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.
ADPorts Group could invest in an entity established by the Turkey Wealth Fund to run the Aegean coast port of Izmir, reports Reuters
The venture will seek and leverage investment opportunities to generate sustainable financial returns on deployed capital
The mourning period has been confirmed for three days, during which flags will be flown at half-mast across all official departments within the country
The vast majority of UAE residents are keen to make the switch to electric vehicles sooner rather than later, according to a new survey.
The Ministry of Human Resources and Emiratisation says it has started fining workers who have failed to comply with the unemployment insurance system.
The Central Bank of the UAE has said it would keep interest rates unchanged following a similar announcement by the US Federal Reserve overnight.
The Integrated Emission Quantification Tool is a very important part of the UAE’s National Monitoring, Reporting and Verification Transparency System
The country has been encouraging issuers to raise green and sustainability-linked bonds, and sukuk to accelerate its transition to a low-carbon economy
The initiative will play a critical role in developing a culture of excellence in the regional startup space, inspire creativity and innovation and help to nurture future business leaders.
Waste to Zero will promote solutions for global decarbonisation by attracting investments in infrastructure projects
The Russian President is due to hold talks with UAE President Sheikh Mohammed bin Zayed Al Nahyan and Saudi Arabia’s Crown Prince Mohammed bin Salman
The proof of concept for the VRC Initiative has been successfully developed, with the first live transaction showcased at the UAE Pavilion, COP28, on December 4
The action plan set out in the roadmap will cut 90 million tonnes of carbon dioxide annually
The key goal would be to slash fossil fuel use this decade while a smaller club of countries plan to scale up nuclear energy.
The $13.9bn project will consist of two 1.5GW offshore wind farms, with Masdar as a key partner in the project.
The MOI published a notification on its social media accounts enumerating the rules that had been put in place to ensure a respectful celebration
ITC said surface parking will be free during the holiday from Saturday, December 2, until 7:59 a.m. on Tuesday December 5
The transaction is expected to have a positive impact on sales, given the opportunities to cross-sell across the two companies’ respective customer base
Sir Tim Clark addressed over 250 guests at the Palazzo Versace in Dubai after winning the Business Leader of the Year at the Gulf Business Awards 2023.
Money is rolling in to address climate change, but the real test for COP28 will emerge in the coming days as disparate parties try to come to agreements.