In a significant step towards enhancing urban livability, Dubai has launched a major affordable housing initiative aimed at skilled professionals in both the public and private sectors. Announced by ...

The Ministry of Finance (MoF) has announced the issuance of Cabinet Decision No. (55) of 2025 on Exempting Certain Persons from Corporate Tax for the purposes of Federal Decree-Law No. (47) of 2022 on ...

The UAE has inaugurated the fourth and largest edition of Make it in the Emirates, a flagship initiative to fast-track industrial expansion and economic diversification in line with the National ...

The UAE’s next public holiday is nearly here, and residents are already preparing for a much-needed break. Eid Al Adha is expected to bring a four-day weekend in June, although the exact dates remain ...

Emirates Development Bank (EDB) has officially launched the Emirates Growth Fund (EGF), a groundbreaking AED 1 billion growth equity platform. The fund aims to accelerate the scale, resilience, and ...

Saudi Arabia’s Public Investment Fund (PIF) is preparing to double its European investments to $170 billion by 2030, according to its Governor, Yasir Al-Rumayyan. Speaking at the Future Investment ...

OpenAI is planning to support the development of a vast new data centre in the United Arab Emirates, which could potentially become one of the largest in the world. The creator of ChatGPT is expected ...

In a strategic move to strengthen national supply chains and empower local businesses, the Abu Dhabi National Oil Company (ADNOC) has awarded contracts worth Dh65.7 billion to nearly 400 UAE-based ...

Saudi Arabia’s Public Investment Fund (PIF) has announced two transformative partnerships with global asset management giants BlackRock and Neuberger Berman, collectively valued at $11 billion. The ...

President Donald Trump, during the final stop of his business-focused Gulf tour, announced that the United Arab Emirates and the United States had established a pathway for the UAE to acquire advanced ...

UAE-based technology company G42 announced on Friday a partnership with Italian AI startup iGenius to build a significant artificial intelligence supercomputer in Italy, according to a joint statement ...

Sobha Realty, the leading global luxury real estate developer, yesterday announced the successful issuance of USD 500 Mn sukuk under its recently established USD 1.5 Bn Sukuk Issuance Program. This ...