The significant increase in the UAE’s industrial exports coincided with 220 new facilities commencing production in 2021, said Minister of Industry and Advanced Technology Dr Sultan bin Ahmed Al Jaber. These facilities benefit from the UAE’s strategy aimed at raising industrial sector’s contribution to the GDP from AED133 billion to...

ADNOC maintained in 2022 its position as the UAE's most valuable brand for the fourth consecutive year, according to a new report from Brand Finance, the world's leading independent brand valuation consultancy. Brand Finance also ranked Dr. Sultan bin Ahmed Al Jaber, Managing Director and Group CEO of ADNOC, number...

Steve Griessel, the new CEO of the Paramount Group will be providing strategic, financial and operational leadership to the company and will work with the Board of Directors, shareholders and senior leadership team.

Around 31 million visitors are expected to enter the UAE yearly by 2025 as the country has initiated several measures to revitalize the tourism sector, particularly eco-tourism.

Yemen's Houthi rebels were driven out of a key district by the United Arab Emirates-trained Giants Brigade, the militia said Tuesday, a day after the insurgents' latest missile attack on Abu Dhabi.

The region must urgently strengthen innovation and localization. These two make significant contribution to GDP and jobs, either directly through revenue and direct employment, or indirectly by nurturing a startup ecosystem. Governments should begin this process by identifying and prioritizing sectors that fit with the country’s resources, strengths, and strategic...

Here is a comparison between the top equity markets in the Middle East, and how they stack up against a couple of their global counterparts.

FUCCI Chairman Abdullah Mohamed Al Mazrouei signed the MoU with Marisa Xuereb, President of the Malta Chamber.

The Gulf region stays strong both regionally and globally in terms of the number of internet users and the populations with maximum number of cell phones.

The Federal Tax Authority (FTA) has called on tax registrants to benefit from the Cabinet Decision to extend the grace period to benefit from the re-determination of administrative penalties on violating tax laws.

The Israel government has approved the plan for a joint fund with the UAE for investment in high-tech firms and ideas.

The UAE air defense forces have intercepted and destroyed two ballistic missiles targeting the country, the Ministry of Defense announced on Monday. On the other hand, Houthi ballistic missiles fell on some car workshops in the Ahad Al-Masarihah governorate in the Jazan region of Saudi Arabia.

The UAE has banned the use of drones and light sports aircraft from Saturday, days after Yemen’s Houthis carried out a deadly attack in the Emirates. “The Ministry of Interior is currently stopping all flying operations for owners, practitioners and enthusiasts of drones, including drones and light sports aircraft," a...

The new UAE-based start-up is trying to instil the virtues of economy among teenagers in the region

In 2021, Triple-A estimated global crypto ownership rates at an average of 3.9 percent, with over 300 million cryptocurrency-owners and users worldwide. Over 18,000 businesses are already accepting cryptocurrency payments.

The UAE and Singapore will explore ways to enhance bilateral relations in light of the agreement signed between the two nations in 2019 that called for cooperation in investment and trade.

Deliveroo Plus allows customers to receive unlimited free delivery.

The aim of the venture is said to be to create an integrated business ecosystem to propel startups and SMEs.

"While online learning is a supplement to a broader educational experience, course enrollment statistics strongly imply that it is a vital aspect of professional growth for many, particularly busy professionals," Anthony Tattersall, VP of EMEA at Coursera, tells TRENDS.

Emirates said Thursday it will lift a suspension of flights to several US destinations in a "temporary reprieve" after the launch of 5G networks was delayed near American airports over safety fears. Flights to six destinations will resume Friday, and on Saturday services to Boston, Houston and San Francisco will...

Salem Humaid AlMarri, Deputy Director General of Mohammed Bin Rashid Space Centre (MBRSC), has been promoted as the Director General of the Centre. The decision was issued by Dubai Crown Prince and President of the Mohammed Bin Rashid Space Centre, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum. With over...

The Cabinet has approved a decision to restructure the Board of Directors of the Securities and Commodities Authority, under the chairmanship of Mohamed Ali Al Shorafa Al Hammadi. The decision is part of developing the system and workflow in the federal government in support of the UAE’s vision.

A young population, increased user spending, robust govt backing for games and e-sports and new players are poised to push the sector's growth in the region.

UAE consumers show a growing interest in natural foods, backed by the understanding that natural produce is the healthier choice, a survey has said. Nearly 60 percent of the participants agreed that the naturalness of the product influences their grocery choices, the highest of all markets, according to the survey...

