Abu Dhabi, UAE -- Real estate transactions across five emirates in the UAE surged to over AED 239 billion ($65 billion) in the first quarter of 2025, underpinned by investor confidence, flexible regulations, and expanding project pipelines, official data showed. More than 94,719 sales, purchase, and mortgage deals were recorded...
Charity, humanitarian aid workers to get UAE’s Golden Visas
The visa allows residence for five to 10 years, which is automatically renewed for people in certain categories such as doctors and researchers.
UAE, Saudi Arabia realty growth trumps Covid-19
Timely preventive measures such as vaccination of frontline construction workers, embracing new technologies , financial stimulus packages, loan relaxation and other strategies dented the effects of Covid-19 on real estate sector.
UAE hosting Afghan ex-president ‘on humanitarian grounds’
Ghani fled Afghanistan on Sunday as the Taliban closed in on Kabul, before the insurgents walked into the Afghan capital unopposed
Race between UAE and Saudi Arabia heats up in logistics
The United Arab Emirates (UAE) and Saudi Arabia are engaged in a new bout of competition that could decide which of the two would eventually become the top leader in the logistics sector, in the Middle East.
Kuala Lumpur-based IILM reissues $1.25 bn short-term Sukuk
IILM's Governing Board includes the central banks and monetary agencies of UAE and Qatar as members. It is a regular issuer of short-term Ṣukūk across varying tenors and amounts to cater to the liquidity needs of institutions offering Islamic financial services.
Saudi Arabia leads GCC AI healthcare race
Experts predict AI will contribute $320 billion to the Middle East economy by 2030 and virtual care, remote patient monitoring and AI expected to account for 30 percent of hospital investment.
Green drive: Middle East bets big on renewables
To forestall the crippling effects of climate change, Saudi Arabia and the UAE have put on track projects worth billions of dollars to significantly lower emissions.
UAE halts all flights to Kabul after Taliban takeover
The United Arab Emirates has cancelled all flights to Afghanistan, after Hamid Karzai International Airport in Kabul was overrun by thousands of residents desperate to flee the capital.
UAE, Iraq moot bilateral business council
Iraq and the UAE already conduct trade that was worth around $15 billion in 2019.
Azizi Developments records 263% hike in broker registrations
The developer has strengthened and expanded its broker relationships following the introduction of its revamped channel partner strategy
Mergers, acquisitions in GCC up during pandemic
Expanding regional and global footprints, high revenues, cheap capital to invest and diversification key factors that hastened the merger processes.
Netflix rules Mideast as rivals eye content share
Arab-based platforms such as Starz Play, Wavo, and OSN have become local competitors to Netflix and gaining the ground fast as alternative sources for entertaihment.
UAE, Bahrain lead MENA’s fintech sector boom
A total of 465 fintech companies in the region are expected to raise over $2 billion in venture-capital funding, compared to nearly $80 million raised by 30 fintech firms in 2017.Shareholders okay Arkan merger
Arkan will merge with Emirates Steel by the end of this year.
Mulk JV to launch Alubond in US
The JV will launch Mulk’s Alubond brand of façade materials in the US.
UAE firms face multiple cyber attacks in a day
Cyber criminals have targeted an organization in UAE 295 times per week on an average in the last six months. Banking and finance sector bears the brunt.UAE sends 300,000 COVID-19 vaccine doses to Comoros
An aircraft loaded with the supplies, which also included 600,000 injection needles, left the UAE for Comoros on Tuesday.
Emirates ‘stewardess’ on top of Burj Khalifa
The new advertisement has gone viral on social media.MENA connectedness ranking rising: Survey
The UAE is the highest ranked in the region, and the fourth country globally, in terms of overall global connectedness.ADNOC Distribution H1 net profit $313m
Higher fuel volumes, improvement in non-fuel and commercial gross profit margin and increased operational efficiencies made in the first half of 2021 helped in delivering good results.
Dubai Chamber launches online tool to fill $10b export gaps
The launch of the tool is in line with the emirate’s new target to boost its foreign trade from around $380 billion to around $545 billion over the next five years.
Drug firms urged to seek UAE advance nod for products
This will allow health authorities a pre-study of the file to issue the marketing approval in the UAE for innovative products and rare medicines once they are approved by one of reference authorities.
Ships violating seafarers’ rights can’t enter UAE waters
The country launches 'Supporting Our Blue Army' initiative that will seafarers overcome the challenges arising out of the pandemic, travel restrictions.
Israeli foreign minister to visit Morocco
Morocco was one of four Arab states to agree last year to normalize ties with Israel, along with the United Arab Emirates, Bahrain and Sudan
Fujairah Chamber keen to foster ties with Iraqi businesses
Businessmen on both sides to exchange knowledge and ideas to create opportunities for collaboration.
