Most companies in the UAE paused hiring in the first quarter of 2025, choosing instead to operate with existing staff, according to recruitment company Cooper Fitch.The country recorded a 1.25 per …
Abu Dhabi Shares Witness Highest Overseas Buying Among GCC Peers In First Quarter
The Abu Dhabi Stock Exchange (ADX) witnessed the highest buying by foreign investors among GCC stock markets in the first quarter, a rep …
Dubai Financial Market Unveils the Global Speaker Line-Up and Agenda for the 2025 Capital Market Summit
Dubai Financial Market (DFM) announced the agenda and speaker line-up for the upcoming 3rd MENA Capital Market Summi …
UAE turns to AI to draft the laws of the future
The system aims to create laws that reflect the needs of the UAE’s economy and diverse population. In practice, this means AI will help draft laws in multiple languages and plain terms, designed to be …
UAE wealth growth drives record real estate transactions, says Knight Frank report
As of December 2024, the UAE hosted 130,500 dollar millionaires, ranking as the 14th largest wealth market globally …
Japan’s crude oil imports in structural decline, dependence on Middle East grows
Japan’s crude imports are in structural decline. The country is increasingly dependent on Saudi Arabia and the UAE, according to Vortexa. The decrease in Japan’s crude imports from 2022 to 2024 can be …
Sharjah Asset Management participates in Arabian Travel Market
Sharjah Asset Management, the investment arm of the Government of Sharjah, is participating in the Arabian Travel Market 2025, which will be held from 28th April to 1st May at the Dubai World Trade …
Empowering UAE Startups: DianApps introduces end-to-end mobile and web development services
The business now provides a full range of digital services designed to meet the demands of UAE startups and focused on development companies …
UAE’s Sunset Hospitality Group Bags US$25 Million Investment
UAE-headquartered global lifestyle hospitality company Sunset Hospitality Group (SHG) has secured a US$25 million investment from the private credit business line of the New York-based investment …
UAE Global Cadres to empower Emirati talents to play influential role in financial and economic sectors globally
The “UAE Global Cadres” initiative will host educational workshops and interactive sessions, empowering Emirati participants to build international professional networks that support their career …
Gold prices hit new highs in UAE: Some shoppers sell old jewellery, delay buying new
Gold maintains its strong appeal as a safe-haven asset among Dubai shoppers. Although “small slowdown” in purchases can be expected amongst price-conscious consumers …
UAE petrol price prediction May 2025: Will we see another drop?
The price of UAE petrol and diesel changes every month. An announcement of the new rates will come on Wednesday April 30 and the new petroleum cost will be in place from Thursday May 1. In April, …
Dinky, ‘the most famous cat in Dubai’, dies
The family, who dubbed him “Dinky, the most famous cat in Dubai” said he died suddenly on Monday but had “definitely made his mark on this earth during his adventurous life”. Mr and Mrs Lees had been …
Dubai-Based Arabic.AI Built an Arabic-First Autonomous AI Platform that Outperforms ChatGPT-4
Arabic.AI has developed Pronoia, a proprietary large language model that benchmarks show outperforming GPT-4, Deepseek and Cohere and other leading systems on Arabic language tasks.
Hamdan bin Mohammed meets with first batch of companies granted Dubai AI Seal
Hamdan bin Mohammed meets with first batch of companies granted Dubai AI Seal at Dubai AI WeekInitiative supports trusted AI partnerships and strengthens Dubai’s leadership in responsible AI deploymen …
UAE jobs: Soon, AI will be able to perform 25% of work tasks, warns report
Up to a quarter of existing work tasks may soon be automated by artificial intelligence, with some industries expected to reach 50 per cent automation within the next five years.
The Offshore Energy in the Gulf Fifteen Years after Deepwater Horizon
Much has changed in the Gulf Coast region in the years since the Deepwater Horizon blowout and oil spill. In this piece, Lauren Alexander Augustine, executive director of the Gulf Research Program, …