Dubai

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

Dubai Business Forum–China to promote investments, bilateral relations

Forum to support both China's 'Made in China 2025' roadmap and the Dubai Economic Agenda

Dubai Airports leverages AI to streamline inventory management, enhance airport operations

The MRP tool boosted forecast accuracy 30 percent, enabling precise inventory planning and cutting excess stock 12 percent

UAE’s Etihad Cargo deepens collaboration with China’s SF Airlines, adds Abu Dhabi-Shenzhen freighter service

The two companies also agreed to increase the frequency of flights between their major hubs - Abu Dhabi and Ezhou

UAE’s MoF issues Public-Private Partnership Manual, defines priority sectors for first phase

The manual aims to leverage private sector expertise to benefit the government

Unleashing the power of tourism: The engine of UAE’s thriving economy

International tourist arrivals expected to increase by 17.3 million between 2024 and 2029

CBUAE issues Sandbox Conditions Regulation to boost innovation in financial services sector

The regulation will also help consolidate the financial sector's competitiveness and support the UAE's economic growth

UAE among top 10 countries with highest installed solar energy per capita: Report

With a cumulative capacity of 708 watt/capita, the UAE ranked 10th globally and first MEA country on the list