Family offices and ultra high net-worth individuals (UHNWIs) are expected to contribute $500 billion to the UAE economy by 2026, a new report finds. This figure accounts for an anticipated 46 percent …
Uae: From Weaving Ropes To Salting Fish, How This Festival Is Teaching Kids The Ancestral Art Of Fishing
The highlight of the event was septuagenarians and octogenarians belonging to fishermen’s families teaching young kids about weaving nets and ropes, the construction of the traditional dhow, and …
W Hotels to open in 2027 on Al Marjan Island, UAE
M arjan, a master developer of freehold properties in Ras Al Khaimah, a city in the UAE, has announced the launch of a W Hotel in 2027 on Al Marjan Island in the United Arab Emirates through a …
Historic CEPA to add new vigour to Vietnam-UAE ties’ 30th anniversary celebrations: Envoy
ABU DHABI – Vietnam and the UAE are expected to conclude the Comprehensive Economic Partnership Agreement (CEPA) this year, which will add new vigour to the 30th anniversary celebrations of diplomatic …
Uae, New Zealand Enter Preliminary Discussions On Comprehensive Economic Partnership Agreement
The and New Zealand already share a productive trade relationship, with non-oil trade reaching US$805 million in 2022, a growth of 7 percent compared to 2021 and 23 percent more than in 2020. As of …
Mumbai Airport Customs Seize Over 3KG Gold From 2 Indian Nationals Travelling From Sharjah; Visuals Surface
Mumbai: Officers of Mumbai Airport Customs seized 24 KT Gold Dust weighing 1.79 kg from an Indian National travelling from Sharjah on Thursday. The Gold was found concealed in a specially designed …
ADNEC Group launches charter flights to Europe, Central Asia to attract tourists to Abu Dhabi
This new service, available from Europe and central Asia, is poised to increase visitor arrivals to the UAE, while further solidifying ADNEC Group’s position as a key player in the regional tourism se …
Abu Dhabi: Road closure on Sheikh Zayed bin Sultan Street
The Integrated Transport Centre (ITC) has issued a notification for motorists. The ITC has announced a partial road closure of multiple streets in Abu Dhabi. For those using the Sheikh Zayed Bin …
Sorbonne University Abu Dhabi organises orientation event for new intake
The event took place from 29 to 31 August and aimed to facilitate a seamless transition for new students into university life, ensuring that students embark on their educational journey well-prepared …
Bitay announces strategic expansion into UAE’s burgeoning crypto market
The UAE, which has an impressive 99 per cent internet penetration rate according to a McKinsey study, welcomes Bitay, a cryptocurrency platform from Turkey. This move aligns with the UAE’s growing …
UAE family offices and UHNWIs forecasted to contribute half $1trln by 2026
UAE – In the UAE, financial wealth, generated by ultra-high-net-worth individuals and family offices is forecasted to increase to 46 per cent by 2026. It is estimated that the overall UAE’s financial …
Brazil set to capitalize on Saudi-UAE competition as investments take shape
South America’s largest economy has been actively engaging with the UAE and Saudi Arabia under newly reelected President Luiz Inácio Lula da Silva.
UAE eyes $50bln in trade with Turkey and Indonesia in 5 years
Turkey CEPA and the UAE-Indonesia CEPA will now remove or reduce tariffs on a vast array of goods, eliminate unnecessary barriers to trade, and establish pathways for investment into priority sectors …
UAE weather: Fair to partly cloudy day ahead, temperatures may drop this afternoon
Low clouds are expected to appear over the eastern coast by morning, with a chance of convective cloud formation in eastward regions by afternoon. Temperatures are expected to decrease in the …
UAE leads MENA’s M&A deals in H1 2023 as state reforms draw investors
Last March, Apollo Global Management and ADIA confirmed plans to acquire UAE-headquartered Univar Solutions for $8.2 billion. Also in the same month, Blackstone and ADIA signed a deal to acquire Cvent …
Abu Dhabi Airport’s New Terminal-A Building To Get Operational From November
By November this year, the new Terminal A building of the Abu Dhabi Airport will become operational with over 7 lakh sq-km of built-up area.
Abu Dhabi looks to new aviation era as $3bn terminal to open
A beacon of modernity and sophistication, it will be a pivotal driver for our emirate’s growth by spurring tourism and trade.”Covering 742,000 square metres of built-up area, Terminal A is one of the …