United Arab Emirates

Dubai’s real estate market sees 40.8 percent rise is sales value to $13 billion in August

Apartment sales across Dubai’s real estate market rose 37.6 percent annually to 12,268 with a value of AED23.5 billion

NMDC Energy IPO oversubscribed 14 times in four days

Since the IPO announcement, NMDC Group’s shares on ADX rose over 9 percent to their highest level since March

ADNEC’s Tourism 365, Resorts World Cruises partner to boost regional cruise tourism growth

Arabian Gulf deployment to include key locations such as Sir Bani Yas, Abu Dhabi, Dubai, Muscat, Khasab and Doha

UAE 2025 agenda: Cabinet to focus on enhancing family, national identity and AI

Cabinet also approved hosting the UAE Government Annual Meetings 2024 on November 5 and 6 in Abu Dhabi

UAE, Kuwait strengthen bilateral ties with MoUs on standardization, infrastructure, and cybersecurity

Other notable agreements included collaboration in communications and information technology

TAQA completes acquisition of SWS Holding for $462.84 million

Acquisition expands TAQA’s portfolio and strengthens its capabilities to deliver water treatment solutions

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