiba field

The gas field contains economically viable quantities of gas, according to the Sharjah Petroleum Council

Dubai maintains tourism growth momentum, welcomes 5.18 million tourists in Q1 2024

Dubai records an 11 percent year-on-year increase in international visitors from January to March 2024, with hotels achieving average occupancy of 83 percent

UAE’s non-oil sector sees strong upturn in business activity in April: PMI

Non-oil private sector firms indicated sustained growth in staffing numbers during April

Ajman tourism sector posts 7 percent surge in revenue, 9 percent growth in visitor numbers

The average duration of hotel stays also showed a positive trend, with a 5 percent increase

flydubai carries nearly 5 million passengers from January to April 2024

The airline plans to complete its retrofit programme by the end of the year

Dubai: ATM 2024 begins, to host over 41,000 attendees, 2,300 exhibitors

The exhibition will explore the potential of China, India and Latin America as they emerge as key players in global tourism

UAE gold prices up as global rates rise despite strong dollar

Currently, markets are pricing a 67 percent chance of a U.S. interest rate cut in September

Dubai Council set up to formulate future development agenda

Sheikh Mohammed bin Rashid Al Maktoum will be the chairman of the council

Top industry visionaries and achievers honored at Economy Middle East Summit in Abu Dhabi

Organisations across key sectors receive recognition for leadership in an ever-evolving economy

DFM’s new investor base grows 10 times as Dubai’s IPO market continues to boom

The market attracted nearly 44,000 new investors in Q1 this year, and 85 percent of them are international

ATM 2024 returns next week in Dubai, with over 41,000 attendees expected

The event will feature over 2,300 exhibitors from more than 165 countries and is set to welcome new destinations