UAE launches dedicated website for WTO’s 13th Ministerial Conference
The United Arab Emirates (UAE) has launched a new website dedicated to the World Trade Organization’s (WTO) 13th Ministerial Conference (MC13) in Abu Dhabi as part of its role as the host country and chair. The website provides comprehensive information for delegates, government officials and stakeholders attending MC13, the global trading community and journalists seeking […]
Abu Dhabi DoH appoints SKMC as CoE for Paediatric Cardiac Surgery
The Department of Health – Abu Dhabi (DoH) announced Sheikh Khalifa Medical City (SKMC) has been designated as a Centre of Excellence (CoE) for Paediatric Cardiac Surgery (PCS). SKMC will offer complete medical care to infants and young patients with congenital heart diseases (CHD) and associated complications with comprehensive medical care, not only within the […]
US-based Joby Aviation to launch air taxi services in Dubai
Joby Aviation, a US-based company developing all-electric aircraft for commercial passenger service, has signed a definitive agreement with Dubai’s Road and Transport Authority (RTA) to launch air taxi services in the Emirate by early 2026, with Joby targeting initial operations as early as 2025. The agreement, signed at the World Governments Summit (WGS) in Dubai […]
FTA receives ISO certificate for its innovation management
The Federal Tax Authority’s (FTA) innovation management system has earned a new international accreditation, the ISO 56002:2019 certificate, confirming its success in implementing the international standard for innovation management. The award recognizes the implementation of global best practices and standards that enhance the effectiveness and efficiency of innovation management. This achievement coincides with the FTA’s […]
Abu Dhabi International Airport is now Zayed International Airport
Abu Dhabi’s international Airport is now officially Zayed International Airport in honour of the UAE’s Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan, and his legacy of connecting the UAE to the world. The renaming ceremony, attended by dignitaries and stakeholders, was led by Sheikh Mohammed bin Hamad bin Tahnoon Al Nahyan, advisor of […]
DEWA’s full-year revenue jumps 7% on water, electricity demand
Dubai utility firm DEWA has reported a 7 per cent increase in annual revenues to Dhs29.2bn ($7.95bn), driven by higher demand for energy, water and cooling services in the city. The company said the system demand for power surged to 56.5 terawatt-hours (TWh) in 2023, a 6.3 per cent increase from the 53.2 TWh a […]
Dubai PMI slows in January: Emirates NBD Research
The S&P Global PMI (Purchasing Managers’ Index) survey for Dubai slipped to 56.6 in January, exactly level with the UAE survey released earlier in the week. For Dubai, this marked a four-month low for the index as it came down from the 16-month high of 57.7 recorded at the close of 2023, but the measure […]
RAK Ceramics FY 2023 net profit up 3.7pc to $87.4m
RAK Ceramics, one of the largest ceramics lifestyle solutions providers in the world, has seen its 2023 net profit rise 3.7% to AED320.9 million, but its revenue declined 1.7% to AED3.45 billion. This was mainly due to an unfavourable market cycle, currency depreciation, and rising interest costs. The company’s fourth-quarter (Q4) revenue decreased 3.8% at […]
Dubai Chamber to back global expansion of UAE entrepreneurs
Dubai International Chamber has held a meeting with UAE entrepreneurs to showcase the chamber’s numerous bespoke programmes aimed at supporting the global expansion of UAE businesses. The meeting, which was attended by Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, introduced participants to the integrated services offered by Dubai International Chamber to support […]
DMCC sees 10pc surge in US companies in 2023
DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – successfully concluded its most recent Made for Trade Live tour of the US. It hosted events in New York, Brooklyn and Washington DC as it continues to build on growing US-UAE bilateral trade and investments. In 2023, […]