China has extended visa-free entry for up to 30 days to citizens of Saudi Arabia, Oman, Kuwait, and Bahrain—boosting bilateral tourism and commerce from June 9, 2025, through June 8, 2026.

Its green bond program hits $2.75 billion.

US President Donald Trump on Friday capped off a Gulf tour in Abu Dhabi that has seen the securing of multi-billion-dollar deals, a $1.4 trillion investment pledge from the UAE, as well as historic overtures to Syria and renewed optimism over an Iran nuclear deal.

US President Donald Trump said Thursday a deal was close on Iran's nuclear programme that would avert military action, sending oil prices tumbling, as he boasted of raising "trillions of dollars" on a Gulf tour.

Nairobi, Kenya -- A $500-million fund aimed at improving maternal and neonatal health in sub-Saharan Africa was launched Tuesday in Abu Dhabi at a time when Western countries are sharply cutting aid to Africa. The Beginnings Fund brings together philanthropists including the Gates Foundation and the Mohamed bin Zayed Foundation...

Abu Dhabi, United Arab Emirates -- A rare blue diamond valued at $20 million went on pre-auction display on Tuesday in Abu Dhabi. The 10-carat Mediterranean Blue, which will go on sale in Geneva next month, is the showpiece of a collection estimated at $100 million, organizers said. "Included in...

Abu Dhabi, UAE --  Abu Dhabi Customs reported a 9 percent increase in the emirate’s non-oil foreign trade in 2024, reaching AED 306 billion ($83.29 billion), compared to AED 281.9 billion in 2023, reflecting the vitality of the emirate’s economy and its growing relations with trading partners around the globe....

Partnerships with institutions like the Victoria & Albert Museum, Venice Biennale, and Hollywood productions elevate the GCC’s cultural landscape.

Abu Dhabi, UAE -- Real estate transactions in Abu Dhabi reached AED17.24 billion ($4.69 billion) in the first two months of 2025, with over 5,000 transactions, reflecting the sector's strong activity. According to the "DARI" platform of the Department of Municipalities and Transport in Abu Dhabi, real estate sales transactions...

First Abu Dhabi Bank (FAB) has achieved solid results in 2024 with Group net profit reaching AED 17.1 billion, up 4 percent year on year, driven by a 15 percent increase in revenue to AED 31.6 billion, FAB said in a statement. Profit before tax grew 13 percent year on...

The Group's revenue increased 48 percent year-on-year.

Abu Dhabi, UAE -- Abu Dhabi’s real estate market recorded AED10.6 billion in transactions in January, totaling 2,514 property deals.According to DARI real estate platform of the Department of Municipalities and Transport in Abu Dhabi, sales transactions totaled AED6.5 billion across 1,730 deals.Meanwhile, mortgage transactions from the beginning of the...

Abu Dhabi, UAE - The UAE’s technology industry is set to achieve record growth in 2025, driven by significant expansion in digital innovation and the adoption of cutting-edge technologies. This growth further solidifies the UAE’s stature as a global hub for innovation and an international beacon for tech companies.The UAE...

Abu Dhabi, UAE -- Startups within Hub71, Abu Dhabi's global tech ecosystem, have secured over AED 7 billion in funding, achieving revenues exceeding AED4 billion, according to Ahmad Ali Alwan, CEO of Hub71.Speaking to the Emirates News Agency (WAM) on the sidelines of Abu Dhabi Business Week, which concluded today...

Royal Catering has more than 2.500 employees.

UAE President Sheikh Mohamed meets his Russian counterpart Vladimir Putin to discuss bilateral ties and Middle East. Sheikh Mohamed will also attend BRICS Summit in the Russian city of Kazan.

Oil prices shoot up as Biden suggests that Israel might target Iranian oil facilities, while GCC Arab states, including Qatar, Saudi Arabia, and the UAE, reassure Iran of neutrality in the conflict between Tehran and Israel.

Abu Dhabi, UAE -- Abu Dhabi's GDP increased by 4.1 percent during the second quarter of 2024, compared to the same period in 2023, according to the preliminary estimates revealed by the Statistics Centre – Abu Dhabi (SCAD).SCAD data said Abu Dhabi's GDP continued to record growth in total value,...

Abu Dhabi, UAE -- Net investments by foreigners and institutions in UAE equities amounted to AED 18.3 billion ($4.9 billion) as a result of purchases during the first nine months of this year, distributed by AED 15.6 billion in the Abu Dhabi market and AED 2.64 billion in the Dubai...

Abu Dhabi, UAE -UAE's airports experienced a 14.2 percent increase in passenger traffic, in the first half of 2024, handling over 71.7 million travelers compared to 62.8 million in the same period last year, latest data issued by the Central Bank of the UAE (CBUAE) showed.“Passenger traffic at the Abu...

The strategy focuses on risk-based compliance, international cooperation, effective supervision, and disrupting illicit financial activities through improved data collection, analysis, and regulation updates.

ADQ will acquire newly issued shares of Sotheby’s to support its growth.

Abu Dhabi, UAE -- Representing the aerospace, aviation, space, and defense sectors, the premier thought leadership forum will aim to accelerate investments to drive greater sustainability, youth engagement and innovation for the industry.The Summit is a CEO-led, critical meeting of the world's aerospace supply chain that brings together sector and...

France and the United Arab Emirates on Tuesday signed a "strategic partnership" on artificial intelligence (AI) aimed at boosting cooperation between them, French Finance Minister Bruno Le Maire told AFP.

Abu Dhabi, UAE -- Miral Destinations, a subsidiary of Miral and promotional partner for Yas Island and Saadiyat Island Abu Dhabi, is set to showcase its latest offerings and attractions and unveil Saadiyat Island’s forthcoming ‘Elevate Your Senses’ campaign at the Arabian Travel Market (ATM) 2024.Scheduled to take place from...

