The report showed that e-commerce spending continued growing in 2023, with a 15 per cent growth rate since 2022 The UAE’s retail sector boomed in 2023, defying global trends, revealed the latest State of the UAE Retail Economy report released by regional retail giant Majid Al Futtaim....

The third UAE aid ship carrying 4,630 tonnes of relief supplies arrived at the Port of Al Arish, after being dispatched as part of Operation “Chivalrous Knight 3,” to provide further humanitarian support to affected Palestinian people in the Gaza Strip. The shipment includes food and...

In ADX, five large direct deals were executed on 243.4 million shares, amounting to Dhs683.3m The Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) reported significant direct transactions during the holy month. The direct deals, totalling 305.7 million shares,...

Fog covered some coastal and inland areas of the country on Friday and continued for eight hours between 1am and 9am. The fog began forming over KEZAD, Al Ajban, Al Falah, Al Faya Road, Seeh Shuaib and Al Wathba in Abu Dhabi, over Sweihan in Al Ain and over Sheikh Mohammed Bin Rashid...

Developed markets dominate the top 25, but emerging markets like the UAE and Saudi Arabia witness significant rises The UAE climbed from 18th to 8th place on Kearney’s 2024 FDI Confidence Index, along with ranking 2nd on the Emerging Market Index after China, showcasing its successful...

Owned by JIIC, Jubail Island is set to become a premier residential destination, housing six residential villages amidst the rich biodiversity of the mangroves Jubail Island Investment Company (JIIC) has launched Bada Al Jubail, a stunning beachfront gated community in Abu Dhabi, with...

Sharjah Airport is fully prepared to welcome passengers during Eid Al Fitr holiday, with plans to handle the expected increase in flight movement and accommodate the growing demand for travel to and from the UAE. Sharjah Airport Authority (SAA) expects to welcome approximately 550,000...

Dubai Metro trains will operate alternately, ensuring journeys from Centrepoint directly to UAE Exchange and Expo 2020 Stations without the need to switch trains at Jabal Ali Station The Roads and Transport Authority (RTA) has announced a major upgrade to the Dubai Metro Red Line to...

When it comes to expanding globally from a UAE base, the complexity of tax regulations across different jurisdictions can pose significant hurdles In today’s interconnected world, businesses have unprecedented access to international markets. Companies of all sizes can now venture...

The emirate’s GDP in 2023, reached Dhs1.14tn, marking its best performance in ten years The Statistics Centre – Abu Dhabi (SCAD) released preliminary data of the Gross Domestic Product (GDP) for the year 2023, revealing impressive growth figures, particularly in the non-oil sector....