The two Gulf countries expect new strategy to result in a rapid economic transformation and offer new revenue stream, allowing them to cut down reliance on crude oil income.

dans is the sole air navigation service providerfor four airports, including Dubai Airport, the world's top airport for international travellers.

Dubai, UAE-- The three-day long dental conference has got underway in Dubai, bringing together leading experts in dentistry and oral health professionals from around the world. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Academic Health Corporation and Chancellor of the Mohammed Bin Rashid University of Medicine and Health...

Saudi Arabia on Tuesday ordered the King Salman Humanitarian Aid and Relief Centre "to provide health, shelter, food and logistical assistance" to Syria and Turkey, the official SPA news agency said. It will also launch a public donation campaign for quake victims in both countries, SPA added. The oil-rich Gulf...

Sharjah is a gateway to the markets of the Gulf region, with a GDP of US$1.6 trillion. It provides a solid business base for investors through six free zones and 33 industrial zones with various specialisations, which are all linked to convenient land, sea and airports, he adds.

The UAE and few other countries figure at the top of the Transparency Index in the region, but this doesn't mean that they have an excellent performance globally, says an expert.

DUBAI, UAE -  Dubai Electricity and Water Authority (DEWA) has updated its strategic plan, adding achieving net-zero by 2050 to its vision. This move is as per its commitment of keeping pace with the government plans and strategies that aim to achieve net-zero by 2050 and the UAE’s efforts to...

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...

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.

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...

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.

It will add 22 supermarkets to GMG's retail network in the UAE.

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...

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, 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...

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...

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...

The two will run wellness centres in Saudi Arabia.

The company’s growth was driven by Asia Pacific, the Americas and Australia region, the Group Chairman and CEO Sultan Ahmed Bin Sulayem.

The latest data from the United Nations World Tourism Organisation (UNWTO) shows that global tourist travel in 2022 was 37 percent lower than 2019.

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.

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, 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...

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.

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, 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...

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...

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.

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...

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...

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...

Pipes and fittings, valves, bends and cladded pipes, industrial pumps, batteries, pipes and fittings, and many more goods will be manufactured locally.

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, 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...

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...

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.

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.

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...

Under the pact, the companies will manufacture products in UAE.

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...

“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.

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.

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...

The report outlines Dubai's digital economy startups and the emirate's position as a future digital capital.

The company reported a profit of $67.25m for the last fiscal.

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.

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, 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...

The bank’s net profit for Q4 2022 was up 23%.

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...