The budget maintains a balance between income and spending, with both revenues and expenditures approved at $19.6bn (Dhs71.5bn)
The exponential rise of branded residences is impressive when you consider the figures: there are over 120 developments that can be classed as ‘branded residences’ in the UAE, compared to 69 in 2022
The deal builds on robust UAE-Jordan economic ties, with non-oil trade reaching over $4.2bn in 2023
The UAE’s new VAT updates will impact several sectors, with investment fund management and virtual assets receiving key exemptions
This agreement is poised to deepen trade ties and investment opportunities, focusing on priority industries, creating jobs, and bolstering supply chains
We look at measures that businesses can take to mitigate three common types of fraud that become more prevalent during peak shopping periods
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
UAE energy minister said OPEC+ has sacrificed more than others but the critical element is that it is staying together
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
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 UAE and Ghana are also members of the Forest and Climate Leaders Partnership, further emphasising their commitment to global climate and biodiversity efforts
These developments reflect a robust economic landscape in the UAE, characterised by a solid banking sector and increasing investor confidence
The band has broken records at venues worldwide, praised for their high-energy performances and sustainability efforts
The company will look at potential new opportunities with current partners, such as Endesa and Iberdrola
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
ADQ is fully owned by the Abu Dhabi government, which holds more than 90 per cent of the United Arab Emirates’ oil reserves
The Abu Dhabi centre will collaborate with Microsoft’s global network of development centres to develop solutions in AI, cloud computing, and advanced cybersecurity
The emergence of these startups is not only indicative of individual success but also highlights the broader trends shaping the UAE’s economic environment
The two leaders reviewed various aspects of the longstanding bilateral ties, particularly in the fields of trade and investment, the economy, advanced technology and renewable energy
Announced during the 79th United Nations General Assembly, the initiative seeks to elevate the climate ambitions of these nations and drive urgent action on sustainability
The space firm will create advanced facilities for designing, building, testing, and integrating various satellite components
The ministry’s efforts to strengthen the local currency bond market and diversify funding sources are crucial in fostering a stable financial landscape
Ahmed Obaid Al Qaseer says Shurooq is harnessing Sharjah’s cultural heritage, while implementing initiatives that boost tourism and investment
The platform addresses common challenges in the M&A process, such as high costs and fragmented service models, streamlined, and cost-effective alternative
The partnership aims to enhance transparency, efficiency and security within the commodities market, benefitting stakeholders across the globe
Dubai Police’s female land rescue team consists of 18 non-commissioned officers
Egypt has been seeking large-scale investments as it tries to overcome a long-running economic crisis that led to record inflation