United Arab Emirates

UAE launches Young Government Leaders Program 2024

Program brings together 45 of the top young leaders from local and federal government entities aged under 35

ADIPEC 2024: ADNOC, Masdar, Microsoft partner to drive AI deployment, low-carbon solutions

Agreement to power Microsoft’s data centers with renewable energy through Masdar

UAE banking sector capital, reserves hit all-time high of $136.84 billion

Local banks took the lion's share, accounting for 86.3 percent of the total capital and reserves

Air Arabia launches Sharjah-Yanbu flights, bringing UAE-Saudi routes to 12

The new route underscores carrier’s swift growth throughout the Kingdom as tourism and business travel climb 

ADIPEC 2024: ADNOC scales carbon-to-rock project with 44.01 following successful pilot

Pilot permanently mineralized 10 tons of carbon dioxide within Fujairah’s peridotite rock formations in under 100 days

ADIPEC 2024: UAE plans to invest over $54 billion to meet sustainable energy demand over next six years, says Suhail Al Mazrouei

This initiative is part of the country's commitment to decarbonising the economy and achieving net-zero emissions by 2050 

Dubai Customs, DP World partner to transform digital trade and logistics solutions

Partnership seeks to streamline trade and logistics procedures and deliver fast government services across Dubai

Emirates boosts U.K. network, returns to Edinburgh with daily service

Emirates serves the U.K. with 133 weekly flights across eight gateways including London Heathrow and London Gatwick

ADIPEC 2024: Microsoft supports energy transition towards more sustainable future 

The booth features a Surface Zone and demo arena for attendees to explore Microsoft’s solutions for operational and environmental goals 

ADIB becomes first UAE bank to safely test fractional sukuk

With fractional sukuk, retail investors can invest as little as $1,000 in the sukuk market rather than a minimum of $200,000

ADIPEC 2024: ADNOC, AIQ developing first-of-a-kind agentic AI solution for global energy transformation

ENERGYai combines large language models with specialized ‘agentic’ AI agents for tasks across ADNOC’s value chain 

UAE Government Annual Meetings: Cabinet sets key targets and national agenda for 2025

UAE Cabinet approves the National Anti-Drugs Strategy (2024-2031) with the aim of becoming drug-free by 2031

UAE, global gold prices dip ahead of U.S. election, Fed meeting

Despite markets largely expecting the quarter-point cut this week, gold prices may still see a reaction to the decision

Sheikh Mohammed bin Rashid attends three retreats during UAE Government Annual Meetings in Abu Dhabi

The annual meetings bring together over 500 officials from federal and local government entities, the private sector, and community institutions

ADIPEC 2024 sees calls for accelerating innovation to fast-track energy transformation

ADIPEC 2024 explores the role of policy and cross-border cooperation in shaping the energy transition and expanding access to climate technologies

Dubai property sales hit record high of 20,460 deals in October: Report

Early findings indicate that 73 percent of transactions were for off-plan or under-construction properties

DAE signs lease agreements with Hainan Airlines for four new Boeing 737-8 Aircraft

The inclusion of these cutting-edge Boeing 737-8 aircraft will aid Hainan Airlines in achieving its growth and operational goals. 

New taxi-sharing pilot service between Dubai and Abu Dhabi to reduce fares by up to 75 percent

The fare will be AED132 per passenger when two riders share the taxi and AED88 when three passengers travel together

Dubai Chambers, DMCC partner to attract digital investments

DMCC to offer special business setup support packages for companies, particularly those in crypto, AI and gaming

UAE, Slovenia presidents discuss enhancing bilateral cooperation, investments in key sectors

Meeting discussed UAE-Slovenia bilateral relations with a focus on boosting economic, trade, investment, and development cooperation

Lulu Retail IPO size increased to 30 percent on ADX

The offer price range remains unchanged, set between AED1.94 and AED2.04 per share

Dardasha’s Reem Madkour wins Visa and PublisHer’s ‘She’s Next’ program in UAE

Madkour won a $50,000 grant and a three-month online mentorship from PublisHer