Business Economy

UAE launches eInvoicing 4-Corner model to advance digital economy

News Editor 21/04/2026

Photo Credit : WAM The Ministry of Finance UAE has rolled out the eInvoicing 4-Corner model, marking a major step in the country’s push toward a fully digital and automated financial ecosystem. The new framework enables businesses across the UAE to exchange electronic invoices seamlessly

Economy

Multimodal transport corridors reshape global trade: DP World

News Editor 20/04/2026

Photo Credit : WAM DP World is advancing integrated logistics solutions as global supply chains adapt to shifting trade dynamics, with multimodal transport corridors emerging as a key driver of efficiency and resilience. In a new whitepaper titled “A $60.7 Billion Opportunity: Multimodal Transport and the Future of Global Trade,” the company highlights how combining […]

Economy

ADGM, Shenzhen’s Futian District sign pact to boost cross-border finance ties

News Editor 20/04/2026

Photo Credit : WAM Abu Dhabi Global Market (ADGM) has signed a Memorandum of Understanding with Futian District in Shenzhen, marking a new phase of economic and financial cooperation between Abu Dhabi and one of China’s leading innovation hubs. The agreement sets a framework to strengthen collaboration across key sectors including financial services, innovation, and […]

Economy

Dubai South rolls out new incentives to support businesses

News Editor 17/04/2026

Photo Credit : WAM Dubai South has unveiled a fresh package of incentives aimed at supporting companies operating within its Free Zone, as part of ongoing efforts to maintain economic momentum and strengthen business confidence. The initiative, aligned with the broader strategy of the Dubai Free Zones Council, focuses on enhancing the competitiveness and resilience […]

Economy Energy UAE

UAE, China strengthen energy ties with new clean energy and industrial platform deal

News Editor 16/04/2026

Photo Credit : WAM The UAE’s Ministry of Investment has signed a strategic Memorandum of Understanding with Jereh Group to develop an integrated clean energy and industrial platform, reinforcing the country’s push to lead in next-generation energy and advanced manufacturing. The agreement, signed by Mohammad Abdulrahman Alhawi, Undersecretary of the Ministry of Investment,

Economy

General Women’s Union joins UAE-China Business Promotion Conference in Beijing

News Editor 15/04/2026

Photo Credit : WAM The General Women’s Union took part in the UAE-China Business Promotion Conference in Beijing, highlighting the growing role of women in strengthening economic ties between the UAE and China. Hosted by the UAE Embassy in Beijing in cooperation with the Ministry of Foreign Trade, the conference was held under the theme […]

Business Economy

EDB deploys AED 20 million daily to support UAE businesses and strengthen market resilience

News Editor 14/04/2026

Photo Credit : WAM Emirates Development Bank (EDB) has announced it is injecting an average of AED 20 million in financing each day to sustain business operations across the UAE and reinforce market stability amid global economic uncertainty. The move comes as businesses worldwide face ongoing supply chain disruptions and rapid market fluctuations. EDB said […]

Economy

Dubai Economy and Tourism, HSBC ink strategic deal to boost global investment inflows

News Editor 13/04/2026

Photo Credit : WAM The Dubai Department of Economy and Tourism (DET) has signed a strategic agreement with HSBC Bank Middle East Limited aimed at accelerating investment flows into Dubai and strengthening its position as a global financial and business hub. The partnership is designed to attract international corporates, institutional investors, and high-net-worth

Economy

DWTC Free Zone partners with Wio Bank to boost digital banking access for businesses

News Editor 13/04/2026

Photo Credit : WAM Dubai World Trade Centre Free Zone has entered into a strategic partnership with Wio Bank PJSC to enhance digital banking access for companies operating within its ecosystem, reinforcing Dubai’s drive to simplify business operations and attract global investment. The agreement, formalised through a Memorandum of Understanding, will provide businesses

Economy UAE

Etihad Airways expands China network with five new destinations and increased flights

News Editor 13/04/2026

Photo Credit : WAM Etihad Airways has announced a major expansion of its mainland China operations, unveiling five new destinations and adding 28 weekly flights in one of its largest single-market growth moves in recent years. The expanded network will connect Zayed International Airport with key Chinese cities including Shanghai Pudong, Guangzhou, Chengdu, Hangzhou and

Economy

Salik posts AED1.55bn profit for 2025, approves AED890.3mn dividend payout

News Editor 10/04/2026

Photo Credit : WAM Dubai’s toll gate operator Salik Company PJSC has delivered a strong financial performance for 2025, reporting a net profit of AED1.55 billion, up 33.4% compared to the previous year. The results were approved during the company’s General Assembly held in Dubai, chaired by Mattar Al Tayer and attended by CEO Ibrahim […]

Economy

DIFC rolls out relief measures to support businesses and retailers

News Editor 10/04/2026

Photo Credit : WAM Dubai’s Dubai International Financial Centre (DIFC) has announced a new package of temporary relief measures aimed at supporting businesses and retailers as the region navigates ongoing economic challenges. The financial hub confirmed that the initiatives are effective immediately and are designed to reduce short-term financial and operational pressures

Economy

Dubai Sets Global First with New Virtual Asset Issuance Guidance

News Editor 09/04/2026

Photo Credit : WAM Dubai, UAE — April 2026 — The national airline of the UAE, Etihad Airways, has announced it will launch a seasonal service to Dhaka, Bangladesh, beginning 26 June 2026.  According to the Emirates News Agency, the new route is designed to strengthen trade and cargo links across the South Asia corridor […]

Economy

Overseas Pakistanis in UAE may face mandatory OPF membership with Rs10,000 fee

News Editor 07/04/2026

Photo Credit : KT File Pakistani expatriates, including those living in the UAE, may soon be required to obtain membership of the Overseas Pakistanis Foundation (OPF) under a new proposal awaiting approval from Prime Minister Shehbaz Sharif. The OPF has proposed making membership compulsory for all overseas Pakistanis, with a fee of Rs10,000 (approximately Dh130) […]

Economy

Dubai unveils AED1bn economic stimulus to support hospitality and business sectors

News Editor 03/04/2026

A new set of economic measures announced by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum is expected to strengthen business resilience and support growth across key sectors, particularly hospitality and tourism. The initiatives are part of a broader AED1 billion stimulus package introduced this week, aligned with the vision of Sheikh Mohamed bin Zayed […]

Economy

UAE strengthens food security as minister visits leading national manufacturer

Miguel Hadchity 01/04/2026

Photo Credit: WAM Dubai, UAE — April 2026 — The UAE continues to solidify its status as a premier regional hub for food-sector economic activity, according to Minister of Economy and Tourism. Citing an integrated infrastructure built on global best practices, advanced technology, and agile supply chains, Abdulla bin Touq Al Marri emphasized that these […]