New strategy seeks to establish a major global hub for space science and technology in the UAE The UAE Cabinet, chaired by Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has adopted the National Space Strategy 2030 during its meeting at the...

XXII Carat by Forum Group welcomes its first residents to their new homes on Dubai's Palm Jumeirah XXII Carat by Forum Group has officially commenced the handover of its ultra-luxury Mediterranean-style hotel-inspired development and welcomed its first residents to their new homes on...

A steel arch bridge in Ras Al Khaimah has set a Guinness World Record as the world's longest steel bridge span A steel arch bridge in Ras Al Khaimah has set a Guinness World Record as the world's longest steel bridge span with a length of 32.37 metres. The former record registered...

Flydubai response comes after Chinese authorities grounded all its fleet of Boeing 737 MAX 8 aircraft Dubai-based budget airline Flydubai remains “confident in the airworthiness” of the Boeing 737 MAX aircraft, despite Chinese authorities grounding the US-made model following the crash...

Companies in the wholesale and retail sector reported the firmest volume growth in February Emirates NBD Dubai Economy Tracker has said that business conditions in Dubai’s non-oil private sector economy continued to strengthen in February, at a similar rate to January. Total business...

Mohamed Alabbar says an initial coin offering in Europe will be considered within 12 months of the launch of the blockchain platform Dubai-based Emaar Group has announced plans to leverage blockchain technology to offer the Emaar community token for customers and partners by the end of...

Emirates Global Aluminium reports net income of $325m for 2018, a decrease of 64% Emirates Global Aluminium, the largest industrial company in the UAE outside oil and gas, has reported net income of AED1.2 billion ($325 million) for 2018, a decrease of 64 percent. The company, the...

China remained Dubai's largest foreign trading partner in 2018, followed by India and the United States Dubai’s external non-oil trade reached AED 1.3 trillion ($353 billion) in 2018 despite a global growth slowdown, according to new statistics from Dubai Customs. According to the...

UAE compliance for the month of February 2019 will help to bring balance and stability to the global oil market, said Suhail Al Mazrouei The United Arab Emirates will continue to adjust its oil production until the market rebalances, the OPEC member’s energy minister said. “We...

UAE property prices have fallen 25 percent to 33 percent in nominal terms since 2014 DUBAI: Economic growth in the United Arab Emirates (UAE) is expected to accelerate to 3.5 percent in 2019, helped by strong non-oil activity, the central bank said in its quarterly report. The...