Financial and insurance activities, transportation and storage, real estate and construction sectors were among the top growth sectors
The food hall, covering 4,950 square feet, is located on the Lower Ground Floor in Dubai Mall
The two countries will explore investment opportunities in start-ups and investment funds focused on AI models
Microsoft executives said the company welcomes a debate on a new legal framework governing the transfer of AI technology
The UAE, led by government-backed firm G42, is pushing to burnish its AI framework as it diversifies away from oil
The fund had projected in April that the country’s economy would grow by 3.5 per cent this year
The UAE’s leaders have sent their messages of condolence along with other world leaders on the death of Iran’s President Ebrahim Raisi
The MoU builds on the world’s first national regulation for clean energy-powered vertiports published by the GCAA last year
Abdulaziz Al-Ghurair, UBF and Mashreq chairman, said UAE banks are leveraging technologies such as AI, blockchain, and data analytics
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
The Blue Residency visa represents a significant step in the UAE’s efforts to prioritise sustainability and environmental protection
The company’s gross profit surged by more than 15 per cent YoY to reach Dhs336m in Q1 2024
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 said the 13.3 per cent year-on-year increase reflected the overall growth of the industry in the UAE
The UAE outpaces global averages in attracting expatriates, particularly lauded for its prowess in innovation and digitalisation
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
The financial regulator registered a 50 per cent year-on-year increase in licence applications across all business models
The visit is a continuation of long-standing engagement between the US and this region
A shareholder agreement among Etihad Rail, Oman Rail and Mubadala Investment Company has been signed to kick off the project
The UAE’s Parkin Company raised the highest proceeds in the region for the quarter at $0.4bn
The expansion increases the number of routes between Saudi Arabia and the UAE to nine, and daily flight frequencies to more than 20
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
The Abu Dhabi-listed firm said it “continually reviews relevant market opportunities with the objectives of maximising shareholder value”
The Presidential Court declared a seven-day official mourning period for Sheikh Tahnoun bin Mohammed with flags flown at half-mast
The NCM has forecast moderate to heavy rain accompanied by occasional lightning and thunder on Thursday, May 2.
The company priced its IPO at the top of the previously announced range, selling its shares at Dhs1.53 per share to raise $375m (Dhs1.38bn)
The increase in foreign asset volume is attributed to the rise in current account balances and deposits with banks abroad
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
Several construction projects in the UAE will be affected, with huge potential for delays and damage to ongoing works
Archer seeks to transform urban travel, replacing 60- to 90-minute commutes by car with estimated 10- to 20-minute electric air taxi flights