As the world gears up for the FIFA World Cup 2022 in Qatar, the positive ripple effect is being felt in the business fraternity across the Gulf region, especially in the UAE.

The banks said in two separate regulatory announcements that all assets and liabilities of HSBC Oman will be transferred to Sohar International.

Dubai, UAE -- Dubai real estate market recorded transactions worth AED1.8 billion ($490 million) on Tuesday, Dubai Land Department said. The transactions included 553 sales transactions worth AED1.43 billion, 107 mortgage deals valued at  AED387.11 million and 12 gift deals amounting to AED43.73 million. The sales included 508 villas and...

Firm approved interim dividend payment of US$54m.

Robust property sales helped firm enhance revenue.

A high number of residential and commercial units delivered in 2022 means tenant retention will become more critical, and rental rates across all major assets are expected to rise.

DFM index jumped 0.6 percent, Abu Dhabi index rose 0.1 percent, Saudi Stock Exchange varied as index ended its trading with a fall of 1.7 percent, losing 195.48 points.

The casino would mark a watershed moment for the Gulf region.

Green ammonia, which can be achieved by combining and reacting green hydrogen and nitrogen at high temperatures and pressures, can potentially reduce global carbon emissions and be used within the transportation, power generation and industrial sectors. 

Revenues in H1 of 2022-2023 surged 131% to $13.7 billion.

Dubai, UAE—  The economies of the Gulf Cooperation Council will likely receive a boost from the FIFA 2022 World Cup, as more than 1.2 million fans are expected to attend the event. According to a survey conducted by S&P Ratings, the influx of football fans from around the world will...

Dubai, UAE---Dubai real estate market recorded realty deals worth AED2.2 billion ($598 million) on Tuesday, according to the data by the Dubai Land Department. The deals include 544 sales transactions worth AED1.64 billion, in addition to 78 mortgage deals of AED590.54 million. The sales included 444 villas and apartments worth AED1.01...

"While living in Dubai, and through my performances in the UAE, I found that the culture of tolerance here is a force of immeasurable good, especially since music and arts help better humanity and pave the way for a more peaceful future,” he highlights, referring to his experience during Expo...

DUBAI, UAE - UAE's Ministry of Health and Prevention (MoHAP) discussed with the Russian Ministry of Industry and Trade ways to boost collaboration, exchange medical expertise and expand partnerships in the pharmaceutical sector between the two countries. The two countries also discussed ways and means to encourage more Russian companies...

DUBAI, UAE - The UAE-India joint technical committee for manpower held its first meeting where it explored areas of collaboration between the two countries. Both parties highlighted their keenness to enhance cooperation to ensure a safe, organized and legal transition of Indian laborers through the exchange of best practices in...

Tens of thousands of cyclists rode down the skyscraper-lined superhighway that meanders through the middle of Dubai on Sunday morning, taking part in the Dubai Fitness Challenge event. In order to ensure safe passage for the cyclists, the RTA closed the road to traffic for nearly five hours.

Dubai Electricity and Water Authority (DEWA) has successfully concluded its awareness campaign among customers about its innovative digital services on electricity and water efficiency, reducing wastage and leaks, and following a responsible and sustainable lifestyle.

Members of the UAE-EU Parliamentary Friendship Group of the Federal National Council (FNC), headed by Sarah Mohammed Falkinaz, Chairperson of the Group, met with Alexander Radwan, Member of the German Bundestag.

Dubai, UAE---Dubai real estate market recorded transactions worth AED2.4 billion ($653 million) on Thursday, according to Dubai Land Department. A total of 842 sales transactions worth AED1.96 billion, in addition to 112 mortgage deals of AED487.55 million, and 17 gift deals amounting to AED30.97 billion were recorded during the day....

Dubai, UAE— Dubai has begun to give out multiple-entry tourist visa for "Hayya cardholders" traveling to Doha for the World Cup this month. In this regard, Dubai's General Directorate of Residency and Foreigners Affairs (GDRFA)  issued the first 90-day multiple-entry tourist visa to Mohammed Jalal, a Jordanian football fan. This...

Experts attribute the main reasons for the increase in the real estate demand to the UAE government's numerous initiatives and the high income level of investors.

UAE Minister of State for Financial Affairs Mohamed Hadi Al Hussaini met with Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF) Dr. Jihad Azour.

