The UAE accounts for over 40% of Pakistan's trade with Arab countries, with non-oil exports from the UAE to Pakistan valued at nearly AED 4.8 billion ($1.3 billion) in 2022.

Dubai, UAE -- Dubai real estate market recorded real estate deals valued at more than AED2.3 billion ($626 million) on Tuesday, Dubai Land Department said.The deals included a total of 434 sales transactions worth AED1.83 billion, in addition to 86 mortgage deals of AED426.46 million, and 139 gift deals amounting...

Dubai, UAE - Saudi Arabia and Iran are taking more steps to consolidate their ties following the rapprochement between them brokered by China. The Iranian government on Sunday proposed to Saudi Arabia three locations for a foreign minister’s  level meeting. Addressing a news conference in Tehran,  Iranian Foreign Minister Hossein Amirabdollahian...

The mutual investments between the two countries are witnessing continuous growth in various economic and commercial sectors, most notably real estate, logistical transportation, storage, financial services, insurance activities, manufacturing and information technology.

Abu Dhabi, which normalized relations with Assad's government in 2018, has led aid efforts in the aftermath of the February 6 earthquake that struck southeastern Turkey and northern Syria, killing tens of thousands. A diplomatic momentum generated by aid efforts in the quake's aftermath could bolster Damascus's relations with Middle...

Dubai boasts a thriving community of startup incubators and accelerators, as well as regulatory sandbox schemes for the development and testing of new tech business models.

It will dole out cash dividends to the tune of US$601m.

Dubai, UAE -- A total of 3,903 real estate transactions worth AED 10 billion ($2.72 billion) were conducted during the week ending 17th Mar 2023, according to figures released by the Dubai Land Department (DLD).The DLD report revealed that 208 plots were sold for AED 1.12 billion, while 2,906 apartment...

Abu Dhabi, UAE  – The United Arab Emirates will invest $30 billion in South Korea over the next few years, Dr. Thani Al Zeyoudi, Minister of State for Foreign Trade said during the meeting with Minister of Trade of Korea, Dukgeun Ahn in Dubai on Wednesday. The meeting explored joint investment...

All industries and businesses should focus on net zero emissions, nature positivity, net zero business and eventually a net zero world, Salesforce chief Marc Benioff tells TRENDS.

DUBAI, UAE - The UAE Regulations Lab has issued a license for an electric cargo aircraft to promote eco-friendly transportation and enhance the sustainability of the air cargo industry in the country. The license is aimed at reducing carbon emissions by encouraging the adoption of clean energy and leveraging technology...

There is chaos in the crypto market and the dust rises with an episode of failure, but failures must not be generalized, says Don Tapscott of Blockchain Research Institute.

Significant technology development is going on in the climate space in the UAE, distinguished Professor Laura D'Andrea Tyson tells TRENDS in an interview.

Dubai, UAE--The Indonesian Investment Forum kicked off in Dubai to lure businesses and investments.The two-day event aimed to explore opportunities to attract foreign direct investment and expand markets for export-oriented products.It was hosted by Bank Indonesia in partnership with KJRI Dubai, the Indonesian Embassy in Abu Dhabi, the Indonesia Investment Promotion...

Dubai, UAE -- Dubai recorded a total of 3,332 real estate transactions worth AED 12.9 billion ($3.51 billion) during the week ending 10 March 2023, according to figures released by the Dubai Land Department (DLD).The DLD report revealed that 274 plots were sold for AED 3.17 billion, while 2,370 apartment...

Dubai, UAE -- Dubai real estate market recorded deals worth AED1.8 billion ($490 million) on Thursday, Dubai Land Department said. The deals included 502 sales transactions worth AED1.2 billion, in addition to 98 mortgage deals of AED388.51 million, and 66 gift deals amounting to AED212.62 million.The sales included 461 villas...

Dubai, UAE -- Al Ansari Financial Services, a remittance and foreign exchange services provider in the UAE, will be offering 7.5 million shares (each valued AED0.01) in its IPO, which will be Dubai's first in 2023.The company said in a statement that the offering represents 10 percent of its total...

