Economy

Fujairah Chamber Explores Strategies to Bolster UAE-Indonesia Trade Ties
Fujairah Courts Indonesian Investment as UAE Expands Southeast Asian Economic Ties The Fujairah Chamber of Commerce is actively pursuing deeper busin...

Sharjah Islamic Bank Reports 25% Profit Growth in First Half, Earning AED 697 Million
Sharjah Islamic Bank Posts 25% Profit Surge as Fee Income Strategy Pays Off Sharjah Islamic Bank delivered a standout performance in the first half o...

Autonomous Vehicles Take Flight at Al Maktoum International Airport with Dnata's Latest Innovation
Dubai Airport Pioneers Autonomous Ground Operations with Self-Driving Baggage Tractors Dubai's aviation sector is taking a bold step toward full airp...

Etihad Airways Unveils 7 Exciting New Destinations for Travelers
Etihad Airways Bets Big on Central Asia and Eastern Europe in Major Route Expansion Abu Dhabi's Etihad Airways has unveiled an ambitious expansion pl...

Newly Appointed Securities and Commodities Authority CEO Elected as Chair of AMERC, IOSCO's Regional Committee
UAE Securities Chief Takes Helm of Major Regional Financial Authority The UAE has secured another key position in global financial governance as Wali...

Gold Surges as Investors Await US Inflation Data
Gold Edges Higher as Markets Brace for Critical US Inflation Data Gold prices climbed modestly on Tuesday as investors positioned themselves ahead of...

Abu Dhabi Hotels Shine: Soaring Occupancy Rates in June Reach Highest Levels Since 2009
Abu Dhabi Hotels Hit 15-Year High as Strategic Tourism Push Pays Off Abu Dhabi's hospitality sector delivered its strongest June performance since 20...

UAE Ministry Unveils Next Phase of Comprehensive Economic Policy Overhaul
UAE Launches Ambitious Phase Two of Economic Policy Overhaul with OECD Partnership The UAE Ministry of Economy and Tourism has unveiled the second ph...

UAE's Etihad Airways Soars with 10.2 Million Passengers in First Half
Etihad Airways Emerges as Middle East's Fastest-Growing Carrier with 17% Passenger Surge Abu Dhabi's Etihad Airways has cemented its position as the...

National Sukuk Platform Welcomes RAK Bank to Liquidity Management Solution
UAE's Islamic Finance Infrastructure Expands as RAK Bank Joins National Sukuk Platform The UAE's Islamic finance ecosystem strengthens further as RAK...

Emirati-Tunisian Cooperation Holds Vast Potential, Says UAE Minister
UAE and Tunisia Target Strategic Food Security Partnership as Gulf State's Agri-Food Sector Surges The UAE is positioning itself as a regional leader...

Federal Tax Authority Seizes Contraband Luxury Goods: Cracking Down on Evasion
UAE Tax Authority Uncovers Massive Tobacco Smuggling Operation Worth $36 Million The UAE Federal Tax Authority has seized over 3.5 million units of i...