Business optimism and expectations for future activity growth hit its highest since February 2020 Business conditions in Dubai expanded further in October as new business intakes accelerated at the fastest in four years with the upturn seen widely across key sectors, according to a...

Dubai beats out the likes of international realty hotspots such as Florida, New York, and London Armani, Bugatti, Versace, Kempinski, Address are just some of the world’s top luxury brands who have their branded residences in Dubai. The emirate which is riding an unprecedented boom in...

Steady stream of new project launches expected over the next six months The real estate boom in the UAE is expected to gain added momentum over the next six months with Dubai, Abu Dhabi and other emirates primed to witness a steady stream of new project launches. The continued...

Emaar Development’s net profit for the first nine months of the year touched Dhs4.1bn ($1.1bn) Emaar Development’s Q3 performance has maintained the dynamic pace of its earlier quarters. The company’s property sales rose by 25 per cent, reaching Dhs28.9bn ($7.9bn) in the first nine...

The homegrown large language model offers 160 per cent longer and more detailed answers in Arabic and a 233 per cent increase in English Abu Dhabi artificial intelligence (AI) firm G42 Group’s subsidiary, Core42, has launched Jais 30B, the latest and most proficient advanced Arabic...

The authority said each rest area accommodates up to 10 people and has ample parking spaces for motorcycles adjacent to the facility Dubai’s Roads and Transport Authority (RTA) plans to build 40 air-conditioned rest areas for delivery riders in key areas across the emirate to enhance...

Masdar will partner with ADGM to host the forum as part of the special edition of Abu Dhabi Sustainability Week at COP28 Abu Dhabi Global Market (ADGM) will host the sixth edition of the Abu Dhabi Sustainable Finance Forum (ADSFF). ADSFF will be held on December 4 – the thematic...

The new decisions reflect the significant role of free zones in the UAE’s economic diversification strategies The UAE Ministry of Finance (MoF) has issued new cabinet decisions related to corporate tax for free zones. These include Cabinet Decision No 100 of 2023 on ‘Determining...

The coexistence of traditional and Neobanks has become more likely, with each catering to specific customer segments and offering unique advantages, the company said International credit rating agency Standard & Poor's (S&P) praised the ongoing development of the UAE’s banking...

This newly implemented legislative structure is designed to provide a comprehensive framework for DLT Foundations and decentralised autonomous organisations The Registration Authority (RA) of Abu Dhabi Global Market (ADGM) has officially released the Distributed Ledger Technology (DLT)...