The UAE has announced an ambitious National Investment Strategy 2031, aimed at tripling its cumulative foreign direct investment (FDI) to AED 2.2 trillion by the year 2031. Announced by Sheikh ...

The UAE has launched its National Investment Strategy, aiming to triple its foreign direct investment (FDI) balance to AED 2.2T ($599B) by 2031. Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice ...

The UAE’s banking sector has achieved a major milestone, with capital and reserves reaching AED500 billion ($136.1 billion) as of July 2024. This accomplishment marks a significant year-on-year ...

The latest data from the Central Bank of the UAE indicates that the sector’s capital and reserves saw a significant year-on-year increase of 10.5 per cent, rising from AED 454.9M ($123.8B) in July ...

ADNOC and Abu Dhabi Future Energy Company (Masdar) have signed a Strategic Collaboration Agreement (SCA) with Microsoft, aiming to drive AI and low-carbon initiatives in the UAE and internationally.

The year 2024 has marked a significant upswing for stablecoin usage in the United Arab Emirates (UAE), propelled by evolving regulations and increased institutional adoption. According to recent data, ...

Oman’s premier design event, the 11th Interior Design & Furniture Exhibition (IDF Oman), will open its doors from February 10th to 12th, 2025, at the Oman Convention and Exhibition Centre. This one-of ...

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), is set to acquire a majority stake of 54 per cent in MBC Group from the Ministry of Finance, represented by Istedamah Holding, ...

NMDC Energy, a prominent subsidiary of NMDC Group, reported a striking performance in its Q3 financial results for 2024, marking an impressive start following its recent listing on the Abu Dhabi ...

The Ajman Tourism Development Department (ATDD) is set to spotlight Ajman’s progress as a prime tourism destination during the World Travel Market (WTM) in London from November 5 to 7, 2024. The ATDD ...

du, a prominent telecom and digital services provider, has entered into a five-year partnership with Accenture aimed at enhancing its Application Development and Maintenance (ADM) within its IT ...

In a recent initiative, the National CSR Fund – MAJRA conducted visits to several UAE economic departments, aiming to strengthen collaboration with government bodies and motivate private companies ...