Oil prices rose by more than 20 percent this week, due to ongoing concerns about supply disruptions and Russian output.

Dubai witnessed real estate and properties transactions worth AED13.4 billion ($3.64 bn) during the week ending 11 March 2022, according to the Dubai Land Department (DLD). The weekly DLD report said a total of 2,333 real estate transactions were made during the week--245 plots were sold for AED2.09 billion, 1,542...

As the Covid restrictions ease, gyms and fitness centers in the region are on a solid path towards recovery with class occupancy catching up at 88 percent pre-COVID levels.

DH is Dubai’s commodities and mining investment arm.

Dubai has promulgated a new law in order to regulate virtual assets that are becoming popular with many investors in the UAE and across the world.

Over 27,800 new member companies joined the Dubai Chamber of Commerce in 2021, a 66.8 percent increase compared to 2020, which brings the organization’s total membership to over 287,000. In 2021, the Dubai Chamber of Commerce saw the return on investment of its digital transformation over the years. The Chamber...

The dividend is 53.4 percent of the net profit earned by the firm last fiscal.

It will help DNI assess people and companies’ financial position.

Arab women leaders will share their success stories, challenges and opportunities at the Forum organized by Special Edition in Dubai on May 17.

The humanoid robot Sophia, the world's first robot citizen, will arrive in Dubai on Tuesday, March 8, to participate in the largest smart conference for internal auditors, the 20th Annual Regional Audit Conference (ARAC) from March 7- 9. Sophia, which holds Saudi citizenship, will conduct an interactive session on the...

Haoula considers it extremely important to sustain family businesses as a recognition for their efforts historically, and for the advantages they could bring to the future of the UAE. “The new legislation makes everybody [feel] welcomed, and that for sure will make it a very approachable place for employment and...

Thanks to a spike in crude oil prices pushed beyond $100 by the Russian-Ukraine conflict, the stock markets of Saudi Arabia and the UAE posted gains in February.

The total number of real-estate transactions in Dubai stood at 2,131 for the week ended March 4.

Dubai International Boat Show (DIBS), which will be held from March 9 to March 13, will witness 34 launches and feature global marine attractions from more than 800 brands. This is MENA yachting industry's first international in-person event since the COVID-19 pandemic. It will run at Dubai Harbour. Exhibitors from...

Under the agreement, a 100MW solar plant will be built in Tunisia.

The emirate, which boasts a thriving community of startup incubators and accelerators, tops the list for foreign direct investment and technology transfer in startups, artificial intelligence and robotics sectors.

The strategy’s objective is to make Dubai one of the safest cities in the world and achieve the zero road deaths vision.

The ‘Dubai-Israel: Future Horizons Mission’ was hosted by the Dubai International Chamber, which is one of the three chambers operating under the restructured Dubai Chambers. It was organized by Dubai International Chamber, the UAE Embassy in Israel, and the Tel Aviv Stock Exchange.

Despite the global closures and economic crisis, the tourism sector in the Gulf region fared well in 2021 due to several factors such as the easing of restrictions and government support.

Dubai’s real-estate market on Monday recorded a total of 301 transactions with a total value of AED1.59 billion ($433.22 million).

The Federation of Bangladesh Chambers of Commerce and Industries, or FBCCI, will launch a UAE-Bangladesh Business Council next month to boost trade in the Middle East region.

The UAE has approved a $3.26 billion housing loan budget for Sheikh Zayed Housing Program in a cabinet meeting on Monday.

Dubai Maritime City (DMC), DP World’s purpose-built maritime hub, announced the launch of a major project worth AED140 million ($38.1 million) to develop its infrastructure.

The Museum of the Future along Dubai's main highway has been touted as the 'world's most beautiful building'.

Andrey Rublev made a plea for peace after notching an eighth consecutive victory on Friday to move into his second final in as many weeks with a 3-6, 7-5, 7-6 (7/5) win against Hubert Hurkacz in Dubai. The Russian No.2 seed signed the camera lens on court with the message,...

The 27th edition of the Dubai International Pharmaceutical & Technologies Conference and Exhibition (DUPHAT 2022) has generated direct and indirect business deals worth AED5.1 billion ($1.38 billion). The largest of its kind in the region, DUPHAT 2022 was held at the Dubai World Trade Centre and featured the participation of...

