Economy
UAE's Edge and General Atomics Partner to Manufacture Advanced Electronic Brake Control Systems
Layla Al MansooriThe UAE is building electronic brake control units for aircraft locally through a new partnership between its Defense Enabling Balance Council, Edge G...
Dubai's Thriving Economic and Commercial Hub: A Global Powerhouse
Dubai is building what it claims will be the world's largest car market, spanning 22 million square feet and designed to handle up to 800,000 vehicles...
L3Harris and EDGE Partner to Develop Cutting-Edge Defense Technology Solutions
L3Harris Technologies and UAE defense giant EDGE Group signed a memorandum of understanding to strengthen their partnership in the Emirates. The deal...
Oil Prices Decline as Supply Concerns Ease: Navigating Market Shifts
Oil prices dropped on Tuesday as supply concerns that had pushed markets higher began to fade. Brent crude futures fell 28 cents to $63.92 per barrel,...
National Financial Inclusion Strategy 2026-2030 Unveiled: Empowering Financial Access for All
The UAE just launched its most ambitious financial inclusion strategy yet, aiming to give every person in the country fair access to banking and finan...
Dubai Aerospace Solidifies UAE's Status as Global Aviation Innovation Hub
The UAE's aviation sector now contributes 18% of the country's GDP, and officials are using the Dubai Airshow to position the nation as a global hub f...
Emirates Soars with Starlink: 232 Aircraft Equipped for Seamless In-Flight Connectivity
Emirates Airlines announced it will install Starlink high-speed internet across its entire fleet of 232 aircraft, starting with Boeing 777s in Novembe...
Gold Prices Rise as Investors Await US Fed's Interest Rate Guidance
Gold prices edged up slightly on Monday as investors wait for key U.S. economic data this week that could shape Federal Reserve policy on interest rat...
Abu Dhabi Dominates Global Travel Awards 2025 with Coveted Accolades
Abu Dhabi swept multiple categories at the 2025 World Travel Awards, cementing its position as the Middle East's top destination for business travel,...
Airbus Forecasts Massive Middle East Demand: 4,080 New Passenger Jets Needed Over Next 20 Years
Airbus expects the Middle East's aircraft fleet to more than double over the next two decades, jumping from around 1,480 planes in 2024 to nearly 3,70...
Dubai Energy Authority Intensifies Inspections on Gas Cylinder Distribution Sector
Dubai's Supreme Committee of Energy has launched a major crackdown on illegal gas cylinder operations, seizing over 12,000 counterfeit cylinders and u...
Soaring Profits: Adnoc Group Nets $7.4 Billion, up 11.4% YoY
Six ADNOC subsidiaries listed on the Abu Dhabi Securities Exchange posted combined profits of 27.41 billion dirhams in the first nine months of 2025,...
Advanced Mobility Hub and Etihad Airways Partner for Cutting-Edge Air Transport Projects
Abu Dhabi is making a major push into flying taxis and electric aircraft. Advanced Mobility Hub from Multi Level Group just signed a deal with Abu Dha...
Emirati Aluminum Firm Concludes 'Ramp-Up' Accelerator for Aspiring Entrepreneurs
Emirates Global Aluminium just wrapped up the third season of its "Ramp-Up" startup program, marking three years of government-backed efforts to build...
Dubai Chambers Explore Enhancing US Trade and Investment Opportunities
Dubai's Chamber of Commerce hosted two roundtable discussions in New York City with US investors to strengthen business partnerships and showcase Duba...
Gold Prices Soar: Investors Seek Safe-Haven Assets Amid Market Volatility
Gold prices edged higher Friday and are on track for weekly gains, helped by a weaker dollar. But the rally stayed limited after Federal Reserve offic...
UAE Vice President Sheikh Mohammed Bin Rashid Visits Emirates NBD Bank
Sheikh Mohammed bin Rashid bin Mohammed bin Rashid Al Maktoum visited Emirates NBD's headquarters in Dubai CommerCity, where he met with the bank's ex...
Sharjah Chamber Explores the Future of Quality in the Age of Artificial Intelligence
The Sharjah Chamber of Commerce and Industry held its World Quality Day forum, bringing together business leaders and AI experts to discuss how artifi...
ADNOC Gas Generates $4 Billion in 9-Month Net Profit, a 10% Increase
ADNOC Gas PLC just posted its highest quarterly profit ever, earning 4.92 billion dirhams ($1.34 billion) in Q3 2025. That's an 8% jump from the same...
Emirati Leader Inaugurates Abu Dhabi Jewelry and Watch Exhibition 2025
Abu Dhabi's 32nd Jewelry and Watch Exhibition opened yesterday with over 120 brands from 20 countries participating through November 16. The event sho...
Credit Information Agency Publishes 17 Million Annual Credit Reports and Assessments
Al Ittihad Credit Bureau, the UAE's main credit reporting agency, has grown from issuing 1 million credit reports in 2014 to over 17 million reports a...