Skip to main content Skip to footer This translates to an adjusted profit before tax margin of 70 percent, up by 4 percentage points from H1 2023
The launch reflects the UAE's vision to establish itself as a global AI hub
Expansion supports ADNOC’s target to increase its production capacity to 5 million barrels of oil per day by 2027
Deal will also likely boost the value of UAE exports by $247 million by 2030, according to official UAE estimates
The CEPA also seeks to establish new investment and cooperation pathways, allowing private sectors to build partnerships
Expected to begin operations in Q3 2027, the Madinat Zayed project will provide up to 1.5 gigawatts of backup generation
This investment signals the UAE's commitment to accelerating the growth and adoption of digital technologies across its economy
In 2023, the two nations had $1.3 billion in non-oil trade, a 30 percent increase from 2022 and 83 percent more than in 2019
The report noted strong performance in the fuel and tourism sectors
The country has become a leading hub for global scientific research, especially in space exploration
System will support EWEC's goal of raising its solar capacity to 7.5 gigawatts by 2030
Agreement supports the UAE’s efforts to enhance financial awareness amongst Emiratis in federal, government and private sector entities
The growth is attributed to a strong economy, diverse demand, and focus on quality, sustainable spaces
This marks an increase compared to July 2023, when AED711,323,785.25 was allocated to 46,835 recipients
The two countries enjoy thriving bilateral trade, with $4 billion in volume in 2023
The VLECs will be deployed on 20-year time charter contracts, generating an estimated $4 billion in revenue
The Jebel Ali Industrial Area Second Category saw rents jump 38.5 percent to AED36 ($9.80) per sq ft.
In September 2022, PureHealth acquired a 26.05 percent equity stake in Ardent Health for $500 million
Traveler registration service automation to eliminate the need for travel documents or direct interaction with airport staff
In the UAE, gold prices fell with 24-carat gold inching up to AED293.50 per gram
AI technology has enhanced efforts, shortened time and provided fruitful results in police and security work
By 2029, the company seeks to achieve a turnover of $1.127 billion and a gross profit of $324 million
The MoU outlines a pledge for mutual cooperation on investment promotion exchanges and support
The Estidama 5 Pearl rating signifies excellence in sustainable design