Economy

UAE Ministry of Finance Adds Aani and Jaywan for Federal Payments

News Editor 04/08/2026

Photo Credit : WAM The UAE Ministry of Finance has introduced Aani and Jaywan as new payment channels for federal service fees and fines, becoming the first federal government entity to implement the initiative. The decision follows Cabinet Resolution No. 176M/4M of 2026, which approved the

Economy

ADNOC, SLB Roll Out AI Platform Across More Than 120 Drilling Rigs

News Editor 04/08/2026

Photo Credit : WAM ADNOC, in partnership with global energy technology company SLB, has deployed an artificial intelligence-powered Real-Time Operations Centre platform across more than 120 drilling rigs operating at its onshore and offshore assets. The platform, known as RTOC, brings live drilling information into one central environment, allowing engineering, business

Economy UAE

Nasdaq Dubai lists $13.8bn in fixed income instruments in H1 2026

Miguel Hadchity 31/07/2026

Photo Credit: WAM Dubai, UAE — July 2026 — Nasdaq Dubai recorded 33 new fixed income listings worth a combined $13.8 billion in the first half of 2026, with issuers ranging from sovereign entities and multilateral organizations to financial institutions and corporates. According to the Emirates News Agency, UAE-based issuers accounted for 57 percent of […]

Economy

DAE Completes $9 Billion Acquisition of Macquarie AirFinance

News Editor 29/07/2026

Dubai Aerospace Enterprise (DAE) Ltd has completed its acquisition of Macquarie AirFinance Limited and its consolidated subsidiaries, strengthening its position among the world’s largest aircraft leasing companies. The Dubai-based aviation services company confirmed on Wednesday that it had acquired 100 percent of Macquarie AirFinance’s outstanding share capital. The

Economy

ADNOC Distribution Launches Engage Retail Advertising Platform in UAE

News Editor 29/07/2026

Photo Credit: WAM ADNOC Distribution has launched Engage by ADNOC, a retail media network that allows brands to reach customers across the company’s mobility, convenience retail and digital channels. The platform is described as the UAE’s first full-funnel retail media network operated by a mobility and convenience retailer. It combines digital and physical advertising

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 […]

Economy

DP World secures €25m EBRD green loan to electrify Romania’s Constanța container terminal

News Editor 21/07/2026

Photo Credit : WAM DP World has secured a green loan of up to €25 million from the European Bank for Reconstruction and Development (EBRD) to accelerate the electrification of operations at its Constanța South Container Terminal in Romania, marking a major milestone in the company’s global decarbonisation strategy. The financing represents the terminal’s first […]

Economy Real Estate

Sharjah real estate transactions climb 9.3% to AED29.5bn in first half of 2026

News Editor 15/07/2026

Photo Credit : WAM Sharjah’s real estate market continued its strong growth momentum during the first half of 2026, with total property transactions reaching AED29.5 billion, up 9.3 percent compared to the same period last year, highlighting rising investor confidence and sustained market activity across the emirate. According to the Sharjah Real Estate Registration

Economy

Ajman real estate transactions hit AED10.8bn in first half of 2026

News Editor 14/07/2026

Photo Credit : WAM Ajman’s real estate sector continued its strong growth trajectory during the first half of 2026, recording 6,815 property transactions worth more than AED10.8 billion, according to the latest figures released by the Ajman Land and Real Estate Regulation Department through the Ajman Real Estate Index. Engineer Omar bin Omair Al Muhairi, […]

Economy UAE

Dubai SME integrates Hi2 into Dubai Founders HQ to boost Emirati startups

News Editor 13/07/2026

Photo Credit : WAM The Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME), operating under the Dubai Department of Economy and Tourism (DET), has integrated the Hamdan Innovation Incubator (Hi2) into Dubai Founders HQ, creating a stronger support platform for Emirati entrepreneurs and startups. The move brings Hi2, which has

Economy

Dubai Silicon Oasis to Host Doers Summit Dubai 2026 This November

News Editor 13/07/2026

Photo Credit : WAM Dubai Silicon Oasis (DSO) is set to host the second Middle East edition of Doers Summit Dubai 2026 from 24 to 26 November at Dubai Digital Park, bringing together global entrepreneurs, investors, technology companies and innovation leaders under one roof. Held under the patronage of H.H. Sheikh Ahmed bin Saeed Al […]

