Latest articles

FAB Shareholders Approve Distribution of 74% Cash Dividends

All agenda items approved by shareholders, including distribution of cash dividend of 74 fils per share  New elected FAB board expands from 9...

Latest in AI Technology Showcased in Dubai

Google, SAP, Informatica and Cloudera are among official sponsors of Deloitte’s Experience Analytics event Deloitte launched its Middle East inaugural Experience Analytics event in Dubai...

E-dirham Government Services Revenue Reaches AED 22.11 Billion In 2019

e-dirham government services revenue exceeded AED 22 billion in 2019 More than 48 million recorded transactions in 2019 2 seconds was the average...

UNCTAD World Investment Forum 2020 to Take Place in Abu Dhabi

Abu Dhabi to host United Nations forum on investment and technology for sustainable development This December 6-10, Abu Dhabi will welcome government leaders, global CEOs...

Mobile Wallets To Become $1trn Worth Industry This Year

The global shift towards a cashless society presents a huge opportunity for mobile wallets, with millions of people using this payment method. Mobile wallets...

Dubai Prime Residential Market Soars By 22% In 2019

Over 1,454 villas and 16,522 apartments were transacted in 2019 in the overall prime residential market. Luxhabitat defines the Dubai prime residential market as...

New UBS Report Reveals Key Factors for Emerging Markets Competitiveness

UAE economy on a recovery path thanks to ongoing fiscal stimulus measures, spending related to hosting Dubai Expo 2020, rate cuts, and continuing diversification...

New Cooling Plant to Energise Metro Stations at Expo Line 2020

Work on the cooling plant progressing steadily and completing the pipeline network Emirates District Cooling (Emicool) LLC, a leading district cooling service provider in the...

Water Conservation Efforts Double in GCC due to Rising Population, Economic Growth

Region’s desalination capacity to increase by 40 per cent in next five years More than half of the world's total desalination output originates...