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United Arab Emirates
Logistics
Emirates launches daily flights from Dubai to Bogotá, Colombia
Historic first-ever link between Middle East and Northern South America
Logistics
RAKEZ wins Best Special Economic Zone award in India
Recognition for exceptional support to Indian companies
Miscellaneous
UAE President Sheikh Mohamed welcomes FIFA President Gianni Infantino to Abu Dhabi
FIFA President is in the UAE for Beach Soccer World Cup
Banking & Finance
Sheikh Mohammed: Emirates NBD continues to play a major role in the sustained growth of UAE’s banking sector
During a visit to Emirates NBD headquarters on the occasion of the bank’s 60th anniversary celebrations
Real Estate
Dubai real estate market hits record transactions in 2023
Off-plan market and secondary deals drive sector's robust growth
Hospitality & Tourism
South Korea’s H2O Hospitality establishes regional headquarters in Abu Dhabi
The new headquarters will serve as a catalyst for the company's international expansion beyond Asia
Banking & Finance
Bankruptcy law, insolvency key focus at financial restructuring conference in Abu Dhabi
Experts take stock of the progress made on the restructuring front in the MENA economies so far.
Logistics
FedEx inaugurates $350.93 million hub at Dubai World Central
The new facility boasts AI-equipped high-speed X-ray machines
Real Estate
Abu Dhabi property market continues strong growth
Both sales and rents in Abu Dhabi grew in the fourth quarter
Telecom
UAE’s e& reports 3 percent jump in consolidated net profit at $2.8 billion in 2023
Consolidated revenues for e& reach AED53.8 billion, a growth of 8.3 per cent year-over-year
Real Estate
Sharjah real estate market booms with $1.06 billion in transactions in January 2024
Sharp year-on-year increase reflects growing confidence in Sharjah's property sector
Banking & Finance
CBUAE: UAE ranks as fourth largest Islamic finance market globally
The Islamic finance sector experienced an 11 percent growth in 2022
Logistics
DP World inaugurates $150 million Agri Terminals facility at Jebel Ali Port
Jebel Ali Port expansion marks milestone in UAE's food supply chain resilience
Sustainability
UAE, France forge agreement to establish bilateral climate investment platform
The MoU took place during the 2nd plenary meeting of the UAE-France High-Level Business Council in Paris
F&B
Mohammed bin Rashid tours Gulfood 2024
Gulfood has drawn 5,500 exhibitors and visitors from 190 countries.
Industry
Emirates Flight Catering fully acquires Bustanica, the world’s largest indoor vertical farm
The acquisition makes Bustanica a 100% UAE-owned agriculture venture
Sustainability
Abu Dhabi Roadmap to bolster global environmental education, sustainable development
The roadmap was revealed during the 12th World Environmental Education Congress
Logistics
Dubai International welcomes 87 million guests in 2023, crosses pre-pandemic levels
The airport forecasts it will receive 88.8 million guests in 2024.
Economy
WGS 2024: 10 key announcements from the summit in Dubai
The next World Governments Summit (WGS) will be held between 18 and 20 February 2025.
Logistics
ADNOC L&S achieves $620 million in 2023 net profits
A 138 percent YoY increase
Sustainability
ADNOC Distribution ties up with NWTN to offer EV maintenance services in UAE
Introducing authorized quick service stations for range-extended Rabdan one EVs
Technology
WGS 2024: UAE AI Office partners with Emirates Global Aluminium to accelerate AI adoption in industrial sector
Agreement aims to foster research partnerships for AI, including the development of new aluminum alloys
Economy
113th Arab Economic & Social Council: UAE reiterates support for joint efforts to achieve sustainable economic development
H.E. Bin Touq highlights UAE’s keenness to strengthen Arab level cooperation in new economy sectors
Logistics
WGS 2024: Dubai aims for 25 percent autonomous vehicles by 2030
9.4 percent of Dubai’s transportation is currently self-driving
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