UAE Business

Nearly 90% of Chinese firms plan Middle East expansion, PwC finds
UAE

Nearly 90% of Chinese firms plan Middle East expansion, PwC finds

UAE and Saudi Arabia rank as the most attractive destinations.

Egypt’s Orascom Construction to list on Abu Dhabi Securities Exchange next month
UAE

Egypt’s Orascom Construction to list on Abu Dhabi Securities Exchange next month

The company confirmed its shares will trade under the symbol ORAS on ADX, while its secondary listing on the Egyptian Exchange (EGX) will remain unchanged.

Unfold new possibilities: HONOR launches Magic V5 foldable at Dubai event
Sci-Tech

Unfold new possibilities: HONOR launches Magic V5 foldable at Dubai event

HONOR showcases its rapid growth, industry-leading innovation and advanced AI technology, while expanding its ecosystem with the new HONOR Magic Pad 3 and HONOR MagicBook Art

AD Ports Group sees revenue surge in H1
UAE

AD Ports Group sees revenue surge in H1

AD Ports Group posted a more than 3% rise in net profit to AED 668 million (US$182 million) for the first half of 2025.

TAQA posts higher revenue in H1 2025, keeps focus on energy transition
UAE

TAQA posts higher revenue in H1 2025, keeps focus on energy transition

The group cut debt and ramped up AED 5.2 billion in investments toward flexible generation, transmission upgrades, and desalination to support energy transition goals.

UAE ranks second globally for Foreign Direct Investment
UAE

UAE ranks second globally for Foreign Direct Investment

Pro-investment reforms, the NextGen FDI programme, and a growing network of Cepa trade deals are driving the country’s long-term FDI growth ambitions.

Emaar, Aldar drive UAE property market boom as investor confidence climbs
UAE

Emaar, Aldar drive UAE property market boom as investor confidence climbs

AED 322B in H1 2025 transactions fueled by reforms, incentives, and strong investor demand

Pakistan-UAE trade volume hits $10 billion
UAE

Pakistan-UAE trade volume hits $10 billion

Country’s exports to UAE reached $2.1B in 2025, while imports from the brotherly country totaled $8B, Ishaq Dar says

Kuwait introduces visa on arrival for GCC residents
UAE

Kuwait introduces visa on arrival for GCC residents

The UAE’s non-oil foreign trade jumped 24% in H1 2025.

Dubai opens applications for global AI accelerator in government services
Sci-Tech

Dubai opens applications for global AI accelerator in government services

UAE non-oil foreign trade surged 24% in H1 2025 to AED 1.7 trillion, far outpacing the global average growth of 1.75%, driven by booming exports and new trade deals.

Carrefour UAE approves first Pakistani firm TOMCL for meat export
Markets

Carrefour UAE approves first Pakistani firm TOMCL for meat export

Company passes stringent Carrefour audit with 94.89% score, marking major breakthrough in international halal meat market

Pakistan to open ‘Pakistan Mart’ in Dubai to boost exports
UAE

Pakistan to open ‘Pakistan Mart’ in Dubai to boost exports

The project, led by NLC and DP World, aims to help Pakistani traders expand exports to global markets

Binghatti raises $500 million in oversubscribed sukuk issuance
UAE

Binghatti raises $500 million in oversubscribed sukuk issuance

Half of the sukuk orders came from international investors following strong H1 financial results.

Giorgio Armani to launch first branded villas in Ras Al Khaimah
UAE

Giorgio Armani to launch first branded villas in Ras Al Khaimah

The development will consist of a limited number of beachfront villas and luxury apartments, all offering direct private beach access and views of the Arabian Gulf

UAE central bank holds base rate steady at 4.40%
UAE

UAE central bank holds base rate steady at 4.40%

UAE’s non-oil trade surged 24% in H1 2025, hitting AED 1.7 trillion—outpacing global trade growth of just 1.75%

UAE’s non-oil trade surges 24% in first half of 2025, outpacing global growth
UAE

UAE’s non-oil trade surges 24% in first half of 2025, outpacing global growth

UAE prime minister says the figures reflect the strength of the country's global economic ties

UAE Central Bank suspends foreign insurer’s motor insurance operations over solvency breach
UAE

UAE Central Bank suspends foreign insurer’s motor insurance operations over solvency breach

The UAE Central Bank has suspended a foreign insurer’s motor insurance operations for failing to meet solvency and guarantee requirements.

FTA urges companies to register for corporate tax before July 31 or face AED 10,000 fine
UAE

FTA urges companies to register for corporate tax before July 31 or face AED 10,000 fine

If the return is filed within seven months of the first tax period’s end, the penalty is waived automatically; no extra application needed

Dubai launches first directory of certified family business advisors
UAE

Dubai launches first directory of certified family business advisors

The directory offers family-owned firms access to vetted experts across governance, operations, and succession planning.

DIFC sees record growth in H1 2025 as global finance firms flock to Dubai
UAE

DIFC sees record growth in H1 2025 as global finance firms flock to Dubai

DIFC hit a record high, adding 1,081 new companies in H1 2025, driven by strong growth in finance, fintech, and hedge funds.

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