The project is expected to create significant job opportunities, attract further foreign investment, and contribute to the North African country’s tourism and economic growth potential
An exit from the grey list marks a swift turnaround for the UAE, which was initially added to the list of jurisdictions under increased monitoring in March 2022
The NCM has forecast overcast conditions along with intermittent rain showers due to a developing weather system in the seas
The electric carmaker will offer the G6 and G9 SUV models in UAE from Q3 2024
in5 has incubated about 900 startups since its inception, and its tech-focused vertical is currently home to 270 active startups
Wakim leads operations across all of Bloom Holding’s companies, including real estate, education investments, and hospitality
DXB is poised for continued growth in 2024, with initial forecasts anticipating 88.8 million guests
The country has initiated a raft of bilateral trade, investment and cooperation deals with several fast-growing economies
Yves Bruggisser, equity partner and Head of Zone Middle East Pictet Wealth Management tells us that the UAE is at the heart of a networking hub that attracts innovation and ambition
Three customers depositing at least Dhs500,000 into their current or savings accounts have the opportunity to win Dhs1m each
Past and future UN climate conference hosts the UAE, Azerbaijan and Brazil announced a “troika” with an aim to keep the goal of limiting global warming to 1.5 degrees Celsius, alive
The two countries also signed a bilateral investment treaty and exchanged cooperation agreements covering electrical interconnection, trade, and digital infrastructure
ZEEKR’s premium models will be available for test drives and bookings starting from March
The newly launched platform serves as a channel for countries worldwide to tap into the UAE’s technological expertise
The agreements seek to eliminate double taxation, additional taxes, indirect taxes, and tax evasion while addressing cross-border trade challenges
The adverse weather conditions are attributed to a surface low-pressure system extending from the southwest, accompanied by humid south-easterly winds
The meteorological authority has issued an advisory urging residents to observe safety protocols, particularly in areas prone to heavy rainfall
Investors have valued the San Francisco-based startup at more than $80bn
The agreement is expected to boost trade and investment flows in priority sectors such as logistics, infrastructure, travel, tourism, and renewable energy
The solution is expected to be a great addition to Maqta Gateway’s in-house single window offering for ports’ digitalisation
The Magic V2 comes with all the bells and whistles expected of a premium phone
The announcement reaffirms the nation’s commitment to establishing a sustainable and prosperous future for its people
The kingdom of Saudi Arabia is said to be still considering an invitation to join the expanding economic bloc
OPEC oil output in January registered the biggest monthly drop since July, as several members implemented new voluntary production cuts
Dubai lives up to its reputation as the ‘City of Gold’, hosting 72,500 millionaires, 212 of whom are centi-millionaires and 15 billionaires
The survey revealed that the UAE’s job market is seeing a growing demand for digital skills, with IT being considered the leading industry for potential growth
Facilitated through the multi-CBDC platform ‘mBridge’, the transaction utilised central bank-mandated digital currencies for international fund transfers
Motorists driving below 120km/h on the first two lanes of the four-lane highway will be fined Dhs400
The UNCTAD report’s sectoral analysis for 2023 showed an uptick in project numbers in sectors that rely heavily on global value chains, including automotive, textiles, machinery and electronics
The Shariah-compliant bank’s net operating revenues rose by 11 per cent YoY to reach Dhs11.7bn, while operating profit stood at Dhs8.5bn