Business News

Sending money home will get quicker and easier in the future, thanks to FinTech (Finance Technology).

Apartment rental prices have remained level in Ajman but have continued to soften in Sharjah.

Those with strong digital and interpersonal skills will be the winners in the job market next year.

The cost of producing desalinated water is set to drop to a record low, thanks to a new reverse osmosis plant that will come up in Abu Dhabi.

The Dubai government’s total spend on projects related to Expo 2020 is expected to reach AED 30 billion by 2021.

As many as 300 villas of the Al Hayer residential project in Al Ain City is ready for occupancy. 

China's economic growth sunk to a 26-year low in the third quarter of 2019 as a trade war with Washington continues.

The volume of oil products stored in Fujairah have risen to their highest level since early June.

Homes in Dubai are getting affordable for more people, with average sales prices and rents dropping during the third quarter of this year.

The UAE has improved its ranking in a global technology competitive index.

The UAE is getting another low-cost airline and it’s going to be based in Abu Dhabi.

Salaries in the UAE are likely to rise by 4.5 per cent in 2020, with healthcare, pharmaceuticals and high-tech industries expected to benefit the most.

The UAE provided AED 10.5 billion in grants in the first half of this year.

Chinese tourists to Dubai can now benefit from an instant VAT refund system at Dubai Airports.

Dubai's external trade with Russia has witnessed a rapid growth in the past few years.

Russian President Vladimir Putin’s visit to the UAE will pave the way for further cooperation in the oil and nuclear energy sectors.

The UAE has once again joined countries around the world in marking International Standards Day on October 14.

The UAE is taking steps to enhance its position as a global hub for gold and jewellery trade.

Air Arabia has won the 'Low-Cost Airline of the Year' recognition at the 13th Aviation Business Awards gala held in Dubai.

One of Ras Al Khaimah's most iconic roundabouts is getting a makeover.

Non-oil trade between UAE and Russia in the past five years reached AED 51.7 billion.

Dubai is taking further measures to improve its position as a global trade and logistics hub.

The UAE continues to see a rise in Russian tourist arrivals.

Russia has found major potential for cooperation with the UAE and Saudi Arabia in the investment sector.

The USA will suspend the implementation of its next tariff hike on Chinese imports.

The first day of trade talks between the USA and China have come to an end in Washington.

There’s good news for borrowers looking to settle their mortgage early.

It’s been a busy year for Dubai’s housing market, with villa and townhouse transactions hitting a five-year high.

The UAE has been ranked first in the Arab World in the Global Competitiveness Report for 2019.

The UAE's aviation sector could support as many as 1.4 million jobs by 2037.

Airlines in the UAE are preparing to carry more travellers to Lebanon.

Dubai has received further recognition for its abilities to lead international economic development efforts.

The UAE is introducing excise tax on sweetened drinks and e-cigarettes, a month earlier than initially planned.

The UAE is continuing to focus on technology to improve public welfare and social development programmes.

It's getting easier, and quicker, for employers in the UAE to get work permits for their new staff.

Dubai’s roads and transport infrastructure have generated economic benefits worth AED 169 billion between 2006 and 2018.

In a move to reduce costs, HSBC is reportedly planning to cut up to 10,000 jobs across the banking group.

More employment opportunities are being created for low-income UAE nationals in Sharjah.

More than a million students in the UAE are set to experience unforgettable educational and inspirational journeys at Expo 2020 Dubai.

Non-oil foreign trade in Dubai was valued at AED 676 billion in the first half of 2019.

PayPal has become the first firm to drop out of Facebook's digital currency project Libra.

British Petroleum's (BP) chief executive is stepping down.

The UAE's private sector created 40,000 new jobs in the second quarter of this year.

Global Village VIP packs have once again proven to be a big hit with the public.

It’s getting easier for companies registered in Dubai Healthcare City (DHCC) to expand their operations.

Abu Dhabi's hospitality sector is looking good, with revenues increasing to around AED 3 billion in the first half of this year.

Twitter has been hit by a global outage, with users being unable to add images, videos and polls to their tweets, or even see their DMs.