Dubai

Sheikh Mohammed bin Rashid issues Decree on the Board of Dubai Health

This board will be chaired by Sheikh Ahmed bin Saeed Al Maktoum

Sheikh Mohamed strengthens UAE-U.S. relations through key dialogues with U.S. senators on shared interests, global challenges

Key focus areas included the economy, trade, climate action, AI, renewable energy, and sustainability

Dubai Courts, Dubai Chambers sign MoU to strengthen emirate’s role as global commercial dispute resolution hub

This agreement aims to create initiatives that resolve commercial disputes through mediation and conciliation 

Property developer Arada concludes $150 million tap of existing $400 million sukuk issuance

Arada's latest tap falls under the ongoing $1 billion Sukuk program

Investec expands presence in Middle East with new office at Dubai International Financial Centre

The DIFC office will connect HNWIs, family offices, and financial institutions in the GCC, providing advisory services in private banking and wealth management.

Mashreq closes AED-denominated $136.13 million syndicated loan for TDB

Facility launched in July and was successfully subscribed by seven leading institutions from the Gulf region

Sheikh Mohammed issues decree on appointment of Dubai government employees to judicial authorities

The Decree aims to attract national talent to Dubai's judiciary while ensuring employees retain benefits during training

Sheikh Mohammed approves $2.72 billion expansion plan for Dubai Exhibition Centre at Expo City Dubai

This landmark venue will be the region's largest indoor exhibition site and set new global standards for excellence

Dubai, Abu Dhabi, Riyadh centi-millionaire communities to grow over 150 percent by 2040: Report

Centi-millionaire communities have grown globally by 54 percent over the last decade

UAE, Eurasian Economic Commission to enhance economic ties as non-oil trade hits $13.7 billion in H1 2024

Dr. Thani bin Ahmed Al Zeyoudi met Andrey Slepnev in Moscow lately to discuss expanding UAE-Eurasian trade and investment 

Arcapita and Dgpays consortium acquires majority stake in NEOPAY from Dubai’s Mashreq

The transaction values NEOPAY at approximately $385 million, pending regulatory approvals

UAE celebrates 94th Saudi National Day, reinforcing fraternal ties as non-oil trade soars to $280.96 billion from 2014 to 2023

The fraternal ties between the UAE and Saudi Arabia exemplify a unique model of collaboration

New Georgian Business Council established by Dubai Chamber of Commerce to boost trade, investment

This initiative enhances collaboration between Dubai and Georgia's private sectors 

Dubai’s Emirates launches luxurious new lounge at London Stansted Airport 

This new lounge is Emirates' sixth in the U.K., alongside those at Heathrow, Gatwick, Birmingham, Glasgow, and Manchester 

Dubai launches new initiative to attract investments, boost global medical tourism market

New MoU between DHA and DET aims to position Dubai as a leading global medical tourism destination

Sheikh Hamdan issues decision appointing CEO of Strategy and Corporate Governance at RTA

This decision takes effect immediately and will be published in the Official Gazette

$2.16 billion invested in seven new UAE renewable energy projects from H2 2023 to H1 2024

13 solar projects will add by end of 2024 10.6 GW to UAE’s grid

Countdown begins: Dubai Shopping Festival 2024 promises unprecedented excitement for 30th anniversary

The event is set to be the most extraordinary yet, Dubai will come alive with vibrant activities and non-stop fun 

Non-hydrocarbon sectors poised to drive strong GCC economic growth this year: Report

Deal-making in the region remained active, with 214 transactions recorded in H1 2024

GCC economic growth to more than double to 4.4 percent in 2025, says ICAEW report

Global GDP growth to reach 2.7 percent both this year and the next

UAE’s Ministry of Energy and Infrastructure partners with Siemens Energy to promote green energy

This partnership will focus on addressing upcoming challenges related to grid infrastructure