Economy News Real Estate

Deyaar launches Aya Residences

Leading UAE real estate developer Deyaar Development has launched its first-ever residential project in Umm Al Quwain.

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Economy News

Emirates SkyCargo wins global award

Emirates SkyCargo has been awarded the title of ‘International airline of the year’ at the STAT Times International Awards for Excellence in Air Cargo. The award highlights the airline’s crucial role in shaping global logistics and facilitating international trade.

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Economy News

Bahrain logistics platform expands to KSA

Digital logistics platform Parcel has announced its expansion into Riyadh, having already revolutionised delivery services for over 3,000 businesses in Bahrain and completed more than 1.5 million deliveries.

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Economy Entrepreneur News

UAE SMEs enter 2025 with optimism

SMEs in the UAE are entering 2025 with strong confidence, driven by a thriving digital economy, strong government support and improved financial access, according to the latest Mastercard SME Confidence Index.

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Economy Entrepreneur News

UAE ranks 10th globally in soft power

The UAE has secured 10th place in the Global Soft Power Index 2025, marking a significant milestone in its global influence. The annual index, published by Brand Finance, evaluates 193 countries based on insights from 173,000 business leaders and policymakers.

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Economy News Real Estate

Aldar unveils nature-inspired community

Real estate development company Aldar has launched The Wilds, a Dubai residential community that harmonises modern living with nature, creating and environment for families while preserving local wildlife.

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Economy Entrepreneur News

New UAE ‘business opportunities visa’

Global investors, entrepreneurs, skilled professionals and financiers can take advantage of the ‘business opportunities visa’ to explore UAE-based opportunities. The invitation to apply was extended by the Federal Authority for Identity, Citizenship, Customs, and Port Security (ICP), and is expected to attract entrepreneurs from around the world.

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Economy News

UAE defies global decline in trust

In a new report on trust and confidence, the UAE has far outperformed the global average. According to the latest Edelman Trust Barometer, 82% of UAE respondents trust their government - a figure which far surpasses the global government trust average of 52%.

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Economy Entrepreneur News

DIFC reports record growth in 2024

Dubai International Financial Centre (DIFC) has achieved its strongest financial performance to date, posting total revenue of $484m in 2024, the largest annual increase since its establishment and a 37% increase from 2023. Operating profit reached $363m, a 55% increase from the previous year.

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Economy News

UAE, Ukraine sign landmark CEPA

The UAE and Ukraine have signed a Comprehensive Economic Partnership Agreement (CEPA) set to boost their economies, adding $369 million to the UAE’s GDP and $874 million to Ukraine’s by 2031.

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