In a survey by RAKBANK in association with RFI Global, the UAE SME Confidence Index score showed 4-point drop from 61 to 57 in 2024
Latest News
Abu Dhabi
UAE homegrown chicken brand BonBird opens in Abu Dhabi
BonBird’s expansion into the UAE capital at Gardens Plaza in Khalifa City marks a major step in the brand’s growth journey
Ministry of Economy
UAE grants music management licence as streaming market tipped to hit $2.3bn
UAE issues music management licence to Music Nation as UAE strengthens copyright rules
Aviation
Emirates to resume Dubai to Damascus flights
Emirates flights from Dubai to Damascus were suspended in 2012 and resume this month
Digital Securities and Commodities
UAE calls on financial influencers to obtain licence
Securities and Commodities Authority calls on financial influencers in the UAE to obtain licence
Dubai Chamber
Dubai looks to boost economic ties to Thailand as trade soars to $6.5bn
Thai investments in Dubai reach $626m as economic ties strengthened
Dubai Bus
Eid Al Adha 2025: Dubai announces free parking and public transport timings
Dubai has announced free parking for the Eid Al Adha 2025 holidays
anti money laundering
UAE fines exchange house $953,000 over rule violations
CBUAE has issued hefty fine on exchange house over anti-money laundering and terrorism financing rule violations
Emirati
UAE announces new rules for overseas students
UAR approves criteria for students looking to study overseas as it enhances employment market readiness
saudi tax
Saudi Arabia tax fine waiver to end this month
Saudi taxpayers can avail of waiver on fines until June 30
Abu Dhabi
UAE burger brand Pickl announces new Abu Dhabi branch
The new branch, located in Abu Dhabi’s Khalifa City, marks a major milestone for Pickl
Dubai real estate market
Dubai real estate: Kamdar Developments breaks ground on 105 Residences in JVC
A 105-unit luxury residential Dubai project starting from $174,000 with completion expected in early 2027
Daman
UAE insurance giant eyes growth with expansion into $16.8bn Property and Casualty market
PureHealth’s Daman makes move into the UAE Property and Casualty insurance market
chemical distributor
Inside the $2 billion rise of Petrochem’s Yogesh Mehta – and what comes after
Petrochem founder Yogesh Mehta reflects on a life built from hardship, a company forged from belief, and the handover to a new generation. This is a story about business. But more than that – it’s a story about what it means to live well
Airbus A350-900
India’s IndiGo plans massive global push with 30 new A350s, partnerships
Also forms a partnership with the US-based Delta Air Lines, Air France-KLM and Virgin Atlantic to connect India with Europe and North America
Dubai real estate
Dubai real estate sector sets record $18.2bn sales in single month with $82m Palm Jumeirah villa leading spree
The Dubai real estate sector saw 50 per cent increase in total sales value compared to May 2024
Abu Dhabi real estate
Abu Dhabi real estate: Aldar announces $10.9bn Fahid Island development with plan for 6,000 homes
Abu Dhabi real estate developer Aldar launches massive $10.9bn Fahid Island project between Yas and Saadiyat