Economy

Abu Dhabi's Real Estate Transparency Boosts Sector Competitiveness
Abu Dhabi's Real Estate Transparency Push Pays Off as Foreign Investment Surges 125% Abu Dhabi's strategic focus on real estate market transparency i...

Arabian Airlines Alliance Secures Operation of New Budget Carrier in Saudi Arabia
Saudi Arabia Launches New Budget Airline in Strategic Aviation Expansion A consortium led by Air Arabia, Nesma Group, and Kun Holding has won the bid...

Mubadala Launches Ambitious Marina Island Waterfront Revitalization Project
Abu Dhabi's Mubadala Launches Ambitious Al Mariyah Island Waterfront That Could Rival Dubai's Tourism Magnets Abu Dhabi's sovereign wealth fund Mubad...

Majid Al Futtaim Acquires 50% Stake in Saudi's Sinom Retail, Strengthening Retail Dominance
UAE's Al-Futtaim Makes $667 Million Play for Saudi Retail Market Dubai-based Al-Futtaim Retail has agreed to acquire up to 49.95% of Saudi Arabia's C...

GCC Nations Achieve Sustainable Waste Management Milestones
Gulf States Achieve Major Waste Management Breakthrough as Recycling Surges 128% The Gulf Cooperation Council (GCC) has reached a significant environ...

UAE Residents Reclaim $870M in Tax Refunds for Home Construction by June
UAE's Digital Tax Revolution: How Smart VAT Refunds Are Reshaping Tourism and Real Estate The UAE Federal Tax Authority has reported remarkable growt...

OpenAI Unveils Universal AI Agent for ChatGPT: Revolutionizing Conversational AI
OpenAI's ChatGPT Agent Marks Critical Step Toward AI Automation Revolution OpenAI has launched its most ambitious artificial intelligence agent yet,...

Discover Luxury Living at Bab Al Qasr Canal View Residence 22 in Abu Dhabi
Abu Dhabi's Luxury Real Estate Boom Continues with $200M+ Waterfront Development Portville Real Estate has launched its seventh residential project i...

UAE and US Launch Accelerated Patent Granting Program to Drive Innovation
UAE and US Sign Patent Fast-Track Deal to Accelerate Innovation Hub Strategy The United Arab Emirates has secured a strategic partnership with the Un...

UAE's Mobile Phone Sales Soar to AED 2.61 Billion, Showcasing Industry Growth and Opportunity
UAE Mobile Phone Market Surges as Global Trade Tensions Drive Strategic Stockpiling The UAE's mobile phone market experienced robust growth in Q1 202...

EU Launches Strategic Partnership Negotiations with Gulf Cooperation Council Countries
Europe Pivots East: EU Council Greenlights Comprehensive Partnership Negotiations with Gulf States The European Union has authorized bilateral negoti...

Local Stocks Soar: UAE Market Gains Over AED 77.79 Billion in a Single Week
UAE Stock Markets Surge AED 77.8 Billion as Foreign Investors Fuel Record-Breaking Rally The UAE's stock markets delivered a spectacular performance...

Emirates Unveils Exclusive Travel Experience for First-Class Passengers
Emirates Doubles Down on Ultra-Luxury Travel with Exclusive First-Class Terminal in Dubai Emirates Airlines has opened a dedicated first-class check-...

Revamp of Selective Tax on Sweetened Beverages: Unlocking Healthier Choices for Consumers
UAE Pioneers Progressive Sugar Tax Model to Combat Health Crisis and Drive Industry Innovation The United Arab Emirates has announced a groundbreakin...

Soaring to New Heights: Etihad Airways Celebrates 20 Million Passengers and Over 100 Aircraft in Its Fleet
Etihad Airways Doubles Passenger Numbers to 20 Million in Record-Breaking Growth Surge Etihad Airways has achieved a historic milestone by carrying 2...

UAE's Economy Fortified by Diversity and Proactive Fiscal Policies Amidst Crises
UAE Emerges as Global Economic Safe Haven Amid Rising Trade War Tensions While global markets brace for a new wave of U.S. tariffs and production shi...

Platinum and Beem Global Forge Strategic Partnership in Clean Energy Technologies
UAE Emerges as Clean Energy Manufacturing Hub as US Tech Giant Establishes Regional Base Abu Dhabi has secured another major win in its bid to become...

Emirati Art Shines Bright on Global Stages, Supported by HSBC and Abu Dhabi Art Fair
HSBC Bridges UAE Art Scene with Hong Kong in Strategic Cultural Diplomacy Move HSBC's decision to showcase Emirati and Middle Eastern artists at Hong...

Dubai's Luxury Living Redefined: Shoba Briefi Group Caters to Wealthy Influx
Dubai's Ultra-Luxury Housing Market Evolves to Capture Global Millionaire Migration Wave Dubai's real estate landscape is undergoing a dramatic trans...

Local Stock Markets Soar to Staggering 32.66 Billion Dirhams in Gains
UAE Stock Markets Hit Historic Highs as Banking Sector Fuels Economic Confidence The UAE's stock markets surged to multi-year highs yesterday, with D...

Ajman Economic Development Authority Launches Customer Council to Enhance Service Quality
Ajman Launches Customer Council to Revolutionize Government Service Delivery Ajman's Department of Economic Development has established a dedicated C...