The port operator will develop a virtual trade corridor between the two countries.

UAE’s Ministry of Finance will organize a series of specialized dialogue sessions on the sidelines of the World Government Summit (WGS) 2022 to deliberate on the most prominent global financial trends and exchange global governments’ experiences and expertise. This year’s summit themed ‘Shaping the Future of Governments’ will be held...

The UAE is going to invest some $2 billion in Egypt by buying up the state-owned companies in order to shore up the country's teetering economy as hardships from the Ukraine war spike.

According to US officials, discussion over the nuclear deal with Iran and global wheat shortage caused by the Ukraine war are among the main agenda of this trip of the US Secretary of State.

Called the UAE-Türkiye Real Estate Development Construction Roundtable, it will be held on Wednesday, March 30.

For the second time since the global financial crisis, the Middle East has surpassed Europe in terms of IPOs as regional investors seek liquidity from increased oil prices.

The Abu Dhabi Stock Exchange achieved weekly gains of 1.7 percent, while that for the Dubai stock exchange was 1.9 percent.

Analysts have said that "most" of the parties to Friday's meeting in Jordan are "historic allies and friends of Washington but are linked to Moscow."

The startup is scheduled to provide its customers with an integrated package of products and services that contribute to enhancing the last-mile delivery experience.

More than ever before, wealthy expatriates in the UAE as well as the world are pursuing citizenship options elsewhere.

Etihad Credit Insurance (ECI), the UAE Federal export credit company, signed a Memorandum of Understanding (MoU) with its Dutch counterpart Atradius Dutch State Business (Atradius DSB) to boost the bilateral trade and economic relations between the UAE and the Netherlands. The bilateral meeting took place at ECI’s branch office in...

Israel said it will host a "historic summit" from Sunday of top diplomats from the United States and three Arab states with which it has normalized ties. A series of diplomatic meetings would be attended by US Secretary of State Antony Blinken and his counterparts from the UAE, Bahrain and...

Multiply Group has said that it will be investing AED367 million into the Dubai Electricity and Water Authority's (DEWA's) initial public offering as a cornerstone investor.

A similar amount was paid for the first half of 2021 in October.

This is expected to benefit over 7,100 people in the region, including 5,700 women and children.

The UAE-India CEPA will simplify customs procedures, reduce logistics cost and open new opportunities for professional services.

US Secretary of State Antony Blinken will travel to Israel, the West Bank, Morocco, and Algeria over March 26-30 to discuss the Ukraine war, Israeli-Palestinian relations, the Iran nuclear deal, and gas from Algeria, among other things, the US State Department has announced.

Four Gulf Arab central banks followed in the footsteps of the US Federal Reserve and raised interest rates by a quarter percentage point for the first time since 2018.

The UAE’s first mountain nature reserve, Fujairah’s Wadi Wurayah National Park, WWNP, has been put on the UAE’s tentative list of nominations for UNESCO World Heritage Site status. The nomination has been submitted to UNESCO’S World Heritage Centre for assessment on the basis of the Outstanding Universal Value, OUV, of...

Anwar Gargash, Diplomatic Adviser to the UAE President, discussed cooperation relations with the ambassadors of the member states of the Association of Southeast Asian Nations (ASEAN) accredited to the UAE. The meeting also reviewed the friendship between the UAE and ASEAN countries and ways to develop them across various fields...

The firm plans to produce 30m hatching eggs by 2023 from 11m in 2021.

During the meeting, prospects for collaboration between private sector institutions in the countries and ways to enhance them were reviewed.

The emirate's Virtual Asset Regulatory Authority governs cryptocurrency trade through a comprehensive set of legislations and globally applicable policy frameworks.

Iran's top diplomat on Wednesday welcomed efforts to "normalize relations" between some Arab countries and Syria, days after President Bashar al-Assad made a surprise visit to the UAE. Foreign Minister Hossein Amir-Abdollahian made the remarks on a visit to Damascus during which he met Assad.

ADQ of Abu Dhabi has partnered with Turkey Wealth Fund to launch Turkey Technology Fund that will invest in venture capital funds and high-growth potential companies in Turkey.

Saudi Arabia accounted for 22 percent of GCC investments to Latin America during 2016-2021, followed by Qatar with 1 percent.

It is hard to balance sustainable developments and what people want in the market, especially when it comes to pricing, Zazen One CEO Madhav Dar tells TRENDS.

