DUBAI, UAE – President and CEO of Dubai Chambers Mohammad Ali Rashed Lootah has revealed that 6,478 new Food and Beverage (F&B) companies joined Dubai Chamber of Commerce in 2023, representing year-over-year growth of 19.4 percent. The total number of F&B companies registered with Dubai Chamber of Commerce – one...

The report stresses the urgent need for MENA news organizations to overhaul business models, adopt digital strategies, and diversify content delivery to seize growth opportunities.

Dubai, UAE-- In the month of May scores of airport developers, officials, and suppliers from around the world will troop into Dubai to participate in the world’s largest annual event dedicated to the airport industry. The 23rd edition of the three-day B2B event at the Dubai World Trade Centre (DWTC),...

Paris, France -- The world needs "trillions" of dollars to spur on the green transition and tackle global warming, the head of last year's COP28 climate talks said Tuesday, warning that political momentum can evaporate without clear action. COP28 president Sultan Al Jaber hailed progress made at UN negotiations last year in...

DUBAI, UAE – The airport here has "every chance" of breaking its record for passenger traffic this year after surpassing pre-pandemic levels in 2023, Dubai Airports' CEO told AFP on Monday. Dubai International, the world's busiest airport for international passengers for nearly a decade, hit 87 million visits in 2023, beating...

Dubai, United Arab Emirates -- World number two Aryna Sabalenka said on Sunday she was "addicted to winning" and hungry for more major glory following her successful title defense at the Australian Open last month. The Belarusian returns to action this week at the WTA 1000 in Dubai to contest her...

AMMAN, JORDAN – A total of 35 Jordanian companies are taking part in Gulfood 2024, the world's largest annual food and beverage trade exhibition, in Dubai, UAE.The Jordan Exporters Association (JEA) is coordinating the country's participation in the event, which will open next Monday at Dubai World Trade Center.The JEA’s...

Dubai, UAE-- The World Governments Summit (WGS) has ushered in a new decade of positive impact, inspiring governments and societies to join the global community in its ongoing journey to shape the future, according to Hamid Al Zaabi, Director-General of the Executive Office for Anti-Money Laundering and Counter Terrorism Financing...

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.

The UAE hosted last year's COP28 conference in Dubai, while Azerbaijan will host this year's summit followed by Brazil in 2025. The three countries were mandated by 198 signatories to the Dubai agreement to work together on a roadmap to limit global warming to 1.5 degrees Celsius, a key climate...

World Bank President Ajay Banga said that "what's going on Gaza, but also the challenges of Ukraine... and the Red Sea" are among the top challenges to the global economic outlook. "When you add variables to what is turning out to be probably the lowest growth of the last 55...

DUBAI, UAE- As Houthi attacks roil the Red Sea and Western air raids target the rebels, moves to end Yemen's long-running war are at a standstill, threatening further woe for a country on its knees. As recently as December, painstaking negotiations were gaining ground and the United Nations said the warring...

Despite maintaining its ties with Israel since the Israel-Hamas war began in October, the UAE has been at pains to express solidarity with Palestinians as anger mounted in the Arab world over the conflict.

Dubai, UAE - About 63% of respondents in the UAE plan to make EVs their primary mode of transport by 2025, reveals a survey by Al-Futtaim Automotive, a major division of the Al-Futtaim Group and Strategic E-Mobility Partner, The survey indicating a significant shift in UAE residents' perspectives towards electric...

Despite the last COP in the United Arab Emirates ending with an unprecedented call to "transition" away from fossil fuels, an analysis by the NGO Global Witness based on data from Rystad Energy shows that the upcoming COP29 host aims to hike its gas production from 35 billion cubic meters...

He highlights the UAE's strategic priorities, including the future of fiscal policy, the application of sustainable fiscal policies to foster financial empowerment, trust, and transparency, shaping the future, sustainable development, innovation, boosting economic growth, and fostering competitive business environments.

Dubai, UAE -- In 2023, Dubai Customs managed 46.87 million bags from 206,396 flights, averaging 128,400 bags daily and played a role in the reception of a record-breaking 17.15 million international visitors. The Passenger Operations Department has over 845 inspection officers supported by 77 baggage inspection devices. Ibrahim Al Kamali,...

