Egypt commercial banks’ foreign assets climbed by $606m in April while their liabilities rose by $653m
With the inauguration of the latest studio in Dubai, Lucid now has 38 studio locations worldwide
The fuel price committee reduced the retail rates for Super 98, Special 95, and E-Plus 91 by as much as 20 fils per litre in June
The UAE’s active participation in China’s BRI includes substantial investments and infrastructure development, reinforcing its role as a critical logistics hub
Sheikh Mohamed highlighted the importance of the China-Arab States Cooperation Forum in a time when global solidarity is crucial to facing shared challenges
The visit comes amid growing trade ties between the UAE and China
Under the CEPA, both nations will eliminate tariffs on more than 90 per cent of imports over time
Capacity discussions can be complicated by different oil price preferences among OPEC+ members
The prevailing foggy conditions signify the transition of seasons from winter to summer, which is distinguished by variability and a rapid change in weather patterns
The development bank seeks to provide Dhs30bn in financing to support 13,500 companies within five priority sectors by 2026
The report underscores the UAE’s efforts to bolster its infrastructure, making it a competitive and attractive destination for international business and tourism
During closed-door meetings with the UAE President, South Korean industry leaders discussed enhancing partnerships in advanced technology sectors such as semiconductors, and renewable energy
The list of holidays, is applicable for both government and private sectors, unless stated otherwise
The fuel price committee increased the retail rates for Super 98, Special 95, and E-Plus 91 by as much as 19 fils per litre in May
All metro stations are fully operational again following the heaviest rainfall in the UAE’s recorded history
The UAE’s exit from the FATF’s grey list can be seen as a crucial step, albeit not the sole factor, for fostering robust growth in trade and investment
The visit will focus on strengthening bilateral relations and exploring further opportunities for cooperation, particularly in the economic, developmental, and cultural sectors
Financial and insurance activities, transportation and storage, real estate and construction sectors were among the top growth sectors
The food hall, covering 4,950 square feet, is located on the Lower Ground Floor in Dubai Mall
The two countries will explore investment opportunities in start-ups and investment funds focused on AI models
Microsoft executives said the company welcomes a debate on a new legal framework governing the transfer of AI technology
The UAE, led by government-backed firm G42, is pushing to burnish its AI framework as it diversifies away from oil
The fund had projected in April that the country’s economy would grow by 3.5 per cent this year
The UAE’s leaders have sent their messages of condolence along with other world leaders on the death of Iran’s President Ebrahim Raisi
The MoU builds on the world’s first national regulation for clean energy-powered vertiports published by the GCAA last year
Abdulaziz Al-Ghurair, UBF and Mashreq chairman, said UAE banks are leveraging technologies such as AI, blockchain, and data analytics
CBRE has expanded its offerings as well as operations as the GCC sees a real estate boom backed by economic versatility and government investment programmes
The Blue Residency visa represents a significant step in the UAE’s efforts to prioritise sustainability and environmental protection
The company’s gross profit surged by more than 15 per cent YoY to reach Dhs336m in Q1 2024
The shift to digital payments is more pronounced in Saudi Arabia, the UAE and Kuwait – where the preference for cash has dropped significantly