DUBAI, UAE - MD and CEO of Dubai Electricity and Water Authority Saeed Mohammed Al Tayer said DEWA had added 300 megawatts of photovoltaic solar energy in 2022 from the fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park using the Independent Power Producer (IPP) model. The Solar...

5G network will help Nedaa provide better services.

Dubai school operator plans to expand its network.

DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) has commissioned 389 11kV substations in Dubai in the third quarter of 2022. This is part of its efforts to deliver state-of-the-art infrastructure according to the highest international standards. These stations are mainly located at Wadi Al Safa Fifth, Al Merkad,...

Strengthening of political, economic and trade relations between China and the Gulf Cooperation Council countries during the past 15 years has also led to a cementing of cultural ties between the two powerhouses.

DUBAI, UAE - The Dubai Financial Services Authority (DFSA) has signed a Memorandum of Understanding (MoU) with the Bangladesh Securities and Exchange Commission (BSEC) to enable exchange of information between the two authorities. The MoU was signed by Chief Executive of the DFSA Ian Johnston and Chairman of the BSEC...

HDC provides special education and care services in S Arabia.

Dubai, UAE--- Dubai real estate market recorded real estate transactions worth AED1.7 billion ($462 million) on Tuesday, Dubai Land Department said. The transactions included 425 sales transactions worth AED1.32 billion, in addition to 71 mortgage deals of AED386.7 million, and 12 gift deals amounting to AED56.77 million. The sales included...

"Negotiations with the European league began eight months ago, and its goal is to involve a club from Dubai in the prestigious tournament, in addition to hosting some matches in the city," said Al Naboodah, the former president of Dubai's Al-Shabab Al-Ahli football club.

DUBAI, UAE - UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri participated in the World Food Forum where she spoke about the country's efforts to enhance youth engagement in strengthening food security through innovation and entrepreneurship. The Forum from October 17 to 21 at the headquarters...

Dubai, UAE---A total of 2,703 real estate transactions worth AED8 billion ($2.17 billion) were conducted during the week ending 21 October, 2022, according to the Dubai Land Department (DLD). A total of 147 plots were sold for AED1.12 billion, and 2,023 apartments and villas were purchased for AED4.79 billion. The...

October 30 is expected to be the busiest day with daily traffic exceeding 259,000 passengers.

The UAE capital -- which now boasts 5,325 registered vessels -- is well on its way to become a key hub for the international superyacht industry, says a report

The United Arab Emirates is set to host three healthcare events next week in Dubai where over 4,000 healthcare professionals and participants are expected to attend.

Dubai Electricity and Water Authority (DEWA) recorded substantial growth of 22 percent in investments allocated to transmission substations during the first half of 2022, compared to the same period last year.

Through the new concept, retailers and shopping centers in the Gulf country are giving a customer a whole experience, in some cases both in-store and online.

This would be the eighth marine service station in the emirate.

The acquisition integrates MyUS into Aramex’s business.

UAE's Ministry of Energy and Infrastructure signed a Memorandum of Understanding with its counterpart in Chile to exchange knowledge and expertise in energy and advance this vital sector locally and globally.

It was named as the Largest Single-Site Water Desalination Facility in the World by the Guinness World Records.

Dubai Customs provides the services and facilities to licensed companies in the free zones of the Emirate to boost investments and attract more investors.

UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri said that the crises facing the world today put the health and lives of millions of people at stake without distinguishing between developed and developing countries.

LuLu Exchange – one of UAE’s leading financial service providers, announced that it has signed an agreement with the country's Ministry of Interior to launch a digital KYC process through new-age facial recognition on its cross-border payments app, LuLu Money.

flydubai will wet lease four Next-Generation Boeing 737-800 aircraft.

Dubai, UAE---Dubai real estate market recorded realty transactions worth AED2.1 billion ($571 million) on Thursday, Dubai Land Department said. The transactions included 401 sales deals worth AED1.69 billion, in addition to 77 mortgage deals of AED324.64 million, and 13 gifts deals amounting to AED132.47 million on Thursday. The sales included...

Close to 200 years after the business hub of New York City was named as downtown, the word has entered the lexicon of business and commerce in the Middle East, with many areas being referred to by it.

The TOP CEO Conference, held in Dubai in Q2, discussed several burning global and regional issues of the time. It may help policymakers devise better strategies.

It plans to deploy $1bn in sustainable energy projects.