Tag: UAE Business News
UAE witnessed the world’s 2nd highest hotel occupancy rate in 2020;...
The UAE's Ministry of Economy has revealed that the country's tourism sector exhibited outstanding performance in 2020 despite the effects of the COVID-19 pandemic,...
Abu Dhabi’s Mubadala eyes $20bn IPO for chipmaker GlobalFoundaries
Abu Dhabi-based investment company Mubadala is planning for a US initial public offering (IPO) of its wholly-owned chipmaker subsidiary GlobalFoundries.
Mubadala has been in initial...
Dubai real estate saw a rise in first-time buyers in Q1;...
A recent property market report published by UAE-based property services company Allsopp & Allsopp has revealed that the first quarter of 2021 saw improved...
UAE, Japan unite to explore opportunities in hydrogen development
UAE's Ministry of Energy and Infrastructure and the Japanese Ministry of Economy, Trade, and Industry have signed a virtual cooperation agreement to explore the...
Dubai introduces Middle East’s first electric firefighting truck; Second in the...
The General Directorate of Dubai Civil Defense (DCD) has launched the first electric firefighting vehicle of its kind in the Middle East, as well...
ADNOC CEO honored as Energy Executive of the Year
Leading provider of integrated news, data, analysis and research for the global energy sector, The Energy Intelligence Group has recognized Dr. Sultan Al Jaber,...
UAE’s NRTC Fresh honored as the biggest importer of fresh fruits...
One of the leading suppliers of fruits and vegetables in the region, NRTC Fresh was recognized as the biggest importer of fresh fruits and...
CBUAE to introduce new Intraday Liquidity Facility
The Central Bank of the UAE (CBUAE) is introducing an Intraday Liquidity Facility (ILF) that will enable licensed financial institutions to mitigate intraday liquidity...