"The Palestinian economy's dire outlook is worsening as the conflict persists," managing director Kristalina Georgieva told the World Governments Summit in Dubai. "Only a durable peace and political solution will fundamentally change it".

Dubai, UAE  – Al-Futtaim Electric Mobility Company, the official distributor of Polestar in the UAE, have announced the official launch of Polestar 3, the electric SUV. Polestar 3 is also the brand’s first vehicle planned to be produced on two continents – marking a milestone in green mobility in the...

DUBAI, UAE - A total of 3,543 real estate transactions worth over US$2.6 billion (AED9.8 billion) were conducted during the week ending February 9, 2024, according to data released by the Dubai Land Department (DLD). The DLD report showed that 197 plots were sold for US$315 million (AED1.61 billion), while...

DUBAI, UAE – DMCC successfully concluded its most recent Made for Trade Live tour of the US, hosting events in New York, Brooklyn and Washington DC as it continues to build on growing bilateral trade and investments between the two countries. In 2023, DMCC saw a rise of over 10...

Emaar property sales rose to US$ 11 billion in 2023.

DUBAI, UAE - The total M&A market dropped 15 percent, to US$3.2 trillion, the lowest level in a decade, as dealmakers grappling with high interest rates, regulatory scrutiny and mixed macroeconomic signals had to be more selective about which deals to pursue in 2023. But the biggest obstacle was the...

GCC cities such as Abu Dhabi, Dubai and Riyadh showcase dynamic growth, rivalling global metropolises, says Julien Hawari, CEO & Founder of Special Edition and Million.

DUBAI, UAE - The Roads and Transport Authority (RTA) of the Emirate has entered into a strategic partnership with ‘Shamal Holding,’ to undertake the construction of a two-lane bridge in each direction spanning 1500 meters. The bridge extends from Sheikh Zayed Road to Dubai Harbor, an exceptional seafront district that...

Dubai, UAE – The United Arab Emirates is the most popular country for international talent seeking employment visas, a report reveals.   The global HR platform,Deel, has released findings from its Annual Global Hiring Report and revealed UAE attracts a large number of international talent. This marks a significant milestone...

Dubai, UAE -- Dubai recorded real estate transactions valued at AED 11.5 billion ($3.13 billion) during the week ending 2 Feb 2024. The sum of transactions was 3,677. A total of 192 plots were sold for AED 2.61 billion, 2,699 apartments and villas were sold for AED 5.75 billion. The...

DUBAI, UAE - The total investable wealth currently held in the BRICS bloc amounts to US$45 trillion and its millionaire population is expected to rise by 85 percent over the next 10 years, a report said.   There are currently 1.6 million individuals with investable assets of over US$1 million...

"Container shipping... has declined by almost 30 percent," said Jihad Azour, director of the IMF's Middle East and Central Asia department, adding that "the drop in trade accelerated in the beginning of this year."

The company recorded its highest-ever revenue of AED 2.2 billion.

The aim is to develop EV charging facility in the UAE.

Turkish Airlines will take on lease 10 Boeing 737-8 aircraft.

DUBAI, UAE - Dubai’s Roads and Transport Authority (RTA) has awarded a contract to upgrade the existing nol (card-based ticketing system) to a sophisticated, central wallet technology (account-based ticketing system), aligning with the top global practices. This project, which requires an investment of US$95 million (AED350 million), is one of...

Dubai, UAE -- Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum Sunday launched the ‘Dubai International Growth Initiative’, allocating AED500 million to accelerate the expansion of small and medium-sized enterprises (SMEs) established in Dubai into global markets. The initiative was launched by the Government of Dubai in...

DUBAI, UAE - Dhai Dubai, the first-ever Emirati-led light art festival, has launched its illuminating 10-day program at Expo City Dubai. The event celebrates the rich artistic tapestry of Emirati through a series of awe-inspiring artistic projections, interactive installations, enlightening talks and creative workshops. The free-to-attend festival is created and...

DUBAI, UAE – Developments in Artificial intelligence (AI) have been impacting businesses, governments and economies across the world. Advancements in AI, especially generative AI (GenAI), are leading to a once-in-a-generation shift. The Cisco AI Readiness Index has revealed that 95 percent of respondents have an AI strategy in place or...