Egypt hosted the Israeli and UAE leaders for unprecedented three-way talks Tuesday as the Ukraine war rocks energy and food markets and major powers inch toward a revived Iran nuclear deal. The summit was held between Egypt's President al-Sisi, Israeli PM Naftali Bennett and Abu Dhabi Crown Prince Mohammed bin...

The Sharjah Debt Settlement Committee (SDSC) approved an amount of AED63.11 million ($17.18m), to settle 120 cases of citizens' debts.

The FCCI is keen to enhance cooperation with MÜSİAD and utilize the momentum provided by Expo to intensify relations between the two sides.

The Cabinet approved the UAE System for Crowdfunding Platform Operators, stressing that the Securities and Commodities Authority (SCA) will be responsible for the regulation governing the activities of crowdfunding platform operators.

Expansion into 10 new countries MENA countries strong driver for growth.

Four of the six GCC members feature within the top 50 of the World Happiness Report, and are atop the rankings among the Arab countries.

ChequeScore is an app released by the UAE government-owned Al Etihad Credit Bureau, and can predict the possibility of a cheque bouncing.

The plea by Japan's Foreign Minister Yoshimasa Hayashi came during meetings with Emirati officials which coincided with a visit by Germany's economy minister.

A surprise visit by Syria's Bashar al-Assad to the oil-rich United Arab Emirates opens the door to his isolated regime's return to the embrace of the Arab world, analysts say. The president's trip also showed that a more assertive UAE is willing to upset its ally Washington with a rapprochement...

Assad's surprise trip on Friday was his first official visit to an Arab country since civil war erupted in his country in 2011.

After a week of losses, the Saudi index posted 0.9 percent increase even as the uncertainty spurred by the Ukraine conflict continued to weigh on the capital markets across the globe.

Arab countries that offer electronic passports include Saudi Arabia, UAE, Qatar, Oman, Lebanon, Algeria, Kuwait, Morocco, Comoros, Djibouti, Mauritania, Somalia and Sudan. Countries in the region that don't have a microchip in their passports include Bahrain, Egypt, Iraq, Jordan, Libya, the Palestinian territories, Syria, Tunisia and Yemen.

The growth attributed to increased market share in key operating regions.

UAE lauded the UN Security Council's decision to list the Houthi militias as a terrorist organisation.

The retail electronics sector has proliferated in GCC countries, with demand rising not only due to the urge to own the latest technologies but also because more and more people are working and learning from home, he adds. Dubai Chamber, meanwhile, has claimed ecommerce businesses might generate up to $8...

An Emirati cargo ship sank in Gulf waters off Iran, triggering a search and rescue operation in heavy seas Thursday which recovered all but one of its 30 crew, Iranian media reported. "All but one of the 30 crew members have been rescued," the crisis management director for Bushehr province...

The new rates are said to be effective from Thursday, March 17.

Israel is to launch direct flights to Sharm el-Sheikh on Egypt's Red Sea coast next month, in an expansion of air links between the two countries, officials said Wednesday. "The route from Ben Gurion International Airport to Sharm el-Sheikh will open soon. Flights are expected to begin during the intermediate...

This comes as Etisalat aims to expand its footprint in Saudi Arabia.

British Prime Minister Boris Johnson met with oil-rich Saudi Arabia's Crown Prince Mohammed bin Salman to lobby for higher production after Russia's invasion of Ukraine sent markets into turmoil. Johnson spoke with Prince Mohammed after talks with Abu Dhabi Crown Prince Mohammed bin Zayed in the United Arab Emirates.

GCC companies should work closely with digital and software companies to expedite digital transformation, says Fahad Al Hassawi, CEO of du, in an exclusive interview with TRENDS.

UAE’s estimated insurance expenditure reached more than AED8 billion ($2.17 billion) in 2021 an increase of AED499.4 million in comparison to 2020, according to General Pension and Social Security Authority (GPSSA). The total insurance expenditures disbursed to pensioners, beneficiaries (dependents of pensioners) and insured (contributors) affiliated with GPSSA in 2021...

Emirates NBD has taken the lead in supporting upcoming initial public offerings (IPOs) on the Dubai Financial Market (DFM) with the launch of an end-to-end IPO subscription website for individual investors. The initiative is aligned to the recent announcement by Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler...