Business News UAE

Dubai Chambers signs four MoUs with Chinese business chambers

News Editor 16/10/2026

Photo Credit: WAM Dubai Chambers has signed four Memorandums of Understanding with leading chambers of commerce in China as part of efforts to strengthen business cooperation, expand trade and investment ties, and connect companies in Dubai with counterparts across key Chinese cities. The

Business Finance

Abu Dhabi Securities Exchange Marks World Investor Week With University Partnership

News Editor 07/10/2026

Photo Credit: WAM The Abu Dhabi Securities Exchange (ADX) has marked World Investor Week 2026 with an opening bell-ringing ceremony and the signing of a memorandum of understanding with the University of Europe (UE) for Applied Sciences’ Dubai campus, reinforcing its focus on financial education and investor awareness. As a multi-asset exchange, ADX is supporting […]

Business

UAE Launches ‘Nawat Al Qura’ Accelerator to Support Entrepreneurs in Emirates Villages

News Editor 05/10/2026

Photo Credit: WAM The UAE Ministry of Economy and Tourism and the Emirates Council for Balanced Development have opened registration for “Nawat Al Qura,” a mobile business accelerator designed to support Emirati entrepreneurs and small enterprises in Emirates Villages. The initiative is aimed at helping UAE nationals develop business ideas, test products and services in

Business Finance

UAE Ministry of Finance Lists Second Sovereign Retail T-Sukuk on Nasdaq Dubai

News Editor 02/10/2026

Photo Credit: WAM The UAE Ministry of Finance has announced the official listing and start of secondary-market trading for its second five-year Sovereign Retail T-Sukuk on Nasdaq Dubai, following the completion of subscription, allocation and settlement procedures. The latest issuance builds on the first tranche of the programme and forms part of the Ministry’s efforts

Banking Business

RAKEZ and RAKBANK Launch UAE’s First 60-Minute Business Account Opening Service

News Editor 01/10/2026

Photo Credit: WAM Ras Al Khaimah Economic Zone (RAKEZ) and RAKBANK have introduced a new banking service allowing eligible RAKEZ businesses to open a RAKBANK Business Current Account within 60 minutes, marking a first for the UAE. The service is available to qualifying new and existing companies holding a RAKEZ trade licence and is aimed […]

Business

JINGDONG Property to develop 150,000 sqm advanced logistics facility in KEZAD

News Editor 28/09/2026

Photo Credit: WAM Khalifa Economic Zones Abu Dhabi (KEZAD Group) has signed an agreement with JINGDONG Property, the infrastructure investment and asset management arm of JD.com, Inc., to develop a major logistics facility in KEZAD Area A – Al Ma’mourah. The new development will span approximately 150,000 square metres of warehousing space, with completion expected […]

Business

ZAKH opens solar panel and BIPV manufacturing facility in Ras Al Khaimah

News Editor 14/09/2026

ZAKH Renewable Energy and Engineering Manufacturing has launched a new solar panel and Building Integrated Photovoltaics (BIPV) production facility in Ras Al Khaimah Economic Zone (RAKEZ), strengthening the emirate’s position as a growing hub for renewable energy manufacturing. Located on a 30,000-square-metre site in Al Ghail Industrial Zone, the facility will produce

Business

BRICS Business Forum in New Delhi Focuses on Trade, Supply Chains and Digital Economy

News Editor 11/09/2026

Photo Credit : WAM The BRICS Business Forum has opened in New Delhi, bringing together senior government officials, business leaders, financial institutions, startups and representatives from BRICS member and partner countries to explore new opportunities for economic cooperation. Sultan bin Saeed Al Mansoori, Chairman of Dubai Chambers, is taking part in the forum as part

Business Real Estate

Dubai Holding Awards Landmark AED5 Billion Construction Contract for New HQ and Jumeirah Residences

News Editor 09/09/2026

H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Holding, has witnessed the signing of a landmark AED5 billion construction contract between Dubai Holding and China State Construction Engineering Corporation Middle East (CSCEC ME). The agreement covers the development of Dubai Holding’s new headquarters and Jumeirah Residences Emirates Towers, marking the largest

Business

Alpha Dhabi Doubles MICAD Credit JV Commitment to US$1 Billion

News Editor 31/08/2026

Photo Credit : WAM Alpha Dhabi Holding PJSC has doubled its capital commitment to the MICAD Credit joint venture managed by Mubadala Capital, increasing its investment to US$1 billion as it expands its exposure to the global private credit market. Under the revised partnership agreement, the ADX-listed investment group will also raise its ownership stake […]

