Dubai

Dubai secures 12th spot in global wealth and lifestyle report, solidifying position as premier luxury destination

The emirate emerged as the 6th most expensive city in EMEA, attracting wealthy residents with its flourishing economy

Etihad Airways operates first flight to Saudi Arabia’s Al Qassim

The new route to Al Qassim becomes Etihad's fourth destination in Saudi Arabia, with four non-stop flights per week

UAE Central Bank revises inflation forecast downwards to 2.3 percent in 2024

Dubai's headline consumer price index inflation averaged 3.4 percent annually in Q1 of 2024

Sheikh Hamdan approves latest phase of Dubai Future Solutions program

The initiative aims to nurture talent and create a global innovation hub

CBUAE’s gross written premiums up 18.5 percent YoY in Q1 2024 to $5.74 billion

Gross paid claims of all types of insurance plans increased by 18.3 percent YoY to AED8.4 billion in Q1 2024

Emirates’ green aviation initiative slashes fuel burn by 48,000 tons, cuts carbon emissions by 151,000 tons

The airline has equipped its pilots with the latest tools and applications to monitor and optimize their flight performance

UAE’s DP World completes $400 million investment to expand Peru’s port capacity

This expansion has increased the port's handling capacity from 1.5 million TEUs per year to 2.7 million TEUs

Bahrain attracts record FDI inflows of $6.8 billion in 2023, with UAE as third biggest contributor

Bahrain's FDI stocks relative to GDP stood at 99.7 percent as of the end of 2023

Dubai’s real estate: A magnet for global wealth

Near constant investments in infrastructure and connectivity have provided a robust foundation for economic growth and high living standards

Dubai Future Foundation, Meta launch incubator program powered by LLAMA 3

Business incubator program seeks to inspire development of impactful AI use cases that leverage Meta’s open-source AI stack

Sheikh Mohammed: Dubai is the airport of the world, the meeting place of humanity

H.H. emphasized that the emirate has evolved into a pivotal link between the continents and civilizations of the world

IPO boom underscores Dubai’s status as thriving hub for capital markets: DIFC Authority CEO

DIFC drives innovation and growth in the financial sector through its initiatives and regulatory framework

Fazaa Card benefits and how to apply in the UAE

The Fazaa Card UAE is a multifunctional smart card issued by the government of the UAE

Dubai’s du partners with Oracle Alloy to offer hyperscale cloud and sovereign AI services in the UAE

Through Oracle Alloy, du will offer over 100 OCI services, plus its own cloud services and apps

UAE’s real GDP to grow by 3.9 percent in 2024, 4.1 percent in 2025: Report

The broader MENA region is expected to grow 2.8 percent in 2024 and accelerate to 4.2 percent in 2025

AI Retreat 2024: Sheikh Hamdan plans to double AI’s positive impact to drive economic growth, improve quality of life in Dubai

H.H. said the retreat will serve as an annual platform to examine the transformative impact of AI across all sectors

UAE Cabinet approves $457.9 million housing aid package for Eid

The Cabinet also approved the launch of the "Manzili" bundle, which offers 18 housing services through 24 government entities

UAE reaffirms commitment to reduce carbon emissions in aviation sector

IATA expects aviation traffic in 2050 to generate 1.8 billion tons of carbon emissions

UAE exports to Morocco reach around $1.32 billion in 2023

Moroccan exports to the UAE amounted to about $202 million in the same year

Oil prices dip ahead of key Fed meeting, U.S. inflation data release

Brent crude futures fell 11 cents, or 0.13 percent, to $81.52 per barrel

Sheikh Hamdan appoints 22 Chief AI Officers across government entities in Dubai

The accelerated adoption of AI, alongside the development of its tools and applications, represents a cornerstone of the vision of Sheikh Mohammed

Rise of affordable housing to boost MENA’s real estate sector

Transforming the region with accessible and sustainable living solutions

Green finance is funding sustainable progress in MENA

Sale of green social, sustainable, and sustainability-linked bonds hit $24 billion in 2023