Abu Dhabi, United Arab Emirates - Palestinian writer Basim Khandaqji, jailed 20 years ago in Israel, won a prestigious prize for Arabic fiction on Sunday for his novel "A Mask, the Colour of the Sky".The award of the 2024 International Prize for Arabic Fiction was announced at a ceremony in Abu...

The deal is aimed at expanding public and social infrastructure.

GCC region is a hidden gem, offering a distinct blend of Arabic culture and history, Fahim Jalalli, CEO of Kanoo Travel, tells TRENDS in an exclusive interview.

Tourism industry accounts for 9 percent of GCC region's GDP and it is expected to grow annually at 7.7 percent. Trends looks at some of the influential industry players driving this growth.

“2024 has opened up to an interesting and promising phase of growth within our sector. As proptech leaders, we can see a more diversified demand and we are positive of the impact this will have in the months to come. We look forward to supporting the market by empowering property...

ABU DHABI, UAE- The  UAE stock markets attracted liquidity of nearly AED6.5 billion during the week's trading, with the focus mainly on stocks in the real estate, financial and banking sectors.The weekly liquidity was distributed as follows: AED4.57 billion in the Abu Dhabi market and about AED1.9 billion in the...

ABU DHABI, UAE – The Abu Dhabi Department of Economic Development (ADDED) organized, in collaboration with Abu Dhabi Investment Office (ADIO), the second edition of Al Multaqa quarterly meetings, presenting business community with recent updates on the Emirate’s economy and achievements in 2023 and highlighting future opportunities.Launched in Q4-2023, Al...

Emirate's new tourism strategy aims to increase the sector’s contribution to GDP from $13.34 billion in 2023 to $24 billion by 2030.

This helps EasyLease expand its presence in mobility sector.

Abu Dhabi, UAE -- The value of real estate transactions in Abu Dhabi reached AED 15.9 billion ($4.32 billion) during the first quarter of 2024 (Q1 2024), recording 5,127 sales and mortgage transactions on various types of real estate units.According to data from the DARI platform of the Department of...

The two will work to develop AI-based banking capabilities.

Arcera will aim to improve the quality of "human life."

ABU DHABI, UAE - The UAE insurance sector continued to grow in Q4 2023, as reflected by the increase in the gross written premiums.As of year-end, the number of licencsd insurance companies in the UAE remained at 60, the CBUAE announced in its quarterly economic report Q4, 2023.The insurance sector...

The non-oil economy contributed more than 53 percent to the total GDP, with significant growth in construction, finance and insurance, transportation and storage activities. Statistics Centre - Abu Dhabi (SCAD) said the results demonstrate the economy's ability to expand thanks to diversification efforts.

Abu Dhabi, UAE – Rotana, one of the leading hotel management companies in the region with over 100 properties in the Middle East, Africa, Eastern Europe, and Türkiye (MENAT), announces on Sunday the soft opening of Dar Rayhaan by Rotana, Al Khobar, in Saudi Arabia.The opening is in line with...

ABU DHABI, UAE - Sheikh Hamdan bin Zayed Al Nahyan, Ruler's Representative in Al Dhafra Region, said that under the leadership of President Sheikh Mohamed bin Zayed Al Nahyan the Emirates is at the forefront of leveraging cutting-edge technologies like AI to drive sustainable growth and progress, particularly in the...

The company's revenue grew by 40 percent year-on-year.

ABU DHABI, UAE – The Abu Dhabi Chamber of Commerce and Industry (ADCCI) has formed a working group specifically for startups and small and medium-sized enterprises (SMEs) here.  This initiative aims to support and represent the interests of these businesses in the region.The goal is to make Abu Dhabi the...

ABU DHABI, UAE – Abu Dhabi National Energy Company (TAQA), together with JERA Co., Inc on Thursday announced that they have entered into a power and steam purchase agreement with Saudi Aramco Total Refining and Petrochemical Company (SATORP), a joint venture company owned by Saudi Arabian Oil Company (Saudi Aramco)...

Abu Dhabi, UAE--The Abu Dhabi Chamber of Commerce and Industry has signed an agreement with the UAE International Investors Council to collaborate in investment and futuristic economic sectors.According to the agreement, the Abu Dhabi Chamber and the Council will exert their best efforts to eliminate any obstacles that may hinder...

Abu Dhabi, UAE -- SeaWorld Yas Island, Abu Dhabi, has been recognized as the largest indoor marine life theme park globally. Covering a sprawling expanse of over 183,000 square meters and spanning five indoor levels, this facility stands as the inaugural marine life theme park in the region. Featuring eight...

Dubai, UAE--Lapita, Dubai Parks and Resorts, has reported a surge in demand, bookings from across leisure and corporate segment last year,With its convenient location between Dubai and Abu Dhabi, expansive outdoor spaces, word-class facilities that include seven meeting rooms, and the Tamure Ballroom able to accommodate up to 700 guests,...

Dubai, UAE - As China's outbound tourism steadily rebounds from the pandemic's impact, the Middle East is emerging as a preferred destination for Chinese travelers, alongside traditional hotspots like Thailand and Malaysia.Data from online travel agencies including Ctrip, Tongcheng, Tuniu, Mafengwo, and Zuzuche indicates a significant rise in Chinese tourists...

ABU DHABI, UAE – SeaWorld Yas Island - the region’s first Marine Life Theme Park here -, has won a coveted place in the Guinness World Records as the “Largest Indoor Marine-Life Theme Park” in the world.The certificate was presented to Mohamed Abdalla Al Zaabi, Group CEO of Miral, and...

The company had posted its highest-ever net profit of $109.1m for 2023.