#UAE

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

UAE

UAE economy grew 4.3% in fourth quarter of 2023

Financial and insurance activities, transportation and storage, real estate and construction sectors were among the top growth sectors

The Kitchen by Spinneys

The Kitchen: Spinneys introduces its first food hall concept

The food hall, covering 4,950 square feet, is located on the Lower Ground Floor in Dubai Mall

UAE, France partner to advance global AI ecosystem

UAE and France partner to advance global AI ecosystem

The two countries will explore investment opportunities in start-ups and investment funds focused on AI models

Microsoft, G42 deal could transfer US AI tech abroad

Microsoft, G42 deal could transfer key US chips and AI tech abroad

Microsoft executives said the company welcomes a debate on a new legal framework governing the transfer of AI technology

UAE's AI PUSH

UAE, US to seal more AI deals through strategic partnership: UAE AI minister Al Olama

The UAE, led by government-backed firm G42, is pushing to burnish its AI framework as it diversifies away from oil

IMF sees UAE’s GDP expanding by 4% in 2024

UAE economy to grow by 4% in 2024, says IMF

The fund had projected in April that the country’s economy would grow by 3.5 per cent this year

Iran

UAE President Sheikh Mohamed bin Zayed sends condolence on Iran President’s death

The UAE’s leaders have sent their messages of condolence along with other world leaders on the death of Iran’s President Ebrahim Raisi

Vertiports Image courtesy DRIFTx For illustrative purposes only

UAE vertiports: GCAA, Skyports to bolster hybrid operations

The MoU builds on the world’s first national regulation for clean energy-powered vertiports published by the GCAA last year

consumer confidence in UAE banking sector rises to 90 per cent image-by-WAM

Consumer confidence in UAE banks climbs to 90%, here’s why

Abdulaziz Al-Ghurair, UBF and Mashreq chairman, said UAE banks are leveraging technologies such as AI, blockchain, and data analytics

CBRE real estate

Trends shaping real estate in the GCC: An in-depth conversation with Anshuman Magazine of CBRE

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

Blue Residency Visa

UAE launches Blue Residency visa for environmental advocates: Everything you need to know

The Blue Residency visa represents a significant step in the UAE’s efforts to prioritise sustainability and environmental protection

Supermarket chain Spinneys posts Dhs75m in Q1 profit

Supermarket chain Spinneys posts Dhs75m in Q1 profit

The company’s gross profit surged by more than 15 per cent YoY to reach Dhs336m in Q1 2024

e-commerce

Online retail fuels MENA digital payments, Checkout.com says

The shift to digital payments is more pronounced in Saudi Arabia, the UAE and Kuwait – where the preference for cash has dropped significantly

Crypto Oasis sees ecosystem grow to 2,040 active firms in Q1 2024

Crypto Oasis sees ecosystem grow to 2,040 active firms in Q1 2024

Crypto Oasis said the 13.3 per cent year-on-year increase reflected the overall growth of the industry in the UAE

Dubai and Abu Dhabi are rising in appeal for global talent shows BCG survey image getty images

Dubai, Abu Dhabi among most preferred by global talent, reveals report

The UAE outpaces global averages in attracting expatriates, particularly lauded for its prowess in innovation and digitalisation

UAE real estate: Over 30,000 residential units to be delivered by year's end, says JLL

UAE real estate: Over 30,000 residential units to be delivered by year’s end

According to JLL, in Q1, around 10,000 units were delivered in Dubai and 1,600 in Abu Dhabi, marking strong growth in the UAE’s residential sector

DFSA says company licencing rose by 35% in 2023

Dubai regulator DFSA posts 25% increase in licencing in 2023

The financial regulator registered a 50 per cent year-on-year increase in licence applications across all business models

US energy secretary to visit the GCC next week

US energy secretary to visit Saudi Arabia, UAE next week, officials say

The visit is a continuation of long-standing engagement between the US and this region

Construction of $3bn UAE-Oman Hafeet Rail gets green light

A shareholder agreement among Etihad Rail, Oman Rail and Mubadala Investment Company has been signed to kick off the project

Mena IPOs bring in $1.2bn in Q1 2024 Image Getty Images

GCC region sees 10 IPOs raise $1.2bn in Q1 2024: EY

The UAE’s Parkin Company raised the highest proceeds in the region for the quarter at $0.4bn

flynas boosts UAE network, with flights to 3 more destinations

flynas boosts UAE network, with flights to 3 more destinations

The expansion increases the number of routes between Saudi Arabia and the UAE to nine, and daily flight frequencies to more than 20

Growth in UAE’s non-oil sector accelerates in April

UAE’s non-oil business activity picks up in April, S&P Global says

The seasonally adjusted S&P Global UAE PMI dropped to 55.3 in April, the lowest reading since August 2023, and further eased from 56.9 in March

e& Group refutes reports of potential United Group deal

e& Group refutes report of potential United Group deal

The Abu Dhabi-listed firm said it “continually reviews relevant market opportunities with the objectives of maximising shareholder value”