In the UAE, Organised Retail Continues to Flourish
According to a Dubai Chambers estimate, UAE retail sales would expand at a 6.6% annual rate to $70.5 billion by 2025. Within this, store-based retailing is forecasted to develop at…
UAE: Flying Taxi will Arrive in Abu Dhabi in the Next Months
Archer, a US eVTOL maker, announced on Thursday that it will fly its Midnight aircraft, which will operate as a flying taxi in the UAE, in the Emirate in the…
Over $6 Billion Has been Invested in Turkey by the UAE in Recent Years
The economic and investment connection between the United Arab Emirates and Turkey has rapidly expanded. In recent years, the United Arab Emirates has invested over $6 billion in Turkey, while…
According to Sheikh Mohammed, Dubai doesn’t Wait for the Future
His Majesty The UAE's vice president, prime minister, and ruler of Dubai, Sheikh Mohammed Bin Rashid Al Maktoum, stressed that Dubai does not wait for the future but instead believes…
To Maintain Food Safety, Dubai steps up Inspections Throughout Ramadan in Cafés, Restaurants, and Shopping Centres
During Ramadan, Dubai's markets, shopping centres, eateries, bakeries, food warehouses, and other businesses are being inspected to guarantee food safety and public health. The Dubai Municipality body has stepped up…
Treasury Yields Rise while US Economic Concerns Weaken the Dollar
While the dollar and oil prices faltered due to growing concerns about US growth, US Treasury rates recovered some of their losses on Wednesday as the House of Representatives moved…
Abu Dhabi’s First Inland Dry Port facility is Opened by AD Ports
In order to improve Khalifa Port's connection and raise the standard of logistical services provided throughout the United Arab Emirates, AD Ports Group today announced the opening of a new…
The Most Successful Financial Results in Flydubai’s 15-Year History are Reported
Record-breaking yearly results for Flydubai's fiscal year that ended on December 31, 2024, were released on Monday. The pre-tax profit of Dhs2.5 billion ($674 million) represents the Dubai-based carrier's best-ever…
In Dubai, India Defeated Pakistan; Virat Kohli’s century Sealed the Win in the Champions Trophy Group Stage
In their second Champions Trophy group encounter in Dubai, India easily chased down 241 to continue their dominant six-wicket triumph over arch-rival Pakistan in ICC events. Following some recent lacklustre…
The GCC Had $804.1 Billion in official Foreign Reserves
The total reserve assets of the Gulf Cooperation Council (GCC) countries were $804.1 billion at the end of the first half of 2024, according to data released by the Statistical…
