business

UAE to issue $8 billion of local currency debt to support domestic capital market growth: S&P

The UAE's well-capitalized and liquid banks stand ready to provide funding if capital markets become unsupportive, ensuring stability

Dubai’s tech startup scene soars 135 percent, 127 startups supported in Q1 2025

Chamber events supported business, empowered startups, nurtured talent, and built partnerships

OMNIYAT debuts $500 million green sukuk on Nasdaq Dubai

Successful launch highlights conviction that profitability and a positive environmental impact are mutually reinforcing

ADIO, Japan’s ITOCHU join hands to scale investments into Abu Dhabi’s high-growth economy

Collaboration will identify opportunities for co-investment and joint ventures with Abu Dhabi investors

ADNOC L&S reports $1.181 billion Q1 2025 revenue — 41 percent surge led by logistics and shipping gains

EBITDA rose by 20 percent to $343.6 million, driven by robust performance across all business segments

ADIO, Mizuho partner to fast-track Japanese investment into Abu Dhabi’s economy

ADIO and Mizuho will jointly promote Abu Dhabi as a strategic investment hub for Japanese businesses and startups

U.S. and China ease trade tensions with 90-day deal, tariffs cut by over 100 percent

Tariff news boosted dollar and markets, alleviating economic downturn concerns

Trump’s Middle East trip to strengthen economic, strategic bonds with Gulf allies

Secretary Rubio will join the President during his trip to the Middle East to strengthen ties between the U.S.

Dubai launches ICV program to boost local manufacturing, in line with Economic Agenda D33

The initiative will be implemented through TASHAROK, the Government of Dubai’s shared procurement program

Abu Dhabi, Japan strengthen collaboration in smart mobility, business and sustainability

Strategic partnership for smart mobility solutions signed between Emirates Driving Company and Zenmov

Dubai’s Parkin drives $37.2 million net profit in Q1 2025 amid expansion

Revenue rose 27 percent to $74.4 million, with strong operational performance citywide