A top law official in the UAE has detailed several cases where the judicial system fined and jailed people for financial irregularities, and recovered sums to the tune of millions of dirhams from them. Many such people were also deported.

Dubai ruler Sheikh Mohammad bin Rashid Al Maktoum met Egypt’s Prime Minister Mostafa Madbouly at Expo 2020 Dubai.

The total number of visitors to the Saudi pavilion exceeded 30 percent of Expo 2020 Dubai's total number of visitors.

Maple is wholly owned by Damac ex-chairman Hussain Sajwani.

In the UAE, the Abu Dhabi index added 0.2% with the International Holding Company gaining 0.7%. Dubai index ended the week 0.1 percent down.

The Business Bay came on top in terms of volume and value, recording 155 transactions worth AED170 million ($46.29 million).

The $1.7bn listing strengthens its position as the largest Sukuk issuer on the bourse.

Despite the disruption caused by the coronavirus lockdown Dubai and Abu Dhabi have continued to advance in the race to become the global hub for business, a new report by management consultancy Kearney indicates. 

Al Ghurair said that the strong Q2 financial results of the UAE banks was an indication that the banking industry is back on the growth path following the decline in Covid-19 pandemic

The emirate will see a number of new initiatives that will bring new opportunities to the sector, Sheikh Rashid bin Dalmouk Al Maktoum has said.

The Hatta master development plan is said to be aimed at developing Hatta, an exclave of Dubai, into a tourist spot that will also serve as a local and international destination for business and investment. It is expected to be implemented as part of a five-year development plan in the...

They also discussed boosting relations, and interchanging knowledge with German businesses.

The oil price rise is expected to raise the economic growth of Saudi Arabia and the UAE. The kingdom is expected to grow by 5.1 percent next year.

Dubai's Madame Tussauds said Wednesday it will soon change the shirt of the wax figure of Cristiano Ronaldo after online backlash that the Portuguese footballer was wearing the "wrong" jersey.

The months leading up to the launch of Expo 2020 Dubai witnessed a surge in realty transactions, with September recording sales worth AED16.2 billion, the highest monthly sales since December 2013. A total of 5,762 sales transactions in September bring the year-to-date total value to over AED100 billion, according to...

Although Dubai is set for a ‘modest’ recovery this year on the back of a high vaccination rate in the UAE and fewer Covid restrictions, but a slower rebound in international tourism could be a drag on the economy until the end of 2022.

Over 3,000 government officials, business leaders and industry experts representing 91 countries took part in the 6th Global Business Forum (GBF) Africa in Dubai, conducted by the Economist Intelligence Unit, which featured two days of thought-provoking sessions highlighting business opportunities emerging across the continent.

Dubai Civil Defense on Monday, October 18 brought under control a fire that had broken out at an oil waste disposal site in the Jebel Ali Industrial area in Dubai. The fire, which has broken out late in the morning, was brought under control by 2:40 pm.

Dubai’s consumer confidence index rose to its highest level in a decade during the third quarter of 2021, the Dubai Economy reported on Sunday. 

Artificial Intelligence, 5G, cloud, big data, cybersecurity, blockchain, quantum computing, Fintech and immersive marketing remain key focus of the five-day show.

The car has an aerodynamic design and is a sports model, and does not produce dangerous emissions.

The Saudi and UAE bourses saw quite some ups and downs in the week that began on Sunday, October 10.

People in the Middle Eastern countries are increasingly relying on apps to manage their money, streamline expenses and other banking needs.

In an exclusive interview with WAM in Abu Dhabi, Carlos Roberto Massa Ratinho Junior said the economic relations between his state and the UAE are on an upswing

A court in Dubai has directed Nissan Motor Co. Ltd. and Nissan Middle East to pay $354 million as compensation to Al Dahana FZCO in the case filed by the latter back in 2019.

Africa offers significant potential for investment and economic partnerships that can create mutual benefits for UAE businesses and their African counterparts, said Sultan Bin Sulayem, CEO of DP World Group. Speaking at a session of the Global Business Forum Africa in Dubai, Bin Sulayem said that for trade links to...

DSOA — a wholly-owned government free zone — is expected to launch the program at GITEX Future Stars 2021.

The Minecraft virtual world has been created especially for this occasion, with a special view on helping teachers educate students.

The cabinet also approved the 2022 budget, which calls for spending of AED 58.931 billion ($16.05 billion).

The visits of several Israeli ministers so far show the importance the Jewish state attributes to the event.

The world’s largest cryptocurrency exchange recently registered three companies in Ireland and is currently setting up several regulatory companies worldwide. Binance is banned by several governments, while other countries are open to investigations into allegations such as market manipulation.

The new ad posted on the Twitter handle of the Israeli Pavilion at Expo 2020 Dubai has been videographed in The Dead Sea, the lowest land-based elevation on Earth.

DEWA CEO Saeed Mohammed Al Tayer and Ireland’s Minister of State for Trade Promotion, Digital and Company Regulation at the Department of Enterprise, Trade and Employment, Robert Troy discussed ways to develop ties especially in digital technology and industry, besides other areas of common interest.

DEWA used the IPWP model in a number of its key projects.

Business confidence in Dubai reached its third-highest level in 10 years as companies in the emirate begin to feel the positive impact of Expo 2020 Dubai, a new survey from Dubai Chamber has revealed. According to the findings of the Chamber’s quarterly Business Leaders’ Outlook Survey, 76 percent of respondents...

They include urban development, health, and transport projects.

The project is worth AED140 million (more than $38 million).

It has signed a deal with the Science Based Target initiative.

The main Saudi stock index closed trading on October 7, with an increase of 19.45 points, to close at the level of 11,591.33 points, with transactions worth 6.5 billion riyals.

Real estate and property transactions worth AED 7.1 billion ($1.93 billion) were recorded in Dubai during the week ending October 7, a report by the Dubai Land Department said. A total of 1,959 transactions comprised 158 plots for AED 586.15 million and 1,307 apartments and villas for AED 3.08 billion....

It is the Emirate’s goal to meet three-fourths of its energy requirements with clean sources, which would make it a global hub for clean energy and a green economy

In terms of re-exports, DAFZA grew 24 percent to total AED40.8 billion, representing 20.5 percent of Dubai's total non-oil foreign trade.

Located at Expo 2020 Dubai’s Partner Hub, Cisco’s digitally powered environment takes inspiration from natural groves and their intelligent underground systems.

Jebel Ali Free Zone has been buzzing with activity this year because of a huge jump in the number of companies setting up businesses in Dubai’s state-owned flagship business park this year.

The UAE recorded fewer than 200 new cases of Covid this month, the lowest figure since Aug 2020. While life in the emirates has largely returned to normal, masks and social distancing rules remain in force. Heavily reliant on tourism, Dubai was one of the first destinations to reopen its...

The Federal Board of Investment of Pakistan has invited auto-sector investors to set up business within the country.

Bahrain plans to double its VAT rate to 10 percent, which is likely to drive its citizens to shop in the neighboring United Arab Emirates.

The DMCC welcomed around 1,800 companies to Dubai from Q1 to Q3 this year.

The 5th edition of the AVSEC Global Symposium, which started on Sunday in Dubai, brought together globally recognized security experts, local and international government officials.

DUBAI: France celebrated its 'Expo 2020 National Day' with celebrations in the skies and across ten locations, with the main activities taking place at Al Wasl Plaza. The festivities started with the fabulous Mister Sigrid, a crazy hatter, dressing visitors with eye-catching headgear in the colors of the French flag, while...