The World Bank projects the UAE’s non-oil sector is expected to achieve strong growth by the end of 2023 driven by robust domestic demand The UAE Government Finance Statistics Report for the first quarter of 2023 showed that its revenues reached Dhs115.6bn. The preliminary results...

The new resolution details RTA’s functions including the planning, design and development of the public railway network in the emirate Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai has amended some provisions of...

Dubai Customs reported a 10 per cent surge from the 12.7 million transactions registered in the same period last year Dubai Customs cleared 14 million customs transactions during H1 2023, a 10 per cent surge from the 12.7 million transactions reported in the same period last year....

Along with the Rixos property, Dubai Islands will be home to more than 80 resorts and hotels Real estate master developer Nakheel, in partnership with Excelsior Real Estate, has launched Rixos Dubai Islands, Hotel & Residences. It is the first luxury hotel and residential...

The bank said its strong performance was driven by broad-based income growth and improved efficiency metrics Abu Dhabi Commercial Bank (ADCB) published its financial results for the second quarter of 2023 (Q2 2023), reporting a net profit of Dhs1.932bn. This was an increase of 23...

The two entities plan to deploy two more AI supercomputers, CG-2 and CG-3, in the US in early 2024 UAE’s G42 and Cerebras Systems have unveiled Condor Galaxy, a network of nine interconnected supercomputers, offering a new approach to artificial intelligence (AI) computing that...

The project is part of Abu Dhabi Government’s efforts to develop integrated and sustainable residential neighbourhoods Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, launched Balghaiylam, a new residential...

The pilot programme will study how hydrogen with high-speed refuelling can best be used in mobility projects Abu Dhabi’s ADNOC Group is constructing the Middle East’s first high-speed hydrogen refuelling station. The station, which is being built in Masdar City by ADNOC, will...

The agreements cover sectors including energy, industry, advanced technology, AI, space, health, transport, conservation and circular economy The UAE and Japan signed 23 agreements and memoranda of understanding (MoUs) during the UAE-Japan Business Forum, held on July 17. The...

India and UAE signed three crucial MoUs to further bilateral trade and economic partnership Sheikh Mohamed bin Zayed Al Nahyan, President of UAE met with Indian Prime Minister Narendra Modi in Abu Dhabi. The visit by the Indian leader was to take the strategic partnership between...