Economy
Jebel Ali Port Sees Impressive 28% Surge in Vehicle Handling During First Half of the Year
Layla Al MansooriDubai Builds World's Largest Auto Trading Hub as Vehicle Imports Surge 28% DP World has unveiled a massive 2.6 million square foot expansion at Jebel...
Union Air Freight Operates 275 Cargo Flights to and from Yichuan Airport in 24 Months
Etihad Cargo Doubles Down on China's First Dedicated Air Freight Hub Etihad Cargo has transformed a strategic bet into a major logistics success, com...
Ajman's Real Estate Transactions Soar to AED 3.25 Billion in July 2025
Ajman's Real Estate Market Surges 62.5% as Smaller Emirates Gain Investor Confidence Ajman's property market delivered a standout performance in July...
Rakez and Rana Partner to Establish Erisha Smart Manufacturing Complex in Ras Al Khaimah
UAE's Ras Al Khaimah Lands Major Electric Vehicle Manufacturing Hub in $2 Billion Green Energy Push Ras Al Khaimah has secured a transformative indus...
Sharjah Holding's Board Spotlights Operational Activities, Explores Sustainable Growth Strategies
Sharjah Holding Accelerates Sustainable Development Push Through Strategic Partnerships Sharjah Holding is doubling down on sustainable urban develop...
Abu Dhabi Utility Deploys First Vertical LPG Storage System for Food Facilities
Abu Dhabi Rolls Out Revolutionary Vertical LPG Tank System to Transform Food Industry Safety Abu Dhabi's Department of Energy has launched the emirat...
Adnoc Distribution Sees 12.2% Surge in Net Profits in H1
ADNOC Distribution Delivers Record-Breaking Growth as Regional Fuel Giant Accelerates Expansion UAE's ADNOC Distribution has posted its highest-ever...
Gold Surges as Dollar Plummets: A Precious Opportunity
Gold Edges Higher as Dollar Weakens Ahead of Fed Rate Decision Gold prices posted modest gains Thursday as the U.S. dollar retreated amid growing exp...
Oil Prices Surge Amid Strong Demand Outlook
Oil Prices Halt Five-Day Slide as US Demand Offsets Ukraine Diplomacy Hopes Oil markets staged a modest recovery Thursday, breaking a five-day losing...
UAE Residents Spend 186 Billion Dirhams on Tourism Annually
UAE Residents Fuel $50 Billion Travel Boom as Tourism Sector Hits Record Highs UAE residents are driving an unprecedented travel spending surge, allo...
ADNOC Gas Profits Surge to AED 5.09 Billion in Q2 2025
ADNOC Gas Delivers Record Profits as UAE Energy Giant Bets Big on Global LNG Expansion ADNOC Gas has shattered its own quarterly earnings record, pos...
Discover Fujairah's Sustainable Mining Practices Award: Elevating Environmental Excellence
Fujairah Launches Regional Mining Sustainability Awards to Drive Green Economy Transformation The Fujairah Natural Resources Authority has announced...
Emaar Properties Reports 30% Growth in Profits, Reaching AED 8.88 Billion
Emaar Properties Delivers Record-Breaking Growth as Dubai's Property Boom Accelerates Dubai's real estate giant Emaar Properties has posted exception...
Dubai Sees Surge in Building Permit Applications: 30,000 Requests in First Half of Year
Dubai's Construction Boom Accelerates as Building Permits Surge 20% in Early 2025 Dubai's construction sector is experiencing unprecedented momentum,...
Emaar Development Soars: 41% Profit Surge in H1, Reaching AED 4.7 Billion
Emaar Development Surges 41% as Dubai's Property Boom Accelerates Dubai's real estate giant Emaar Development has posted a remarkable 41% surge in ne...
Dubai Roads Authority Sees Surge in Metro and Tram Passengers Embracing Digital Channels
Dubai's Digital Payment Push Cuts Metro Card Top-Up Queues by 26% in First Half of 2025 Dubai's public transport authority has successfully shifted p...
UAE Nuclear Regulator Hosts IAEA Inspection Mission
UAE Nuclear Authority Sets Global Benchmark with AI-Powered Knowledge Management System The UAE Federal Authority for Nuclear Regulation has earned i...
UAE's United Arab Bank Raises AED1.031 Billion Through Rights Issue
Arab Bank Al Etihad Raises $280M in Oversubscribed Rights Issue, Signaling UAE Banking Sector's Capital Strength United Arab Bank (UAB), listed on th...
UAE Participates in Global Ministerial Meeting on Small and Medium Enterprises in Johannesburg
UAE Leverages Global SME Summit to Showcase Its Entrepreneurship Dominance The UAE has reinforced its position as a global entrepreneurship hub by pa...
UAE Showcases Energy Transformation Efforts at G20 Summit in South Africa
UAE Leverages Nuclear Success to Lead G20 Energy Transition Agenda in Africa The United Arab Emirates is positioning itself as a key architect of glo...
Central Bank Fines Finance Company for Regulatory Violations
UAE Central Bank Tightens Grip on Finance Sector with AED 600,000 Penalty The UAE Central Bank has imposed a substantial AED 600,000 fine on a financ...