UAE releases fuel prices for February 2025
UAE increases petrol and diesel prices by up to 14 fils per liter in February 2025, following global oil market trends and monthly pricing policy.
Abu Dhabi’s MGX funds Trump’s $100 Billion AI Plan
UAE’s MGX, led by Sheikh Tahnoun, joins OpenAI, SoftBank, and Oracle in Trump’s AI plan, reinforcing Abu Dhabi’s push for global artificial intelligence dominance.
Oracle to fivefold increase investment in Abu Dhabi on AI
Oracle plans a fivefold increase in investment in Abu Dhabi to meet rising AI and cloud demand, as global tech firms expand their presence in the Middle East.
President Sheikh Mohamed meets Kurdistan Prime Minister
UAE President Sheikh Mohamed and Kurdistan PM Masrour Barzani discuss regional developments and enhanced cooperation in key sectors during talks in Abu Dhabi.
UAE salaries to rise in 2025
Three-quarters of UAE employers plan salary increases in 2025 amid strong hiring and AI adoption, with rising competition for Emirati talent and long-term workforce investment.
UAE non-oil business activity growth picks up in December 2024
The UAE’s non-oil private sector expanded at its fastest pace in nine months, with rising demand and business activity driving a PMI increase to 55.4.
UAE stock market capitalization grows 7.14% in 2024
Dubai and Abu Dhabi’s stock markets saw a 7.14% increase in 2024, driven by IPOs, foreign investment, and a strong economic outlook for 2025.
UAE Petrol Prices Announced for January 2025
Petrol and diesel prices in the UAE stay at December 2024 levels in January 2025. The move signals continued market stability after a year of volatility.
Dubai Metro Blue Line to start operations in 2029
Dubai awards AED 20.5B Blue Line contract to MAPA, LIMAK, CRRC; 14 stations to boost mobility, cut emissions and start operations by September 2029.
Dubai’s Mashreq Metro Station Renamed InsuranceMarket
RTA renames Mashreq Metro Station to InsuranceMarket Metro Station in a 10-year public-private partnership, enhancing branding opportunities and economic collaboration in Dubai.