Real estate transactions worth AED7.1 billion ($1.9 billion) were recorded by the Dubai Land Department during the week ending 25 February 2022. The total number of transactions was 2,064, which included 300 plots of land that were sold for AED2.58 billion and 1,382 apartments and villas sold for AED2.88 billion....

Art Dubai 2022, the art fair's largest edition and one of the few major international art events to take place, will welcome in March over 100 exhibitors from 44 countries.

The exchange is based in Dubai Multi Commodities Centre.

Roadside signboards describe the museum as the "most beautiful building on Earth" ahead of its gala opening.

Music highlights included Filipina singing sensation Moira Dela Torre, who enthralled the audience at the Jubilee Stage last Monday.

UAE reached the top spot globally as a rough diamond hub, trading over $22.8 billion worth of rough diamonds in 2021. Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC, announced this at the Dubai Diamond Conference, local media reported. The conference was held at Dubai Multi Commodities Center...

Dubai International Airport (DXB) continues to be the world’s busiest airport by international passenger numbers for the eighth consecutive year after clocking 29.1 million in annual traffic in 2021. The airport’s annual traffic exceeded forecasts for the year by more than half a million passengers, on the back of a...

Nearly 461 million riders in Dubai used public transport, shared transport and taxis, which include metro, tram, public buses, marine transport means (abras, ferry, water taxi, water bus), e-hail vehicles and taxis in 2021. Dubai’s Roads and Transport Authority (RTA) said the number compares well with the number announced in...

A total of 2,098 real estate transactions worth AED4.5 billion ($1.22 billion) were conducted during the week ending 18 February 2022, according to figures released by the Dubai Land Department. A total of 252 plots were sold for AED1.1 billion, 1,437 apartments and villas were sold for AED2.47 billion. The...

The move is said to be conducive to strengthening the regulatory environment of the cooperatives sector and driving their economic returns.

The industry, stabilized significantly with experienced surgeons and the availability of good facilities, woo a sizable number of foreign clients to UAE during the pandemic.

Dubai has imported eight million tons of food during 2021 and re-exported 6.277 million shipments through all its ports, a Dubai Municipality press release said on Thursday.

C3 is a UAE-based social enterprise empowering impact-driven entrepreneurs across the Middle East, Africa and Turkey.

Dubai International Financial Centre (DIFC) has reported its best annual performance to date, recording its highest ever annual revenue and operating profit besides the highest ever company registrations. DIFC said it achieved its 2024 Strategy growth targets three years ahead of schedule during the first half of 2021. The Centre...

Dubai Electricity and Water Authority (DEWA) has said the production capacity of Hassyan Power Complex reached 1,200 megawatts (MW), using the Independent Power Producer (IPP) model. A further 600 MW will be added in Q4 of 2022, and an additional 600 MW will be added by Q3 of 2023. This...

Jafza is home to some of the world’s leading brands, including Unilever, Nestle, Heinz, McCain, Hunter Foods, Alokozay Group of Companies, Al Khaleej Sugar, Bayara, to name a few.

Some free tickets for the February 15 concert of British music band Coldplay were apparently being resold online for money.

The Saudi Stock Exchange’s main index TASI started and ended the week with a 0.5 percent rise despite the fluctuation.

A total of 2,078 real-estate transactions worth AED6.6 billion ($1.8 billion) were conducted in Dubai during the week ending February 11.

Dubai plans to attract 50 multinational companies within three years and push the external expansion of 100 companies from Dubai to priority foreign markets within two years, Dubai media office said, citing Dubai International Chamber. The strategy is also aimed at supporting and motivating multinational companies to list on the...

Dubai Electricity and Water Authority (DEWA) has achieved 8 stars level in the European Foundation for Quality Management (EFQM) Innovation Lens, becoming the first organization in the world to achieve this recognition. DEWA achieved a score of 800 on this award that measures innovation culture and its role in achieving...

The fourth edition of the MENA Transport Congress & Exhibition began on Monday in Dubai.

Dubai has approved a policy to limit single-use plastic bags by imposing a tariff of 25 fils on such bags from 1 July 2022. The tariff will be implemented in all stores across Dubai including, but not limited to, retail stores, textile and electronic stores, restaurants, pharmacies, online and e-commerce...

The gross container volumes rose by 9.4% year-on-year.