The deal, which is subject to regulatory approvals, is likely to be completed in the second half of this year
As global markets navigate economic uncertainty, Dubai’s growing real estate market is proving to be a safe haven in times of turbulence
Dubai led prime residential capital value growth, increasing 17.4 per cent in 2023, versus the average 2.2 per cent across the 30 cities monitored by Savills
Revenue growth was driven by the Maritime & Shipping (M&S), Ports, Logistics, and Digital Clusters, with M&S contributing the most
Three customers depositing at least Dhs500,000 into their current or savings accounts have the opportunity to win Dhs1m each
Global leaders in sectors such as space, entertainment and tech will speak on Day 3 of the World Governments Summit
Despite global economic fluctuations, non-oil trade between the two countries remained robust, reaching $38.1bn in the first nine months of 2023
The group’s balance sheet remains resilient with Dhs140.4bn in assets and a strong cash position of Dhs20.2bn
The company’s board proposed a final cash dividend of 2.0 fils per share (approximately Dhs2.2bn), including a variable dividend of 0.7 fils
OPEC raised its world oil demand forecasts for the medium and long term in its annual outlook published in October
The two countries also signed a bilateral investment treaty and exchanged cooperation agreements covering electrical interconnection, trade, and digital infrastructure
Anastasiia and Dmitry scaled the roof of Concourse B at DXB to profess their love against the unparalleled views of the Dubai skyline
Romantics in the UAE choose to celebrate Valentine’s Day by embracing experiences over traditional gifts
ZEEKR’s premium models will be available for test drives and bookings starting from March
Air Arabia transported 16.7 million passengers, a 31 per cent growth over 2022, which saw 12.8 million passengers travel with the airline
The service had long been available on the Dubai Police app and website, but motorists were previously required to bring their vehicles for inspection
The Ramadan-themed event is expected to held from March 9 to April 8 this year
Sam Altman, the CEO of the world’s most well-known AI company, made a virtual appearance at the World Governments Summit in the UAE
The Indian leader has a packed itinerary during his visit where he is scheduled to hold bilateral talks with the UAE leadership, attend the World Governments Summit, and inaugurate a temple
The newly launched platform serves as a channel for countries worldwide to tap into the UAE’s technological expertise
The platform currently links 108 out of 120 Arab banks signed up, with a target of 160 by the end of 2024
The agreements seek to eliminate double taxation, additional taxes, indirect taxes, and tax evasion while addressing cross-border trade challenges
Dubai Municipality, which leads the project, has partnered with ENOC, BESIX Middle East, and Marubeni Middle East and Africa Power
As conversation heats up over the energy transition, Qasem Noureddin, commercial director, Eaton Middle East, examines why circular economy thinking will be increasingly influential in the electrical industry
The vertical farm uses 90-95 per cent less water than conventional farms
While Aramex’s international express unit witnessed remarkable growth in shipment volumes and revenue, other business segments experienced softer performance
These measures are part of the authorities’ preparations to manage traffic congestion and ensure public safety during the designated period
The National Centre of Meteorology has issued weather advisories covering a significant portion of the country until noon on Tuesday
Etihad Airways is starting to ramp up its operations as a post-Covid tailwind drives passenger growth
A dedicated specialist will conduct a comprehensive review of the applicants’ business followed by the joint steering committee’s review for inclusion in the initiative