Economy
Abu Dhabi Shipbuilding and Tech Innovation Institute Launch Maritime Innovation Hub
UAE Positions Itself as Global Maritime Tech Powerhouse with New Innovation Center Abu Dhabi is making a bold play for maritime technology leadership...
UAE Seeks Re-election to ICAO Council, Showcasing Aviation Expertise
UAE Positions Itself as Aviation AI Pioneer with Bold ICAO Council Bid The UAE is making an ambitious play to maintain its influence in global aviati...
Damac Unveils Damak District, a New Residential Project in Damac Hills, Dubai
DAMAC District: Dubai's Latest Mixed-Use Development Targets Post-Pandemic Living Trends DAMAC Properties has unveiled DAMAC District, a AED 1.1 mill...
Abu Dhabi Hosts IRENA's 29th Council Meeting, Driving Global Renewable Energy Agenda
Abu Dhabi Hosts Critical Energy Security Summit as Global Supply Chain Vulnerabilities Expose Renewable Transition Risks The International Renewable...
Chinese Technology Firm 'Rakz' Concludes Multi-City Tour, Exploring Expansion Opportunities
UAE's Ras Al Khaimah Doubles Down on China Strategy as Gulf States Pivot East The Ras Al Khaimah Economic Zone (RAKEZ) has concluded a strategic tour...
Emirati Businesswomen Unveil Plan to Empower Women's Role in National Economy
UAE Businesswomen's Council Launches Ambitious Gender Parity Drive to Power Economic Vision 2071 The UAE Businesswomen's Council has kicked off its s...
Dubai Business Events Wins ICCA Summit Award for Association Development
Dubai Reinforces Middle East Dominance in Global Business Events Market Dubai Business Events has secured the Association Development Award at the In...
Gold Shines Brighter as Investors Bet on Interest Rate Cuts
Gold Surges Past $3,600 as Fed Rate Cut Bets Drive Safe-Haven Demand Gold prices climbed firmly above $3,600 per ounce on Wednesday, buoyed by growin...
UAE Banks Process $3.12 Trillion in Overseas Remittances in 6 Months
UAE Banking Sector Hits Record Highs as Digital Payments Surge and Credit Expansion Accelerates The UAE's banking sector is experiencing unprecedente...
Soaring Investments in AI-Powered Smartphones: $298 Billion Spent Globally
AI-Powered Smartphones Set to Capture $298 Billion in Consumer Spending as Mobile Computing Enters New Era The smartphone industry is witnessing a fu...
Leading Ports and Customs Earn Prestigious Sustainability Certification
Dubai Port Authority Sets Green Infrastructure Benchmark with LEED Gold Certification Dubai's Ports, Customs and Free Zone Corporation has achieved L...
China Launches Maritime Satellites: Soaring into the Oceanic Frontier
China Advances Maritime Space Launch Capabilities with Smart Dragon-3 Mission China successfully launched its Smart Dragon-3 rocket from waters near...
Revolut Secures Preliminary Approval for UAE Payment Services License
Revolut Secures UAE Banking License as Global Fintech Giants Target Gulf's Digital Finance Boom Revolut, the London-based fintech giant serving over...
du Concludes the Third Edition of 'Infocomm 2025', Showcasing Technology Innovations
UAE Positions Itself as Global AI Powerhouse Through Strategic Tech Summit The UAE is making a bold statement in the global artificial intelligence r...
Abu Dhabi's Energy Company Partners with Goldman Sachs to Develop Water Sector
Abu Dhabi Strikes Goldman Sachs Water Deal as Gulf States Race to Secure Resource Independence Abu Dhabi's Department of Energy has signed its first...
Abu Dhabi Energy Department Partners with Goldman Sachs to Boost Water Sector Growth
Abu Dhabi Strikes Landmark Water Infrastructure Deal with Goldman Sachs as Gulf States Race to Secure Resource Independence Abu Dhabi's Department of...
UAE's Hotel Sector Generates Robust AED 26 Billion in Revenues During First Half, Reflecting 6.3% Growth
UAE Tourism Defies Global Headwinds with 26.3 Billion Dirham Revenue Surge The UAE's tourism sector is demonstrating remarkable resilience, posting h...
Finance Ministry Hosts Second Client Council to Streamline Bureaucracy
UAE Finance Ministry Accelerates Bureaucracy Elimination Drive to Boost Business Competitiveness The UAE Ministry of Finance has convened its second...
Dubai Chambers Hosts Workshops on Maritime, Governance, and Tax Regulations
Dubai Chambers Launch Strategic Business Compliance Initiative to Strengthen UAE's Corporate Governance Framework Dubai's business community is recei...
Dollar Plunges to 7-Week Low Amid Market Volatility
Dollar Plunges to Seven-Week Low as Job Market Revisions Fuel Fed Rate Cut Bets The U.S. dollar tumbled to its weakest level in nearly seven weeks on...
Gold Prices Soar to New Unprecedented Heights
Gold Hits Record High as Dollar Weakness and Fed Rate Cut Bets Drive Precious Metals Rally Gold prices soared to unprecedented levels on Tuesday, bre...
Layla Al Mansoori