The budget has set expenditure at Dhs99.5bn, focused on development projects linked to the Dubai Plan 2033 and the Dubai’s D33 agenda …
With his people in mind, Sheikh Mohammed approves Dubai’s future-focused budget
Approval for general budget for fiscal years 2026-28 and for FY2026; 28% expenditure in 2026 allocated to social development sectors, 48% to infrastructure investments …
Dubai Ruler Sheikh Mohammed approves Dh302.7 billion budget for 2026–2028, largest in history
Dubai Ruler Sheikh Mohammed bin Rashid Al Maktoum has approved the emirate’s largest-ever Dh302.7 billion (~$83 billion) budget for 2026–2028. The three-year plan, projecting revenues of Dh329.2 …
UAE strengthens climate leadership, rallies global efforts to finance climate action at COP30: Minister
Dr. Amna bint Abdullah Al Dahak, Minister of Climate Change and Environment, led the UAE delegation to the 30th UN Climate Change Conference (COP30) in Belém, Brazil, where she underscored the …
UAE launches US$1 billion ‘AI for Development’ initiative to advance digital infrastructure across Africa
The UAE has announced the launch of the ‘AI for Development’ initiative, worth US$1 billion, to support and finance artificial intelligence projects in African countries.The initiative aims to bolster …
UAE Eyes $50 Billion Investment Blitz in Canada’s Energy and AI Sectors
The UAE is prepared to invest up to $50 billion in Canada’s energy, AI, and data-center-related industries as Prime Minister Mark Carney seeks new global trade partners.
FAB, UAE-India CEPA Council partner to boost Indian start-ups
First Abu Dhabi Bank (FAB) and the UAE-India CEPA Council (UICC) have partnered to help high-potential Indian start-ups scale globally through the UAE, activating the innovation and investment pillars …
China and UAE complete first cross-border digital currency payment
China and the United Arab Emirates have jointly completed their first-ever cross-border payment using central bank digital currency, or CBDC, via the JISR network, marking a breakthrough in global …
Solana Firm Solmate Expands in UAE With New Abu Dhabi Finance Week Deal
Solmate Infrastructure partners with Abu Dhabi Finance Week 2025 as the Solana-focused company expands its Middle East presence.
Impact Investing, Sustainability and Philanthropy Majlis Concludes Three-Day Summit in Dubai
The Impact Investing, Sustainability and Philanthropy Majlis, hosted by Amaly Legacy, concluded its three-day summit on October 19, 2025, bringing together 90 global leaders representing more than …
UAE’s Strategic Bitcoin Investment Sparks Global Financial Debate
In a significant financial maneuver, the United Arab Emirates (UAE) augmented its Bitcoin holdings by a substantial 230% during the third quarter of 2025, inves …
Nasdaq Dubai welcomes $500m sukuk listing by Islamic Corporation for Development of private sector
The benchmark five-year Reg S Sukuk witnessed strong demand, with the order book exceeding $2 billion; today the total value of outstanding Sukuk on Nasdaq Dubai now stands at $102 billion …
Dubai: Emirates Islamic Bank to close 5 branches amid rationalising network
Emirates Islamic Bank is rationalising its branch network in the UAE as online banking is increasing in the country, a senior official said.
UAE completed its first Mbridge CBDC payment with China
The UAE represented by Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court, and Chairman of the Board of Directors of the Central Bank of the …
DIFC Innovation Hub and MBRSC partner to position Dubai as the Global South’s leading hub for SpaceTech commercialisation, finance, and insurance
The partnership will establish “Space for Earth Labs” a joint platform dedicated to accelerating the commercialisation …
Dubai launches 22mln sq ft auto market development project
DP World’s Economic Zones sector will deliver end-to-end logistics solutions encompassing e-commerce, trade finance, and asset development …
ADX at 25: IPO proceeds hit $16bln as exchange powers Abu Dhabi’s capital markets
Over the last 25 years, the ADX has achieved remarkable milestones that have shaped the capital markets and financial industry in the UAE and in the region …