business

$2.3 trillion crypto market reaches new heights, 95 percent more millionaires: Report

The count of Bitcoin millionaires has surged by 111 percent to reach 85,400

Egypt’s sovereign wealth fund appoints Noha Khalil new acting CEO

TSFE's board of directors also approved the certification of the Fund's budget for submission to the general assembly

Emirati Women’s Day: Celebrating the driving forces behind Abu Dhabi’s SME growth

How Emirati female entrepreneurs help shape Abu Dhabi’s diversified economy

Oil prices rise on strong API data, ongoing supply concerns

Brent crude futures set to expire in October rose by 0.5 percent to $79.92 a barrel

RAKEZ-registered businesses can now open Mbank digital business accounts in less than 48 hours

Businesses in RAKEZ can now gain access to Mbank's comprehensive suite of secure, customized, and advanced digital banking solutions

UAE’s ADNOC deploys cutting-edge AI system Neuron 5 to boost operational efficiency

The innovative solution autonomously monitors equipment to optimize performance and enable preventive maintenance

2.7 million tax free tags issued in UAE’s digital VAT refund system for tourists in H1 2024

UAE's digital VAT refund system processed 19.67 million transactions during this period

Dubai Chamber of Commerce launches ESG Label to promote sustainable business practices

The label helps organizations assess their ESG preparedness and maturity, earn recognition, and drive business growth

Businesswomen make up 18 percent of all entrepreneurs in UAE, 48.8 percent hold executive-director positions: Report

The share of women in the workforce also rose to 34.6 percent in 2024, up from 32.5 percent in 2023

QatarEnergy, KPC ink 15-year deal to supply up to 3 MTPA of LNG to Kuwait

The contracted LNG volumes will be delivered ex-ship to Kuwait's Al-Zour LNG Terminal using QatarEnergy's LNG vessels starting in January 2025.

UAE carriers boost global reach to 606 destinations, targeting 140 million passengers

This represents a 3.4 percent increase from the 586 destinations served at the end of 2023

UAE banks attract over $14.7 billion in 3-month deposits in five months

Term deposits exceeding 12 months recorded AED44.48 billion at the end of May, up by 0.52 percent