UAE Minister of Industry and Advanced Technology Sultan Al Jaber calls project a significant step in transforming renewable energy into baseload power
The cash offer will be launched through ADQ's unit Q Logistics Holding at a price of 3 dirhams ($0.82) per share.
The achievement is a testament to over $11 billion in strategic investments and infrastructure development over the last decade.
Rooms previously priced at AED 492 are now listed at AED 801, with some exceeding AED 1,500. One leading luxury hotel has even raised its rates to AED 2,548 for the period.
The Abu Dhabi Registration and Licensing Authority (ADRA) is designed to simplify business registration and licensing processes across the emirate and its non-financial economic free zones.
The UAE really believes in the motto, 'Go big or go home'
With a total investment of AED 400 million, the project is scheduled for completion by the end of 2025, promising state-of-the-art facilities, sustainable designs, and enhanced beachfront infrastructure.
Sheikh Mohammed bin Rashid Al Maktoum highlighted 2024 as a landmark year with AED 2.8 trillion in trade, 200,000 new companies, and 80% of national laws modernized.
Dubai’s real estate market achieved an all-time high in 2024 with 180,900 transactions worth AED 522.1 billion.
Palm Jumeirah ranks as the top residential area in Dubai, scoring 85 out of 100, with strong appeal due to its educational facilities and 96,000 monthly global searches.
DDF expanded its workforce to over 6,000 employees and is set to complete significant renovations in its Arrival shops by early 2025, followed by upgrades in Concourses A and B.
The UAE plans to sign more CEPAs to boost foreign trade, attract investments, and position itself as a global hub for business and non-oil trade.
The RTA ensured smooth and safe passenger movement with a comprehensive plan in collaboration with city entities, highlighting Dubai’s efficient transport infrastructure.
Mubadala and its subsidiaries deployed $29.2 billion in 2024, up from $17.5 billion invested in 2023.
Out of 48 IPOs across the GCC in 2024, Saudi Arabia accounted for the majority with 38 listings, demonstrating its dominant role in the region's capital markets.
The new guidelines will see international, regional, and local production companies afforded up to a 50% total cashback rebate, based on a clear set of criteria.
The estimates also indicated that the UAE's nominal GDP (at current prices) during the first half of 2024 reached approximately AED981 billion
Professor Aït-Sahalia’s work focuses on analyzing high-frequency financial data.
Lulu Retail reaches 250 stores across six GCC nations, with two new express stores in Saudi Arabia boosting its presence to 59 stores in the Kingdom.
Key developments include a $35 billion expansion at Al Maktoum International Airport and initiatives like the world’s largest rooftop solar installation at Dubai Airports.
