Browsing: Finance and Technology

The Ministry of Industry and Advanced Technology (MoIAT), in partnership with LuLu Retail, has launched a national initiative to promote locally made products as part of the “Make it in the Emirates” campaign. The initiative, rolled out in two phases, will first invite accredited manufacturers to participate. In the second phase, LuLu will assist manufacturers in obtaining the ‘Made in the Emirates’ quality mark.

In a significant move toward economic diversification, Abu Dhabi has introduced measures to streamline business…

The UAE has committed $200,000 in financial support to the United Nations High Commissioner for…

Gold prices in Dubai experienced their third consecutive decline this week, reflecting the impact of…

Abu Dhabi’s prominent developer Aldar has finalized the acquisition of a landmark tower in Dubai…

The Ministry of Energy and Infrastructure (MoEI) and Korea’s Ministry of Environment held the 7th Joint Operation Committee meeting on Water Resource Cooperation, focusing on sharing the latest technologies and experiences to strengthen collaboration in water management.

The UAE’s national economy continues to grow rapidly, reinforcing its position as one of the most dynamic economies regionally and globally.

Saudi Arabia set to host innovative facility as eyewa gears up for expansion. Eyewa, the…

MAICO Enterprises Inc., a prominent Japanese trade organisation, has announced the Japan Kyoto Trade Exhibition 2025, a major event aimed at strengthening trade ties between the UAE and Japan. The exhibition, which will be held annually in Dubai, seeks to drive economic growth and innovation in the region.

UAE’s net wealth reached $2.9T in 2023, according to BCG’s Global Wealth Report 2024. Financial wealth in the UAE grew by 10% between 2022 and 2023, outpacing the Middle East and Africa’s 8% growth. Globally, financial wealth increased by 7% after a 4% decline in 2022, with $92T in new wealth expected over the next five years.