United Arab Emirates

Sheikh Hamdan approves $10.9 billion worth of projects for Dubai government under PPP model

The new PPP portfolio will cover 10 fundamental economic sectors in Dubai over a three-year period (2024-2026)

Parkin shares jump over 35 percent on first day of trading on Dubai stock market

IPO resulted in market capitalization of AED6.30 billion upon admission

UAE commits to reducing carbon emissions under new national policy on biofuels

Strategic approval reinforces commitment to clean energy and climate action objectives

Record-breaking sales of $680.75 million for Dubai’s Casa Canal project

The company has so far sold 80 percent of its new iconic project

In a first, agreement for naming rights of fuel stations signed in Dubai

Through Project Landmark, companies and brands can secure naming rights for Emarat's service stations

Shareholders of Abu Dhabi’s Bayanat and Yahsat to vote on merger to create SPACE42 valued at $4.1 billion on April 25

SPACE42 set to achieve significant cost and revenue synergies by cross-selling and up-selling existing solutions

Sultan Al Jaber unveils COP Troika Vision to ensure parties deliver ambitious climate plans

Addressing the Copenhagen Climate Ministerial, COP28 President asks attendees to ensure energy transition is ‘just, orderly and responsible’

Abu Dhabi’s Tabreed shareholders approve new record high dividend payment for FY 2023

Shareholders approved a remarkable dividend payment of 15.5 fils per share

Dubai Aerospace Enterprise inks $420 million unsecured 5-year term loan

The loan will support the future financing needs of the business, DAE stated

UAE’s industrial exports grow 60 percent in 3 years: Sultan Al Jaber

Strategic initiatives and programs empower national industrial sector

Building a digital capital: Lessons from Dubai’s success story

Dubai's journey to becoming a global digital capital exemplifies the power of visionary leadership, strategic planning, and relentless pursuit of innovation

Kenya becomes 9th country to access UAE’s Trade for Development platform

Access to platform to strengthen Kenya's economic development and trade expertise

Abu Dhabi’s industrial sector sees 51 percent rise in licenses in 2023

Abu Dhabi's industrial strategy drives growth and diversification in the sector

ADGM: Over 70 percent of companies plan workforce expansion in 2024

ADGM is garnering strong support, with nearly 97 percent of business leaders recommend It

Borse Dubai plans $1.59 billion sale of Nasdaq shares

The Dubai-based company is selling about 27 million shares at a price of $59 per share in a secondary offering

42 percent of UAE companies adopt AI in business operations: Study

Insights highlight impact of AI in driving efficiency and enhancing consumer experiences

COP28 President Dr. Sultan Al Jaber receives leadership award at CERAWeek for securing UAE Consensus

COP28 was a success because everyone had a seat at the table, Dr Al Jaber said

Abu Dhabi’s Masdar signs agreement to acquire 50 percent stake in U.S.-based Terra-Gen

Investment to accelerate Terra-Gen's growth trajectory in clean energy

UAE’s overseas investments surpass $2.5 trillion mark in early 2024

One such landmark deal is the historic $35 billion investment agreement with Egypt for the development of Ras Al Hekma

UAE’s Islamic banking assets reach new highs, exceed $190.6 billion in 2023

Islamic banks account for 17.3 percent of the UAE banking system's total assets

Abu Dhabi records $23.7 billion in real estate transactions in 2023

The emirate saw 9,448 newly registered investors and 1,098 non-resident investors last year

UAE industrial exports surge to $50.9 billion in 2023, marking 61 percent growth

Sheikh Mohammed bin Rashid chaired UAE Cabinet meeting, reviewing accomplishments of industrial sector

UAE’s tourist tax refunds surge 14.41 percent to 4.18 million in 2023

Electronic system revolutionizes tax refunds, driving tourism growth