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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 2023Â

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.