Located about 160 kilometers northwest of Abu Dhabi, Das Island Abu Dhabi stands as a vital cornerstone in the UAE’s oil and gas sector. Despite being remote and largely off-limits to the public, this …
Sharjah real estate transactions hit $3.6bn in Q1; top neighbourhoods and investor nationalities revealed
Sharjah real estate transaction value hit AED13.2bn ($3.6bn) during the first quarter of 2025, marking a 31.9 per cent increase compared to AED10bn ($2.72bn) during the same period in 2024. The number …
Best’s Market Segment Report: Operating performance of UAE insurers remains resilient despite unprecedented rains
In its Best’s Market Segment Report, “Operating Performance of UAE Insurers Remains Resilient Despite Unprecedented Rains,” AM Best notes in the face of changes in the nature and frequency of …
Meydan Free Zone launches ‘Fawri’ — The UAE’s fastest 60-minute business license solution
Dubai, UAE – Meydan Free Zone has officially launched Fawri, a groundbreaking new service that enables entrepreneurs to obtain a complete business license in just 60 minutes. This innovative platform …
UAE ranks among top global AI contenders, says BCG report
Mapping the Region’s Readiness for an AI-Driven Future’, places the UAE in the ‘AI Contender’ category alongside 31 other economies, including Saudi Arabia …
Most UAE firms pause hiring in first quarter as corporate tax and costs add up
Most companies in the UAE paused hiring in the first quarter of 2025, choosing instead to operate with existing staff, according to recruitment company Cooper Fitch.The country recorded a 1.25 per …
Abu Dhabi Shares Witness Highest Overseas Buying Among GCC Peers In First Quarter
The Abu Dhabi Stock Exchange (ADX) witnessed the highest buying by foreign investors among GCC stock markets in the first quarter, a rep …
Japan’s crude oil imports in structural decline, dependence on Middle East grows
Japan’s crude imports are in structural decline. The country is increasingly dependent on Saudi Arabia and the UAE, according to Vortexa. The decrease in Japan’s crude imports from 2022 to 2024 can be …
Sharjah Asset Management participates in Arabian Travel Market
Sharjah Asset Management, the investment arm of the Government of Sharjah, is participating in the Arabian Travel Market 2025, which will be held from 28th April to 1st May at the Dubai World Trade …
Empowering UAE Startups: DianApps introduces end-to-end mobile and web development services
The business now provides a full range of digital services designed to meet the demands of UAE startups and focused on development companies …
UAE’s Sunset Hospitality Group Bags US$25 Million Investment
UAE-headquartered global lifestyle hospitality company Sunset Hospitality Group (SHG) has secured a US$25 million investment from the private credit business line of the New York-based investment …
The Offshore Energy in the Gulf Fifteen Years after Deepwater Horizon
Much has changed in the Gulf Coast region in the years since the Deepwater Horizon blowout and oil spill. In this piece, Lauren Alexander Augustine, executive director of the Gulf Research Program, …
Limp Bizkit are coming to Abu Dhabi for a huge concert
Nu-metal fans, it’s time to dust off your backwards caps and cargo pants – Limp Bizkit are heading to Abu Dhabi for one loud, rebellious night of rock chaos. The legendary rap-rock band is set to tear …
A huge new shopping mall is opening this week
Listen up, shoppers. Dubai is getting a brand new mega mall. Located in the Nad Al Sheba neighbourhood, this massive 500,000 sq. ft. retail destination is set to open on Thursday April 24. Featuring …
Emirates NBD Reports 56% Surge in Profit Before Tax to AED 7.8 Billion
Emirates NBD’s Profit before tax rose 56% to AED 7.8 billion as strong lending momentum, an improvement in deposit mix and new products drove an 11% year-on-year increase in income. The balance sheet …
UAE’s ADNOC inks deal with China’s largest offshore producer as US tariffs bite
A third deal has been struck between a Chinese entity and the Abu Dhabi National Oil Company as Beijing scrambles for alternative sources to replace the US supply.
Israel optimistic on reaching trade deal with US, economy minister says
Israel is hopeful that it will reach a trade agreement with the United States before a pause to a barrage of U.S. tariffs on global imports expires on July 9, Israeli Economy Minister Nir Barkat told …