The 'AA-' rating reflects the UAE's low consolidated government debt, strong net external asset position and high GDP per capita

Dh1.5b support package backs schools while keeping tuition costs unchanged The Knowledge and Human Development Authority (Knowledge and Human Development Authority) has confirmed that private school fees in Dubai will remain unchanged for the 2026–27 academic year, following a leadership directive. The decision, issued under the guidance of His Hig…

Abu Dhabi: Abdulla bin Touq Al Marri, Minister of Economy and Tourism, said that the UAE continues to consolidate an economic model based on openness, continuity and adaptability to global changes, noting that the national economy has demonstrated its ability to maintain competitiveness and stability despite geopolitical challenges and regional fluctuations.Speaking during the Economy Middle…

(MENAFN - Khaleej Times) Dubai Insurance said its role goes beyond traditional motor insurance, with the company developing a specialised approach tailored to autonomous vehicles By: Sahim ...

(MENAFN - Mid-East Info) The UAE's non-oil foreign trade with Austria reached US$2.1 billion in 2025, reflecting a growth of 16.4% compared to 2024 and a significant 87.7% increase since 2019. ...

Prolonged disruption to trigger deeper supply shocks, fuel price spikes, economic strain Dubai: The world could be heading towards a dangerous oil supply crunch as the prolonged closure of the Strait of Hormuz drains emergency reserves and rattles global energy markets, the head of the International Energy Agency has warned. As the disruption stret…

Abu Dhabi: 7X, the leading group in trade, transport, and logistics, has expanded its support scope enabled by ADEED, the UAE Supply Chain Support Platform, to include a broader ecosystem of partners and service providers across the UAE, following the platform's successful launch in Abu Dhabi.This step marks a unified effort towards strengthening supply chain…

(MENAFN - Golin Mena) New AI assistants and agent infrastructure help business and analytics teams move from experimentation to governed, production-ready intelligence Dubai, UAE (May 18, 2026) – ...

DCT Abu Dhabi awards US$1.7 billion construction contract to ALEC for Sphere Abu Dhabi Publicly listed UAE contractor ALEC Engineering and Contracting will deliver globally iconic immersive entertainment venue with construction set for completion by 2029 Abu Dhabi, United Arab Emirates – 23 May 2026 – ALEC Engineering and Contracting (ALEC) has received a Letter…

Municipality reveals Eid gifts at parks, live events and intensified safety inspections Dubai: Dubai has rolled out a packed lineup of Eid Al Adha celebrations for residents and visitors, with selected beaches designated exclusively for families, free ice cream giveaways at public parks, and live entertainment events across the city during the long…

New York: SpaceX took the wraps off its IPO filing on Wednesday, opening ‌the books of the company ​that has already revolutionised rocket technology, with even larger ambitions to colonise Mars and build AI data centres in space.The listing is poised to become the first trillion-dollar U.S. market debut and could set the stage for…

(MENAFN - mslgroup) CFI Financial Group, the region–s leading online trading provider, is proud to announce the launch of more than 40 local stocks listed on the Dubai Financial Market (DFM). This ...

(MENAFN - Mid-East Info) Publicly listed UAE contractor ALEC Engineering and Contracting will deliver globally iconic immersive entertainment venue with construction set for completion by 2029 ...

Emaar names long-serving finance executive Pawan Chindalia as Group Head of Finance Dubai: Dubai developer Emaar Properties PJSC has announced a key change in its senior finance leadership, with Hesham Heikal, the company’s Group Head of Finance, leaving the business effective May 20, according to a filing on the Dubai Financial Market (DFM). In th…

DUBAI: Senior business leaders, policymakers, trade experts, investors and industry stakeholders gathered in Dubai to commemorate the fourth anniversary of the landmark India-UAE Comprehensive Economic Partnership Agreement (CEPA), reaffirming the rapidly expanding strategic and economic partnership between the two countries.Organised by the Indian Business and Professional Council Dubai (IBPC Dubai), the event brought together representatives…

(MENAFN - Nausheen Shamsher) MAGRABI Retail, the Middle East–s largest eyewear retailer, announces the proposed acquisition of 51% of the issued share capital of the Baraka Optics Group, one of the ...

NAV increased 16.5% Y-o-Y to USD 254.7 million, or USD 1.02 per share

Dubai motorists will pay 5% VAT on parking, Salik tolls and tag fees from June 1, 2026 Dubai: Dubai motorists will soon see slightly higher parking and Salik costs, with a 5 per cent VAT charge being added to public parking services, toll gate crossings and Salik tag activation fees from June 1, 2026. The…

Dubai: Etihad Energy Holding PJSC recorded a revenue of Dh109.7 million in the first quarter of 2026, representing a growth of 64% compared to the revenue of the same period last year according to consolidated accounts, and an increase of 325% compared to the revenue of Gulf Navigation Company which stood at Dh25.8 million during…

(MENAFN - W7Worldwide) Riyadh: Kreab, a global advisor in strategic communications, has launched its first regional office in the Middle East in Riyadh under the n–me –Kreab Saudi A–abia,– in a ...

https://fastcompanyme.com/codesign/ The sector is forecast to grow at a CAGR of 4.9%, supported by regulatory reforms, infrastructure projects and economic diversification. The post GCC insurance market projected to reach $61.8 billion by 2030 appeared first on Fast Company Middle East | The future of tech, business and innovation. .

Event brought together global institutional investors and DFM-listed companies Dubai: EFG Hermes hosted the DFM Investor Day at Nasdaq Dubai in partnership with Dubai Financial Market (DFM), bringing together institutional investors and executives from listed companies with a combined market capitalisation exceeding Dh120 billion. The event focused…

Dubai: Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, hosted a special Export Majlis event in collaboration with DP World and Dubai Customs. The session introduced manufacturing companies, logistics providers, and exporters to DP World’s newly launched Cargo War Risk Insurance programme, designed to help businesses navigate…

(MENAFN - Your Mind Media ) "The US dollar advanced on Tuesday, supported by higher Treasury yields and ongoing concerns about the geopolitical situation in the Middle East. While President Trump ...

