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UAE suspends coordination of humanitarian aid with Israel
Dubai, UAE - The United Arab Emirates (UAE) has decided to halt its coordination of humanitarian aid with Israel following the death of seven World Central Kitchen humanitarian workers in Gaza, i24NEWS reported. According to reports, the Emirati foreign ministry has expressed its outrage to the Israeli ambassador Amir Hayek...
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India PM inaugurates grand temple in Abu Dhabi
According to the UAE authorities, the grand temple carved from pink stone spreads over an area of 55,000 square metres and is the largest traditional stone-built Hindu temple in the Middle East. Nearly 3.5 million Indian nationals, the largest expatriate community in the Gulf country, live in the UAE. -
Sharjah records real estate transactions worth US$980m in October 2023
SHARJAH, UAE – A total of 3,798 transactions were conducted here in October 2023 across various regions of the emirate, amounting to US$980 million (AED3.6 billion) in trade value and involving 8.2 million square feet, the Sharjah Real Estate Registration Department said in a report. This surge reflects a... -
Dubai approves $67bn budget to stimulate economic recovery
Dubai, UAE - Dubai government's general budget for the fiscal cycle of 2024-2026 includes total expenditures of $67.16 billion (AED 246.6 billion), reflecting the emirate's commitment to stimulate economic recovery and growth. A total of 34% of total government expenditures of the 2024 budget goes to the social development sector... -
Expo Center Sharjah to host 63% more events in last quarter
Sharjah, UAE - Expo Centre Sharjah said it will host 63 percent more events in the last quarter of 2023, compared to last quarter of 2022. The Center will host 18 economic, trade, and cultural exhibitions, while during the same period last year, it hosted 11 such events. The events,... -
Dubai International Chamber event explores trade ties China’s Wuxi
Dubai, UAE - Dubai International Chamber hosted a B2B event during the Wuxi – Dubai Economic & Trade Exchange Conference to explore business and investment opportunities between Dubai and Wuxi City. The event was organized in partnership with the Wuxi Municipal Government and Wuxi National High-Tech Industrial Development Zone. It... -
Dubai taxi sector posts 10% growth
The market share of Hala Taxi service vehicles grew 35% -
Dubai Chamber of Commerce reports 43% increase in member firms
Dubai, UAE - The Dubai Chamber of Commerce reported a 43 percent increase in new member companies, reaching a total of 30,146 in the first half of 2023, up from 21,098 in the first half of 2022. The total value of exports and re-exports from member companies also saw a... -
Abu Dhabi records 363% growth in FDI in the real estate sector during H1 2023
Abu Dhabi, UAE - The foreign direct investment (FDI) in the individual category within Abu Dhabi's real estate sector has soared to AED 834.6 million during the first half of 2023, achieving a record growth rate of 363% compared to the corresponding period last year, the emirate's Department of Municipalities... -
Abu Dhabi crown prince reviews progress of government projects in emirate
Abu Dhabi, UAE-- The Crown Prince of Abu Dhabi and chairman of the Abu Dhabi Executive Council Sheikh Khaled bin Mohamed bin Zayed Al Nahyan has reviewed progress of the projects undertaken by the government in the emirate. The crown prince in this connection chaired a meeting of the council... -
Dubai to expand EV charging points by 170 percent till 2025
DUBAI, UAE- Dubai Electricity and Water Authority (DEWA) aims to grow the city’s network of public charging stations by 170 percent in less than three years, local media reports said. This is in accordance with Dubai's plan to expand its electric vehicle (EV) charging infrastructure. By 2025, EV Green Charging... -
Sharjah real estate transactions in May valued at US$653m
SHARJAH, UAE - The emirate's real estate activity during May 2023 logged a total value of US$653 million (AED 2.4 billion), further enhancing Sharjah's position as an ideal destination for investors, businessmen and families. The Real Estate and Mortgage Report issued by Sharjah Real Estate Registration Department (SRERD) revealed that... -
More than 900,000 passengers to use Abu Dhabi International Airport on Eid
Abu Dhabi, UAE-- Some 900,000 passengers are expected to pass through Abu Dhabi International Airport on more than 5,000 flights to and from 109 destinations spread over 59 countries. The projected numbers were released by Abu Dhabi Airports in anticipation of an increase in traffic at Abu Dhabi International Airport... -
Dubai set to welcome 18m tourists in 2023
