Recent data from the Natural Resources and Energy Agency of the Japanese Ministry of Economy, Trade and Industry reveals Japan’s significant dependen …
Where to watch Eid fireworks in Abu Dhabi in 2024
Yas Bay Waterfront and Yas Marina will both host fireworks for visitors throughout Eid. Which means, every evening at 9pm for three days, there will be Eid fireworks in Abu Dhabi. You will be able to …
Dubai real estate: Lower-income buyers, 41% ROI and younger investors behind surge in demand for villas
The Dubai real estate sector could see an increase in villa sales as younger people and investors on lower salaries take an interest in this sort of home, according to Property Finder analysis. Data …
UAE GDP to grow 5.2% next year amid thriving economy
The Central Bank noted that the UAE’s consolidated fiscal balance for the first nine months of 2023 posted a surplus of AED61bn ($16.6bn), equivalent to 4.4 per cent of GDP, with total revenues …
Dubai prince issues third statement in 4 days, reaffirms plan to launch US$500 million family office in Hong Kong
Sheikh Ali Rashed Ali Saeed Al Maktoum’s family office also reiterates its right to take legal action over any false information, days after abrupt launch postponement.
Applications open in UAE for Visa Everywhere Initiative
Visa Everywhere Initiative tasks fintech startups with solving today’s most pressing payments and commerce challenges …
Why CT-based Otis Worldwide is upgrading elevators in Burj Khalifa, world’s tallest building
Farmington-based Otis Worldwide will continue to help manage the prolific foot traffic in the Burj Khalifa tower in Dubai, after announcing last month an agreement with the property’s owner to upgrade …
UAE emerges as major Crude Oil supplier to Japan in February 2024
The UAE secured 44.1 percent, namely 31.3 million barrels, of Japan’s crude oil needs in February 2024. UAE Emerges as Major Crude Oil Supplier, Meeting 44.1% of Japan’s Needs in February 2024.
Product tanker rally lifts Gulf Navigation into the black
The strong product tanker markets helped Gulf Navigation return to profit last year, newly released figures from the shipowner show. The Dubai-listed company booked net income of AED 21m ($5.7m) for …
ADNOC commences crude oil production from Belbazem Offshore Block
ADNOC will optimise operations by combining neighbouring fields, integrating AI and digitalisation. ADNOC commences crude oil production from Belbazem Offshore Block. Exploration & Production, NEWS, …
UAE: Ministry bans fishing of two species this month
Beginning April 1 until April 30, fishing of Golden trevally (Gnathanodon speciosus) and Painted sweetlips (Diagramma pictum) is prohibited as the month is..
Abu Dhabi’s ambitious 2030 tourism strategy: GDP contribution at $90bn, over 178,000 jobs
Abu Dhabi’s Tourism Strategy 2030 outlines ambitious objectives, including boosting visitor numbers to 39.3 million and increasing the sector’s GDP contribution to Dhs90bn by 2030. Additionally, the …
Department of Community Development announces achievements of volunteer work in Abu Dhabi during 2023
The Department of Community Development – Abu Dhabi (DCD), the regulatory authority overseeing the social sector in Abu Dhabi, has revealed the remarkab …
UAE: Two in three small firms express positive view of the future business environment
Small and medium Enterprise (SME) sectors in the UAE have moved from a stage of resilience to prosperity after the Covid-19 pandemic, with two out of three expressing a positive view of the future …
UAE announces new Corporate Tax registration deadlines: What businesses need to know
Under the latest decision announced by the Federal Tax Authority (FTA), resident companies established or incorporated in the UAE prior to March 1 must adhere to specific deadlines this year to …
How The UAE Inspired Maria Pavani To Become An Entrepreneur
Maria Pavani founded her specialty coffee startup Tres Marias Coffee Company in Dubai in 2019 after noticing many cultural similarities between the UAE and her native Brazil, especially with respect …
Dubai real estate: Emaar reveals plans for The Oasis residential community
According to Arabian Business, the developer has invested an estimated $20 billion (AED73.4 billion) on The Oasis by Emaar, located adjacent to Jumeirah Golf Estates and DAMAC Hills in Dubai. The …