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The Mohammed bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME), part of the Dubai Department of Economy and Tourism (DET), achieved significant milestones in 2024, reinforcing Dubai’s role as a global hub for entrepreneurial growth.

According to the WTO’s “World Trade Outlook and Statistics” report, the UAE’s total foreign trade reached AED 5.23T (AED 5,230B) in 2024—marking a 49% increase from AED 3.5T (AED 3,500B) in 2021. This significant growth underscores the UAE’s strategic economic vision, cementing its role as the leading trade hub in the Middle East and Africa since 2014 and maintaining its place among the top 20 global trade centres.

Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, emphasised that the UAE, under the guidance of its visionary leadership, continues to uphold its strong standing on the international trade stage. This assertion aligns with findings from the latest World Trade Organisation (WTO) publication, World Trade Outlook and Statistics.

As part of its ongoing commitment to advancing the real estate ecosystem and fostering innovation and collaboration among sector stakeholders,

The United Arab Emirates, through the General Civil Aviation Authority (GCAA), has initialled a Record of Discussions with the Republic of South Africa.

Dubai’s property market reached unprecedented heights in Q1 2025, recording 45,474 transactions valued at AED 142.7 billion, according to Property Finder’s latest Q1 Insights report. This represents a 22 per cent increase in transaction volume and a 30 per cent surge in value compared to the same period in 2024.

Emirates SkyCargo, in partnership with Allied Transport Company, is set to integrate hydrogen-powered trucks into its existing fleet. These vehicles, currently under production, are scheduled to be introduced by the first quarter of 2026.

The Abu Dhabi Investment Office (ADIO) and the Department of Health – Abu Dhabi (DoH), the emirate’s healthcare regulator, have formalised a strategic partnership with Hub71, the capital’s global tech ecosystem. The initiative aims to attract international venture capital (VC) and accelerate the development of HealthTech and life sciences startups within the newly established Health, Endurance, Longevity, and Medicine (HELM) cluster.

Abu Dhabi Global Market (ADGM), the UAE capital’s international financial centre, has officially introduced the ‘Virtual Sell and Purchase’ service – a pioneering solution in the real estate domain. This innovative offering enables buyers, sellers, and their respective banks to carry out several stages of property transactions entirely through digital channels.

Mubadala is set to become part of a consortium led by investment firm EQT, which also includes Neuberger Berman, the Canada Pension Plan Investment Board, Corporación Financiera Alba, S.A., and Dubai Holding.