Business Lebanon UAE

RAK Chamber explores trade and investment opportunities at UAE-Lebanon Business Forum

News Editor 28/08/2026

Photo Credit : WAM The Ras Al Khaimah Chamber of Commerce and Industry explored opportunities to strengthen trade and investment ties between the UAE and Lebanon during its participation in the UAE-Lebanon Business Forum as part of the UAE’s official delegation. On the sidelines of the forum, Mohamed Mosbbeh Al Nuaimi, Chairman of Ras Al […]

Business UAE

Sharjah Chamber, South Korean embassy discuss preparations for Seoul business mission

Miguel Hadchity 20/08/2026

Photo Credit: WAM Dubai, UAE — August 2026 — The Sharjah Chamber of Commerce and Industry has held talks with the Embassy of the Republic of Korea to finalize preparations for a business delegation to Seoul, scheduled to run from August 23 to 30. The mission will be led by Haleima Hameed Al Owais, a […]

Business

UAE Launches Training Initiative to Strengthen Government Asset Management

News Editor 19/08/2026

The UAE Ministry of Finance has launched a new training initiative designed to improve asset management practices across federal government entities and develop specialised national expertise. The ministry signed a strategic partnership with the Asset Management Academy and Turner & Townsend International Ltd. to deliver Institute of Asset Management (IAM) training

Business

DP World Delivers Three New Cranes as Part of US$800 Million Tartous Port Upgrade

News Editor 18/08/2026

Photo Credit : WAM DP World has delivered three Mobile Harbour Cranes to the Port of Tartous, marking a major step in its US$800 million programme to modernise the Syrian port and support the country’s economic recovery. The new cranes are expected to increase the port’s cargo-handling capacity by around 40 percent. They will enable […]

Business UAE

DAE posts $229.9m H1 pre-tax profit as revenue and liquidity strengthen

News Editor 30/07/2026

Photo Credit: WAM Dubai Aerospace Enterprise (DAE) reported solid financial results for the first half of 2026, with higher revenue, improved profitability and stronger liquidity, while advancing major strategic investments to expand its global aircraft leasing business. The company posted revenue of $865.9 million for the six months ended June 30, 2026, up from $843.6

Business Markets

Dubai Investments Takes Full Ownership of Clemenceau Medical Centre Dubai

News Editor 29/07/2026

Photo Credit : WAM Dubai Investments has increased its ownership of Clemenceau Medical Centre Dubai to 100 percent after completing the acquisition of the remaining 80 percent stake in the healthcare facility. The transaction was carried out through Dubai Investments Industries, a wholly owned subsidiary of Dubai Investments. CMC Dubai, in which the group previously […]

Business

Dubai Unveils 2026-27 Promotional Roadmap, Electronics Festival Planned for 2027

News Editor 28/07/2026

Photo Credit : WAM Dubai’s Department of Economy and Tourism has outlined an expanded promotional roadmap for 2026 and 2027, bringing together retail, tourism, hospitality and entertainment initiatives to support year-round economic growth. The roadmap was presented during the Dubai Promotions Impact forum, hosted by the Indian Business and Professional Council Dubai on

Business Economy UAE

DP World to develop two new Fujairah terminals under 50-year agreement

News Editor 22/07/2026

Photo Crdit : WAM DP World has signed a 50-year concession agreement with the Fujairah Ports Authority to develop two new multipurpose port terminals, a major project set to expand the UAE’s maritime and logistics capacity while reinforcing Fujairah’s role as a global trade gateway. The agreement was signed in the presence of H.H. Sheikh […]

Business

Strata, Embraer sign pact to explore aerospace manufacturing opportunities

News Editor 22/07/2026

Photo Credit : WAM Strata Manufacturing PJSC, a wholly owned subsidiary of Mubadala Investment Company, has signed a Memorandum of Agreement (MoA) with Brazilian aerospace manufacturer Embraer to explore new opportunities in advanced aerospace manufacturing, strengthening ties between the UAE and one of the world’s leading aircraft makers. The agreement was signed

Business

Al Etihad Payments, Mastercard launch world’s first Jaywan-Mastercard co-badged credit card

News Editor 21/07/2026

Photo Credit : WAM Al Etihad Payments (AEP), a wholly owned subsidiary of the Central Bank of the UAE (CBUAE), has partnered with Mastercard to launch the world’s first Jaywan-Mastercard co-badged credit card, marking a major step in strengthening the UAE’s digital payments ecosystem. The strategic collaboration will also see the development of advanced payment