Dubai, UAE - After welcoming 14.36 million visitors in 2022, a 97 percent Year-over-Year (Y0Y) growth when compared to 7.28 million tourist arrivals in 2021, the emirate looks forward to receiving 18 million tourists this year. The city alone welcomed six million tourists in the first four months of this... -
Sharjah and Uzbekistan explore investments in tourism, education sectors
Sharjah, UAE-- Sharjah and Uzbekistan are looking to ramp up cooperation in trade and pour investments in sectors such as education, research and tourism. In this regard, the Department of Government Relations (DGR) in Sharjah hosted a high-level meeting with leading diplomats from the Republic of Uzbekistan recently to explore... -
Sharjah witnesses 22% population growth to 1.8mn, reveals census
Sharjah, UAE-- The emirate of Sharjah has seen a 22 percent growth in population to 1.8 million inhabitants, as against 1.4 million in 2015, according to the results of Sharjah Census 2022. The findings of the census were unveiled by Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, deputy ruler... -
Leading games developer MY.GAMES makes Abu Dhabi its MENA base
Abu Dhabi, UAE - AD Gaming has expanded its gaming ecosystem by welcoming MY.GAMES to Abu Dhabi, marking the latest multinational gaming business to select the emirate as its regional hub. Headquartered in Amsterdam, MY.GAMES is a leading publisher and developer of mobile, PC, and console games, with over one... -
Mohamed bin Zayed issues law to establish Abu Dhabi Transport Company
ABU DHABI, UAE - In his capacity as the Ruler of Abu Dhabi, President Sheikh Mohamed bin Zayed Al Nahyan has issued a law establishing the Abu Dhabi Transport Company. An affiliate of the Supreme Council for Financial and Economic Affairs, the company will support the emirate’s integrated transport ecosystem... -
Dubai is the new destination wedding choice for couples
DUBAI, UAE- Dubai is fast emerging as the city of choice for destination weddings, with a growing number of event planners across the world recommending the city to couples as the perfect venue for their marriage. This is in line with the efforts aimed at boosting the emirate's stature as... -
Sharjah Taxi gets makeover
It will run under the motto,“we move people with ease”. -
Fujairah Chamber board approves 2023 operational plan and budget
Fujairah, UAE-- The Board of Directors of the Fujairah Chamber of Commerce and Industry stressed the importance of encouraging private sector companies and institutions in the emirate to improve their products, given the major role they play in driving sustainable and economic development. The board made this statement during its... -
Sharjah approves $9bn general budget for 2023
The general budget for this year aims to achieve financial sustainability and enhance the economic competitiveness of the emirate. -
Dubai plans to set up country-specific councils to boost non-oil foreign trade
Dubai, UAE---Dubai Chambers unveils plans to establish new country-specific business councils operating in the emirate and expand their roles to support efforts aimed at boosting Dubai’s non-oil foreign trade and create new channels of economic cooperation with promising markets around the world. The announcement was made by Abdul Aziz Al... -
Abu Dhabi’s GDP expands 11.2% in the first half of 2022: SCAD
The quarterly GDP growth rate reached its highest value in six years during the second quarter of 2022. -
Dubai marine service to enhance maritime sector efficiency
The service aims to establish a unified civilian entity affiliated with the DMCA, Dubai Municipality and Dubai International Marine Club. -
Sharjah steps up emergency response to extreme weather conditions
More than 3,400 rescue and evacuation operations were conducted in the eastern regions of the emirate by the Sharjah Police General Headquarters. -
Sharjah records real estate transactions worth $517 million in June
A total of 747 real estate sales in 106 areas valued at $517 million were recorded in Sharjah in the month of June 2022, according to a report by Sharjah Real Estate Registration Department (SRERD). The total number of real estate transactions was 2,521, including 358 mortgage transactions worth AED... -
RAK non-oil foreign trade sees 14% hike in 2021
Exports accounted for the largest portion of the emirate's total non-oil foreign trade, reaching 57 percent, at AED 9.539 billion. -
Sharjah Executive Council discusses realty sector draft laws
The meeting also included a discussion of a draft Executive Council decision regarding the executive regulations for the law of renting real estate. -
Dubai sees increased trade through commercial wooden dhows in Q1
Dhows coming from outside the country have been given direct access to local markets, including through Deira Wharfage and Al Hamriyah Port. -
Hamdan bin Mohammed okays Dh370m ‘Venture Capital Fund for Startups’
With a capital of approximately AED370 million, the Fund aims to drive Dubai’s economic growth and fortify its position as a global hub for financial technology. -
