His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has approved plans to create 178,000 jobs and aims to attract 39.3 million tourists.
Sam Bankman-Fried has been sentenced to 25 years in prison for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency exchange he founded, the last step in the former billionaire wunderkind's dramatic downfall.
Sam Bankman-Fried, the former billionaire cryptocurrency wunderkind, is set to be sentenced on Thursday over his conviction for stealing $8 billion from customers of the now-bankrupt FTX exchange he founded.
ADNOC has announced the start of crude oil production from its Belbazem offshore block, which is operated through a joint venture with China National Petroleum Corporation (CNPC), called Al Yasat Petroleum.
Shares of Donald Trump's Trump Media & Technology Group surged as much as 59 per cent on Tuesday in their Nasdaq debut, lifted by the former US president's supporters and providing him a potential windfall as he grapples with the costs of several legal cases.
A growing number of SMEs representing diverse nationalities and international markets are setting up shop in Dubai.
Boeing's CEO Dave Calhoun will step down by year-end, in a broad management shakeup brought on by the planemaker's sprawling safety crisis stemming from a January mid-air panel blowout on a 737 MAX plane.
Ethiopia aims to pass legislation to let foreigners own real estate as part of the country's broader plan to open up the economy and attract investors, Prime Minister Abiy Ahmed said on state TV.
Pilots on a Qantas Airways' flight shut down one of its two engines after an issue on approach to Perth on Monday night, but the Airbus aircraft landed safely, the airline told Reuters on Tuesday.
Chinese Commerce Minister Wang Wentao met the leaders of Apple and SK Hynix Inc, the ministry said on Saturday, ahead of major business conferences in the coming week.
The US Department of Justice and 15 states have sued Apple as the government cracks down on Big Tech, alleging the iPhone maker monopolised the smartphone market, hurt smaller rivals and drove up prices.
Japan's central bank this week raised interest rates for the first time in 17 years and scrapped its negative rates policy.
Dubai's exclusive public parking operator, Parkin, made its trading debut on the Dubai Financial Market (DFM) on Thursday.
The Central Bank of the UAE (CBUAE) has maintained the Base Rate applicable to the Overnight Deposit Facility (ODF) at 5.40 per cent.
Dubai Holding has partnered with leading global lifestyle and leisure hospitality company Ennismore to introduce its iconic Delano brand to the UAE.
Pakistan and the International Monetary Fund (IMF) on Wednesday reached a staff level agreement which, if approved by its board, will disburse $1.1 billion for the debt-ridden South Asian economy, the global lender said.
Abu Dhabi has reported a record-breaking total of AED 87.1 billion in real estate transactions for the year 2023.
Dubai's hotel room revenue surpassed AED 2 billion in January, new data from the Department of Economy and Tourism showed, marking a 16.5 per cent increase during the same period in 2023.
Pakistan's central bank on Monday held its key interest rate at 22 per cent as expected for a sixth straight policy meeting as inflation risks continued to loom.
Major real estate developers Nakheel and Meydan will now come under the portfolio of Dubai Holding.
Dubai welcomed 1.77 million international tourists in January, which was an increase of 21 per cent compared to 1.47 million visitors in the same period last year.
Italy's competition watchdog has fined three units of social media giant TikTok $10.94 million (AED 36.7 million) for inadequate checks on content potentially harmful to young or vulnerable users.
The UAE recorded government revenues of AED 155.9 billion in the fourth quarter of 2023, according to the finance ministry's preliminary data, up 9 per cent from the same period in 2022.
The UAE and Hungary have signed an economic cooperation agreement aimed at stimulating trade and investment flows in priority sectors of mutual interest.
Parkin Company's Initial Public Offering (IPO) has set an oversubscription record on the Dubai Financial Market. It was oversubscribed by 165 times with a record demand of AED 259 billion from investors.
Dubai International Financial Centre (DIFC) has announced the enactment of the world’s first Digital Assets Law to keep pace with the rapid developments in international trade and financial markets, and to provide legal certainty for investors.
In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has issued a decree to create a unified digital platform for establishing companies.
The Dubai Financial Market (DFM) general index registered exceptional performance last year, crossing the 4,000-point milestone for the first time in eight years.
Parkin' has increased its IPO shares for UAE retail investors due to high demand, with the new total at 89,964,000 shares, up from 74,970,000.
An International Monetary Fund (IMF) mission is arriving in Pakistan on Wednesday for a second and last review of a $3 billion standby arrangement, two sources said.
Indian investors topped the list of nationalities of non-UAE businesses joining the Dubai Chamber of Commerce last year.
As many as 2,692 new companies joined the Dubai Multi Commodities Centre (DMCC) in 2023 in its second-best year on record.
Expo 2020 Dubai has reaffirmed its commitment to gender equality and women’s empowerment.
Expo 2020 Dubai and the United Nations Global Compact are joining forces to hold a Sustainable Development Goals Business Forum.
More than 2,500 online travel agents, tour operators, hotel groups and airlines have signed on as Authorised Ticket Resellers (ATRs) for Expo 2020 Dubai.
A spectacular line-up of sights, sounds and tastes await visitors at Expo 2020 Dubai, through a series of specially curated itineraries.
Apple on Tuesday launched the iPhone 12 with faster 5G connectivity, which the company hopes will spur a wave of upgrades and keep its sales booming through the end of the year.