New investment will boost availability of Polish products in LuLu’s supermarket shelves UAE-based retail giant LuLu Group is setting up a logistics hub in Poland to further expand its presence in the European market. The company has just signed two separate agreements with the...

This agreement increases the group’s contracted future revenues to Dhs25.7bn, over 16 times its 2022 annual revenues Satcom giant Yahsat has said that its government services arm, Yahsat Government Solutions, has been authorised by the UAE government to provide satellite capacity and...

Terminal A has the capability to handle 45 million passengers per year, and process 11,000 passengers per hour Abu Dhabi Airports is conducting its largest live trial and testing exercise as part of the operational readiness trials prior to the opening of the new Terminal. The new...

Public sector employees in the UAE will have a holiday on Friday, September 29, to mark the day The UAE’s Ministry of Human Resources and Emiratisation (MoHRE) has announced the official holiday to commemorate the Prophet Mohammed’s birthday. Public and private sector employees in the...

Off-plan segment now dominates property market Dubai’s secondary property market is showing signs of slowing down after experiencing explosive growth on the back of high investor demand. Secondary market sales in Dubai dropped by 10.2% in August 2023 compared to the previous year,...

The 9.4 million sq.ft. project will feature 7,000 homes, a retail area, canals, lakes and jogging tracks, the Dubai-listed developer said Dubai-listed Emaar Properties has announced a $20 billion development including 7,000 villas, luxury mansions. The precise location of The...

His Highness commended the Ministry of Finance’s team efforts in supporting the UAE’s fiscal excellence and sustainable development DUBAI: H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, said that the UAE's...

State expenditures rose moderately in 2022, with an increase of Dhs24.7bn compared to a year earlier The UAE posted a budget surplus in 2022 as revenues grew by a record 31.8 per cent and expenditures jumped by 6.1 per cent, amounting to a projected Dhs427.1bn, according to the...

The event convened business leaders, trade promotion agencies, and business associations from both the UAE and Hainan Province The UAE and China’s Hainan Province have expanded bilateral trade and investment ties through the signing of four significant private-sector agreements, as per...

The creation of Lunate follows a multi-party effort to establish an independent investment manager of scale and breadth, headquartered in Abu Dhabi and serving global markets ABU DHABI - Lunate, a new Partner-led and independent global alternative investment manager, today announced it...