- Jerusalem, Undefined -- Israel's opposition leader said Friday he met with the United Arab Emirates foreign minister in Abu Dhabi and discussed efforts for a ceasefire in Gaza. The UAE normalized ties with Israel in 2020 as part of the US-brokered Abraham Accords. Abu Dhabi also has close ties with...
Top official of Frankfurt Book Fair praises UAE women empowerment
The UAE’s women empowerment progress reflects in the Emirates’ publishing industry as well, according to a top executive of Frankfurt Book Fair, one of the largest book fairs in the world.With $22bn in bilateral trade, UAE-US economic ties set to grow
The UAE and US economic ties are expected to grow in healthcare, energy sustainability, space, and digital economy, with the bilateral trade touching $22 billion between the two countries.UAE’s non-oil foreign trade surged to Dh527.5b in Q1-22
The minister added that the UAE's exports grew around 18 percent YoY to AED91 billion by end of Q1-22, noting that exports have doubled over the past five years.UAE to fund interest on home loans for its nationals
The UAE has decided to fund interest on home loans obtained by its nationals from banks "to ensure economic well-being and social welfare for UAE nationals. According to the new policy, housing loans shall be financed through collaboration between the Sheikh Zayed Housing Program (SZHP) and national banks.UAE and India to expand ties in renewable power, sustainable finance
India was the second-largest trading partner of the UAE in 2021 as it accounted for 9 percent of the total volume of the UAE's trade with the world, and 13 percent of the UAE's non-oil exports.UAE and China to set up New Energy Vehicle Project
Emirates Transport (ET) and China's NEV Investment LLC have teamed up to develop New Energy Vehicle Project in the UAE.Spiralling inflation spurs GCC gold demand
Gold consumption in the GCC region reached 47 tons in the first quarter of 2022, up 18 percent from the prior year. UAE consumption reached 12.50 tons in Q1 2022.Partnerships, collaborations signed during Global Aerospace Summit 2022
Several partnerships and collaboration agreements were signed between leading aerospace, aviation, space and defense organizations during the sixth edition of the Global Aerospace Summit 2022, hosted by Mubadala. During the summit, LeoLabs announced a multi-million dollar award to provide data and services for the Japan Air Self Defense Force (JASDF)....UAE non-oil foreign trade close to AED500bn in first quarter of 2022
According to the UAE’s Federal Competitiveness and Statistics Centre, this was a growth of 20.5 percent compared to AED414.6 billion recorded in the same period of 2021.Seeking new start, Russian professionals set up shop in Dubai
Entrepreneurs, lawyers and art dealers are among those flocking to the financial hub in the oil-rich United Arab Emirates, which had refused to join a UN Security Council vote condemning Russia's war.UAE invests Dh62.6b in Jordan development projects
Abu Dhabi Development Fund for Development has financed AED6.5 billion worth of development projects in Jordan.UAE announces first case of monkeypox
The case was detected in a 29-year-old woman who arrived from West Africa.Aramco, Etisalat top list of GCC’s valuable firms
Although the last several months have been hard for listed businesses in the Middle East, yet many have defied the dire predictions to dominate capital markets.Saudi presidency of ARADO Executive Council renewed for 2022-24
The General Assembly of the Arab Administrative Development Organization (ARADO) renewed the presidency of Saudi Arabia for the organization's Executive Council for the period 2022-2024. The renewal came at ARADO's 57th session held on May 19, 2022, at the organization's headquarters in Cairo, where also the memberships of the UAE,...WEF: UAE eyes end to global hunger through innovation
Beside the UAE, other GCC countries that have sent delegations to the Davos forum include Saudi Arabia, Qatar, Bahrain and Oman to share their perspective on contemporary issues.UAE unveils major structural change in educational system; appoints new ministers
Under the directives of President Sheikh Mohamed bin Zayed Al Nahyan, Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, announced a new major restructuring of the education system in the UAE, and directed the establishing of institutions supporting the development of the sector. Sheikh...Showboating Mayweather dominates Moore in Abu Dhabi exhibition
Boxing great Floyd Mayweather danced and showboated his way through a one-sided exhibition bout against former sparring partner and fellow retiree "Dangerous" Don Moore in Abu Dhabi early on Sunday. The former welterweight world champion, wearing UAE colours, spoke directly to the cameras and chatted with the referee in between...UAE tea exports increase to AED1.2bn in 2020