UK moves UAE from red list to amber, eyes boost in travel sector
The UK government announced on Thursday that the UAE will be moved from the red to the amber list, as the situation in the country has improved. Bahrain, India and Qatar were also moved to the amber list, according to a statement issued by the UK Government.
UAE to give Covid booster shots to all double-jabbed people
The National Emergency Crisis and Disaster Management Authority (NCEMA) said on Tuesday that everyone who has had two shots of Covid vaccine already will receive a booster shot.47 metric tons of medical supplies from UAE arrive in Tunisia
The supplies that included respirators and oxygen cylinders were sent by two cargo planes.
Dubai airport expects heavy inflow of passengers as UAE eases curbs
Dubai airport is expecting a heavy inflow of passengers with the UAE’s announcement that there would be an easing of travel restrictions from African and Asian countries.
Booster shot for all fully vaccinated UAE individuals
The dose will be given three months after second dose for high risk individuals and after six months for the rest.
Gulf workers’ top data skills least utilized by employers
A survey says making full use of the analytic expertise core requirement for the Gulf to continue competing globally.
Etihad Rail inks transport deal with Western Bainoona Group
Etihad Rail will now provide rail freight services to transport construction materials from Western Bainoona Group’s facilities to its construction hubs.
UAE’s non-oil economy picks up in July, strongest in two years
Latest IHS Markit UAE PMI says firms hoped easing of COVID-19 restrictions and the Expo 2020 later this year would help to improve economic conditions in the Gulf country.UAE children aged 3-17 to receive Chinese Sinopharm vaccine
The UAE has decided to inoculate children between the ages of 3 and 17 with Chinese Covid-19 vaccine Sinopharm. Children between 12 and 15 are aleady being inoculated with the Pfizer vaccine.Services to facilitate Golden Visa for doctors in UAE launched
The long-term visa allows foreigners to work, live and study without needing an Emirati sponsor.
RAK Properties net profit rises 348% to AED120m in H1
Revenues of the UAE-based real estate firm, which is listed on the Abu Dhabi Stock Exchange, grew by 121 percent to AED265.1 million in the first half of 2021, the latest financial results have highlighted.Etihad: Flight ban from India, Pakistan may stretch beyond Aug 7
Etihad extends suspension of passenger travel from India, Pakistan, Bangladesh, Sri Lanka from Aug 2 to Aug 7.
UAE’s nuclear authority takes stock of cooperation agreements
Federal Authority for Nuclear Regulation’s Board of Management also approved MoU with the Ports, Customs and Free Zone Corporation.
Six die in UAE from Covid-19, 1,537 test positive
The country's Ministry of Health and Prevention aims to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment.
Dubai’s ‘Museum of the Future’ listed among world’s 14 most beautiful ones
The Museum of the Future, an architectural marvel that sits at the bustling heart of Dubai, is set to become a new global landmark once complete. It has been designed by Engineer Sean Keila.
UAE among world’s fastest countries in deploying 5G
The latest technology is likely to accelerate the deployment of tech solutions that enable establishment of smart cities, including smart transportation, self-driving vehicles and unmanned aircraft.Grandweld delivers second Surfer 2 boat to Abu Dhabi group
This was the second of the three boats, which Grandweld Shipyards brands as the Grand Superior, that Allianz Middle East Ship Management had ordered.UAE to set up waste-to-energy plants to get rid of trash
The United Arab Emirates is looking to construct a set of waste incinerators around the country in order to burn up two thirds of the trash.
Demand for UAE gold jewellery spikes as buyers splurge
Demand for UAE gold jewellery has vaulted 461 percent to 7.3 metric tons in the second quarter as compared to 1.3 metric tons in the same period last year.
Etisalat reports $1.2 billion net profit in H1 2021
Following the impressive performance, the UAE's leading telecommunications company said it will distribute interim dividends of 40 fils per share for the first-half of this year.China builds 1.8 km long railway tunnel in the UAE
China has finished building the longest railway tunnel anywhere in the Middle East in the United Arab Emirates. The 1.8 kilometer long is part of the second stage of Etihad Railway.
Mubadala invests $250 million in biosimulation firm Certara
The deal happened between Certara, Mubadala, and some existing shareholders of Certara, including a shareholder affiliated with EQT.India, UAE agree on extending energy relations
India's new Minister for Petroleum and Natural Gas, Hardeep Singh Puri, makes courtesy calls to his counterparts in major oil producing countries in the Gulf, including Saudi Arabia, UAE, Qatar and Kuwait.
Two die from Covid-19 as UAE reports 1,539 new cases
The country's Health Ministry says it has conducted a total of 296,686 additional COVID-19 tests using state-of-the-art medical testing equipment since Monday.
One of world’s largest carpet factories coming up in Dubai
The solar-powered facility will enable Standard Carpets to increase production capacity by 40 percent and produce and additional 400 tons of yarn per month
