- Dubai, UAE -- Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has announced that it attracted 143 companies to Dubai during H1 2025, representing a 138 percent increase compared to the 60 companies attracted in H1 2024. These included 31 multinational companies (MNCs),...
UAE Pension Authority to focus on awareness among Emirati employees
ABU DHABI, UAE - The General Pension and Social Security Authority (GPSSA) of UAE has announced its key strategic objectives for 2023. The authority said that it will focus on raising awareness on insurance among Emirati employees, serving the community with utmost promptness and professionalism, while reinforcing the UAE Pension...World rushes to offer humanitarian aid to Turkey, Syria
The European Union has mobilized 10 search and rescue teams for Turkey after the stricken country requested EU assistance, EU foreign policy chief Josep Borrell and EU crisis management commissioner Janez Lenarcic said.UAE-Oman military exercise ‘Cooperation-3″ gets underway
Abu Dhabi, UAE--A joint Oman-UAE military exercise codenamed “Cooperation-3” began in Oman on Monday. The 11-day drill, which concludes on February 16, 2023, saw the participation of a force from Muscat Regiment, Infantry Bridge (23) of the Royal Army of Oman (RAO), and its support divisions, as well as aircraft...Increasing pressure from Saudi real estate projects to force Dubai to develop more distinctive offerings
At the moment, the market is solidly Dubai, which is recognised as the world leader in branded residential offerings with all eyes on the city’s upcoming openings. The slower approach of Abu Dhabi will be something to watch as it makes large-scale investments into the luxury sector, he adds.GMG buys out Aswaaq LLC
It will add 22 supermarkets to GMG's retail network in the UAE.UAE to send humanitarian aid worth US$13.6m to Syria
Hours after the earthquake killed at least 1,000 people and caused massive level of destruction in Syria, the UAE has pledged humanitarian assistance worth around $13.6 million to the war-scarred country, according to state media. The quake struck near the Turkish city of Gaziantep on Monday, killing more than 1,651...UAE tops globally in tertiary education
For the 12th year in a row, Switzerland leads the ranks on the Global Innovation Index. South Korea was the most innovative Asian country.Dubai records over $381 million in real estate transactions
Dubai, UAE-- Dubai real estate market recorded transactions worth AED1.4 billion ($381 million) on Monday, data released by Dubai's Land Department (DLD) showed. The deals included 490 sales transactions worth AED1.17 billion, in addition to 86 mortgage deals of AED177.94 million, and 15 gift deals amounting to AED55.81 million. The...Environment Agency – Abu Dhabi issues marine water quality policy
ABU DHABI, UAE - The Environment Agency - Abu Dhabi (EAD) has issued a policy on sustaining marine water quality that reviews the current situation and main challenges related to marine water in the emirate. The policy is part of EAD's efforts to maintain and sustain Abu Dhabi's marine waters...DEWA cleans beach, plants mangrove as part of 26th National Environment Day
DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) participated in a campaign to clean the beach and plant mangroves at the Jebel Ali Marine Sanctuary, organized by the Emirates Marine Environmental Group. The move is in conjunction with the National Environment Day, observed on February 4 each year, and...Burjeel signs MoU with Leejam
The two will run wellness centres in Saudi Arabia.DP World handled 79mn TEU across its container terminals in 2022
The company’s growth was driven by Asia Pacific, the Americas and Australia region, the Group Chairman and CEO Sultan Ahmed Bin Sulayem.Dubai receives 14.36mn international visitors in 2022
The latest data from the United Nations World Tourism Organisation (UNWTO) shows that global tourist travel in 2022 was 37 percent lower than 2019.Middle East talent hunt pits UAE against Saudi Arabia
The two biggest economies of the region are leaving no stone unturned to hire the most talented professionals in order to run the ever-expanding companies.Preserving natural resources crucial for future generations, reiterates key UAE official
The UAE has a long and established history in the field of sustainability, which began with the initiatives launched by the late Sheikh Zayed bin Sultan Al Nahyan, who provided a vision for the UAE's future in sustainable development, he adds while speaking at the 26th UAE National Environment Day.Dubai’s government, private sector to discuss future at Innovation Talks
DUBAI, UAE - The Innovation Talks series will bring together heads and representatives of Dubai government departments, and experts from major private sector companies to discuss how they can work together to develop a common vision for the future. The Innovation Talks series in Dubai forms part of the emirate's...Qatar’s Hamad International Airport aims to beat passenger record
