The Institute of International Finance (IIF) said that the UAE economy is rebounding from its deepest downturn in decades as oil prices recover and the country’s accelerated vaccination policy has allowed a broad-based reopening of sectors.

CBUAE and ADGM will collaborate on the development and growth of the FinTech ecosystem in the UAE.

FAB is the first bank in the UAE and GCC to join the NZBA.

The deposits rose to AED1,928.7 billion at the end of August from AED1,915.1 billion at the end of July.

The cabinet also approved the 2022 budget, which calls for spending of AED 58.931 billion ($16.05 billion).

Accenture created integrated intelligent systems for Expo teams, nations, vendors and supplier, says Angelo Lorusso, the company's MD and Client Account Lead for Expo 2020.

For the tenth consecutive year, Arab youth have said the UAE is the country they would like to live in the most and the one they would like their own countries to emulate, according to a survey. The 13th Annual ASDA’A BCW Arab Youth Survey, conducted this year by global...

Jared Kushner, a former White House adviser married to Ivanka Trump, was a major architect of the deals between Israel and the United Arab Emirates, Bahrain, Sudan and Morocco.

Qatar and Saudi Arabia lead the GCC countries when it comes to spending on education.

The General Civil Aviation Authority (GCAA) has announced that the average aviation activity in the country rose from 1,238 flights at the end of 2020 to 1,538 flights in September 2021, an increase of some 24.5 percent.

Arada has launched the second residential phase of Masaar.

The non-oil trade between the UAE and Mexico totaling $1.3 billion in 2020 demonstrates a strong partnership between the two countries, said Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade. Al Zeyoudi said the trade ties between the two countries highlighted a collaboration "founded on...

The Dolphin Gas Project, a natural gas pipeline to transport Qatari natural gas to the United Arab Emirates and Oman is set to receive $3 billion in financing.

Mobile phone users in the Gulf country are currently allowed to use the internet-enabled video and audio calls only through BOTIM app.

The United Arab Emirates is followed by Qatar (60), Kuwait (61), Bahrain (69) and Oman (71) on the Henley Passport Index that covers 227 travel destinations.

Saudi Arabia is planning to invest US$36bn in logistics and aims to become a regional hub for the shipping sector, a position enjoyed by the UAE for many years.

President Sheikh Al Nahyan decrees that all ministries, government authorities and institutions should make these 10 Principles as guidelines in their directives and decisions. They should also work the implementation of these principles through their plans and strategies.

 The United Arab Emirates will aim to achieve net-zero emissions by 2050, a plan commensurate with the country’s 2050 Strategic Initiative. It will make the UAE the first country in the whole of MENA region to take such action.

Before the pandemic, around 75 percent of the tourist traffic between Brazil and the Middle East were to and from the UAE, and new direct flights from the UAE to Brazil’s Amazon and the Northeast regions are expected to reattain that traffic.

Brazil's tourism minister has said the country is planning to attract about a million tourists from the Middle East in the next three years by launching more direct flights from the UAE to the Amazon and the northeast regions. Before the pandemic, around 75 percent of the tourist traffic between...

It is the Emirate’s goal to meet three-fourths of its energy requirements with clean sources, which would make it a global hub for clean energy and a green economy

The MoU was signed at the WETEX and Dubai Solar Show.

The national drive aims to achieve net-zero emissions by 2050, making the UAE the first MENA to do so.

The UAE continues to enjoy high financial solvency as well as a strong credit profile, minister of finance Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum said on Thursday. The statement of Al Maktoum, who is also the Deputy Ruler of Dubai and Deputy Prime Minister, comes as the Ministry...

In terms of re-exports, DAFZA grew 24 percent to total AED40.8 billion, representing 20.5 percent of Dubai's total non-oil foreign trade.

The memorable landmark was conceived as a minimalistic prism that rises from the ground towards the sky, symbolizing Saudi Arabia's unlimited ambitions.

The region is also fast adopting modern agricultural practices such as vertical farming, hydroponics, greenhouse vegetable production to grow more food locally. Indoor vertical farming is changing the course of agriculture in the GCC and helping to improve food security in the region.

