Dubai

$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

New Salik toll gates in Dubai valued at $744.37 million

Salik has revised its full-year 2024 guidance, with annual revenue-generating trips expected to increase 7-8% in 2024

UAE’s DP World sets ambitious emission cuts goals, commits to net-zero by 2050 with SBTi approval

The global logistics company seeks to reduce its scope 1 GHG emissions by 42 percent by 2030

Saudi Arabia’s flynas expands UAE network with 8 new routes starting September 1

Expansion makes flynas the only Saudi airline serving the major four airports in the UAE with more than 20 daily flights

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

Dubai’s WGES 2024 to explore eight themes to advance green economy, boost climate efforts

Summit to address the gap in funding capabilities and responsibilities of developed versus developing countries

Nakheel awards $220.54 million contract for marine works at Palm Jebel Ali to Jan De Nul Dredging

Jan De Nul Dredging is expected complete the entire scope of marine works at Palm Jebel Ali in just over two years

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

Tourism surge, evolving preferences raise demand for short-term rentals in Dubai by 30 percent

Business Bay, Arjan, Jumeirah Village Circle, Downtown Dubai, Palm Jumeirah and DAMAC Hills are particularly popular for short-term stays

UAE’s non-oil foreign trade reaches record $379.81 billion in H1 2024


The country’s key exports like gold, jewelry, and metals have driven strong non-oil export growth, Al Zeyoudi says