The UAE has found its way into an exclusive club of top five tea-exporting countries in the world, with total exports of about AED1.2 billion in 2020.UAE renews pledge to Palestinian cause for independent state
UAE stressed the need to respect Jordan’s role in caring for the holy sites and endowments in the Holy City of Al-Quds, without prejudice to the powers of Aqsa Mosque Endowment Administration.Dubai’s luxury retail on the rebound
The government initiatives make the emirate a safe refuge for both inhabitants and tourists which has fuelled consumer activity. Expat-friendly laws have brighten up the prospects for growth in luxury retail sector.UAE tourism sector set new record in Q1 2022 : Tourism Minister
Tourism is deemed one of the future sectors and a key focus area in the UAE’s development vision for the next 50 yearsUAE and Turkey export credit agencies to enhance trade ties
Etihad Credit Insurance (ECI), the UAE Federal export credit company, has signed a Memorandum of Understanding (MoU) with Turkey’s export credit agency, Turk Eximbank, to enhance trade and support business relations between the United Arab Emirates and Turkey. The two export credit agencies will work together to facilitate trade and...All work-related leaves in UAE fall under contribution period: GPSSA
Government sector employers are mandated to bear full contributions due from the insured in cases where he/she is accompanying a spouse for study leaveEtihad Rail signs expertise-exchange MoUs with Spanish, UK firms
Etihad Rail has signed three Memoranda of Understanding (MoUs) with Renfe, Spain’s national railway operator; High Speed 1, the first high-speed railway in United Kingdom (UK) and GB Railfreight, the British rail freight company. The MoUs are based on exchanging knowledge, expertise, and best practices in freight and passenger rail...UAE-Germany non-oil trade 10.5 percent to $9.5 billion in 2021
The non-oil trade between Germany and the UAE amounted to $9.5 billion during 2021, a 10.5 percent increase compared to 2020, said Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, who added that Germany has become UAE's most important trading partner in the Middle East. He...Delivery platforms run on woeful condition of riders
Riders of an online food ordering firm, who recently protested against unfair pay, allege that not only do they get penalized for late deliveries but part of their tips is also usurped.World’s tallest building engulfed as Mideast sandstorms hit UAE
The world's tallest building disappeared behind a grey layer of dust on Wednesday as sandstorms that have swept the Middle East hit the United Arab Emirates, prompting weather and traffic warnings. The 828-metre (2,716 ft, 6ins) Burj Khalifa, which towers over Dubai and is usually visible across the busy financial...UAE to build LNG plant with capacity to produce 9.6m tons
The Abu Dhabi National Co.has revealed that it would build a new liquefied natural gas plant with the capacity to produce some 9.6 million tons a year.IHC completes $2bn Adani deal
IHC to provide capital to Adani firms for green energy projects.US Vice President leads large team to meet new UAE leader
US Vice President Kamala Harris on Monday led a high-level delegation to meet the United Arab Emirates' new president, who takes over after his half-brother's death, following months of strained ties between Washington and the oil-rich Gulf state.Kamala Harris leads high-level US team to meet new UAE leader
Harris, whose team includes Secretary of State Antony Blinken, Defense Secretary Lloyd Austin and CIA chief William Burns, is heading the strongest delegation to visit UAE since President Joe Biden took office last year.Macron meets Mohamed bin Zayed, offers condolences
The UAE's new president Sheikh Mohamed bin Zayed Al Nahyan held talks Sunday with French counterpart Emmanuel Macron as world leaders streamed in to Abu Dhabi to pay tribute to his predecessor. Macron expressed his condolences to Sheikh Mohamed following the death of his half-brother Sheikh Khalifa.Biden congratulates Sheikh Mohamed bin Zayed on being elected UAE president
US President Joe Biden congratulated the UAE's de facto ruler Sheikh Mohamed bin Zayed Al Nahyan on being elected Saturday as the country's president following his half-brother's death. "I congratulate my long-time friend Sheikh Mohamed bin Zayed Al Nahyan on his election as president of the United Arab Emirates," Biden said in a statement.UAE, Saudi stock markets slide as inflation concerns rise