The diplomatic relations between the two countries have shown a fair degree of warmth in recent months, after a few years of frost and unfriendliness. 

BitOasis, the UAE-based crypto trading platform, has obtained $30 million in funding, and intends to use the capital to expand its footprint across the MENA region.

The UAE recorded fewer than 200 new cases of Covid this month, the lowest figure since Aug 2020. While life in the emirates has largely returned to normal, masks and social distancing rules remain in force. Heavily reliant on tourism, Dubai was one of the first destinations to reopen its...

Dana Gas, the UAE-based natural gas company, has seen its earnings double from its operations in Egypt and Iraqi Kurdistan so far this year.

DUBAI: The UAE on Tuesday announced a new Federal Authority for Identity, Citizenship, Customs and Ports Security, which will be responsible for regulating the affairs of citizenship, passports, entry and residence of foreigners in the country. Its other responsibilities include promoting ports, borders and free zones' security, raising their efficiency...

Entities registered with the Abu Dhabi Global Market or ADGM will now be able to offer and list shares on UAE capital markets.

KUWAIT: A delegation from the Federation of UAE Chambers of Commerce and Industry and officials of the Kuwait Chamber of Commerce and Industry have discussed ways of boosting cooperation and promoting investment opportunities in the two countries. The discussion happened at a meeting attended by Abdullah Mohamed Al Mazrouei, Chairman...

DUBAI: Etihad Credit Insurance (ECI), a UAE Federal export credit company, and Bpifrance Assurance Export, a French export credit agency, have signed a reinsurance agreement to increase joint Emirati and French projects globally. The two agencies will work towards pursuing strategic collaboration in areas such as exploration of mutual opportunities...

Data analysts are already helping businesses set marketing strategies, explains Jadd Elliot Dib, founder and CEO of Pangaea X.

A photo of Saudi Crown Prince with the Qatari emir and the UAE's security adviser shows youthful, physically fit leaders enjoying a friendly, informal get-together, writes Ali Shihabi

The United Arab Emirates will launch a spacecraft to explore a major asteroid belt between Mars and Jupiter, officials said Tuesday, after a UAE probe reached the red planet early this year.

Bahrain plans to double its VAT rate to 10 percent, which is likely to drive its citizens to shop in the neighboring United Arab Emirates.

Nearly two years after it set up a base in Bahrain, Amazon Web Services (AWS) has widened its footprint beyond the country and established AWS Region in the United Arab Emirates.

Bidfood UAE is part of the Bidcorp Group, and has officially been chosen to distribute the Impossible Burger across the UAE.

Companies in the United Arab Emirates are looking to increase their revenues by as much as 50 percent and recruit more staff in the next 12 months as the economy shows signs of rebound from the Covid pandemic.

UAE Minister of State Ahmed Ali Al Sayegh recently met with Australian Minister for Trade, Tourism and Investment Dan Tehan for discussions.

Fertiglobe is a fertilizer partnership of Adnoc and OCI.

The law to include features of gold-standard data protection regulations such as Europe's GDPR (General Data Protection Regulation), the UK's Data Protection Act, the DIFC's Data Protection Regulation and the ADGM's Data Protection Regulation.

The Arab countries have their own share in terms of investment in innovations with the UAE and Saudi Arabia leading from the front, a latest report has pointed out.

The Central Bank of the United Arab Emirates has penalized six exchange houses for flouting rules to combat money laundering and illicit financial flows.

Raging political crises across the region have negatively impacted the economies of several countries. Consequently, spending on research has barely increased since 2014.

Tropical Cyclone Shaheen bore down on Oman on Sunday, killing at least three people, and authorities urged residents to evacuate coastal areas and delayed flights to and from the capital, Muscat. The UAE assured the readiness of all state agencies to monitor weather conditions and follow up on the latest...

The United Arab Emirates Expert Group for Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) has continued to hold productive meetings with key partners to discuss AML/CFT matters.