The East African nation is seeking to diversify its sources of financing
The report, launched at GITEX Global 2024, found that Microsoft, its ecosystem and IT departments in customer companies will add 41,800 new skilled IT jobs into the UAE economy between 2024-28
The fund’s investment will provide fresh capital, allowing Odeabank to leverage opportunities within the wider group
The establishment of the UAE-hosted Regional Center of Excellence aims to contribute to global efforts to combat food insecurity and improve sustainability
Among the agreements signed at Global Rail 2024, an MoU was inked with Presight AI to explore AI-driven solutions across Etihad Rail’s operations
The road to business growth and sustainability for women entrepreneurs is often fraught with obstacles, writes the author
The launch was announced at a gala event at the Museum of the Future, Dubai, on October 10, 2024.
Non-oil trade between the UAE and Malaysia reached $2.5bn in the first half of 2024, a 7 per cent increase compared to the same period in 2023
The revamped B2B portfolio marks a significant shift for du, allowing the company to offer more than just connectivity
The network will accommodate passenger trains, each capable of carrying up to 400 passengers at a speed of 200 km/hour
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 His Highness 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