Dubai

UAE doubles passport validity to 10 years for citizens aged 21 and above

The move aims to reduce bureaucracy and save time for citizens

Dubai Customs harnesses blockchain to usher in an era of efficient and transparent trade

New platform launched to strengthen collaboration between government entities and logistics industries

Dubai sees 190 prime property deals over $10 million in H1 2024 as supply drops: Report

The emirate's prime residential markets face a 47 percent supply shortage, with only 2,851 properties available

DEWA’s IPWP model attracts $11.87 billion investment over 10 years

Key projects include the Mohammed bin Rashid Al Maktoum Solar Park, which aims for 5,000MW by 2030 at AED50 billion

UAE’s cryptocurrency sector projected to expand by 7.89 percent annually, reaching $395.80 million by 2028

Data showed that the average daily number of crypto traders in the region exceeded 500,000 in February

Dubai to get mega 20 million sq.ft. car market

‘Dubai Car Market’ will be connected with 77 ports managed by DP World around the globe, enhancing its capacity and doubling its current sales of $1.85 billion

Dubai to host 10th World Green Economy Summit on October 2-3

Summit will be held under the theme ‘Empowering Global Action: Unlocking Opportunities and Advancing Progress'

Cost of living in Dubai in 2024: Is it an expensive place for expats?

Despite being a key hub for millionaires, startups and a booming property market, Dubai is affordable compared to other global metropolises

UAE’s 7X reveals expansion plans to strengthen diversified portfolio, global presence

As a member of the Universal Postal Union representing 192 countries, 7X can facilitate access to a global postal network

Dubai’s Q2 residential real estate market soars with 35,310 transactions and 20.5 percent YoY growth

The surge was driven by the rising popularity of customizable units and stable investment returns

Dubai’s DFSA completes record number of inspections to ensure audit quality at DIFC

The DFSA recorded its highest number of authorizations, licensing over 100 new firms in 2022-2023

Sheikh Hamdan announces Dubai’s winning bid to host premier global conference on computer vision, AI

The event is expected to draw over 15,000 industry leaders, experts, and officials from around the globe

UAE’s Arada lists $400 million sukuk on Nasdaq Dubai

Arada's sukuk listing brings the total value of sukuk issuances to $93 billion

e& UAE, Khalifa Fund for Enterprise Development partner to accelerate local startup growth

Khalifa Fund members will gain access to special offers and tailored telecommunications and digital solutions from e& UAE through a dedicated online portal

From Middle East to Africa, travel sector reaches new heights in 2024: Report

UAE ranked among the top 10 global travel destinations in the past year

Dubai launches new mixed-use development project ‘DIFC Square’

The project will expand DIFC's real estate with offices and retail, meeting the demand for prime office space in Dubai's financial district

Experts forecast robust growth for the UAE economy in 2024 amid global challenges

In 2023, the UAE's GDP reached AED1.68 trillion, growing by 3.6 percent

Dubai approves $6.8 billion FDI program to attract $176.96 billion in investments by 2033

New initiatives launched to make Dubai one of the world's top three urban economies by 2033.

Fitch affirms UAE’s rating at ‘AA-‘; outlook stable

The agency expects non-oil growth of 4.3 percent in 2024

Sharjah Islamic Bank’s sukuk offering oversubscribed 3 times, raising $1.5 billion

The oversubscription highlighted the bank's financial strength and prudent management

Dubai Chamber of Commerce launches Colombian Business Council

The chamber is working to increase the number of country-specific business councils to help promote Dubai's foreign trade

Dubai’s mortgage market at 14-month high: Top areas seeing highest activity

Data indicates a growing trend of buyers, often younger individuals, seeking properties in popular lifestyle and social hubs

11 reasons UAE is the ideal hub to start a business

Unmatched advantages and incentives for business owners make UAE the perfect launch pad