Economy
Jaguar Land Rover Secures £1.5 Billion Loan to Fuel Innovation and Sustainability
Omar RahmanThe UK government is backing a £1.5 billion ($2 billion) loan for Jaguar Land Rover after a cyberattack shut down the automaker's production and left...
The UAE's Real Estate Services Market to Soar to AED 67.7 Billion by 2025
The UAE's real estate services market is set to reach 67.7 billion dirhams ($18.45 billion) in 2025, growing to 90.8 billion dirhams ($24.75 billion)...
Emirati Fragrance Incubator Nurtures Emerging Brands
Sharjah is hosting the third UAE Perfumes and Oud Exhibition from October 3-12, bringing together over 500 companies and brands from around the world....
Emirati Firm Electrifies Over 250,000 Chadian Homes with Clean Energy Solutions
A UAE energy company has launched Chad's largest solar power plant, bringing electricity to 274,000 homes in a country where most people still lack re...
Soaring Expectations: Etihad Airways CEO Projects 200,000 Visitors for Abu Dhabi Stopover Program in 2023
Etihad Airways' stopover program in Abu Dhabi is seeing remarkable growth, with nearly 200,000 visitors expected this year compared to just 85,000 in...
Sharjah Finance 5th Forum Enhances System Efficiency and Digital Transformation
Sharjah's Central Finance Department held its fifth financial forum, bringing together 250 government officials to showcase digital initiatives that a...
Alberta Premier and Canada's Minister of Tourism and Economic Development Discuss Strengthening Cooperation
The UAE and Alberta, Canada are deepening their economic partnership with a focus on clean energy, food security, and emerging technologies. UAE Econo...
China's Digital Trade Expo Draws Huge Crowds to Saudi Pavilion
The UAE pavilion at the Global Digital Trade Expo in Hangzhou, China is drawing major attention from international companies and investors. The countr...
UAE Tourism: Ambitious Strategic Vision and Sustainable Growth
As the world marks World Tourism Day today under the theme "Tourism and Sustainable Transformation," the UAE stands out as a prime example of how the...
ADNOC Legal Advisor Appointed as Regulatory Compliance Chair at World Economic Forum
The World Economic Forum has appointed Marwan Najma, ADNOC's General Counsel, to chair its newly formed Regulatory Compliance Committee. This move hig...
Emirati Pavilion at Expo Osaka Surpasses 4 Million Visitors, Captivating Global Audience
The UAE pavilion at Expo 2025 Osaka has crossed four million visitors, making it one of the most popular national pavilions at the international exhib...
Oil Poised for Largest Weekly Gains in 3 Months
Oil prices jumped Friday and are heading for their biggest weekly gain since early June, with both major crude benchmarks rising more than 4% this wee...
Abu Dhabi Poised for 6 Million Hotel Guests by 2025, Says Culture and Tourism Official
Abu Dhabi expects to welcome over 6 million hotel guests this year, with tourism contributing more than 60 billion dirhams to the emirate's GDP. The p...
S&P Affirms Egyptian Banking Sector's Resilience amid Rising Consumer Lending
Standard & Poor's Global expects consumer lending in the UAE to keep growing at 10-12% annually through 2025 and 2026. The growth comes from strong ec...
Leading Airline 'Saudia' Partners with Asia X for Expanded Connectivity and Passenger Experience
UAE-based Sanad Group has signed a strategic maintenance deal with AirAsia X, one of Asia's largest medium and long-haul airlines. The partnership giv...
Electric Vehicles Reshape Transportation Landscape
The global electric vehicle market hit a historic milestone in 2024, selling 17.1 million cars worldwide - a 25% jump from 2023. This surge reflects m...
UAE Emerges as a Global Air Traffic Connectivity Powerhouse
The UAE has become the only country in the world with three airports ranking internationally for air connectivity. Dubai International Airport climbed...
Federal Tax Authority Urges Companies to Promptly File Corporate Tax Returns
The UAE's Federal Tax Authority is urging businesses to file their corporate tax returns and pay what they owe within nine months of their tax period...
Abu Dhabi Chamber Strengthens Strategic Partnerships with Germany, Japan, and China
Abu Dhabi Chamber of Commerce and Industry ramped up its global outreach in September, participating in major business events across Germany, Japan, a...
Gold Plunges from Historic Peak: Navigating Market Volatility
Gold prices dropped Wednesday as investors cashed in profits after the precious metal hit a record high just one day earlier. The pullback came after...
UAE Banks Process Staggering $3.7 Trillion in Financial Transfers in 7 Months
UAE banks processed 2.111 trillion dirhams through the Emirates Financial Transfer System in July, marking an 8.7% jump from June's 1.941 trillion dir...