In most respects, ADNOC is a classic asset management company, inward-looking, focused on scale efficiencies, technical excellence, minimizing risks and maximizing financial returns. This stands in …
Türkiye’s exports to UAE jump more than 30% in 7 months
Türkiye’s exports to the United Arab Emirates (UAE) have surged to $2.5 billion (TL 67.5 billion) within the first seven months of this year, …
Abu Dhabi tourism surges on back of vast cultural programmes, travel report reveals
Culture remains at the heart of Abu Dhabi’s tourism growth, according to a government report.Last year, the UAE capital welcomed 18 million visitors, with three million taking in the emirate’s …
Dubai’s GDP grows 2.8% in Q1 2023 to reach AED111.3 billion
Dubai’s Real Gross Domestic Product (GDP) grew 2.8 percent year-on-year in the first quarter of the year to reach AED111.3 billion surpassing average global growth rates for Q1 2023. The surge …
Dubai’s Neweast to launch $136 Million Automotive Parts Distribution Hub in Jafza
Neweast’s hub in Jafza is slated for completion by October 2024. Dubai’s Neweast to launch $136 Million Automotive Parts Distribution Hub in Jafza. dubai, logistics, middle east, NEWS, Ports & Free …
SBWC connects 500+ women to UAE’s thriving business ecosystem in Q2 2023
From capacity building and the right business opportunities, SBWC has developed a vibrant community of established and aspiring business women …
UAE: Eshraq Investments announces $9.53mln profit for Q2 2023
In Q2 2023, Eshraq finalised the sale of 58 apartment units in Burj Daman for a total consideration of AED162.01 million in cash, enabling the Company to settle the outstanding mortgage and redeploy …
Dxb Live Marks 20% Business Growth In H1 2023
DXB LIVE, the experiential agency of Dubai World Trade Centre (DWTC), announced a 20% business growth in the fi …
Abu Dhabi’s Yahsat posts $205m in half-year revenue
Yahsat Group’s mobility solutions registered strong double-digit growth in the second quarter of the year, up 12 per cent.
Dubai Chamber of Commerce reports 30,000 new joinees in H1 2023
More than 30,000 new companies joined Dubai Chamber of Commerce during H1 2023 as value of members’ exports exceeds Dhs137bn …
Dubai Taxi Corporation launches digital transformation strategic plan 2022-2025
The strategy is built on 9 key drivers namely: artificial intelligence, smart revenues, the Internet of things, smart city, big data, governance, security systems & upgraded systems, process …
News focus: World’s first digital economy court opens – in Dubai
As the Dubai International Financial Centre Courts unveil the world’s first digital economy court, justice Michael Black KC envisages a busy schedule when the court hears its first case listed for …
Abu Dhabi Customs introduces high tech security systems at strategic checkpoints
Abu Dhabi Customs is maintaining its ongoing efforts to boost the performance of customs checkpoints to facilitate import/ export procedures whilst ensuring maximum security. In line with this …
Dubai Chamber members’ H1 exports rise 7pc to hit $37.3bn
The total value of exports and re-exports of Dubai Chamber of Commerce member companies increased by 7% during the first half (H1) of 2023 to reach AED137.6 billion ($37.3 billion), up from AED129.4 …
Tributes paid to Emirates pilot killed in plane crash
Tributes have been paid to a former Emirates Airline captain and his wife who died in a plane crash near Brisbane, Australia.Australian grandparents David and Jan Maddern, both former Dubai residents, …
Dubai’s new centre dedicated to artificial intelligence holds ‘great potential’ for India’s startups
“The UAE, Saudi Arabia and other Gulf states have relied on Indian offshore services heavily but have [not often partnered] with Indian firms on research and development in the past. Now there is a …
Abu Dhabi’s ADQ, Safe Haven Solutions to construct high-tech greenhouse in KEZAD
With the UAE’s dependency on imports of produce and the country’s annual consumption of fruits and vegetables projected to increase by 18 per cent between 2019 and 2026, this is a key project for ADQ.