The airport recorded 39.5 million passengers in 2019 before the coronavirus pandemic struck, and last week announced that with the World Cup in November and December, numbers had recovered to 35.7 million in 2022.WEF-supported TTI to fuel UAE growth spurt
The initiative is a crucial step in modernizing global trade, using the tools of the Fourth Industrial Revolution, said Dr Thani Al Zeyoudi, UAE Minister of State for Foreign Trade.Dubai Customs, Dubai Chambers discuss support for private sector
DUBAI, UAE - Dubai Customs and Dubai Chambers discussed supporting businesses and the private sector and enhance the emirate’s competitiveness following Dubai's strategic plans and vision. These were the highlights of the meeting between Ahmed Mahboob Musabih, Director-General of Dubai Customs, CEO of Ports, Customs and Free Zone Corporation and...SEDD discusses cooperation with Matajer
SHARJAH, UAE - Sharjah Economic Development Department (SEDD) received a delegation from Matajer - one of the most important commercial shopping groups affiliated with Sharjah Holding Company - established under a partnership between Majid Al Futtaim Properties and Sharjah Asset Management. This comes within SEDD’s interest to strengthen partnerships with...Dams fulfill GCC’s water needs, boost economies
More dams are being built in the region to shield the residents against floods, offer a lifeline during drought and work towards food sufficiency by enhancing agriculture output.‘UAE is committed to achieving sustainability’
ABU DHABI, UAE - Ruler's Representative in Al Dhafra Region and Chairman of the Board of Directors of the Environment Agency - Abu Dhabi (EAD) Sheikh Hamdan bin Zayed Al Nahyan has emphasized the UAE’s commitment to achieving sustainability and protecting and preserving natural resources for future generations. In a...UAE, France, India to join hands in energy, climate change sector
The United Arab Emirates, France and India have issued a joint statement announcing the establishment of a trilateral cooperation initiative and the roadmap to begin its implementation. In the statement the three countries said the initiative will promote the design and execution of cooperation projects in various fields, including energy...UAE participates in G20’s sustainable finance working group meeting for 2023
ABU DHABI, UAE - The UAE recently participated in the first Sustainable Finance Working Group (SFWG) meeting within the G20 Finance Track for 2023, which was held for the first time under the Indian Presidency. The meeting, which was held at Guwahati, Assam, India, sought to discuss the 2023 SFWG...ADNOC inks $4.63 billion in contracts with 23 firms.
Pipes and fittings, valves, bends and cladded pipes, industrial pumps, batteries, pipes and fittings, and many more goods will be manufactured locally.UAE, France foreign ministers discuss strategic partnership
ABU DHABI, UAE - UAE Minister of Foreign Affairs and International Cooperation Sheikh Abdullah bin Zayed Al Nahyan received French Minister of Europe and Foreign Affairs Catherine Colonna. During the meeting, which took place in Abu Dhabi, the two sides discussed bilateral relations and available opportunities for widening their cooperation,...Dubai’s records weeklong real estate transactions worth $2.44 billion
Dubai, UAE---A total of 2,157 real estate transactions worth over AED 9 billion ($2.44 billion) were conducted during the week ending Feb 3, 2023, according to figures released by the Dubai Land Department (DLD). The DLD report revealed that 237 plots were sold for AED 1.56 billion, with an additional...US, UAE officials discuss financial crimes
ABU DHABI, UAE - The US Department of the Treasury’s Under Secretary for Terrorism and Financial Intelligence Brian Nelson led a two-day treasury delegation visit to the UAE to discuss AML/CFT matters and areas of joint cooperation. The two sides discussed a range of topics of mutual interest pertaining to...UAE creates a sustainable ecosystem to further enhance understanding of space, says astronaut
He was speaking at an event hosted by Mohammed Bin Rashid Space Centre, where the details of the second crewed mission of the UAE Astronaut Programme to the ISS was revealed. Scheduled for launch on Feb 26 at 11:07, the mission will be the first long-duration Arab astronaut mission.KSA, UAE play well as e-gaming trends across GCC
The gaming markets in Saudi Arabia, the UAE and Egypt is expected to be worth $3.14bn by 2025, according to California-based market research and consulting firm Niko Partners.DHA, DIEZ ink MoU to support healthcare sector
DUBAI, UAE - Dubai Health Authority (DHA) has signed a Memorandum of Understanding (MoU) with Dubai Integrated Economic Zones Authority (DIEZ) to enhance investment opportunities in the healthcare sector and support the formation of healthcare start-ups. The MoU will help to promote cooperation and coordination between the two sides and...ADNOC signs 23 agreements
