UAE business news
Big Change for the UAE Economy! Sheikh Mohammed Approves New GDP System
What happened?His Highness Sheikh Mohammed bin Rashid Al Maktoum has approved the National Programme for Developing the Statistics System in the UAE, introducing...
Regional Conflict Couldn’t Slow UAE Banks—Q2 Earnings Tell the Story
What happened?Major UAE banks reported strong second-quarter earnings, with higher profits, growing customer deposits and increased lending despite geopolitical uncertainty linked to the...
Big News for UAE Trade: DP World to Build Two Major New Ports in Fujairah
What happened?DP World has signed a 50-year concession agreement with the Fujairah Ports Authority to develop and operate two new multipurpose ports in...
Sharjah Slashes Business Fines and Fees by 50% for Three Months: Who Benefits?
Sharjah is introducing a major boost for businesses operating in the emirate. On June 29, Sharjah Police announced a package of incentives and...
UAE Launches AI Academy for Real Estate Professionals
The UAE is continuing its push toward becoming a global leader in artificial intelligence, and now the country’s fast-moving real estate sector is...
Dubai Airports Wins Major Global Workplace Award in a First for the Aviation Industry
There is always movement inside Dubai International Airport. Early morning travellers rushing toward departures, families arriving for holidays, business passengers moving between terminals,...
Modi UAE Visit Puts Focus on Oil Prices and India’s Economy
The UAE is once again stepping into the global spotlight as Indian Prime Minister Narendra Modi prepares for an important visit to Abu...
UAE Announces Refund for Tax Service Fees
Starting August 1, 2024, businesses in the UAE can get refunds for certain tax service fees. The Federal Tax Authority (FTA) has introduced...
