The UAE’s foreign trade has reached a historic milestone, touching AED3tn ($817bn) for the first time by the end of 2024, said Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and …
Abu Dhabi Airports Welcomes Record 29M+ Passengers in 2024
Abu Dhabi Airports, the operator of the emirate’s five commercial airports, reported record-breaking growth in 2024, reaffirming its status as a leading global aviation hub. The company facilitated 29 …
Sharjah Biennial returns with powerful message of solidarity
Sharjah Biennial returns on Thursday, showcasing more than 650 works of contemporary art across the emirate. The event, which will be running until June 15, is being held under the title To Carry, a …
Echoes of the spice route: Sharjah’s archaeological wonders on display in Rome
Two millennia ago, the aromas of Arabian scents such as frankincense and myrrh drifted through the markets of ancient Rome. How these precious commodities reached the empire is the focus of a new …
Government of Sharjah mandates banks on €500mln 7-year bond
The Government of Sharjah has mandated banks to market its upcoming 500 million euros ($521 million) no grow, fixed rate Regulation S Senior unsecured bond offering with an expected tenor of 7 years.
Dubai’s e-commerce startup qeen.ai raises $10mn in one of the largest seed investments in MENA
The funding was led by Prosus Ventures, with participation from existing investors including Wamda Capital, 10x Founders and Dara Holdings …
UAE: Dubai Duty Free introduces new way to shop
With leading mobile money operators like Airtel Money, M-PESA, and MTN MoMo already partnered with TerraPay, shoppers will be able to use their home-country wallets to shop at Dubai Duty Free. Not …
From vision to victory: Navigating business success in the UAE
The country has emerged as a global hub for entrepreneurs, corporations, and investors looking to turn ambitious goals into tangible achievements …
‘I chose to do my MBA from Dubai for its dynamic business ecosystem’ | Life in a Foreign University
An Indian student shares how doing management course from TETR College of Business in Dubai has given him global exposure to drive innovation and foster entrepreneurship. He has developed a global …
UAE sees drop in gold jewellery demand due to high prices, India’s import duty cuts
Gold jewellery demand fell 14 per cent in the UAE in the fourth quarter of 2024 due to and India’s decision to from 15 per cent to 6 per cent. The World Gold Council data showed jewellery demand …
Top 10: Fintech Influencers
Zach Perret has revolutionised financial inclusion as Co-founder and CEO of Plaid, a pivotal fintech infrastructure company connecting thousands of financial institutions across North America and …
UAE’s First-Ever Methanol Plant to be Built in Abu Dhabi
Ta’ziz, Abu Dhabi’s major industrial hub, has signed a AED 6.2 billion deal with Samsung E&A to build the UAE’s first-ever methanol plant in Al Ruwais Industrial City. The facility is set to produce 1 …
Dubai: Property sales hit Dhs44.4bn in Jan
Dubai land sales show the biggest increase, as 14,236 overall transactions underline city as prime destination for property investment …
Sobha picks Otis to deliver 303 elevators for Dubai projects
Otis Worldwide Corporation, global leader in the manufacture, installation and servicing of elevators and escalators, has been selected by Sobha Realty, a leading luxury real estate developer, for the …
Dubai firm makes waves with fully 3D-printed boat
The 10-m-long vessel, dubbed Cyberfin, combines cutting-edge large-format 3D printing technology with sustainable practices, offering a glimpse into the future of boat production …
How tax-free UAE earns money? This sector plays major role in Dubai’s economy
If Dubai and other emirates are tax free, then how do they generate revenue? The answer lies in its unique tax system.
24/7 duty, border controls: How UAE regulates nuclear materials, prepares for emergencies
If an emergency occurs, the Federal Authority for Nuclear Regulation will give guidance to Abu Dhabi Police, who will lead the off-site emergency response efforts …