Abu Dhabi

Arab economies projected to grow by 3.3 percent in 2024 as inflation declines: Report

The inflation rate in its 22 member states is expected to decline to 3.3 percent this year, compared to 9.3 percent in 2023

Dubai invests over $844 million in Senegal over 13 years: CEO of Dubai Chambers

These investments have created more than 1,200 jobs in the Senegalese market

UAE’s GDP reaches $457.38 billion in 2023, 3.6 percent growth from previous year: Minister

The non-oil GDP stood at $340.3 billion, up 6.2 percent compared to 2022

How to open a bank account in the UAE

The UAE offers a diverse range of personal bank account options for both residents and non-residents

UAE’s ADFD finances projects worth $9.6 billion in 42 African countries

In 2023, ADFD led a $4.5 billion UAE initiative to boost Africa's clean energy infrastructure

Alef Education sets IPO offer price between AED1.30 and AED1.35 per share

Total offering size to reach between $496 million and $515 million

Sheikh Khaled inaugurates phase one of Abu Dhabi’s $844 million North Bani Yas housing project

The wider project, estimated at $2.53 billion, has been officially named Al Mizn Neighbourhood

L’Oréal Middle East, AstroLabs launch TechQuest challenge, fueling beauty tech advancements in the region

Out of 535 homegrown startups identified, 14 were shortlisted to innovate next-gen beauty tech for L'Oréal Middle East

Make it in the Emirates forum: MoIAT, EDB to launch $100 million AI financing support

The program aims to create opportunities for local and global technology developers and startups

Make it in the Emirates forum: $6.26 billion boost for local manufacturing

There will be investments worth AED20 billion in new industrial projects, Dr Al Jaber says

UAE tourism sector contributed $59.89 billion to GDP in 2023, generated 809,000 job opportunities

Projections suggest that the number of job opportunities will increase to 833,000 in 2024

Third edition of Make It in the Emirates Forum begins in Abu Dhabi, focusing on investment, innovation and growth

The forum features a diverse range of participants, including government, business, and financial representatives

UAE Islamic banks surpass $195.39 billion in assets, up 13.61 percent year-on-year

The assets of Islamic banks operating in the UAE increased by about $23.41 billion over the past 12 month

UAE announces $10 billion investment package to boost Pakistan’s promising economic sectors

In January 2023, the UAE agreed to roll over an existing $2 billion loan and provide an additional $1 billion to Pakistan

$935 million institutional placement of ADNOC Drilling shares complete

ADNOC will retain the majority 78.5 percent of ADNOC Drilling

Emirates NBD upgrades UAE’s non-oil growth forecast to 5 percent in 2024

In 2023, the UAE's economy grew by 3.6 percent, in line with the bank's forecasts

UAE and France partner to boost global AI ecosystem

The partnership will cover various areas, including data centre and supercomputing infrastructure buildout

High-net-worth individuals poised to invest $4.4 billion in Dubai’s residential real estate: Report

According to Knight Frank, Dubai's prosperity has been fuelled by its transformation into a global commerce hub over the last 50 years

Sheikh Mohammed bin Rashid visits Zayed International Airport in Abu Dhabi

The airport spans 742,000 square meters and can handle up to 45 million passengers per year

UAE leads MENA region, ranks among top 20 on WEF travel and tourism index

According to the report, the UAE has raised its score by 4.4 percent in the 2024 index

Abu Dhabi’s Mubadala backs Japan’s 108GW solar target with inaugural renewable energy investment

PAG REN I platform will play a critical role in supporting large corporations across Japan as they transition to clean energy

ADX launches Global Investor Roadshow in New York, showcases leading companies

Market capitalization of 15 of ADX’s most prominent listed companies reaches over $228 billion

Abu Dhabi’s Tadweer Group, DUBAL Holding acquire e-waste specialist Enviroserve

Acquisition seeks to enhance Tadweer Group's sustainable waste management operations, e-waste recycling capabilities