Import prices increased for the fourth consecutive month in October, despite the falling global oil prices, due mainly to a weaker Korean won, central bank data showed Friday.
UAE’s creator economy emerges as entrepreneurial powerhouse
The creator economy in the United Arab Emirates is evolving rapidly, with content creators increasingly positioning themselves as entrepreneurs rather than hobbyists. A new report unveiled by Visa at …
UAE defies oil slump with strong growth, expanding global influence
As Opec+ increases production and crude prices hover near $60 per barrel — the lowest since 2020 — the UAE’s diversified economy is proving remarkably resilient …
ADNOC L&S unveils UAE’s first autonomous offshore vessels
ADNOC Logistics & Services Plc (ADNOC L&S), a global energy maritime logistics company, today unveiled the UAE’s first Remotely Operated Landing Craft …
ADNOC L&S unveils the UAE’s first autonomous offshore vessels to enhance operational efficiency and increase sustainability
Developed with SeaOwl, the 60-meter vessel represents a major step in maritime innovation. Using advanced AI and satellite-linked control systems, it can be operated remotely from ADNOC L&S’s …
US investment in Dubai doubles as New York office opens; $21.7bn FDI and 3,690 US firms power new expansion wave
Dubai deepens US ties as investment doubles, FDI hits $21.7bn and 3,690 American firms expand key sectors in 2025 …
GCC Takes First Step Towards Unified Visa With UAE-Bahrain Airport Trial in December
The UAE and Bahrain will run the first trial of a “one-stop” travel system as the GCC looks to implement a Schengen-style visa system.
Schengen-style Gulf tourist visa likely to launch next year
The highly anticipated GCC unified tourist visa is set to be launched next year. The Schengen-style visa, which will officially be named “GCC Grand Tours”, will allow freedom of movement between …
UAE to trial new one-stop travel project this year
Following a meeting of the Gulf Cooperation Council (GCC), it has been confirmed that the UAE will take part in a one-stop travel system with Bahrain.
Sharjah-Based Crescent Enterprises To invest US$270 Million In India, Southeast Asia, And GCC
Sharjah-based global investment conglomerate Crescent Enterprises’ strategic investment arm, CE-Invests, announced plans to deploy AED1 billion (US$270 million) over the next three years in markets …
Dubai free zone DMCC targets 2,000 new companies in 2025
Dubai free zone DMCC aims to attract over 2,000 companies in 2025, as Chairman Dr. Hamad Buamim says registrations surpass 26,000 …
Dubai exports to US record 78.5% growth in seven years to Dhs34.1 billion
Sultan Bin Saeed Al Mansoori, Chairman of Dubai Chambers, stated that the value of Dubai’s exports to the United States rose from Dhs19.1 billion in 2018 …
Dubai launches $680,000 ‘Create Apps Championship’ to attract top app talent
Dubai launches the third Create Apps Championship, adding new awards, accelerators and $680k in funding to boost tech talent …
US direct investment in Dubai hits Dhs14.3 billion in H1 2025
Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, affirmed during a panel session at the Dubai Business Forum – USA that US direct …
Dubai Business Forum – USA participants praise its New York edition
USA in New York said the event provides an important platform to enhance trade and investment relations between companies operating from the UAE and their counterparts in the United States.They noted …
Beehive Fintech Transforms Underwriting with Perfios, Achieves 48% Faster Loan Decisions
SINGAPORE and DUBAI, UAE, Nov. 13, 2025 /PRNewswire/ — Beehive Fintech, a leading digital SME lending platform, has transformed its underwriting process with Perfios’s AI-powered automation solutions …
Samsung chief, Hanwha vice chair to visit UAE to attend business roundtable
Samsung Electronics Executive Chairman Lee Jae-yong and Hanwha Group Vice Chairman Kim Dong-kwan will travel to the United Arab Emirates (UAE) on Nov. 19 to attend the Korea-UAE Business Roundtable …