Home Articles posted by Miguel Hadchity (Page 5)
Lebanon

Israeli strikes force 30,000 displaced people into shelters as conflict continues in Lebanon

Miguel Hadchity
Dubai, UAE — March 2026 — At least 30,000 displaced people have sought refuge in shelters across Lebanon following a dramatic escalation in hostilities between Israel and Hezbollah this week, the UN refugee agency reported on Tuesday, warning that the number is expected to rise significantly. The Israeli military has intensified its air campaign across […]
Travel UAE

Emirates, FlyDubai cautiously resume flights as Middle East conflict strands thousands

Miguel Hadchity
Photo credit: X/@emirates Dubai, UAE — March 2026 — The escalating military conflict between the US, Israel, and Iran plunged global air travel into unprecedented disarray Monday, as major Middle Eastern hubs remained closed and governments scrambled to assist tens of thousands of stranded citizens across multiple continents. The armed conflict, which erupted Saturday, has
Real Estate

Sharjah real estate surges 35% in January

Miguel Hadchity
Photo Credit: WAM Dubai, UAE — February 2026 — Sharjah’s real estate sector kicked off 2026 on a high note, recording a remarkable 34.8 percent increase in transaction value during January. According to the Emirates News Agency, the emirate saw real estate deals worth AED9.3 billion ($2.5 billion) last month, a significant jump from the […]
Etihad Airways
Transport Travel

Etihad Airways reports 47% profit surge in 2025

Miguel Hadchity
Photo Credit: X/@emirates Dubai, UAE — February 2026 — Etihad Airways has announced its strongest full-year financial and operational performance in the airline’s history, marking the fourth consecutive year of profitability for the Abu Dhabi-based carrier. The airline reported a profit after tax of AED2.6 billion ($698 million) for 2025, representing a substantial 47
Finance

CBUAE and UAE Internal Auditors Association join forces to strengthen financial oversight

Miguel Hadchity
Photo Credit: WAM Dubai, UAE — February 2026 — The Central Bank of the UAE and the Internal Auditors Association have entered into a strategic partnership aimed at enhancing the business environment and modernizing regulatory frameworks within the nation’s financial sector. According to the Emirates News Agency, a Memorandum of Understanding formalizing the collaboration
Energy

Mubadala Energy acquires 15% stake in Egypt’s Nargis Offshore concession

Miguel Hadchity
Photo Credit: WAM Dubai, UAE — February 2026 — Mubadala Energy, the Abu Dhabi-based international energy company, has successfully completed the acquisition of a 15 percent participating interest in the Nargis Offshore Area concession from Eni, further expanding its footprint in Egypt’s vital East Mediterranean energy sector. According to the Emirates News Agency, the
Corporate

Dubai chamber and JOOD partner to channel community contributions into sustainable SMEs

Miguel Hadchity
Photo Credit: WAM Dubai, UAE — February 2026 —  In a strategic move to bolster the emirate’s social entrepreneurship landscape, the Dubai Chamber of Commerce has formalized a partnership with the Dubai Community Contributions Establishment to provide targeted support for local startups and small businesses focused on sustainability. The Memorandum of Understanding, signed
Corporate Finance

Sharjah’s economy surges in 2025 with record licences, digital innovation, and 97% Emiratisation rate

Miguel Hadchity
Photo Credit: WAM Dubai, UAE — February 2026 — The Sharjah Economic Development Department has declared 2025 a landmark year of transformative growth, unveiling impressive metrics that underscore the emirate’s strengthening position as a competitive and sustainable economic hub. Hamad Ali Abdullah Al Mahmoud, chairman of SEDD and member of the Sharjah Executive Council,
Finance

UAE sees 65% surge in gold reserves for 2025, CBUAE data shows

Miguel Hadchity
Photo Credit: CBUAE Dubai, UAE — February 2026 — The Central Bank of the UAE recorded a substantial 64.93 percent increase in its gold reserves throughout 2025, with holdings reaching AED37.902 billion ($10.3 billion) by December’s end, according to the institution’s monthly statistical bulletin. statistical-bulletin-december-2025 This marks a significant rise from the
Finance

UAE strengthens tax transparency with new framework for international information exchange

Miguel Hadchity
Photo Credit: WAM Dubai, UAE — February 2026 — The UAE Ministry of Finance has issued Cabinet Decision No. 209 of 2025, establishing a unified legislative framework for the Exchange of Information upon Request for tax purposes. According to the Emirates News Agency, this move reinforces the nation’s existing framework for international tax cooperation and […]
Real Estate

Ajman streamlines villa building permits with new automated system for citizens

Miguel Hadchity
Photo Credit: WAM Dubai, UAE — February 2026 — Ajman’s Municipality and Planning Department has launched an automated mechanism for issuing residential villa building permits for UAE nationals. The system, operated through specially authorized five-star-rated engineering offices, aims to accelerate construction procedures, enhance customer experience, and improve the
Tech

UAE Central Bank issues commemorative coins for AI university’s fifth anniversary

Miguel Hadchity
Photo Credit: WAM Dubai, UAE — February 2026 — The Central Bank of the UAE has issued a special collection of gold and silver commemorative coins to mark the fifth anniversary of the Mohamed bin Zayed University of Artificial Intelligence. According to the Emirates News Agency, the release celebrates the university’s pioneering journey since welcoming […]
Dubai Finance
Events

Dubai hosts International Tax Conference amid push for corporate certainty

Miguel Hadchity
Photo Credit: Government of Dubai Media Office Dubai, UAE — February 2026 — Dubai Finance, in partnership with the International Tax Law Research and Policy Network, convened this week the International Tax Conference 2026 at the Mohammed bin Rashid Library, timed with the World Governments Summit. Under the theme “Achieving International Corporate Tax Certainty in […]
Food & Beverage

Abu Dhabi’s F&B sector enters era of accelerated growth and innovation

Miguel Hadchity
Photo Credit: WAM Dubai, UAE — February 2026 — A report from the Abu Dhabi Chamber of Commerce and Industry confirmed the emirate’s Food and Beverage sector is in a powerful high-growth phase, driven by strategic investments and a rapidly evolving ecosystem. Key metrics reveal exceptional expansion, including 24,594 active F&B licenses as of September […]