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18/03/2024

UAE ranked 2nd most economically stable country.

The UAE is viewed as the world’s most “strong and stable economy”, boosting its standing in the leading global soft power ranking.

15/03/2024

According to data from Statista. com, the market is expected to grow at a yearly rate of 10.49 percent between 2024 and 2028, resulting in a projected market volume of $113.8 million by 2028.

The household pe*******on rate is projected to increase from 15.7 percent in 2024 to 22.9 percent by 2028, Statista.com data showed.

15/03/2024

Dubai real estate to stay on the rise: Binghatti CEO |

15/03/2024

Dubai expat to implant microchip in hand.

15/03/2024

E&, the parent company of Etisalat will invest $6 Billion in 16 countries.

15/03/2024

“The UAE has been ranked among the top countries globally in 14 health indicators and is actively developing new and comprehensive approaches using emerging technologies such as artificial intelligence and big data,” said Abdulrahman bin Mohamed Al Owais, Minister of Health and Prevention (MoHAP).
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15/03/2024

UAE's AI Economy to reach $1.9 Billion in 2 years.

13/03/2024

A glimplse of Dubai life - Follow us to stay updated with Dubai's trends, news and visuals.

12/03/2024

Abu Dhabi, Ajman and Dubai have been rated among the world’s five safest cities, strengthening the country’s position as an ideal destination to work and live in terms of security and stability, according to data released by Numbeo, a global provider of data on economic, social and safety areas.

12/03/2024

Dubai lives up to its reputation as the ‘City of Gold’, hosting 72,500 millionaires, 212 of whom are centi-millionaires and 15 billionaires.

12/03/2024

"This great achievement can be attributed to the visionary leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, and the ambitious targets set by the Dubai Economic Agenda (D33)," Sheikh Hamdan posted on X.

12/03/2024

Sheikh Hamdan approves design of two new Dubai football stadiums
New 20,000-seater Shabab Al Ahli – Dubai Club stadium to be built at Al Ruwayyah 3 and the new Al Wasl Club stadium at Al Jaddaf

12/03/2024

UAE's F&B growth of $44b by 2029, promises opportunities for startups.

11/03/2024

In a groundbreaking move, Dubai Civil Defense has launched the world’s first sustainable mobile floating fire station, marking a significant leap forward in maritime emergency response.

11/03/2024

ADNOC announced today that it generated $500 million (AED1.84 billion) in value by deploying artificial intelligence (AI) solutions in 2023.

The value was generated from integrating over 30 industry-leading AI tools across ADNOC's full value chain, from field operations to smarter and quicker corporate decision-making. Together, these applications also abated up to 1 million tonnes of carbon dioxide (CO2) emissions between 2022 and 2023, the equivalent of removing around 200,000 gasoline-powered cars from the road.

11/03/2024

The real estate market in Dubai recorded an all-time high in residential transactions in 2023, according to a report from CBRE.

The report revealed that the total number of transactions reached 118,993 residential units, marking a remarkable 29.6 percent year-on-year increase in deal volumes.

The off-plan market and secondary deals drove that robust growth, showcasing the resilience and attractiveness of Dubai’s real estate sector.

09/03/2024

The expansion of the UAE’s non-oil private sector activity was the main driver behind the improving operating conditions.

The most recent PMI survey reveals that the sector showed the quickest growth since June 2019, with 38 percent of observed companies reporting a month-on-month surge.

The PMI survey revealed that increased new business, stronger client activity, and intensified marketing and development efforts were the key drivers behind this growth in UAE’s non-oil activity.

09/03/2024

In 2023, Salik recorded 461.4 million revenue-generating trips
According to the filing on Monday, toll usage revenue, constituting 87.5 percent of the total revenue, experienced a year-on-year growth of 11.7 percent, reaching AED 1,845M.

09/03/2024

A luxury yacht builder from Poland has begun manufacturing multimillion-dollar boats in Ras Al Khaimah, with the first vessels to ship out by the end of the year.

Sunreef Yachts has built high-end catamarans for more than two decades in its Gdansk factories, with buyers including tennis player Rafael Nadal and Formula One driver Fernando Alonso.

09/03/2024

The Central Bank of the UAE has revealed that the main Islamic financial markets are located in the Gulf Cooperation Council (GCC), Southeast Asia, and South Asia.

The UAE ranks fourth among the largest Islamic financial markets in the world (in terms of assets) according to the Islamic Finance Development Indicator report 2023 (IFDI 2023).

09/03/2024

The mall released new numbers recently, revealing that a whopping 20 million people visited in just the first 2 months of this year.

Dubai Mall announced a record-breaking 105 million visitors in 2023, marking a significant increase of over 19 percent from the previous year's 88 million. A statement from the Mall declared it the most visited place globally following the exceptional numbers in 2023.

09/03/2024

Dubai's taxi sector has experienced substantial growth in 2023, clocking about 114 million trips, lifting around 198.4 million passengers throughout the year. This annual trip count is the highest tally recorded over the past 15 years.

09/03/2024

For nearly four years, a man has been jailed over a debt of Dh1,100, another for Dh5,300, and yet another for around Dh15,000, dating back to 2019. However, there is a glimmer of hope for these men in UAE prisons.

In a heartfelt pre-Ramadan gesture, Dubai-based Indian businessman and philanthropist Firoz Merchant, founder of Pure Gold Jewellers, has pledged Dh1.5 million to secure their release, along with 900 other prisoners.

09/03/2024

The UAE's universities’ reputation has improved significantly, positioning themselves among the world’s top 200 most reputed educational institutions globally for the first time.

An analysis by the Times Higher Education showed that three UAE universities saw a “nine-fold increase” in their reputation since 2021, reflecting that the efforts of the government and institutions to provide world-class education to students are paying dividends and gaining esteem in academic circles.

09/03/2024

Tesla’s Chinese rival Xpeng Motors said that it has established a strategic partnership with UAE-based Ali&Sons and added Italy to its Europe plans, as part of the electric vehicle (EV) maker’s broader strategy to expand into international markets.

The partnership adds to Xpeng’s growing network of global partnerships with dealers in Egypt (RAYA), Azerbaijan (SR Group), Jordan (T Gargour and Fils) and Lebanon (Gargour Asia SAL) markets.

09/03/2024

Ahead of the holy month of Ramadan, Sheikh Mohammed announced the launch of a new humanitarian campaign for the people of UAE.

Taking to X, the Ruler of Dubai announced the campaign titled 'Mother's Endowment', which will raise funds for educational purposes on behalf of mothers.

09/03/2024

The number of electric vehicles in Dubai reached 25,929 by the end of December, advancing the emirate's green mobility plans, Dubai Electricity and Water Authority (Dewa) said recently.

09/03/2024

The UAE is viewed as the world’s most “strong and stable economy”, boosting its standing in the leading global soft power ranking, it was revealed recently.

09/03/2024

Huge fines on the way for scammers .

05/03/2024

The United Arab Emirates (UAE) has made significant strides in propelling its industrial sector and achieving the targets set by the Operation 300bn strategy that was launched in 2021.

The Ministry of Industry and Advanced Technology (MoIAT) announced that the industrial sector’s contribution to the UAE’s GDP has reached AED197 billion ($53.6 billion), accounting for 30 percent of the ambitious Operation 300bn target.

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