Journalist
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11.25 Billion Dirhams Capital for 263 Industrial Enterprises in Fujairah
The government of Fujairah Emirate is actively implementing clear plans and ambitious programs to advance its industrial sector, which encompasses both manufacturing and petrochemical industries. This initiative aligns with a broader vision aimed at diversifying the economic base and...
Minor International Confident in the Recovery of Travel and Tourism in the UAE
Minor International, a Thailand-based company renowned for its global hotel brands such as Anantara, Avani, and NH Collection, has expressed strong confidence in the recovery of the travel and tourism sector within the United Arab Emirates. The company aims...
Islamic Banks in the UAE Hold a Portfolio of 1.15 Trillion Dirhams
Islamic banks operating in the UAE have achieved remarkable performance by the end of 2025, with their total asset portfolio reaching approximately 1.15 trillion dirhams. This represents an annual growth of nearly 16%, equating to an increase of 250...
The UAE Strengthens Its Position as a Global Hub for Fintech
The United Arab Emirates continues to strengthen its position as a leading global hub in the financial technology (FinTech) sector, benefiting from a comprehensive ecosystem that combines advanced digital infrastructure, flexible regulatory frameworks, and a flow of global investments,...
5.4% Decrease in Crude Oil Production Among Cooperation Countries
The value added by the oil sector in the Gulf region for 2024 is estimated at approximately $561.2 billion, contributing 24.0% to the Gross Domestic Product (GDP). When calculated at constant prices, the added value reaches $541.9 billion, representing...
15% Increase in Gold Sales in the UAE During Ramadan
The gold market in the UAE has experienced notable activity during the month of Ramadan, with sales reportedly increasing by approximately 15% compared to typical periods, according to traders. This surge is attributed to heightened demand for gifts and...
Total Number of Companies in Jafza to Reach 11,472 by the End of 2025
The Jebel Ali Free Zone (Jafza), part of DP World, has experienced significant growth in the number of new businesses in 2025, attracting over 800 companies and averaging more than 66 new firms each month. By the end of...
Markets Affirm Their Capability to Continuously Meet Consumer Demands
Filled shelves, steady supplies, and strategic stockpiles that extend for several months ahead reflect the Emirates' readiness to meet consumer demands without interruption. This is achieved through a comprehensive food security system and flexible supply chains capable of quickly...
Attracts Quality Projects and Achieves 100% Occupancy in Khorfakkan
The Small and Medium Enterprises Center, known as "Tijara 101," under the Sharjah Chamber of Commerce and Industry, has achieved notable successes during the first quarter of 2026. The center recorded a 100% occupancy rate at its location in...
Emirates Airlines Resumes Limited Operations Following Temporary Suspension
Emirates Airlines has announced the resumption of its flight operations following a temporary suspension that took place earlier this morning (March 16, 2026). The airline confirmed that it will be operating a limited flight schedule during this period.The company...