#2023

UAE insurance sector reports profits of Dhs2.5bn in 2023: CBUAE

UAE insurance sector reports Dhs2.5bn in profits in 2023: CBUAE

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

Bahrain attracts recordbreaking FDI flows in 2023 Getty-Images-1471641887

Bahrain attracted record FDI inflows of $6.8bn in 2023

The top countries contributing to Bahrain’s FDI stocks as part of a diverse portfolio include Kuwait, Saudi Arabia and the UAE

Dubai D33 agenda on track, GDP growth rises 3.3% from Jan-Sep 2023

Accommodation and food services activities witnessed a strong 11.1 per cent growth in the first nine months of the year

sheikh Zayed Festival NYE Fireworks display Image courtesy Sheikh Zayed Festival

Sheikh Zayed Festival 2023-24: Free bus services, shows and fireworks on offer

The festival runs from 4pm until midnight daily, and until 1am on weekends and public holidays

Dubai - Millionaire city

Emaar nine-month net profit sees 43% hike bolstered by property sales

Emaar Development’s net profit for the first nine months of the year touched Dhs4.1bn ($1.1bn)

World Cities Culture Summit 2024 to be hosted by Dubai Image Dubai Media Office

Dubai to host, organise World Cities Culture Summit 2024

Over the last decade, the World Cities Culture Forum network has grown to 40 global cities spanning six continents, collectively representing 172 million people

Abu Dhabi Airport Midfield Terminal Building to open in November Image Abu Dhabi Airports

Abu Dhabi: Midfield Terminal Building to open soon, will boost AUH’s capacity

The new state-of-the-art terminal is scheduled to open in November this year

Emirati women's day Aug 28 Image WAM

Sheikha Fatima launches National Strategy for Empowerment of Emirati Women in UAE for 2023-2031

The strategy will develop the legislative and regulatory environment that supports and enables women’s quality of life

15 cool startups joining hub71 in 2023 as part of its first cohort Image Hub71

These 15 innovative startups are set to join Abu Dhabi’s Hub71 this year

The startups, part of Hub71’s first cohort of the year, originate from the UAE, US, New Zealand, Egypt, the Netherlands and the UK

Arabian Travel Market Dubai 2023 Photo WAM

Arabian Travel Market 2023 starts on May 1

For the first time, Arabian Travel Market 2023 will feature a Sustainability Hub, which will offer a venue for sessions dedicated to the latest sustainable travel trends and innovations

Abu Dhabi to welcome more visistors photo WAM DCT Abu Dhabi

Abu Dhabi to welcome more than 24 million visitors this year

Abu Dhabi welcomed 18 million visitors in 2022, which is a 13 per cent increase from the previous year

Emirates AIrline Festival of Literature is back

Emirates Airline Festival of Literature celebrates its 15th anniversary

Considered among the world’s top 10 literary events, the latest edition of the festival will see the return of authors, who’ve graced the festival over 15 years, as well as a great line-up of new writers, workshops and interactive sessions  

UAE President announces 2023 as ‘Year of Sustainability'

UAE President announces 2023 as ‘Year of Sustainability’

The announcement follows the Abu Dhabi Sustainability Week, which concluded on January 19

UAE announces list of public holidays for 2023

The UAE cabinet shared a list of holidays for public and private sectors

UAE cabinet meeting 2023 courtesy Dubai Media Office

Sheikh Mohammed chairs year’s first UAE Cabinet meeting, approves govt’s top five priorities

The priorities include establishing the national identity, enhancing sustainability, developing the educational system, accelerating Emiratisation, and expanding international economic partnerships

Ben Crompton is the managing partner of Crompton Partners

The outlook for Abu Dhabi’s real estate sector in 2023

Abu Dhabi can expect to see modest single-digit growth in property valuations and rents across most sectors

etihad airways adds flights to shanghai as travel demand to and from china grows

UAE’s Etihad Airways to increase flights to Shanghai from February 2023

Eihad Airways has add a second weekly passenger service to Shanghai following the further relaxation of Covid-related travel measures

musafir travel trends 2023 -e1607842665376

International travel to see steeper growth in 2023, predicts Musafir.com

The average annual business travel spend of SMEs in the UAE is expected to grow by 15-20 per cent in 2023

global economy

World economy headed for a recession in 2023: CEBR

The global economy surpassed $100tn for the first time in 2022, but will stall in 2023, the British consultancy said in its annual World Economic League Table