Modular Platform by Design Supports Multiple Powertrains and Vehicle Segments, Targets 2M+ Units by 2035

Historic UK-GCC trade deal set to deepen UAE investment, trade and services ties Dubai: The United Kingdom has signed what it described as a “historic” free trade agreement with the Gulf Cooperation Council, becoming the first G7 nation to secure a trade pact with the six-member bloc that includes the UAE. Get updated faster and…

Dubai: US banking giant Citigroup and BlackRock’s HPS Investment Partners have partnered on a €15 billion ($17.5 billion) private credit programme to expand direct lending across the EMEA region, the companies said on Monday.Under the partnership, Citi will leverage its capabilities to source investment opportunities for the programme, which will target borrowers with operations in…

(MENAFN - IANS) Mumbai, May 17 (IANS) Indian benchmark indices Sensex and Nifty snapped their two-session winning streak on Friday amid profit booking triggered by weak global cues, rising crude oil ...

He will oversee a fleet of more than 20 business jets under management, supporting aircraft owners with operational oversight, asset optimisation and charter revenue opportunities

Marine growth, heat and delays are worsening conditions for stranded ships and crews Dubai: Ships stranded in Gulf waters for weeks are now facing an unusual new problem — barnacles, algae and jellyfish are building up on their hulls and propellers, raising concerns that some vessels could struggle to leave even after the regional conflict…

Dubai: Interiors UAE has announced the launch of the new Brigitte Dining Collection by Bernhardt. The collection is set to bring a fresh approach to understated luxury and contemporary elegance to dining spaces across the country.Designed to blend timeless influences with modern sophistication, the collection reflects Bernhardt’s signature approach to craftsmanship and refined design. Carefully…

(MENAFN - The Peninsula) The Peninsula Abu Dhabi: As demand for integrated, lifestyle-focused communities accelerates across the GCC, developers are being pushed to rethink traditional residential ...

(MENAFN - Khaleej Times) Massive investments in artificial intelligence, sovereign digital infrastructure, advanced manufacturing and fintech are transforming the UAE into one of the world's ...

Deal will see the two companies collaborate on out-of-home (OOH) advertising opportunities Dubai: Publsh Media Group has signed an exclusive strategic partnership with Vivenda Group to expand both companies’ premium media portfolios across the UAE, Italy and Spain. Get updated faster and for FREE: Download the Gulf News app now - simply click here.

Hong Kong: Asian stocks mostly retreated on Monday, while oil prices surged after U.S. President Donald Trump warned Tehran that “the clock is ticking” as negotiations over a permanent end to the Iran war stalled.U.S. futures declined by more than 0.6%.Markets in Japan and South Korea pulled back further from recent record highs. Tokyo’s Nikkei…

(MENAFN - EIN Presswire) EINPresswire / -- Innovation City, the UAE's premier AI-powered free zone, and ENTA Mina, a residential development by ENTA, today announced a partnership that integrates ...

The UAE is pouring billions into AI, data centres and fintech to pivot from oil to a sovereign digital economy, emerging as a global innovation hub and AI bridge for the Global South

Dubai gold prices ease by up to 75 fils per gram as global rates soften; India sees gains Dubai: Dubai gold prices slipped slightly on Thursday, giving UAE shoppers a small breather after recent volatility in bullion markets. The price of 24K gold dropped to Dh546.75 per gram, down from Dh547.50 yesterday, while 22K fell…

Dubai: Dubai Investments held a high-level meeting with H.E. Dr. Khalfan bin Saeed Al-Shuaili, Minister of Housing and Urban Planning of the Sultanate of Oman, led by its Vice Chairman and CEO, Khalid bin Kalban, along with senior members of the management team and explored potential investment opportunities in Oman.The discussions focused on identifying strategic…

(MENAFN - The Arabian Post) clearfix">Arabian Post Staff -DubaiAbu Dhabi has moved to tighten control over its infrastructure delivery pipeline with a unified governance framework designed to cut ...

Starting June 1, a 5 per cent Value Added Tax (VAT) will be applied to parking services provided by Parkin and toll tariff and activation fees under Salik.

Investor Day to provide investors with access to management teams from top companies Dubai: EFG Hermes and Abu Dhabi Securities Exchange have launched an Investor Day for ADX-listed companies in Abu Dhabi, bringing together senior executives from listed firms and regional and international institutional investors. The event, held in strategic partn…

(MENAFN - The Arabian Post) clearfix">UAE property developers are expected to keep construction programmes moving and meet debt obligations over the next 12 months, as strong cash reserves and ...

Seven members likely to raise target by 188,000 bpd, sources say

Investigations trace recent drone threats to Iraq amid assurances of national security Abu Dhabi: The UAE Ministry of Defence announced that over the past 48 hours, UAE air defence systems successfully detected and intercepted six hostile drones that attempted to target civilian and vital areas in the country. The air defence forces successfully in…

(MENAFN - IANS) Seoul, May 14 (IANS) More than 96 per cent of gas stations nationwide have kept gasoline prices unchanged under the country's fuel price cap system, the industry ministry said on ...

Minister of Economy: UAE economy capable of performing under all conditions

Rising claims, tougher rules and a digital shake-up could mean higher costs for customers Dubai: Insurance premiums in the UAE could become more expensive as insurers face rising claims, higher technology costs and tougher regulatory demands, according to a new Alpen Capital report released Wednesday, May 20. The warning comes as the UAE insurance…