In order to explore solutions for water, food, and energy challenges, the UAE, Jordan, and the Netherlands wrapped up the inaugural edition of the Water-Food-Energy (WFE) Summit.

Several countries — ranging from regional ones like Qatar, Bahrain, Kuwait, Iraq, and Egypt, to Russia and the US — have come together to condemn the attacks. US National Security Advisor Jake Sullivan has even said his country would “work with the UAE and international partners to hold [the Houthis]...

Flouting norms, massive mismanagement and lack of transparency and corporate governance have potential to take any company the Marka Holding way

The Sharjah Chamber of Commerce and Industry (SCCI) has signed a strategic cooperation agreement with the Emirates Creative Association to enhance cooperation and exchange knowledge and experiences.

Eleven people were killed in air strikes on Yemen's rebel-held capital, a witness and medical sources told AFP on Tuesday, as the Saudi-led coalition hit back after a deadly attack on Abu Dhabi.

The Russian Federation Parliament (State Duma) has strongly condemned the Houthi militia attack targeting civil facilities in the UAE yesterday.

The United Arab Emirates of which Abu Dhabi is the capital is part of a Riyadh-led military coalition that supports Yemen's government against the Iran-backed Houthi rebels, who have repeatedly targeted Saudi Arabia with cross-border strikes.

Dozens of Israeli high tech companies are keen to open units in Dubai or Abu Dhabi after Rapyd's decision to open its office in UAE. "The attraction of this option is that it can be a means for companies to lure much needed manpower that cannot be brought to Israel,"...

The official export credit agencies of the UAE and South Korea have signed an MoU to boost investments in sustainable green energy, with a focus on hydrogen production projects development and trade relations between the two countries. Under the agreement between Etihad Credit Insurance and K-SURE, the official export credit...

The world's largest known cut diamond went on public display for the first time Monday ahead of its sale, when it is expected to reach five million dollars.

The UAE and the UN have committed to further enhance collective international action to achieve the UN Sustainable Development Goals.

MoU aimed at enhancing cyber skills training in UAE schools.

The year 2022 would “offer a more comprehensive acceptance of remote working policies, as more companies are allowing employees anywhere,” Sam Tayan, head of MENA at Zoom, told TRENDS in an interview. Zoom is eyeing a big piece of the video-communication pie in these countries.

Deposits at banks in the UAE grew 80 percent to AED1,884 billion ($513 billion) in 2020 from AED1,049 billion ($285.64 billion) in 2010.

South Korea's soft power matches its economic achievements, President Moon Jae-in said on Sunday at the start of a Middle East tour expected to focus on business and trade opportunities.

The UAE and Algeria will work to further strengthen ties between the two countries, and both have shown appreciation for each other's eagerness to boost ties.

The Henley Passport Index ranks 199 passports, based on how many countries and territories their holders can travel to without needing a visa.

A 20,000 ft space, the experiential, urban food and bar hall spans across the UAE’s iconic waterfront destination The Pointe.

Located in Muharraq, Bahrain, Green Corner operates under the auspices of Sheikh Ibrahim Centre for Culture and Research.

Chaired by Sheikh Mohammed bin Rashid Al Maktoum, ruler of Dubai and Vice President, Prime Minister of the UAE, the Cabinet approved the Executive Regulations of the Federal Decree Law on Regulation of Labor Relations and the Executive Regulations of the Federal Law regarding the regulation and protection of industrial...

The UAE and Brazil have reiterated their resolve to boost bilateral relations in the light of the strategic partnership between the two countries.

The region’s coffee market growing rapidly creates new business opportunities, says Ali Al-Ebrahim, founder and CEO of COFE.

The UAE has issued a decree which seeks to obtain feedback from Emiratis on their requirements for social services, with the aim of enhancing their quality of life and strengthening neighborhood community bonds. Prime Minister of The UAE Sheikh Mohammed bin Rashid Al Maktoum issued it on Residential Neighborhood Majlises...

The Federation of Arab News Agencies (FANA) has stressed on the significance of the Palestinian cause and flayed the attempts of some agencies to block the information related to the issue. FANA approved a memo on dealing with global platforms on the conclusion of its 48th General Assembly on Wednesday,...

The UAE hosted a meeting of the Finance and Investment Committee of the Saudi-Emirati Coordination Council to discuss financial and economic cooperation between the two countries.

The UAE's Ministry of Economy has received 2,428 patent applications in 2021, an increase of 26.7 percent from 2020 when 1,917 applications were received. In 2010, a total of 1,288 applications were received, compared to 157 in 2000. The total number of industrial model requests increased by 290 percent during...