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Russia’s Vladimir Putin officially welcomes UAE, Saudi into BRICS

Two GCC nations, the United Arab Emirates and Saudi Arabia, are now formally part of the BRICS bloc

two poke bowls - packaging

Fast-food chains: 9 steps to making the switch to sustainable packaging

The transition to a green economy is already underway and the food industry can play its part by switching to green and eco-friendly packaging materials

MoHRE’s Emiratisation targets on midsize firms goes into effect

UAE’s Emiratisation targets on midsize firms goes into effect

Companies that fail to meet the new Emiratisation targets in 2024 face Dhs96,000 for each Emirati not hired

Dubai Financial Market Company

Dubai financial frenzy: Surge as investor accounts hit new record

A major uptick in investor accounts have been recorded on the Dubai Financial Market (DFM), helped by interest in the Dubai Taxi IPO

WATCH: Dubai’s Burj Khalifa illuminates sky with dazzling NYE fireworks

Dubai, once again, didn’t disappoint as it put on yet another fantastic show to ring in the New Year

Abu Dhabi’s non-oil growth surges 7.7% in Q3 2023

Abu Dhabi’s non-oil growth surges 7.7% in Q3 2023

The financial and insurance sector grew by 14.4 per cent YoY and the value-added by the industry surged to Dhs18.7bn

UAE announces fuel prices for January 2024

UAE slashes petrol, diesel prices for January 2024

The fuel price committee has reduced the retail rates for Super 98, Special 95, and E-Plus 91 for January

Dubai, Abu Dhabi stocks gain on last trading day of 2023

Stocks on both the Dubai and Abu Dhabi bourses edged up on the last trading day of the year

Dubai UAE

Dubai NYE bashes: From Dhs5,000 Nando’s to Dhs10k at Trove

If you’re looking for pricey places to ring in 2024, then Dubai is the place to be

ADNH, Marriott partner to operate 3 former Emaar hotels

These 3 former Emaar hotels to be rebranded under Marriott

Marriott will operate the three properties under the banners of JW Marriott and Autograph Collection Hotels effective January 1, 2024

millet

Food, beverage is UAE’s second biggest sector after oil – report

The UAE’s food and beverage sector is going from strength to strength, according to report released by a body representing the industry

E concludes CEPA talks with Congo-Brazzaville

UAE concludes CEPA negotiations with Congo-Brazzaville

The trade deal builds on growing bilateral cooperation between the two countries, which saw non-oil trade hit a record $2.1bn in H1 2023

luxury real estate in Dubai. Palm Jumeirah, Dubai, United Arab Emirates

Dubai, Abu Dhabi real estate deals surged over 56% in 2023

Deal flow in the emirates of Dubai and Abu Dhabi have surged in 2023 on the back of extremely strong demand for the year

UAE introduces law to regulate short-term credit facilities

UAE sets out legislation to regulate buy-now-pay-later credit

BNPL fintech firms can provide short-term credit services upon being licenced by the central bank as restricted licence finance companies

Dubai unveils comprehensive New Year’s Eve safety plan

Dubai announces New Year’s Eve road closures, metro timings

The events committee said a total of 11,972 personnel and 1,525 patrols and civil defence and ambulance vehicles will be deployed around the city

How Archer aims to revolutionise travel in the UAE

Flying Taxis: How Archer aims to revolutionise travel in the UAE

Nikhil Goel, chief commercial officer of Archer Aviation, showcases how the company is leveraging the strong global demand and its robust ecosystem to revolutionise urban air mobility

AD Ports Group to operate Egypt’s Safaga terminal

AD Ports signs concession deal to operate Egypt’s Safaga terminal

The 810,000 square metre project will have a dock length of 1,100 metres and a depth of 17 metres

Sharjah bans New Year’s Eve fireworks display

Sharjah bans New Year’s Eve fireworks in solidarity with Gaza

The decision was announced in a Facebook post and legal measures would be taken against those found violating the ban.

UAE to announce petrol, diesel prices for January soon

UPDATED: UAE announces petrol, diesel prices for January

The fuel price committee reduced the retail rates for Super 98, Special 95, and E-Plus 91 by as much as 0.7 fils per litre in December

Masdar

Top marks for GCC nations in digital connectivity index

Countries in the GCC are ranking among the highest in the world when it comes to the state of their digital connectivity in 2023

New UAE corporate tax decisions issued by MoF for free zones - for illustrative-purposes-GettyImages-124638324

Tax rules clarified for UAE entrepreneurs earning over Dhs1 million

Any individuals earning over Dhs1 million per year through their business activities will need to register for corporate tax and appropriately declare their income

RTA to build 762 bus shelters in Dubai by 2025

RTA to construct 762 bus shelters in key Dubai areas by 2025

The transport authority is exploring the use of 3D printing technology in the construction of some shelters on a trial base

Dubai approves Dh152m bonus for govt workers

Dubai approves Dhs152m bonus for government employees

Sheikh Hamdan said the bonus underscored the government’s commitment to fostering an environment that nurtures creativity and commitment among employees

Key trade deal brings UAE, Mauritius closer together

The UAE and Mauritius, in first-of-their-kind negotiations, are set to boost each other’s economies in years to come with key trade deals in the pipeline

uae currency dirhams

Strong cash flows for UAE stocks in Christmas Day trade

UAE stocks in Dubai and Abu Dhabi recorded strong cash flows on Monday, surpassing Dhs1bn in market liquidity

Institutional investors were hungry for Dubai, Abu Dhabi Stocks in 2023

Institutional investors dominated the UAE equity market in 2023, capturing nearly 78 per cent of total trading activity on the Dubai and Abu Dhabi bourses

Wizz Air Abu Dhabi carries 3 million passengers in 2023

Wizz Air Abu Dhabi carries 3 million passengers in 2023

The budget carrier operated more than 15,000 flights and carried three million passengers

Red Sea shipping

Oil eased ahead of Christmas break on possible future Angola output increase

Brent crude oil futures fell 32 cents, or 0.4 per cent, to settle at $79.07 a barrel

Sam Altman of OpenAI search

OpenAI in talks to raise new funding at $100bn valuation

The terms, valuation and timing of the funding round have not yet been finalised and could still change

gratuity - pension - end-of-service

UAE’s new end-of-service benefits scheme for employees: Why should you switch?

Hear from an expert on the UAE’s newly implemented end-of-service benefits scheme