The Dubai housing plots earmarked for UAE citizens span an area of 40 million square feet, including 2,700 plots in Latifa City
SailGP kicks off its first Abu Dhabi event on January 13-14 , with Mubadala increasing its commitment to the racing championship over the next three seasons
Ships flying the Cameroon flag have been added to a list of banned vessels by the UAE
In its third season, the campaign saw tourists numbers reach 1.4 million, an increase of 8 per cent compared to the second edition
Dubai, for a third year in a row, has been voted the world’s best travel destination by users of the travel app
A growing number of wealth managers in Asia are setting up offices in Dubai to capitalise on the city’s interconnectedness
Both the Riyad Bank Saudi Arabia PMI and the S&P Global UAE PMI remained way above the 50-mark that separates growth from contraction
Two GCC nations, the United Arab Emirates and Saudi Arabia, are now formally part of the BRICS bloc
Companies that fail to meet the new Emiratisation targets in 2024 face Dhs96,000 for each Emirati not hired
The financial and insurance sector grew by 14.4 per cent YoY and the value-added by the industry surged to Dhs18.7bn
The fuel price committee has reduced the retail rates for Super 98, Special 95, and E-Plus 91 for January
Marriott will operate the three properties under the banners of JW Marriott and Autograph Collection Hotels effective January 1, 2024
The trade deal builds on growing bilateral cooperation between the two countries, which saw non-oil trade hit a record $2.1bn in H1 2023
BNPL fintech firms can provide short-term credit services upon being licenced by the central bank as restricted licence finance companies
Nikhil Goel, chief commercial officer of Archer Aviation, showcases how the company is leveraging the strong global demand and its robust ecosystem to revolutionise urban air mobility
The fuel price committee reduced the retail rates for Super 98, Special 95, and E-Plus 91 by as much as 0.7 fils per litre in December
REITs in the UAE are a crucial component of the real estate investment landscape and provide opportunities for both local and international investors
The GCC region has proven to be one of the most kinetic deal markets in the world in 2023, with dealmakers expected to remain relatively active in the near future
The vast majority of businesses in the UAE are, interestingly, family-owned businesses, according to a key organisation representing this sector
Countries in the GCC are ranking among the highest in the world when it comes to the state of their digital connectivity in 2023
The UAE and Mauritius, in first-of-their-kind negotiations, are set to boost each other’s economies in years to come with key trade deals in the pipeline
UAE stocks in Dubai and Abu Dhabi recorded strong cash flows on Monday, surpassing Dhs1bn in market liquidity
The central bank said cash deposits during the first ten months of 2023 soared by 8.12 per cent or Dhs51.6bn
The apex lender projected that the country’s overall GDP will grow by 3.1 per cent in 2023
The fourth unit of the UAE’s Barakah Nuclear Energy Plant has been completed, bringing the facility one step closer to generating a quarter of the country’s power needs
The investment from BlackRock is expected to help Positive Zero, a decentralised decarbonisation infrastructure business, with boosting energy transition projects in Gulf countries.
The authority is the supreme authority for financial control, auditing, integrity and transparency in the country
The merger is subject to regulatory and shareholder approvals and is expected to close in the second half of 2024
The ministry warned that companies that fail to comply with Emiratisation will be required to pay fines from January 2024
The UAE’s new bankruptcy legislation was published on 31 October 2023 and it is set to come into full effect on 1 May 2024.