Economy

DEWA earns two global governance awards from Cambridge IFA

News Editor 10/07/2026

Photo Credit : WAM Dubai Electricity and Water Authority (DEWA) has strengthened its global reputation for corporate governance and sustainability after receiving two prestigious international honours from Cambridge IFA in the United Kingdom. The utility was recognised with the Best Corporate Governance Framework Award 2026 and the Excellence in ESG and Sustainability

Economy

EGA resumes alumina production at Al Taweelah refinery in Abu Dhabi

News Editor 10/07/2026

Photo Credit : WAM Emirates Global Aluminium (EGA) has restarted alumina production at its Al Taweelah alumina refinery, marking another major step in restoring operations at one of the UAE’s key industrial facilities following disruptions earlier this year. The company said alumina production is expected to increase to around 50 percent of the refinery’s

Economy

Dubai Chamber of Digital Economy promotes emirate’s tech ecosystem at GITEX AI Europe 2026

News Editor 07/07/2026

Photo Credit : WAM Dubai Chamber of Digital Economy has wrapped up its participation at GITEX AI Europe 2026 in Berlin, using the international platform to showcase Dubai’s growing digital economy and attract European technology companies, startups and investors to the emirate. During the exhibition, the chamber presented Dubai’s business ecosystem to 287

Economy

ADNOC Distribution to Acquire Shell Downstream South Africa in $1 Billion Deal

News Editor 07/07/2026

Photo Credit : WAM ADNOC Distribution has signed a definitive agreement to acquire 100 percent of the share capital of Shell Downstream South Africa (SDSA) from Shell South Africa Holdings in a transaction valued at approximately $1 billion, marking a major step in the company’s international expansion strategy. The deal, which remains subject to regulatory […]

Economy

ICC UAE wins global recognition as 2026 ICC National Committee Star

News Editor 03/07/2026

Photo Credit : WAM International Chamber of Commerce UAE has been named a 2026 ICC National Committee Star by the International Chamber of Commerce, marking a major achievement for the UAE’s business and trade community. The recognition was announced during #WeAreICCWeek in Paris, where ICC UAE also secured the Flagship Initiative Award for its ICC […]

Business Economy

Abu Dhabi launches maritime business guide to strengthen global investment appeal

News Editor 03/07/2026

Photo Credit : WAM Abu Dhabi Maritime has unveiled a new business guide aimed at boosting the emirate’s position as a global maritime hub and attracting international investors, according to Captain Saif Al Mheiri. Speaking to the Emirates News Agency, Al Mheiri said the newly launched Abu Dhabi’s Compass for Maritime Businesses: Your Gateway to […]

Business Economy

EGA makes fast progress on Al Taweelah restart after March attack disruption

News Editor 02/07/2026

Photo Credit : WAM Emirates Global Aluminium (EGA) has announced significant early progress in restoring operations at its Al Taweelah facility, with key milestones achieved ahead of schedule following major damage caused by the March 28 attacks targeting the Khalifa Economic Zone Abu Dhabi. The incident forced an emergency shutdown of the Al Taweelah complex, […]

Economy

Abu Dhabi construction sector shifts to high-value growth as private investment rises

News Editor 01/07/2026

Photo Credit : WAM Abu Dhabi Chamber of Commerce and Industry has released a new report showing that Abu Dhabi’s construction sector is moving into a more advanced growth phase, driven by technology-led systems, stronger private sector involvement and higher-value project delivery. The report, titled Abu Dhabi’s Construction Sector, is the second sector-focused study under

Economy

ADNOC L&S Raises 2026 Outlook on Strong Shipping, Offshore Performance

News Editor 29/06/2026

Photo Credit : WAM ADNOC Logistics & Services has upgraded its full-year 2026 financial guidance, citing stronger-than-expected performance in the second quarter and continued momentum across key business segments. The Abu Dhabi-based energy logistics giant said the revised outlook reflects robust year-to-date results, particularly within its Shipping segment, where