The Sharjah Chamber of Commerce and Industry (SCCI) has organized a forum to discuss ways to boost economic ties and deepen commercial collaboration with Russian business community.

Beijing, China---Ali Obaid Al Dhaheri, UAE Ambassador to China, has said the UAE and China maintain close strategic relations, which are a "successful model" for international bilateral relations. Al Dhaheri, who  congratulated the leadership and people of China on the 73rd anniversary of the country's founding, said, "We commend the...

The Energy Minister said the UAE encourages joint investments with China in every sector, most notably in digital economy, green economy and circular economy.

GCC markets had a mixed week as Saudi stocks powered by the banking and commodities retail sectors posted gains, while the UAE stocks tanked, ending the weeks with losses.

According to a PWC estimate, the MENA region's blockchain market would reach $3.2 billion by 2024, and the UAE is working to become a major player in the field.

The Department of Health – Abu Dhabi (DoH) launched the first edition of the Healthcare Research and Innovation Grant, a monetary fund that fosters research and innovation efforts among healthcare professionals in the emirate.

The inaugural RAK Energy Summit, to be held on October 4-5, will feature experts from the energy sector in the UAE and globally for discussions on the challenges and opportunities the world faces as it moves to cut carbon emissions.

The Water, Energy, Technology and Environment Exhibition (WETEX) and Dubai Solar Show (DSS) saw a large turnout of visitors in its 24th edition.

The Saudi utility now boasts of $67bn investment portfolio.

Major events such as Qatar World Cup 2022, Formula 1 Abu Dhabi Grand Prix, etc. will give Gulf tourism a boost in the last quarter of this year, according to a latest report.

UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri participated in the Agriculture Ministers’ Meeting in Bali as part of the G20 Summit.

UAE and Tanzania have signed an agreement for avoiding double taxation and preventing tax evasion.

Abu Dhabi, UAE--- AD Ports Group Thursday announced the arrival of the first international shipment at Mugharraq Port, one of the high-performing ports located within the Al Dhafra Region. This is the first shipment since Mugharraq Port was recognised as an international port facility under the provision of the International...

Dubai ranked fifth globally and first in the Arab World in the Local Online Service Index (LOSI) 2022 issued by the United Nations as part of its biennial e-government survey.

The Ministry of Energy and Infrastructure (MoEI) announced the launch of the "UAE Maritime Network".

Abousleiman said the UAE led the world with a successful vaccination programme in 2021, as well as its monetary and fiscal stimulus packages.

The average price of a barrel of Brent crude oil is expected to be $101 in 2022 and $84 in 2023. However, Brent oil prices may fall to $75/b by 2025 and $70/b by 2027, says a report.

The 303km railway, with passenger trains traveling up to 200kmper hour, will join up with the UAE's national network that is now under construction. The joint venture between Oman Rail and the UAE's Etihad Rail was agreed upon during a visit by UAE President Sheikh Mohamed bin Zayed to Oman.

Minister of Industry and Advanced Technology and UAE Special Envoy to Japan Dr. Sultan bin Ahmed Al Jaber and the Prime Minister of Japan Fumio Kishida have signed the UAE-Japan comprehensive strategic partnership agreement.

Abu Dhabi, UAE---The Abu Dhabi Securities Exchange (ADX) and the Muscat Securities Market (MSX) signed a memorandum of understanding (MOU) on Wednesday to exchange visions and experiences between the two parties in various fields of common interest. The MOU aims to enhance cooperation and information sharing in a number of...

Firm buys stake for $68 million via its subsidiary IHC Digital

This is the first payment of a full-year AED2.57 billion dividend.

Abu Dhabi, UAE--ADQ, an Abu Dhabi-based investment and holding company, discussed a range of investment opportunities with Oman Investment Authority (OIA), across various sectors aimed at contributing to increased economic cooperation and trade between both nations. The meeting was held on the sidelines of President Sheikh Mohamed Zayed Al Nahyan's...

Sheikh Mohamed discussed opportunities for building upon the growing economic ties between the UAE and Oman.

Sheikh Abdullah bin Zayed thanked Prime Minister Lapid for the warm reception during his recent visit at the head of an official delegation to Israel.

The WLPO network, part of the International Society of Pediatric Oncology (SIOP), promotes female leadership in pediatric oncology.

