The UAE has achieved “a historic first” as its robust national economy reached milestone in its diversification drive with the non-oil sector accounting for 73 per cent of the country’s total GDP.
UAE airports surpass 134m passenger mark in 2023, 140m projected by 2024
Saif Mohammed Al Suwaidi, Director-General of the General Civil Aviation Authority (GCAA), announced that the UAE’s airports surpassed 134 million passenger mark in 2023 and are projected to reach 140 …
UAE ranks 1st globally in strong and stable economy indicator
T he UAE ranked 1st in the ‘Strong and Stable Economy’ indicator, while the country continues to hold its position at 10th place at the Brand Finance Soft Power Index 2024 for t …
New Islamic bank to launch in UAE
Ruya, a modern digital-native Islamic community bank, on Thursday announced its plans to launch in the UAE market, with its first community banking centre and head office located in the Marsa area in …
Additiv opens new office in Dubai
Responding to growing demand for Finance-as-a-Service propositions in the Middle East, additiv, a global leader in Fintech and embedded finance, has announced today that it is expanding its presence …
Additiv opens new office in Dubai
Responding to growing demand for Finance-as-a-Service propositions in the Middle East, additiv, a global leader in Fintech and embedded finance, has announced today that it is expanding its presence …
Ramadan in Dubai: Latest predictions from UAE astronomers
Ramadan 2024 will be one of the most significant dates in the calendar for anyone living in Dubai. And the Ramadan 2024 start date is now just two weeks away. In a statement made by the UAE’s …
Ramadan in Dubai: Latest predictions from UAE astronomers
Ramadan 2024 will be one of the most significant dates in the calendar for anyone living in Dubai. And the Ramadan 2024 start date is now just two weeks away. In a statement made by the UAE’s …
Leading Crypto Exchange Bybit Hits Record Spot Trading Volume
Bybit, one of the world’s top three crypto exchanges by volume, hit $71.5B in trading volume yesterday, just 7% under the exchange’s record $77B daily trading volume, which was set during the 2021 …
Dubai, Abu Dhabi see surging realty demand, high ROI
Dubai and Abu Dhabi real estate markets are witnessing sustained strong demand backed by high rental yields, according to a study that paints a picture of a resilient and dynamic real estate sector, …
High Court judge flies to UAE to hear evidence from sanctioned Putin ally
A High Court judge is to travel to the United Arab Emirates (UAE) to take evidence from a sanctioned oligarch as part of a £1bn battle over a Russian chemicals business. Andrey Guryev, an ally of …
The UAE F&B sector is poised to witness remarkable growth as the country firmly establishes its position in the global gastronomy scene: JLL
Dubai, UAE:– With the foodservice market in the UAE estimated to touch an impressive USD 19.98 billion in 2024, the opportunities for F&B entrepreneurs and investors to set up or expand their …
UAE named most stable global economy and 10th best ‘soft power’ in the world
The UAE has been named as one of the world’s leading “soft powers” and the country with the most strong and stable economy, in a major global power survey. The UAE continues to hold its position at …
Rent in Dubai is rising – but it’s not all bad news
If you have already dabbled with flat hunting recently, you may have already noticed the ongoing trend in the Dubai property market: rent in Dubai is on the rise. According to property finder platform …
Rent in Dubai is rising – but it’s not all bad news
If you have already dabbled with flat hunting recently, you may have already noticed the ongoing trend in the Dubai property market: rent in Dubai is on the rise. According to property finder platform …
Fund eyes Middle East hydrogen projects
“We are looking to invest in project developers like we did with the GEO project,” Amir Sharifi, Hy24’s chief investment officer, tells MEED on the sidelines of the ongoing World Hydrogen Mena forum …
Furey defends Dubai recruiting trip and support for low-level flying during annual fundraiser
(Jessica Singer/CBC) Although he admits his recent trip to attract health-care workers in Dubai was met with criticism from union … GH2 secured a federal loan to get a proposed wind-to-hydrogen …