#UAE

US clears export of advanced AI chips to UAE under Microsoft deal

US clears export of advanced AI chips to UAE under Microsoft deal

Microsoft invested $1.5bn in G42 earlier this year, giving the US company a minority stake and a board seat

Mubadala has $330bn in assets under management, says CEO

Mubadala Investment Company CEO, Khaldoon Al Mubarak, revealed the figure during the Milken Institute Middle East and Africa summit

UAE VAT: A forward-looking tax system for a forward-looking economy

How the UAE’s VAT system is evolving and improving

By supporting the financial services sector through targeted exemptions, the UAE continues to build on its strategy of becoming a top-tier financial hub

Avail a 50% discount on traffic fines at these four emirates

UAE: Avail a 50% discount on traffic fines in these 4 emirates

Authorities have encouraged drivers to take advantage of these discounts and clear any pending fines during the promotion period

OPEC+ delays oil output hike until April, extends cuts into 2026

OPEC+ delays oil output hike until April, extends cuts into 2026

The group agreed to allow the UAE to raise output by 300,000 bpd gradually from April until the end of September 2026

Jumeirah, Thanda Group to launch luxury resorts in Tanzania, South Africa

Jumeirah, Thanda Group introduce luxury resorts in Tanzania, South Africa

The opening of Jumeirah Thanda Island and Jumeirah Thanda Safari marks a significant step in Jumeirah’s global expansion, bringing its signature luxury hospitality to Africa’s most popular destinations

UAE foreign aid grows to Dhs360bn by mid-2024

UAE foreign aid grows to Dhs360bn by mid-2024

In a year marked by significant contributions, the country has remained steadfast in its dedication to improving lives, reducing poverty, and ensuring sustainable development

How Careem Rides’ mobility solutions are empowering communities

How Careem Rides’ mobility solutions are empowering communities

Ashish Labroo, the CEO of Careem Rides, says the platform is revolutionising the ride-hailing experience by partnering with local businesses and regulators

These are the technologies reshaping payments, banking in the UAE

The UAE is poised for rapid advancements in financial technology innovations, artificial intelligence, and blockchain technology

UAE real estate to show growth in Q4 2024, says JLL-Image-courtesy-WAM

Here’s how the UAE’s golden visa has made a positive impact

Here are just some of the ways in which the UAE’s golden visa has made a positive impact on the country

5 perfect glamping spots in the UAE

Here are five top glamping sites in the UAE to help you unwind

Fuel up for less: UAE petrol prices cut this December

Fuel up for less: UAE petrol prices cut this December

Depending on the type of vehicle, filling up a full tank in December will cost between Dh6.12 and Dh9.62 less compared to November

Salik approve $134m dividend

Dubai Salik toll hikes for 2025: What drivers need to know

At the end of January 2025, Dubai’s Roads and Transport Authority (RTA) will raise Salik toll rates during rush hours

Rain in UAE : NCM forecasts cloudy skies, rainfall from Wednesday

Rain in UAE: NCM forecasts cloudy skies, rainfall from Wednesday

Rain is expected to hit parts of Abu Dhabi late Wednesday night, and it is expected to spread to coastal areas of Dubai, Sharjah, and other emirates on Thursday morning

Mubadala

Mubadala to take Canada’s CI Financial private in about $8.7 billion deal

Mubadala will pay CI Financial C$32 per share, representing a more than 33 per cent upside to the stock’s Friday close.

UAE’s Masdar eyes Iberian renewables champion after recent deals

5 renewable energy projects to watch in the UAE

Here are several key renewable projects that are driving the UAE towards its goal of achieving full clean energy capacity by 2050

CBUAE suspends Al Razouki Exchange, shutters two branches

CBUAE suspends Al Razouki Exchange, shutters two branches

The central bank closed Al Razouki’s branches in Deira and Al Murar, the administrative measures were taken pursuant to Article 14 of the AML/CFT Law

Abu Dhabi’s Masdar, Silk Road Fund to co-invest $2.8bn in renewables

Abu Dhabi’s Masdar, Silk Road Fund to co-invest $2.8bn in renewables

The two entities agreed to collaborate on joint investments in renewable energy projects developed, invested in, or operated by Masdar

Eid Al Etihad: Residents to get 4-day weekend for UAE National Day

Eid Al Etihad: Residents to get 4-day weekend for UAE National Day

Al Ain will host the official ceremony, gathering the nation’s Rulers and leaders for the momentous occasion

US-UAE climate-friendly farming partnership grows to $29bn

US-UAE climate-friendly farming partnership grows to $29bn

AIM for Climate had secured $17bn in funding at last year’s COP28 and $8bn at COP27

The future of work: How entrepreneurs are redefining work-life balance

The future of work: How entrepreneurs are redefining work-life balance

Flexible and hybrid work models have disrupted the traditional on-site working arrangement for many sectors, allowing for practices such as remote working

Sheikh Mohammed, Vice President and PM of UAE and Ruler of Dubai issues decree to form ICD board courtesy_Dubai Media Office

From humble beginnings to global heights: Sheikh Mohammed’s journey unveiled in new biography

The new biography charts H.H. Sheikh Mohammed bin Rashid Al Maktoum’s rise from humble beginnings to global prominence

Gold prices in UAE fall as global trends weigh on bullion

Gold prices in UAE fall as global trends weigh on bullion

The fall in prices is significant for UAE residents, where gold plays a key role in savings and investments

FAB's EOSB funds secure initial approval from MOHRE, SCA

FAB’s EOSB funds secure initial approval from MOHRE, SCA

FAB’s EOSB Funds also simplify the administrative process for employers, enabling them to register through the bank’s EOSB online portal

Middle East’s first net-positive mosque launched in Dubai

Equipped with 203 solar panels, the Majid Al Futtaim Mosque generates over 204,121 kWh of power annually, exceeding its energy needs by 115 per cent

ORO24’s Atif Rahman on elevating Dubai’s real estate game

Atif Rahman, the founder of ORO24 Developments, shares his approach to resilient growth, the importance of strategic planning, and his perspective on the future of the emirate’s real estate market

Why AIOKA is shifting into top gear for top-tier global campaigns

CEO Max Palethorpe unpacks how the company is leveraging the glamour of F1 to create tailor-made corporate events for global powerhouses

UAE debt market registers 13.1% YoY growth, Fitch Ratings says

UAE debt market registers 13.1% YoY growth, Fitch Ratings says

The growth in the country’s debt capital markets demonstrates its expanding financial landscape and its strategic role in the global Islamic finance market

New Dhs1bn fund targets reshaping UAE health, wellness

Announcing the Fund in Dubai at CLP’s new Longevity Hub, the clinic highlighted its GCC growth strategy

why uae has emerged as cybersecurity hub-GettyImages-1079012962

Insights: Why the UAE is a premier hub for cybersecurity startups

With a burgeoning market, supportive government initiatives, and a robust digital landscape, the UAE is positioned to drive innovation in the cybersecurity sector