#UAE

Traffic law - Sheikh-Mohammed-Cabinet-Meet

UAE announces new federal traffic law to regulate EVs, self-driving cars

The new traffic law, aims to facilitate the broader adoption of self-driving vehicles and electric cars, keeping in line with advances in modern urban planning and sustainability efforts

Owning UAE real estate through a corporate vehicle: All you need to know

Owning UAE real estate through a corporate vehicle: All you need to know

Real estate ownership through a corporate entity offers several important benefits over purchasing as an individual, especially when it comes to financial efficiency and legal protection

forex

5 steps to mastering forex trading in UAE

The forex market is constantly evolving, so it’s crucial to keep learning and adapting to stay ahead

ADNOC pays off ADNOC Distribution’s $1.19bn bond

UAE’s ADNOC pays off $1.19bn to ADNOC Distribution bondholders

The exchangeable bonds were issued in May 2021 along with the offering of approximately 375 million shares in ADNOC Distribution

Eid Al Adha 2024 holidays announced for UAE public, private sector

UAE announces Eid Al Adha 2024 holidays for public, private sector

Public and private sector workers will have a four-day weekend to mark Eid Al Adha 2024

UAE to open 6,000 rest stations for delivery riders

UAE to open 6,000 air-conditioned delivery rider rest areas

Delivery bikers will be given interactive maps to help them easily locate and access the rest stations during the midday break

Saudi Arabia joins China and UAE in mBridge project

Saudi Arabia joins central bank digital currency project mBridge

The initiative was unveiled in 2021 to pilot cross-border payments in digital currencies issued by central banks

Emiratisation UAE

UAE government records revenues of $18.03bn in 2023

The figures were part of the consolidated financial statement published by the UAE’s Ministry of Finance

Etihad, Tawazun, GE partner to advance flight safety

Abu Dhabi’s Etihad, China Eastern form joint venture to boost growth

The commercial venture will be implemented in early 2025 when the two carriers secure governmental approvals

UAE seeks deeper trade, investment ties with Malaysia

UAE, Malaysia seek deeper ties after trade reached $4.7bn in 2023

The trade pact between the two states is expected to boost investment in Malaysia by the Gulf state’s sovereign wealth funds

Mashreq shores up capital with tightly priced $500m bond deal Mashreq -Image-WAM

Mashreq shores up capital with tightly priced $500m bond deal

The transaction achieved the largest price tightening by any UAE bank in the last five years for an additional tier 1 transaction

Meet women in MENA financial services sector

How MENA’s financial services sector is empowering women

MENA countries have made significant progress in empowering women economically, politically, and socially, and considers women to be key partners in sustainable growth

Property Finder CEO says UAE visa reforms drive property boom

UAE visa reforms drive property boom, Property Finder CEO says

Dubai has historically been a city where many people prefer renting, but visa reforms are driving a shift towards home ownership

Egypt’s central bank committed to a flexible exchange rate

Egypt’s net foreign assets deficit contracts $586m in April

Egypt commercial banks’ foreign assets climbed by $606m in April while their liabilities rose by $653m

Lucid sets up Dubai Retail Studio

EV giant Lucid opens showroom in Dubai, expands presence in the region

With the inauguration of the latest studio in Dubai, Lucid now has 38 studio locations worldwide

UAE announces petrol, diesel prices for June 2024

Relief for motorists as UAE announces petrol price cuts

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

UAE-CHINA-SUMMIT-1

UAE, China sign strategic agreements to enhance trade and boost Belt and Road Initiative

The UAE’s active participation in China’s BRI includes substantial investments and infrastructure development, reinforcing its role as a critical logistics hub

UAE CHINA

UAE President Sheikh Mohamed speaks at China-Arab Forum

Sheikh Mohamed highlighted the importance of the China-Arab States Cooperation Forum in a time when global solidarity is crucial to facing shared challenges

UAE-CHINA

UAE President Sheikh Mohamed lands in Beijing for state visit

The visit comes amid growing trade ties between the UAE and China

UAE-SOUTH KOREA-CEPA deal

UAE-South Korea sign historic CEPA deal during President Sheikh Mohamed’s visit

Under the CEPA, both nations will eliminate tariffs on more than 90 per cent of imports over time

OPEC+ latest: Group meets against backdrop of uncertain market

OPEC+: Understanding the differences over oil production capacity

Capacity discussions can be complicated by different oil price preferences among OPEC+ members

summer in the UAE

When does summer start in the UAE?

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

EDB allocates Dhs5bn to boost manufacturing sector

UAE’s EDB allocates Dhs5bn to boost manufacturing sector

The development bank seeks to provide Dhs30bn in financing to support 13,500 companies within five priority sectors by 2026

Emiratisation UAE

UAE rates 5th in road quality, 10th in public transport globally, reveals WEF report

The report underscores the UAE’s efforts to bolster its infrastructure, making it a competitive and attractive destination for international business and tourism

uae-south korea-1

UAE President Sheikh Mohamed in South Korea: Highlights of Day 1

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

UAE holiday list 2025

Public holiday dates in 2025: UAE announces calendar

The list of holidays, is applicable for both government and private sectors, unless stated otherwise

UAE to announce petrol prices for June

UAE to announce petrol prices for June: will rates increase further?

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

over 2 million rider used public transport during NYE

Dubai Metro resumes full service after April’s historic storms

All metro stations are fully operational again following the heaviest rainfall in the UAE’s recorded history

UAE off FATF grey list what it means for trade and investment-GettyImages-927096466

UAE is off FATF’s grey list: What that means for trade, investment

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

UAE-President-Sheikh-Mohamed-bin-Zayed-Al-Nahyan issues new law covering prison management in Abu Dhabi photo courtesy WAM

UAE President Sheikh Mohamed to embark on China state-visit

The visit will focus on strengthening bilateral relations and exploring further opportunities for cooperation, particularly in the economic, developmental, and cultural sectors