Dubai, UAE-- Making payments digitally for every purchase may have become a universal thing, but it is not always the safest method, according to a new survey by Kaspersky.The survey revealed that some 18% of respondents from the Middle East experienced financial losses associated with threats when using online banking...

US Defense Secretary Austin also visits Baghdad to assure US support for Iraqi security, stability, and sovereignty ahead of the 20th anniversary of the US-led invasion.

DUBAI, UAE - The Dubai Land Department (DLD) has launched the Instant Sale feature, which utilizes smart evaluation technology in real estate transactions without the need for audits.This move is in line with DLD's efforts to enhance the use of innovative solutions and achieve the goal of the Dubai Economic...

The city has won a huge following among the people who see it not just as a city for business, but as one where families can co-exist with big money.

DUBAI, UAE - UAE Ministry of Health and Prevention (MoHAP) hosted a regional expert meeting on healthy diet policies in Dubai.The event was hosted by the World Health Organization (WHO) Regional Office for the Eastern Mediterranean.The meeting aimed to discuss recent developments in healthy diet policies, with a special emphasis...

DUBAI, UAE - Dubai Electricity and Water Authority's (DEWA) Research and Development Center has obtained its eighth patent for a cutting-edge device that leverages advanced sensors to locate and survey geographical areas.The device employs real-time kinematic (RTK) processing techniques to process data collected on-site and works with a smart device...

ABU DHABI, UAE - UAE Minister of Energy and Infrastructure (MoEI)  Suhail bin Mohammed Al Mazrouei Thursday had a meeting with Bahrain's Minister of Works Ibrahim bin Hassan Al Hawaj at the MoEI headquarters in Dubai.They discussed ways to boost UAE-Bahrain synergies in the infrastructure and transport sectors.Al Mazrouei said,...

Dubai, UAE-- Dubai real estate market recorded deals worth AED3.1 billion ($843 million) on Wednesday, according to Dubai Land Department.The deals included 598 sales transactions worth AED1.55 billion, in addition to 68 mortgage deals of AED1.48 billion on Thursday.The sales included 547 villas and apartments worth AED1.13 billion, and 51...

Dubai, UAE -Edmond de Rothschild Group has announced the opening of an advisory office, Edmond de Rothschild (Middle East), at the Dubai International Financial Centre, as it looks to cater to wealthy clients in the fast-growing region.The Group has obtained an advisory license from the Dubai Financial Services Authority, which...

The hotel, with its ultra-prime location, is one of the most sought-after real estate assets in Paris, France.

There might be a global slowdown in the property market, but thanks to Russian buyers, the UAE, in contrast, has seen a stunning growth in the sector.

Dubai, UAE--Dubai has recorded a 35 percent increase in the number of people using public transport like metro, tram, buses, marine transport and taxis in 2022, the emirate’s Roads and Transport Authority said Sunday.In 2021, the public transport ridership was 461 million, which rose to 621.4 million in 2022. About...

A set of protective features employs the most innovative computing in the spatial awareness field to provide drivers with the opportunity to safeguard their experience

DUBAI,  UAE -  Dubai Chamber of Commerce organized a Corporate Tax Workshop to help participants navigate the new regime, with expert advice from senior members of corporate tax and legal teams at PwC Middle East.After issuing the UAE issued Federal Decree-Law No. 47 of 2022 on Taxation of Corporations and...

MTS Bank, approved for its licence last year, was one of more than 200 entities and individuals targeted by the fresh sanctions on the first anniversary of Russia's invasion of Ukraine. The Central Bank of UAE said MTS earned its license because it "fulfilled the criteria for licensing branches of...

Dubai, UAE - Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers, has launched six business groups within the F&B industry for HORECA traders, meat and poultry, bakeries, organic food, groceries as well as hypermarkets and supermarkets sectors.“We are on track to reach our goal of...

Dubai, renowned for its towering skyscrapers and ultra-luxury villas, saw record real estate transactions in 2022, largely due to the influx of wealthy investors - especially from Russia. That helped to rake in more than $140 billion last year, marking a 76 percent annual rise in property market transactions for...

