The UAE’s payments sector has seen robust growth in recent years. From 2018 to 2023, the country’s payments revenue grew from $9.8bn to $18.8bn, with a CAGR of 13.8 per cent. By 2028, the UAE is …
Middle East Crude Markets Tighten With UAE, Iran Flows Curtailed
Crude markets in the Middle East are tightening as the United Arab Emirates curbs sales and flows from Iran are hampered by sanctions. The prices of several key Middle Eastern grades have risen, …
Space42 inks Dhs18.7bn satellite contract with UAE govt
The contract underscores Space42’s pivotal role in the UAE’s strategic ambitions for secure, next-generation communication infrastructure …
UAE Passport Ranked World’s Strongest for Fourth Consecutive Year
For the fourth consecutive year, the UAE has topped the global ranking of the world’s strongest passports, according to the “Passport Index.” The UAE secured the number one spot with a total score of …
Mr. Eight Development launches in Dubai to bring boutique-style living to the UAE
Dubai, United Arab Emirates: Mr. Eight Development, a European property developer, announced its entry into the UAE real estate market to deliver premium residential projects on Dubai Islands.
LORENZE, ultra-premium unique luxury brand made in UAE, set to launch
LORENZE, a ‘Made in UAE’ brand is set to redefine the landscape of ultra-premium fashion and RajKaran Duggal is the trailblazing entrepreneur and the creative mind behind it. Raj’s entrepreneurial …
Is New Year a public holiday in the UAE?
This marks the very first of the 2025 public holidays in the UAE. While this one is confirmed, most of UAE’s public holiday dates remain unconfirmed until very close to the date – and this has to do …
MediSun Energy Joins the Abu Dhabi Sustainable Finance Declaration, Reinforcing Commitment to Sustainable Solutions in the UAE
MediSun Energy, a global leader in osmotic (blue) energy technology, proudly announces its signing of the Abu Dhabi Sustainable Finance Declaration. This significant milestone underscores MediSun …
UAE weather: Rain in Abu Dhabi and Dubai as temperatures drop
Rain fell across parts of Abu Dhabi and Dubai on Wednesday morning as the country gears up for more unsettled conditions and a drop in temperatures during the winter season.Residents woke up to leaden …
Mastercard Economics Institute predicts 5% GDP growth for the UAE
Consumer spending to rise by 4.3%; Consumer price inflation to reach 2.3%; Migration leading to rise in remittances; Women in the workforce growing …
UAE, Saudi drive Middle East M&A to $36bln in 2024
Merger and acquisition (M&A) activity in the Middle East has nearly doubled this year, driven by significant deals in the UAE and Saudi Arabia. The region’s inbound and domestic M&A deals reached $36 …
Nine Indians killed in bus crash in Sharjah’s Khor Fakkan area
India’s consulate in Dubai has pledged its support to the families of nine of its citizens killed in a bus crash in Sharjah’s Khor Fakkan area on Sunday night. Three compatriots who were among more …
UAE travellers face up to 20% price hike on flights, hotels for last-minute winter getaways
Mid-December to early January tend to be more expensive as schools close and many residents travel abroad for Christmas and New Year’s …
UAE residents whose kids benefitted from US birthright citizenship react as Trump vows to end scheme
Fatima Asaad, a Sudanese mother of two, feels a sense of relief knowing her children were granted American birthright citizenship before President-elect Do..
North Korean crypto network in UAE hit by U.S. sanctions
The United States has hit a North Korean-linked crypto laundering operation in the UAE with new sanctions. The Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioned two Chinese …
Dubai Is Building a Mile-Long Elevated Walkway—and It’s Air-Conditioned
Dubai’s bonkers cityscape is about to get a pedestrian-friendly upgrade.
US Treasury and UAE target North Korean digital asset launderers
The United States and the United Arab Emirates imposed sanctions on individuals and firms enabling North Korea’s cryptocurrency laundering, disrupting networks funding DPRK’s weapons and missile …