Dubai Chambers launches ‘New Horizons’ trade mission in Kazakhstan
Dubai International Chamber, one of the three chambers operating under Dubai Chambers, has arrived at Kazakhstan, the second destination in…
Category: Economy
‘State of the UAE Retail Economy’ Q4 report indicates a consumer spending growth of 19% in 2022
Majid Al Futtaim, a leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, today…
Gulf exceptionalism creates M&A opportunities in the Middle East region despite global headwinds
PwC Middle East released its 2023 TransAct Middle East report titled, “Gulf exceptionalism creates M&A opportunities despite global headwinds,” which…
First ever 100% plant-based meat factory in the Middle East opens in Dubai
The IFFCO Group, one of the UAE’s largest producers of food products, has opened the first 100-percent plant-based meat factory…
Dubai records AED10 billion in weeklong real estate transactions
A total of 3,903 real estate transactions worth AED 10 billion were conducted during the week ending 17th March, 2023,…
Dubai Islamic Bank shareholders approve 30% dividend for 2022
Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE and the second-largest Islamic bank in the world, concluded…
Dubai records over AED2.1bn transactions on Thursday
Dubai real estate market recorded 635 sales transactions worth AED1.56 billion, in addition to 107 mortgage deals of AED505.91 million,…
Digital Dubai introduces world’s first Secured Digital Certificate
As part of Dubai’s continuous pursuit of technological innovation, the Dubai government is taking a lead in positioning the emirate…
Etihad Credit Insurance reports 26% increase in value of insured non-oil commercial exports
Etihad Credit Insurance (ECI), the UAE Federal export credit company, recently held its first Board of Directors meeting in 2023,…
DEWA reviews developments of 6th phase of MBR Solar Park
Dubai Electricity and Water Authority (DEWA) organised a special conference at its headquarters to give an overview for local and…