Signalling a broader economy recovery in the country, four largest banks of the UAE have posted a big surge in net profit to $4.4 billion in the first half of 2022, a 10 percent jump from the 2021 profit of $3.9 billion. According to Moody's, the profits resulted from higher...

The UAE will be relaxing COVID-19 restrictions nationwide which will come into effect starting September 28. Dr. Saif Al Dhaheri, Official Spokesperson of the National Emergency Crisis and Disasters Management Authority (NCEMA) made the announcement during the UAE Government media briefing on the COVID-19 pandemic. COVID-19 daily cases announcement will...

The volume of trade exchange between the two countries during the first half of this year amounted to AED24.2 billion.

The two firms will explore developing offshore wind projects.

The UAE recently participated in the fifth International Financial Architecture (IFA) Working Group meeting within the G20 Finance Track for 2022, which was held in a hybrid format.

According to the Digital Quality of Life Index by VPN provider Surfshark, Denmark has the best digital quality of life in the world.

Several firms in the UAE have received requests from employees to adjust compensation packages in line with the inflation in the country, a global consulting firm has said.

A leading retailer in the UAE has said that over 15 percent of its customers have now shifted to 'Buy Now, Pay Later' (BNPL) mode.

The UAE delegation attended the sixth day of high-level meetings on the sidelines of the 77th Session of the United Nations General Assembly.

The Sharjah Chamber of Commerce and Industry (SCCI) has hosted a webinar in cooperation with Al Etihad Credit Bureau (AECP) to discuss the importance of AECP credit report and score for SME businesses.

The Ministry of Energy and Infrastructure (MoEI) of UAE announced that it had signed an agreement with GHD Group, in partnership with the Germany-based Fraunhofer--Gesellschaft, to develop its National Hydrogen Strategy.

As part of the deal, the UAE will provide "an LNG cargo for delivery in late 2022, to be used in the commissioning of Germany’s floating LNG import terminal at Brunsbuettel", a North Sea port. UAE state oil company ADNOC completed its first ever direct diesel delivery to Germany earlier...

DEWA CEO said that the exhibition will introduce the world to the UAE’s achievements in the renewable and clean energy sector.

Investors and brokers are becoming more confident as the emirates's innovative systems keep tabs on the skyscrapers and the units available for housing and renting.

The UAE foreign minister noted both the countries support each other to achieve sustainable economic growth and enhance the prosperity of their people.

NEW YORK, US - UAE foreign minister Sheikh Abdullah bin Zayed Al Nahyan discussed enhancing the prospects of women empowerment and gender equality with Sima Bahous, chief of UN Women. The two met at the Permanent Mission of the UAE to the United Nations in New York during the 77th...

The UAE delegation attended the fifth day of high-level meetings on the sidelines of the 77th Session of the United Nations General Assembly.

German Chancellor Olaf Scholz arrived in Saudi Arabia at the start of a two-day Gulf tour, in the hope of sealing new energy deals with the fossil fuel exporters. Scholz, accompanied by a sizeable industry delegation, was received at Jeddah airport by Mecca region's governor Prince Khalid bin Faisal Al...

Dubai is consolidating its position as a pioneer in transitioning to a green economy to support the efforts of the UAE and the rest of the world in fighting the consequences of climate change.

The company raised $1.017 billion in IPO on the DFM.

UAE has successfully started Unit 3 of the Barakah Nuclear Energy Plant, located in Abu Dhabi's Al Dhafra Region, its parent company the Emirates Nuclear Energy Corporation announced on Thursday.

A total of 2,401 real estate transactions worth US$1.8 billion (AED6.7 billion) were conducted during the week ending September 23, 2022, according to figures released by the Dubai Land Department.

Abu Dhabi, UAE---ADNOC and Abu Dhabi National Energy Company (TAQA) Friday announced the financial closing of their $3.8 billion project to power and decarbonize ADNOC's offshore production operations. Together with a consortium comprised of Korea Electric Power (KEPCO), Kyushu Electric Power Company (Kyuden) and Électricité de France (EDF) (the Consortium),...

UAE Minister of Energy and Infrastructure Suhail bin Mohammed Al Mazrouei said that the start-up of Unit 3 of Barakah Nuclear Energy Plant contributes to achieving one of the most important objectives of the country's vision and strategy for the energy sector.