Business News

The first 500 beneficiaries of loans granted by the Sheikh Zayed Housing Programme have been announced.

Dubai's TECOM Group has debuted on the Dubai Financial Market (DFM) successfully.

Dubai South Bay at the heart of The Residential District will have over 800 villas and townhouses, and more than 200 waterfront mansions.

Digitised rent payments using the Central Bank of the UAE's Direct Debit System will continue to offer security to landlords.

Dubai Land Department has signed a deal with Emirates NBD which paves the way for rent payments to be made by direct debit.

Abu Dhabi Airport is expecting 2.8 million passengers in and out of the capital in July and August, almost three times more than last year. 

Spain-based cabin crew at Ryanair plan to strike for 12 days this month to demand better working conditions, the USO and SICTPLA unions announced.

A total of 2,369 real estate transactions worth AED9.9 billion were conducted during the week, according to figures released by the Dubai Land Department.

The UAE's largest consumer cooperative, Union Coop, has announced its intention to list its shares on the Dubai Financial Market (DFM) on Monday, July 18.

A new app that allows UAE residents to make free video and voice calls has been launched.

India has raised its basic import duty on gold to 12.5 per cent from 7.5 per cent, the government said on Friday, as the world's second biggest consumer of the precious metal tries to dampen its demand and bring down the trade deficit.

Etihad Airways has celebrated the arrival of its new Airbus A350-1000 in the United States following the inaugural commercial flight from Abu Dhabi to New York on June 30.

A German citizen accused of defrauding investors out of $4 billion by selling a fake cryptocurrency called OneCoin has been added to the FBI's list of its ten most-wanted fugitives, US officials said on Thursday.

The Museum of the Future has presented Dubai’s vision of tomorrow by participating, for the first time, at the 26th International Trade Show for Museums (SITEM) at the iconic Louvre Museum in Paris.

The Sharjah Chamber of Commerce and Industry (SCCI), in cooperation with the Emirates Development Bank (EDB), has met to explore a number of flexible development solutions for investors as well as small and medium enterprises (SMEs).

Abu Dhabi has unveiled a major industrial strategy aimed at more than doubling the size of its manufacturing sector to AED 172 billion by 2031.

A new draft federal law on the regulation of commercial agencies will allow public joint-stock companies with at least 51% of national capital contribution to act as commercial agents, according to the Minister of Economy.

The ride-hailing firm Uber has hiked its fares amid a surge in fuel prices in the UAE.

Etihad Airways will fly 2.7 million passengers across its network over the summer months, following a surge in demand for global travel.

The UAE has presented its Fourth National Report on Compliance with the Obligations of the Joint Convention on the Safety of Spent Fuel Management and on the Safety of Radioactive Waste Management.

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has launched the region’s first Open Finance Lab, heralding a new era of finance in the region.

Expo 2020 Dubai has reaffirmed its commitment to gender equality and women’s empowerment.

Expo 2020 Dubai and the United Nations Global Compact are joining forces to hold a Sustainable Development Goals Business Forum.

More than 2,500 online travel agents, tour operators, hotel groups and airlines have signed on as Authorised Ticket Resellers (ATRs) for Expo 2020 Dubai.

A spectacular line-up of sights, sounds and tastes await visitors at Expo 2020 Dubai, through a series of specially curated itineraries.

Apple on Tuesday launched the iPhone 12 with faster 5G connectivity, which the company hopes will spur a wave of upgrades and keep its sales booming through the end of the year.