Home Articles posted by Miguel Hadchity (Page 2)
Finance Saudi Arabia

Saudi Arabia posts $33bn deficit in Q1 2026 as spending surges 20%

Miguel Hadchity
Image Credit: X/@MOFKSA Dubai, UAE — May 2026 — Saudi Arabia recorded a fiscal deficit of SAR 125.7 billion ($33.5 billion) in the first quarter of 2026, as government expenditures climbed sharply while oil revenues declined, according to the quarterly budget performance report released by the Ministry of Finance. Total revenues for the January–March period reached […]
IMG_7516
Energy UAE

UAE withdraws from OAPEC, marking second oil alliance exit in one week

Miguel Hadchity
Photo Credit: OAPEC Dubai, UAE — May 2026 — The United Arab Emirates has formally withdrawn from the Organization of Arab Petroleum Exporting Countries, the intergovernmental body announced on Sunday, effective May 1, 2026. The exit, confirmed in a statement by OAPEC’s Secretary-General, follows the UAE’s departure from the OPEC Secretariat earlier this week, signaling
Tech Travel

Emirates ushers in a new era of sky-high connectivity as first A380 equipped with Starlink Wi-Fi takes flight

Miguel Hadchity
Photo Credit: Emirates Dubai, UAE — April 2026 — The Emirates A380, already celebrated as one of aviation’s most iconic aircraft, has just soared to a new technological milestone with the completion of the first installation of next-generation Starlink Wi-Fi onboard. Returning to Dubai this week after undergoing installation and certification in Newquay, UK, this […]
News UAE

UAE signs biosecurity pact to strengthen food safety and diagnostic systems

Miguel Hadchity
Photo Credit: WAM Dubai, UAE — April 2026 — The Ministry of Climate Change and Environment and the Abu Dhabi Quality and Conformity Council have signed a Memorandum of Understanding to enhance biosecurity cooperation during the Emirates Agriculture Conference and Exhibition 2026. The agreement was formalized by Mohammed Saeed Al Nuaimi, Under-Secretary of MOCCAE, and […]
Corporate

Gulf women cement role in regional development as population and job figures rise

Miguel Hadchity
Photo Credit: WAM UAE — April 2026 — The Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf confirmed that women in the Gulf are strengthening their presence in the region’s development journey, supported by a youthful population base and rising labour market participation. According to a centre report, key indicators highlight […]
Events

Sharjah and Vietnam to launch joint business forum in 2026, strengthening bilateral trade ties

Miguel Hadchity
Photo Credit: WAM Dubai, UAE — April 2026 — The Sharjah Chamber of Commerce and Industry has held discussions with the Embassy of Vietnam in the UAE aimed at boosting economic cooperation and reinforcing bilateral trade relations. During a meeting at the Sharjah Chamber’s headquarters, SCCI Chairman Abdallah Sultan Al Owais received Nguyen Thanh Diep, […]
Retail

Over $490k in fake products seized by ADRA in 2025

Miguel Hadchity
Photo Credit: WAM Dubai, UAE — April 2026 — The Abu Dhabi Registration Authority, operating under the Abu Dhabi Department of Economic Development to develop and regulate the business sector, has announced that the value of counterfeit and non-compliant goods seized during inspection campaigns in 2025 exceeded AED1.8 million ($490,129). In addition, the estimated value
Real Estate

Dubai’s rental market shows steady stability in Q1 2026 as contract cancellations drop 25%

Miguel Hadchity
Dubai, UAE — April 2026 — Dubai’s rental market demonstrated sustained stability in the first quarter of 2026, driven by strong regulatory and economic fundamentals, according to newly released data.  The market continues to adapt efficiently within a dynamic environment, reinforcing confidence among stakeholders and reflecting the proactive vision of the UAE’s leadership.
Tech

Hong Kong tech and electronics fairs draw 88k global buyers, highlighting AI and robotics boom

Miguel Hadchity
Photo credit: HKSAR Government Dubai, UAE — April 2026 — Two major technology exhibitions that concluded on Thursday have successfully cemented Hong Kong’s role as a bridge between Chinese Mainland innovation and global markets, drawing more than 88,000 buyers from 155 countries and regions. The growing global focus on artificial intelligence and robotics is strongly […]
Corporate UAE

Abu Dhabi’s DGE puts human capital at the core of an AI-driven government future

Miguel Hadchity
Photo credit: WAM Dubai, UAE — April 2026 — The Department of Government Enablement – Abu Dhabi has confirmed that investing in human capital is the essential foundation for building a future-ready, AI-driven government. According to the Emirates News Agency, Abdullah Al Shammari, executive director of the national workforce enablement sector, explained that the department
Travel UAE

DXB named world’s second busiest for total passengers in 2025, leading global hub for international travel

Miguel Hadchity
Photo Credit: WAM Dubai, UAE — April 2026 —  Dubai International Airport has once again cemented its status as a major force in global aviation, ranking among the world’s busiest airports for international passenger traffic after handling 92.5 million passengers in 2025. According to rankings released by Airports Council International and carried by the Emirates […]
UAE

UAE and Uzbekistan explore deeper economic ties as visitor numbers surge

Miguel Hadchity
Dubai, UAE — April 2026 —  The UAE’s Minister of Economy and Tourism, met with a high-level Uzbek delegation to discuss expanding bilateral economic and investment ties. The talks focused on fostering sustainable development partnerships across priority sectors including the new economy, tourism, aviation, fintech, transport, and renewable energy. Discussions also covered
WIC Asia-Pacific Summit
Events Tech

Global leaders unite on digital innovation as WIC Asia-Pacific Summit, InnoEx open in Hong Kong

Miguel Hadchity
Dubai, UAE — April 2026 — The World Internet Conference Asia-Pacific Summit kicked off today in Hong Kong, along with the opening of InnoEX, one of the city’s flagship technology fairs. The dual events underscore Hong Kong’s growing role as a regional and global innovation and technology hub. Speaking at the WIC Asia-Pacific Summit this […]