Under the pact, the companies will manufacture products in UAE.UAE, Saudi, Bahrain up rates after Fed’s hike; Qatar keeps status quo
Hours after the US Federal Reserve upped its target interest rate by a quarter of a percentage point, many central banks in the GCC region followed suit, raising their respective interest rates. Saudi Arabia, the UAE and Bahrain hiked it by 25 basis points while the central bank of Qatar...Right educational system crucial to help students become an active partners in shaping UAE’s future
“Increasing student competence in Arabic is a top priority; it's a crucial component of the UAE's national identity,” adds Sheikh Abdullah, who is also the Chairman of the Education and Human Resources Council, while highlighting the importance of keeping the standard of education system high.Fintech prospers as bold debt deals rise in MENA
There is a rise in the interest of foreign investors in the MENA startup ecosystem as their share increased from 20 percent in 2021 to 47 percent in 2022, reports suggest.Channel opened for UAE residents who stayed outside for 6 months
Abu Dhabi, UAE-- The Federal Authority for Identity, Citizenship, Customs and Ports Security (ICP) announced that it has added to its smart channels a service for entry permits related to residents who stayed outside the UAE for more than six months. The service was activated as of last Friday, and...UAE’s national digital economy set to grow $140bn by 2031
The report outlines Dubai's digital economy startups and the emirate's position as a future digital capital.Agthia posts 14% profit jump
The company reported a profit of $67.25m for the last fiscal.Saudi Arabia, UAE set to lead IPO activities in GCC
Around 27-39 companies in the Gulf region are expected to come out with IPOs in the first few months of this year with the Kingdom and UAE leading from the front, reports suggest.Major UAE solar plant to go online before COP summit, says energy firm
ABU DHABI, UAE - One of the world's biggest solar plants will become fully operational this year in the oil-rich United Arab Emirates, months before it hosts UN climate talks, a partner company said Tuesday. The UAE, a major oil exporter, is spending billions to develop enough renewable energy to cover...Dubai records over $571 million in real estate transactions
Dubai, UAE -- Dubai real estate market recorded deals worth AED2.1 billion on Tuesday, Dubai Land Department said. The deals included 471 sales transactions worth AED1.87 billion, in addition 70 mortgage deals of AED122.36 million, and 14 gift deals amounting to AED130.13 million. The sales included 451 villas and apartments...ADCB 2022 net profit $1.75 bn
The bank’s net profit for Q4 2022 was up 23%.Strong demand seen for first 2023 auction of UAE treasury bonds
Abu Dhabi, UAE-- The first auction of the UAE treasury bond program in 2023 has been oversubscribed by 6.2 times, receiving bids worth AED6.85 billion ($1.76 billion), WAM reported. In 2022, the Ministry of Finance, the issuer, had issued bonds totaling AED 9 billion across tenors of two years, three...UAE President postpones visit to Pakistan due to ‘weather’
During the visit, UAE President and Pakistan's Prime Minister were due to discuss areas of mutual cooperation between the UAE and Pakistan.UAE to showcase advance in organ transplant at Arab Health 2023
Dubai, UAE--The Ministry of Health and Prevention (MoHAP), the Department of Health-Abu Dhabi (DoH) and the Dubai Health Authority (DHA), will showcase the latest developments on the National Program for Donation and Transplantation of Human Organs and Tissues, "Hayat," at the Arab Health 2023 taking place from January 30 to...Arab Health 2023: Emirates Health Services unveils ‘Microbubble treatments for Children’
‘Microbubble Treatments for Children’ programme research project is being pursued in partnership with the Children’s Hospital of Philadelphia.Iran, Russia link banking systems amid western sanctions
Linking of banking system with Russia is seen as an attempt by both the countries to get around the US economic sanctions.Monetization remains key concern as GCC turns to metaverse for investments, business expansion
The region remains cautious as it takes a strategic approach to invest in the technology by focusing on experimentation and finding suitable business use cases, says an expert.Abu Dhabi Global Market receives French delegation
ABU DHABI, UAE - Abu Dhabi Global Market (ADGM) Monday received a French delegation to strengthen bilateral relations through dialogues on investment opportunities and areas of collaboration in the financial field. The delegation was led by French Minister of Economy, Finance, Industrial and Digital Sovereignty Bruno Le Maire. The event...Fight global warming without harming economic growth: COP28 chief
The UAE is pushing the merits of carbon capture -- removing carbon dioxide as fuel is burned, or from the air.



















