Dubai, UAE -- The real estate and properties transactions valued at AED 14.2 billion ($3.86 billion) in total during the week ending 26 January 2024. The sum of transactions was 4,123. A total of 312 plots were sold for AED 2.95 billion, 2,696 apartments and villas were sold for AED...

Yemen's Iran-backed Houthi rebels fired three missiles at two merchant ships in the Red Sea in their latest attack in the commercially vital waterway, the White House said. The report came after the Houthis vowed to keep up their attacks despite repeated US and British strikes against them.

DUBAI, UAE - With support from the Abu Dhabi Investment Office (ADIO), Hub71-backed ABHI, an embedded finance platform founded in Pakistan, is advancing to its next growth stage by establishing its global HQ in Abu Dhabi to grow its international operations. ABHI joined Hub71, Abu Dhabi’s global tech ecosystem, in...

DUBAI, UAE - Dubai consolidated its status as a central hub for international business events in 2023, with the city winning a record 349 bids to host international conferences, congresses, meetings and incentive travel programs. Driven by Dubai Business Events (DBE), the city's official convention bureau, the wins reflected a...

Dubai, UAE -- Dubai's real estate market recorded 510 sales transactions worth AED1.36 billion on Tuesday, in addition to 210 mortgage deals totaling AED1.95 billion, and 30 gift deals amounting to AED165.56 million, data released by Dubai's Land Department (DLD) showed. The sales included 446 villas and apartments worth AED949.04...

Real estate soared by 4 percent, while financial and insurance activities surged 2.7 percent. The knowledge economy improved with a 2.6 percent increase in education, while electricity, gas, water and waste management activities grew by 2.2 percent.

DUBAI, UAE - In an age where data is a cornerstone of modern healthcare, the industry faces an escalating threat from cyber criminals seeking unauthorized access to sensitive information. Kingston Technology, a player in memory products and technology solutions, is urging healthcare entities to bolster their defenses against rising cyber...

DUBAI, UAE - The real estate and properties transactions valued at US$3.5 billion (AED13 billion) in total during the week ending January 19 2024. The sum of transactions was 3,697 and 184 plots were sold for US$547 million  (AED 2.01 billion), 2,770 apartments and villas were sold for US$2 billion...

Dubai, UAE--The first edition of the Japan Kyoto Trade Exhibition 2024 is all set to kick off this Monday, 22nd January, at Dubai World Trade Centre. The three-day exhibition, jointly hosted by the governments of Kyoto, Japan, and the Department of Economy and Tourism in Dubai (DET), is expected to...

Davos, Switzerland - Pakistan and Dubai signed two agreements totaling over $3 billion on the sidelines of the World Economic Forum in Davos. The agreements will focus on collaboration in railways, economic zones, and infrastructure projects. One of the key agreements involves the establishment of a rail-based dedicated freight corridor...

Riyadh, Saudi Arabia - Jordan Henderson has moved a step closer to ending his much-criticized spell with Saudi club Al-Ettifaq by undergoing a medical with Dutch side Ajax, a source close to the negotiations told AFP on Thursday. The 33-year-old England midfielder has been with the Saudi club for just six...

Dubai, UAE - Against the backdrop of the World Economic Forum in Davos, Whiteshield announces the release of the Global Labor Resilience Index (GLRI) 2024. As the world confronts the profound challenges of global warming and the urgency of transitioning to a sustainable future, the impact on labor markets looms large,...

Dubai, UAE -- Sunset Hospitality Group (SHG) is more than just a collection of hotels, restaurants, and beach clubs. Renowned for crafting "lifestyle hospitality experiences," SHG blends luxury, entertainment and local flavor. TRENDS spoke with Antonio Gonzalez, CEO of Sunset Hospitality Group, about the Group's vision and how it has steadily...

“We're witnessing strong, growing, and sustainable demand for energy and water in Dubai. In 2023, the peak electricity load rose by 9 percent, and peak water demand increased by 5 percent. This growth stems from urban development, economic expansion, and a steady rise in population," he adds.