The UAE and Saudi stock exchanges posted losses this week, taking cue from the world markets that fell in reaction to galloping inflation, and rate hikes by central banks in many countries.Dubai’s hi-tech vision dazzles investors
Dubai is developing an environment that encourages firms from all industries to innovate. Already, the UAE is home to one-third of fintech startups in the Middle East and North Africa. Moreover, as the region's leading financial hub, Dubai offers financial solutions to over one billion customers throughout the Middle East,...Dubai: Monaco of the region with a difference
The final quarter of 2021 provided a major boost to Dubai hotel results, with properties surpassing even 2019 figures across all major KPIs. Occupied room nights in the quarter hit 10.1 million, up 12 percent from 9 million in 2019. Length of stay increased from 3.5 nights to 4.5, a 20...Faster UAE growth likely under Mohamed bin Zayed
Under the President Sheikh Mohamed bin Zayed, the national economy will witness an acceleration in the implementation of its development plans and further support for the private sector while adding new economic sectors to enhance the UAE’s stature as a global investment destination.Not just business hub, Dubai is music, food destination too
The locals, residents, and visitors have once again started flocking to museums, historical and heritage sites, and public libraries, according to DCAA data. Trips to these locations totaled 521,753 during 2021, with heritage sites accounting for half of those visits, followed by libraries at 39 percent and museums at 11...Sheikh Mohamed is new UAE President
The UAE's Federal Supreme Council today unanimously elected His Highness Sheikh Mohamed bin Zayed Al Nahyan as President of the United Arab Emirates.Tributes pour in after passing of Sheikh Khalifa
Tributes continue to pour in from around the world after the UAE announced the death of its president, Sheikh Khalifa bin Zayed Al-Nahyan. He was 73.Sheikh Khalifa, who helped UAE boom despite crises
The country will observe a 40-day state mourning with the flag flown at half-mast starting today, the ministry announced, adding that work will be suspended at all ministries, departments, and federal, local and private entities for three days, starting Saturday, May 14.UAE President Sheikh Khalifa passes away at 73
The UAE has announced 40 days of mourning with flags at half-mast from Friday, with work suspended in the public and private sector for the first three days.Amanat reports 39% growth
Amanat recorded a total income of AED46.9 millionAbu Dhabi’s global tech ecosystem Hub71 accepts 16 startups
Hub71, Abu Dhabi’s global tech ecosystem, has accepted 16 startups to join its community. By launching operations in Abu Dhabi, the new startup cohort, which has already raised more than AED 231 million in funding, will have the opportunity to develop advanced technologies and gain access to the market, investment,...Abu Dhabi’s non-oil foreign trade in Q1 grows by 15 percent to $16.74 billion
Abu Dhabi’s non-oil foreign trade in the first quarter (Q1) of 2022 amounted to AED61.522 billion ($16.74 billion), a 15 percent increase compared to the same period of 2021. Exports grew by 35 percent in the first three months of the year compared to the same period of last year ...Food delivery drivers launch rare strike in UAE, demand pay rise
Food delivery drivers in the UAE went on strike Tuesday to demand better pay, the second such incident this month in a country where industrial action is uncommon. Many workers for Talabat, part of Germany's Delivery Hero, did not show up for their shifts, calling for a pay increase amid...Clean sources transformed UAE energy sector in a decade: ENEC chief
The UAE has proactively invested in proven clean energy and within a decade, solar and peaceful nuclear energy have delivered a transformation of the UAE’s energy sector, ensuring the nation is ahead of the curve on achieving Net Zero by 2050, said Mohamed Ibrahim Al Hammadi, Managing Director and Chief...Oil, stimulus packages revive Arab world’s growth
The growth rate of Arab economies is expected to increase to around five percent in 2022 on the back of rising oil production and its prices in the international markets.GCC central banks confront surging inflation
After the Fed Reserve raised interest rates to rein in the 40-year-high inflation, GCC members followed the suit as most of the region's currencies are pegged to the dollar.UAE’s Covid-19 response gets global plaudits
Earlier this year, the UAE rose to the top of Bloomberg’s Covid Resilience Ranking, outperforming European countries in terms of containing the spread of the pandemic




















































