According to CBUAE, the insurance sector’s growth was driven by increased policy activity, investment returns, and a rising demand for coverage in key areas such as property and employment
The company’s valuation has risen from $14bn in 2021 to $157bn as it grew revenue from zero to $3.6bn
The Dubai aircraft leasing firm had valued its claim for 22 aircraft, one engine and one piece of equipment at $737.8m
Globally, the fashion industry has pivoted towards a more sustainable approach and that’s translated to the Middle East retail environment, says the founder and president of the luxury retailer
The finance and insurance sector registered a record 13.4 per cent growth in Q2 2024, contributing 7.4 per cent to the GDP
The hub has a user-friendly digital interface, which centralises information, tools, and guidelines, making access to intellectual property resources more straightforward
The commercial asset features five interconnected blocks offering a gross leasable area of 370,761 square feet
The deal marks a cornerstone for ADNOC’s plans to grow its petrochemicals business along with gas and renewable energy
The rainfall comes amid the National Centre of Meteorology having issued yellow and orange warnings for parts of the Emirates
The fuel price committee reduced retail prices for Super 98, Special 95, and E-Plus 91 by as much as 0.24 fils per litre in October
The reopening of the Northern Runway will allow Zayed International Airport to more effectively manage increasing airline demand
The partnership will focus on developing and commercialising AI and data analytics solutions for the trade of goods in the maritime sector
The catering firm is offering 9 billion shares, representing 40 per cent of the company’s total issued share capital
Taxable persons incorporated on or after June 1, 2023, with tax periods ending on or before February 29, 2024, now have until December 31 to fulfill their corporate tax obligations
The alliance aims to foster collaboration among companies to develop decarbonisation strategies aligned with national net-zero commitments
The projection comes from an exclusive study conducted by Dubai Design District (d3) and Dubai Media City, in partnership with global digital consultancy Monstarlab
These developments reflect a robust economic landscape in the UAE, characterised by a solid banking sector and increasing investor confidence
The facility, the largest of its kind in the Middle East, will boost advanced manufacturing and meet the surging demand for artificial quartz
Themed “Gathering Leaders for Progress with AI-Driven Digitalisation”, the event witnessed strategic partnerships and discussions on the future of AI, 5G, cloud computing and smart cities
Dubai Maritime City’s ship handling capacity more than doubled from 400 to 1,000 vessels per year
Join Golf Digest on October 18 for this one-of-a-kind golfing experience with tasty treats both on and off course to keep you going
The band has broken records at venues worldwide, praised for their high-energy performances and sustainability efforts
During the meeting, UAE President Sheikh Mohamed bin Zayed Al Nahyan highlighted the long-standing ties between the UAE and the US
The company will look at potential new opportunities with current partners, such as Endesa and Iberdrola
Standing over 80 stories high, the luxurious property will feature more than 1,000 rooms and suites
The Onshore Block 2 concession in Al Dhafra covers an area of 7,320 square kilometres, with PETRONAS holding 100 per cent of the exploration rights
The trade agreement will remove tariffs on about 98.5 per cent of New Zealand’s exports immediately upon implementation
The RTA is showcasing its plans for the Dubai Metro Blue Line project at InnoTrans 2024 in Berlin.
UAE President Sheikh Mohamed bin Zayed Al Nahyan met with US Commerce Secretary Gina Raimondo to discuss expanding bilateral collaboration.
From later this year, the ride-hailing firm’s users in Abu Dhabi will be able to book a ride in a robotaxi