Abu Dhabi grants Binance approval to operate in emirate
Abu Dhabi has allowed Binance, the world’s leading blockchain and cryptocurrency infrastructure provider, to operate as a broker-dealer in virtual assets in the emirate. Abu Dhabi Global Market (ADGM) introduced the world’s first comprehensive and robust virtual asset regulatory framework in 2018. -
DIMC, P&O Marinas ink deal to promote marine sports in Dubai
The deal they signed is expected to support the development in various activities and events in the field of marine sports in the emirate. -
Work begins on $6.2bn Borouge 4 project in Abu Dhabi
The facility is being built at the Borouge’s polyolefin manufacturing complex in Ruwais in Abu Dhabi. -
Dubai Supreme Council of Energy approves 2030 carbon strategy
The approval came at a meeting chaired by the council’s chairman Sheikh Ahmed bin Saeed Al Maktoum. -
Ras Al Khaimah to allow ‘gaming’ at upcoming resort in Marjan
The emirate of Ras al-Khaimah on Tuesday announced a multibillion-dollar deal with casino giant Wynn Resorts and said it will allow “gaming”, without elaborating what “gaming” referred to. A media report said the announcement comes after months of rumors about gambling coming to the UAE, where Islam, which prohibits gambling,... -
Decrees regulating Dubai Chambers and their Boards issued by Sheikh Mohammed
Dubai Chambers has been established as a new entity, replacing the Dubai Chamber of Commerce & Industry, and Juma Al Majid has been appointed as its Honorary Chairman, according to a series of decrees issued by Dubai Ruler Sheikh Mohammed bin Rashid Al Maktoum. The legislations are aimed at creating... -
Dubai, Malaysia discuss cooperation in tourism sector
The Emirate and the visiting Malaysian minister discussed the initiatives that would enhance the industry. -
Ajman’s $656m budget for 2022 focused on infrastructure, community facilities
Ajman's budget of AED2.41 billion ($656m) for 2022 has been approved by the emirate's ruler Sheikh Humaid bin Rashid Al Nuaimi, with infrastructure, community facilities and the environment accounting for 39 percent of the total allocation. Economic affairs (34 percent), public services (19 percent) and public order and safety (eight... -
On 40th anniversary, Abu Dhabi Airport vows improved services
Abu Dhabi Airports marked the 40th anniversary of the inauguration of Abu Dhabi International Airport (AUH) on Sunday, local media reports said. "Abu Dhabi International Airport has connected the world to Abu Dhabi for 40 years and fueled the emirate’s emergence as a leading destination for tourism, trade and commerce,”... -
Strategies to enhance Dubai’s security ecosystem reviewed
Digital Dubai is developing the latest strategies and initiatives to enhance the efficiency of the emirate’s integrated security ecosystem. -
Kuwait expels Lebanon envoy, recalls own ambassador
Kuwait has recalled its ambassador from Beirut and has given the Lebanese envoy 48 hours to leave the emirate, the foreign ministry said Saturday, quoted by state news agency KUNA. -
Ras Al Khaimah set for healthy post-pandemic growth: S&P Global
The emirate is expected to see a growth of around 2.5 percent between 2021 and 2024. -
Dubai saw $1.33bn real-estate transactions over the week
The Business Bay came on top in terms of volume and value, recording 155 transactions worth AED170 million ($46.29 million). -
Dubai Police carries out region’s largest drug bust
The Dubai Police have arrested a man they say had smuggled 500 kg of pure cocaine, which has a street value of AED500 million ($136 million), into the country. They said they surveilled him for some time and then caught him red-handed. -
$1bn Guggenheim Abu Dhabi to open in 2025
Guggenheim Abu Dhabi being built at a cost of one billion dollars is set for the inauguration in 2025, according to the UAE capital’s culture and tourism department. -
DIC board discusses plans to boost foreign trade
Member companies of Dubai International Chamber will work towards achieving the target of boosting Dubai’s foreign trade to $544bln within the next five years. -
Dubai expected to record 3.1% economic growth in 2021
Dubai’s economy would grow by a further 3.4 percent in 2022, ‘spurred by the hosting of Expo 2020’. -
Now website owners may apply for ‘.abudhabi’ domain names
Abu Dhabi’s Department of Government Support has announced ‘.abudhabi’ as the official internet TLD name for the emirate. -
Emirates to fly from India again as Dubai lifts ban over virus
Dubai said that only passengers from India 'who have received two doses of a UAE-approved vaccine' would be allowed to travel to the emirate Some 300 flights a week were operating between the UAE and India before the ban was announced in April Dubai said that only passengers from India... -
Sharjah concludes campaign to update landowners’ data
Landowners yet to update their property data can approach Real Estate Registration Department