EGA has a strategic initiative with TAQA, Dubal Holding, and EWEC to divest its natural gas-fired power plants and instead source its electricity needs through the grid from EWEC.

The SeaRates platform will enable Caspian Containers Company customers to monitor the status and movement details of a container at any point during its journey.

The UAE has maintained a neutral stance towards Russia's war in Ukraine, which is nearing its one-year anniversary. The Gulf nation has emerged as a top destination for rich Russian emigres fleeing the impact of Western sanctions.

Dubai, UAE -- Dubai real estate market recorded real estate transactions worth AED1.9 billion ($517 million) on Monday, Dubai Land Department said.These included 561 sales transactions worth AED1.7 billion, in addition to 100 mortgage deals of AED94.43 million, and 61 gift deals amounting to AED65.91 million.The sales included 527 villas...

The Government also prepaid an additional US$300 million of Sukuk through an early redemption, almost four years ahead of its maturity in November 2026.

DUBAI, UAE -  PwC Middle East and Microsoft have strengthened their global partnership at LEAP event in Riyadh, to support government and private entities in their digital transformation and cloud migration journey in Saudi Arabia.The collaboration will focus on cloud transformation, business process automation and technology consulting, addressing the present...

DUBAI, UAE -  Dubai International Financial Center (DIFC) continued to grow at a record-breaking pace in 2022 with the number of active registered companies rising 20 percent from 3,644 in 2021 to 4,377 in 2022.New companies registered in DIFC in 2022 surpassed the annual milestone of 1,000 for the first...

DUBAI, UAE - Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has hosted the sixth episode of a series of digital industry workshops focusing on the e-commerce market.Attended by Dubai's e-commerce industry leaders, the workshop saw discussions on topics surrounding regulations, funding, talent, and...

DUBAI,  UAE - MD and CEO of Dubai Electricity and Water Authority (DEWA)  Saeed Mohammed Al Tayer received a high-level delegation from Emerson headed by Lal Karsanbhai, President and CEO.Emerson is a global leader in technology, software, and engineering.The visiting delegation included Michael Train, Chief Sustainability Officer, Emerson; Vidya Ramnath,...

DUBAI, UAE -  Minister of State for Foreign Trade Dr. Thani bin Ahmed Al Zeyoudi has marked the first anniversary of the signing of the landmark UAE-India Comprehensive Economic Partnership Agreement during two important events in the UAE.On Friday, Al Zeyoudi received a delegation from the Federation of Indian Chambers...

DUBAI, UAE - MD and CEO of Dubai Electricity and Water Authority (DEWA) Saeed Mohammed Al Tayer spoke of the organization's keenness to cooperate with leading international companies for the continuous development of its operations.Al Tayer made the remarks during discussions with a high-level delegation from France’s satellite operator Eutelsat,...

Dubai, UAE-- Dubai real estate market has recorded deals worth AED2 billion ($544 million) on Thursday, according to Dubai Land Department.The deals included 475 sales transactions worth AED1.38 billion, in addition to 101 mortgage deals of AED491.51 million, and 56 gift deals amounting to AED141.96 million on Thursday.The sales included...

Dubai, UAE--- Dubai Multi Commodities Centre has reported a 17 percent year-on-year increase in the value of diamond trade in 2022 to $37.4 billion for rough and polished diamonds, including a 42 percent rise in the polished category and a 7 percent rise in rough.The UAE has witnessed soaring growth...

DUBAI, UAE -  Investopia, the global investment platform launched by the UAE Government, and Mubadala, the sovereign investor, announced a strategic partnership.This strategic partnership is focused on Investopia’s second annual event which will take place on March 2- 3, 2023 in Abu Dhabi, under the theme 'Envisioning Opportunities in Times...

Driven by new projects, its sales in 2022 touch $9.5bn.

Musk paid $44 billion for his favorite social media platform and exiting day-to-day operations would allow him to deflect criticism that he is neglecting his other ventures, especially car company Tesla, which has seen its share price plummet since he took over Twitter. He has given few clues to what...