Sunday, July 20, 2025

Economy

Economy
Ministry Unveils Flexible 2027-2029 Budget Plan Focused on Sustainability and AI Integration

UAE Launches Revolutionary AI-Powered Budget System, Signaling Major Shift in Government Financial Strategy The UAE Ministry of Finance has unveiled...

Economy
Federal Tax Authority Urges Companies to Register for Corporate Tax Exemption Deadline

UAE Corporate Tax Amnesty Drives 38,000 New Registrations as Compliance Deadline Approaches The UAE's Federal Tax Authority has successfully attracte...

Economy
UAE's Express Delivery Service Expands to Australia, Offering Seamless Logistics Solutions

Emirates Cargo Fast-Tracks Australia Expansion to Capture Booming E-Commerce Market Emirates has rapidly expanded its express cargo services to Austr...

Economy
Dubai International Financial Centre Unveils Regulatory Updates to Enhance Business Environment

Dubai's Financial Hub Strengthens Data Protection Laws with New Private Litigation Rights The Dubai International Financial Centre (DIFC) has enacted...

Economy
Gold Surges as Dollar Declines: A Lucrative Opportunity for Investors

Gold Surges as Dollar Weakness Overshadows U.S. Inflation Concerns Gold prices climbed on Wednesday as a weakening dollar and falling Treasury yields...

Economy
ADNOC to Transfer 24.9% Stake in OMV to XRG, Strengthening Energy Partnerships

ADNOC Reshuffles Global Assets as UAE Positions for Energy Transition Abu Dhabi National Oil Company (ADNOC) is transferring its 24.9% stake in Austr...

Economy
Oil Prices Surge Amid Sustained Demand Outlook

Oil Prices Rise on Renewed Optimism for US-China Demand Recovery Oil prices climbed Wednesday as traders bet on sustained demand from the world's two...

Economy
Zayed International Airport: Gateway to Aviation Growth and Prosperity

Abu Dhabi Airport Emerges as Middle East's Fastest-Growing Aviation Hub Zayed International Airport is positioning itself as the Middle East's most d...

Economy
Abu Dhabi Chamber Empowers Entrepreneurs and Small Businesses in Al Ain

Abu Dhabi Chamber Launches Direct Outreach Initiative to Strengthen Small Business Ecosystem in Al Ain The Abu Dhabi Chamber of Commerce and Industry...

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...

Economy
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...

Economy
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...

Economy
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...

Economy
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...

Economy
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...

Economy
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...

Economy
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...

Economy
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...

Economy
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...

Economy
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...

Economy
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...