Dubai

Fintech’s future is in the palm of users’ hands — literally

How Astra Tech’s Palm Pay is revolutionizing contactless payment

UAE’s real estate market to reach $707.86 billion by end of 2024: Report

The extended growth is due to HNWIs' interest in luxury property investment in Dubai

UAE’s non-oil private sector resilient in May, PMI holds steady at 55.4: Report

Firms in the UAE experienced a record increase in outstanding business levels in May, the report highlighted

Emirates Islamic’s sustainability sukuk issuance raises $750 million on Nasdaq Dubai

The listing's order book exceeded $2.10 billion, which reflects an oversubscription rate of 2.8 times

Arab economies projected to grow by 3.3 percent in 2024 as inflation declines: Report

The inflation rate in its 22 member states is expected to decline to 3.3 percent this year, compared to 9.3 percent in 2023

Dubai invests over $844 million in Senegal over 13 years: CEO of Dubai Chambers

These investments have created more than 1,200 jobs in the Senegalese market

COP28 President calls for deeper collaboration between AI and energy sectors to drive climate action

COP28 Presidency and the UAE will work closely with Azerbaijan's COP Presidency to ensure COP29 builds on the outcomes of Dubai, the minister said

Dubai’s DFSA enhances crypto token framework to foster innovation, development

Amendments address financial crimes through strict compliance guidelines

AI to add $15 trillion to the global economy, says Dubai’s flagship free zone DMCC

Generative AI and the surge in e-commerce and digital services trade will drive global trade resilience

UAE’s GDP reaches $457.38 billion in 2023, 3.6 percent growth from previous year: Minister

The non-oil GDP stood at $340.3 billion, up 6.2 percent compared to 2022

How to open a bank account in the UAE

The UAE offers a diverse range of personal bank account options for both residents and non-residents

Dubai’s IPO boom positions city as thriving hub for capital markets: Report

Privatization of state-related entities to support the initial phase of regional IPO growth

L’Oréal Middle East, AstroLabs launch TechQuest challenge, fueling beauty tech advancements in the region

Out of 535 homegrown startups identified, 14 were shortlisted to innovate next-gen beauty tech for L'Oréal Middle East

UAE tourism sector contributed $59.89 billion to GDP in 2023, generated 809,000 job opportunities

Projections suggest that the number of job opportunities will increase to 833,000 in 2024

UAE Islamic banks surpass $195.39 billion in assets, up 13.61 percent year-on-year

The assets of Islamic banks operating in the UAE increased by about $23.41 billion over the past 12 month

UAE’s DEWA and Parkin join forces to expand Dubai’s EV charging network

By April 2024, there will be over 30,000 electric vehicles in Dubai, says Al Tayer

Emirates NBD upgrades UAE’s non-oil growth forecast to 5 percent in 2024

In 2023, the UAE's economy grew by 3.6 percent, in line with the bank's forecasts

Dubai’s RTA accelerates technological advancements with AI, metaverse and robotics in new digital strategy

The Authority launched 24 innovative initiatives integral to Digital Strategy 2023-2030

UAE and France partner to boost global AI ecosystem

The partnership will cover various areas, including data centre and supercomputing infrastructure buildout

High-net-worth individuals poised to invest $4.4 billion in Dubai’s residential real estate: Report

According to Knight Frank, Dubai's prosperity has been fuelled by its transformation into a global commerce hub over the last 50 years

Sheikh Mohammed bin Rashid visits Zayed International Airport in Abu Dhabi

The airport spans 742,000 square meters and can handle up to 45 million passengers per year

UAE leads MENA region, ranks among top 20 on WEF travel and tourism index

According to the report, the UAE has raised its score by 4.4 percent in the 2024 index

Dubai World Trade Centre’s economic output soars 40 percent to $4.97 billion in 2023

DWTC hosted 76 events with 1.54 million attendees, 46 percent international