#UAE

UAE attracts foreign direct investment of $23bn in 2022

UAE attracts foreign direct investment of $23bn in 2022

The country remains the leading recipient of global FDI in the GCC, attracting 61 per cent of all foreign investments into the region last year

DMCC welcomes over 1,400 companies in H! 2023 uptown & jlt Image DMCC

Dubai’s DMCC welcomes 1,456 companies in H1 2023

DMCC is now home to more than 23,000 member companies from across the world

Samsung and FRAME tap local creators for Galaxy Z Flip4 accessories inspired by UAE cultureSamsung and FRAME tap local creators for Galaxy Z Flip4 accessories inspired by UAE culture image credit Samsung and Frame

Samsung, FRAME unveil Galaxy Z Flip4 accessories inspired by UAE culture, created by local artists

The creations launched at Al Shindaga Museum in collaboration with Dubai Culture are available for purchase online until the end of July

Digital identity

Insights: Digital identity is key to achieving national objectives

The UAE has embraced the vision of a sustainable future, investing heavily in renewable energy and dynamic technologies centered around innovation

UAE updates energy strategy, to invest 54.5bn in renewables

UAE updates energy strategy, to invest $54.5bn in renewables

The strategy aims to triple the contribution of renewables to the country’s energy mix by 2030 to reduce the effects of climate change

Régis Schultz, CEO of JD Sports (L) and Mohammad A. Baker, Deputy Chairman and CEO of GMG (R) at the signing of the franchise agreement _ image GMG

UAE’s GMG to bring JD Sports to the Middle East, signs franchise agreement

Under the terms of the 10-year agreement, GMG will open around 50 stores under the JD fascia by 2028, across the UAE, Saudi Arabia, Kuwait and Egypt

ADNOC Gas awards natural gas pipeline contracts worth $1.34bn

ADNOC Gas awards natural gas pipeline contracts worth $1.34bn

The pipeline extension will drive further growth as part of the company’s strategy to increase its market share and enhance its customer base

Peter Hellyer image courtesy The National

Obituary: Honouring Peter Hellyer, acclaimed author, historian and filmmaker

Considered a close friend of the UAE, Hellyer leaves behind a legacy that will forever be etched in the country’s history

economic volatility

Here are three ways to ride economic volatility to triumph

While not easy, riding the moment to triumph is possible

UAE economy

UAE economy primed for stronger growth in H2 2023

The World Bank has forecasted a 2.8 per cent growth in the UAE’s real GDP for this year

sharjah summer promotions 2023 begins on July 1 Image courtesy WAM -e1674191212440

Shopping festival: Sharjah Summer Promotions begins, up to 75% in discounts

Considered one of the key events in Sharjah’s annual retail calendar, the 65-day shopping festival is celebrating its 20th anniversary this year

Al Kuwaiti

Dr Al Kuwaiti leads UAE delegation at Cyber Week, highlighting UAE-Israel cyber alliance

Cyber Week is an annual international cybersecurity event, hosted at Tel Aviv University in Israel for last 12 years

UAE raises petrol prices for July 2023

UAE increases petrol prices for July 2023

The cost of petrol has slightly increased following a small reduction last month

Dubai’s luxury real estate market is booming. Here’s why

With growing demand and upcoming supply, the year looks promising for Dubai’s luxury property market

Real Estate

Guide to capitalise on UAE’s flourishing real estate market

Real estate investors looking to leverage the boom in the UAE market without committing to a large outlay can use REITs to earn high yields

SalamAir operates six A320neo, six A321neo, and one Airbus A321 freighter

Oman’s SalamAir to launch flights to 18 routes from Fujairah Airport

The destination brings Salam Air’s network to 39 destinations across 13 countries

UAE national banks provide $201bn in financing by April

UAE national banks provide $201bn in financing by April

The banks increased their credit balance by Dhs2.1bn or 0.3 per cent in April 2023, up from Dhs735.2bn a month earlier

Here’s how Up-Fuse is turning plastic waste into trendy fashion

Yara Yassin, co-founder of Up-fuse, tells us how the slow fashion brand is wasting no opportunity to transform plastics bags, bottles and tyres into trendy fashion accessories

Abu Dhabi, Dubai property market upbeat on both demand and supply side

Real estate Services Company Asteco’s CEO, HP Aengaar shares the highlights of Abu Dhabi and Dubai’s property market in the first quarter of the year and the outlook for demand and supply in the upcoming months

UAE restaurants on sustainability

Here’s how UAE restaurants are driving sustainability

Restaurants in the UAE have embraced sustainable practices to reduce their environmental impact and protect the planet for future generations

Guests Enjoying Eid Al Adha Fireworks Image DCT Abu Dhabi

Eid Al Adha 2023: Watch fireworks for free in Dubai, Abu Dhabi at these places

Eid Al Adha fireworks are being staged across Dubai and Abu Dhabi, with some locations featuring firework displays for up to five nights

UAE banking system

UAE banks reap the benefits of an economic boom

Strong capital buffers have supported the UAE financial services sector over the years and banks are re-articulating their value proposition to thrive in the new digital environment

ADNOC Drilling secures $2bn offshore jack-up contracts

ADNOC Drilling secures $2bn offshore jack-up contracts

The drilling company said the awarding of the contracts follows more than $11.5bn in long-term contracts announced since the beginning of 2022

UAE’s Museum of the Future join hands with MBRSC

Museum of the Future, MBRSC to spotlight UAE space milestones

The partnership was announced by Emirati astronaut Sultan Al Neyadi in a video filmed from the International Space Station

Pet-friendly communities

Pet-friendly communities: Co-existing with your furry friends in UAE

Here’s how community managers can help create a sustainable, pet-friendly environment

UAE’s 2022 GDP grows 7.9%, driven by non-oil activities

UAE’s 2022 GDP grows 7.9%, driven by non-oil activities

The statistics authority attributed the growth of the economy to innovative economic initiatives related to non-oil sectors and activities

Dubai announces comprehensive plan to ensure safe Eid al adha celebrations-courtesy-Dubai-Media-Office

Eid Al Adha 2023: Dubai puts comprehensive security plan in place for holidays

The plan involves government departments and police centres across the city

Mohammad A. Baker, Deputy Chairman and CEO of GMG and Mahmood Ameen, Chief Executive Officer, Emirates Flight Catering announcing the partnership Image GMG

Emirates Flight Catering, GMG ink deal to provide ready-to-go meals

The meals will be prepared based on a menu curated by Emirates Flight Catering chefs

Astra Tech National Bonds Sign MOu to iffer investment solutions to Botim Image Astra Tech Botim

Botim users to benefit from Astra Tech, National Bonds saving, investment solutions

This partnership gives Astra Tech customers access to microfinance options specifically designed for individuals with low and medium incomes through Botim, supported by National Bonds’ Al Manassah Platform

UAE education UAE MoE updates process to recognise foreign degrees Image credit Getty Images

UAE simplifies recognition process for foreign university degrees

The updated system highlights the need for attesting previous degrees, and complying with a minimum physical presence requirement of 30 days for master’s graduates and 168 days for bachelor’s graduates