UAE Business

New UAE cargo airline secures GCAA certification, plans fleet growth
UAE

New UAE cargo airline secures GCAA certification, plans fleet growth

SolitAir expands fleet with addition of fourth aircraft following certification

UAE and EU launch trade deal talks amid global uncertainty
UAE

UAE and EU launch trade deal talks amid global uncertainty

The UAE and the European Union have officially agreed to begin negotiations on a Comprehensive Economic Partnership Agreement (CEPA).

Dubai Land Department forms strategic real estate alliance to boost global promotion
UAE

Dubai Land Department forms strategic real estate alliance to boost global promotion

The initiative includes memoranda of cooperation with four major developers: Danube Properties, Imtiaz Developments, MAG Lifestyle Development, and Fakhruddin Properties Development.

Drivers embrace Chinese cars: What’s fueling the surge?
UAE

Drivers embrace Chinese cars: What’s fueling the surge?

Chinese-made cars are becoming a more common sight on UAE roads. In 2024, their market share hit 14%, a sharp increase from under 1% just a few years ago.

Trump’s 'tariff medicine' sparks global market turmoil
Markets

Trump’s 'tariff medicine' sparks global market turmoil

Move has ignited fears of a prolonged trade war triggering one of the worst single-day market routs since the 2008 financial crisis

Harley-Davidson in the UAE: Shifting gears on who rides and why
UAE

Harley-Davidson in the UAE: Shifting gears on who rides and why

Harley-Davidson’s rider base in the UAE is evolving—from middle-aged men facing rising health risks to women breaking stereotypes and taking control of the handlebars.

FastBull Finance Summit is coming to Dubai this April
UAE

FastBull Finance Summit is coming to Dubai this April

Join global investors, traders, and experts for two days of insights, strategies, and networking at Coca-Cola Arena.

UAE’s trade deals with Costa Rica and Mauritius come into effect
UAE

UAE’s trade deals with Costa Rica and Mauritius come into effect

The agreements will reduce tariffs on a wide range of goods, streamline customs procedures, and promote investment in sectors such as food security, clean energy, and advanced manufacturing.

Driverless taxis in Dubai by 2026
Sci-Tech

Driverless taxis in Dubai by 2026

This move is part of Dubai’s broader Self-Driving Transport Strategy, which aims to make 25% of all journeys in the city autonomous by 2030.

UAE named the best country for entrepreneurs for the fourth year in a row
UAE

UAE named the best country for entrepreneurs for the fourth year in a row

Among 56 economies assessed, the UAE came out on top for both entrepreneurship and SME development.

Abu Dhabi’s IHC invests in India’s Haldiram as global expansion plans accelerate
India

Abu Dhabi’s IHC invests in India’s Haldiram as global expansion plans accelerate

Haldiram’s aims to grow in international markets, especially the Middle East and U.S., amid rising demand for Indian snacks.

Abu Dhabi’s GDP hits AED 1.2 trillion in 2024, driven by non-oil growth
UAE

Abu Dhabi’s GDP hits AED 1.2 trillion in 2024, driven by non-oil growth

Key sectors such as manufacturing, construction, finance, ICT, retail, health, and education all achieved their highest-ever values.

Jafza expands logistics park with AED 90M investment to meet soaring demand
UAE

Jafza expands logistics park with AED 90M investment to meet soaring demand

With the freight and logistics market in the MENA region projected to reach $235.8 billion by 2031, Jafza’s expansion directly addresses the sector’s evolving needs.

UAE-Egypt partnership to create 20,000 jobs in Ras El Hekma industrial zone
UAE

UAE-Egypt partnership to create 20,000 jobs in Ras El Hekma industrial zone

The zone will target manufacturers and suppliers of building materials for the wider city project.

Ras Al Khaimah’s real estate market booms with record growth
UAE

Ras Al Khaimah’s real estate market booms with record growth

The growth comes as the emirate ramps up strategic projects, including the expansion of Ras Al Khaimah International Airport.

Abu Dhabi’s residential property market set for continued growth as demand surges
UAE

Abu Dhabi’s residential property market set for continued growth as demand surges

The emirate recorded a strong performance in 2024, with 9,700 residential sales transactions valued at AED26 billion.

UAE central bank fines banks and insurers over reporting failures
UAE

UAE central bank fines banks and insurers over reporting failures

The CBUAE imposed financial penalties totaling AED 2.62 million on five banks and two insurance companies.

Warner Bros. Discovery acquires 30% stake in OSN Streaming for $57 million
UAE

Warner Bros. Discovery acquires 30% stake in OSN Streaming for $57 million

The transaction will be carried out in stages and remains subject to customary conditions, including regulatory approvals.

SCA recovers AED 4.1 million for investors through amicable settlements in 2024
UAE

SCA recovers AED 4.1 million for investors through amicable settlements in 2024

The SCA encourages all investors to make use of its complaint submission platform via its official website when needed.

Gulf sovereign wealth funds expand global influence with $137B in investments
UAE

Gulf sovereign wealth funds expand global influence with $137B in investments

Gulf-based SWFs now control around 40% of global SWF assets, with six of the world’s ten largest funds based in the region.