International Burooj: A New Emirati Giant Reshaping the Global Chemical Industry
XRG, the international investment arm of the energy sector owned by ADNOC, along with OMV Aktiengesellschaft (OMV), has successfully established International Borealis AG, which will operate under the trade name International Borealis. This company is set to become a...
Dubai Ranks Sixth Globally in Smart Cities Index 2026
The United Arab Emirates has achieved a significant milestone in the latest Smart City Index 2026 report released by the IMD World Competitiveness Center. Dubai has secured the sixth position globally, while the capital, Abu Dhabi, ranks tenth. This...
The UAE Is Prepared to Meet Consumers Demand for Essential Goods
The UAE, under the guidance of its leadership, continues to solidify its position as a prominent regional hub for economic activities in the food sector, as stated by His Excellency Abdullah bin Touq Al Marri, Minister of Economy and...
Standard Chartered Launches “Women and Technology” Program in the UAE
Standard Chartered, in partnership with Village Capital, has announced the launch of the eighth edition of the "Women in Tech" program in the UAE. This initiative aims to empower female entrepreneurs and accelerate the growth of startups in the...
Turkish “Esaas” Aims to Double Its Presence in the UAE
The Turkish firm "Esas" has affirmed that the United Arab Emirates continues to strengthen its position as one of the most dynamic global hubs for trade, investment, and innovation, despite the geopolitical uncertainties in the region. They highlighted that...
Dubai Customs Extends Goods Transit Period to 90 Days to Enhance Trade Flow
Dubai Customs has released Customs Announcement No. (05/2026), which includes a decision to extend the transit period for goods. This initiative aims to bolster supply chain continuity and ensure smooth trade flow amidst the current operational challenges facing the...
Launch of the “A’id” Platform to Strengthen Supply Chain Sustainability and Facilitate Trade
The Abu Dhabi Investment Office, in partnership with 7X, has unveiled "UAE Support," a new observatory aimed at bolstering supply chains and facilitating trade within the Emirate of Abu Dhabi and the wider UAE. This initiative has been developed...
Adnoc Distribution Shareholders Approve 2025 Dividend Distribution of $700 Million
ADNOC Distribution has announced that its shareholders have approved all items on the agenda for the annual general meeting, including the decision to distribute a final cash dividend for the second half of 2025 amounting to $350 million (1.28...
Leading Stocks Propel Dubai Market Gains in Early April Sessions
The Dubai Financial Market began April with strong gains, boosted by a notable performance from leading stocks, which experienced collective increases.The Dubai Financial Market Index surged by 2.25% at the start of trading, surpassing the 5550-point mark. Meanwhile, the...
UAE Real Estate Sector Shines with Billion-Dollar Projects and Strong Sales in March
The United Arab Emirates continues to strengthen its position as one of the most dynamic real estate markets, with a consistent pace of new project launches and ongoing construction activities throughout March 2026.This rapid movement in projects and increasing...