Business

His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai has commended the growth in foreign direct investment seen in the UAE in 2020.

A new directive has been issued in Dubai to regulate the trading of Liquefied Petroleum Gas (LPG), in order to protect the environment and society.

India's Cipla said on Saturday that its manufacturing of the COVID-19 remdesivir drug was beginning to catch up with demand after the company sought to boost production amid a massive second wave of coronavirus infections in the country.

Bitcoin popped back above $50,000 in Asian trade on Thursday, clawing back some of the 17 per cent plunge that followed Elon Musk's tweet that Tesla would stop accepting the digital tokens as payment for its cars.

Malaysia on Wednesday said the U.S. Department of Justice has returned 1.9 billion ringgit ($460.22 million) of funds recovered from assets related to sovereign fund 1Malaysia Development Berhad (1MDB).

The Danish Government has confirmed its official participation in Expo 2020 Dubai, partnering the Danish Business Council at the six-month global gathering.

From May 12, travellers flying from Abu Dhabi with Etihad Airways will be able to validate their COVID-19 travel documents before arriving at the airport.

The integrated digital business set-up platform 'Invest in Dubai' (IID) has recorded robust growth in its use, reflecting Dubai’s growing position as a leading global business destination.

Air Arabia reported a profitable first-quarter 2021 despite COVID-19's continued impact on the aviation’s industry financial and operational performance.

Mubadala Investment Company said it achieved a total comprehensive income (TCI) attributable to the owner of AED 72 billion in 2020, compared to AED 53 billion in 2019.

In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE, His Highness Sheikh Mohammed bin Rashid Al Maktoum has issued Law No. (5) of 2021 relating to Dubai International Financial Centre (DIFC).

The national carrier, Etihad, has slashed the cost of flights in its latest sale, with economy fares starting at AED 995 from Abu Dhabi to Nairobi, Casablanca and Athens.

The successful face-to-face gathering of more than 370 delegates ahead of Expo 2020 Dubai’s opening in October shows the next World Expo is set to become one of Dubai’s greatest success stories.

Dubai Airport Freezone Authority's (DAFZA) foreign non-oil trade reached more than AED 119 billion in 2020.

Arabian Travel Market (ATM) 2021 has reconfirmed that Dubai will host the world's largest in-person travel and tourism event since the onset of the COVID-19 pandemic last year.

Expo 2020 Dubai is holding its final International Participants Meeting (IPM) in preparation for the launch of the mega event.

Flydubai has announced the launch of additional routes bringing its network to more than 80 destinations.

Etihad Airways is reducing passenger flights between Abu Dhabi and Pakistan from May 4 until May 20.

The world's busiest hub for international passengers has received recognition for its health and safety measures.

The UAE has retained its position as the country with the fastest mobile network speed in the world.

DMCC welcomed 216 new businesses in April 2021, which is the highest recorded number for April in seven years.

Air Arabia is set to restart direct passenger services between Sharjah and Almaty.

Flydubai has announced its annual results amid one of the toughest years in aviation history.

Bloomberg Economics' ranking of 75 economies shows some emerging markets are out-performing others, with Gulf Cooperation Council (GCC) nations doing better than most, and the UAE taking third place.

Amazon.com Inc has reported its biggest profit ever as consumers turned to the online retailer for their shopping needs and businesses paid it more to warehouse and advertise their products.

DP World has launched a wholesale e-commerce platform to boost trade with markets around the world.

The ban on passenger flights to the UAE from India could impact traffic's recovery for a longer rather than a shorter period of time.

LinkedIn has revealed its annual list of the best companies for professionals to grow their careers and develop their skills.

Dubai International (DXB) ended the first quarter of the year on a relatively positive note, registering a gradual but steady recovery in both customer numbers and cargo volumes.

Air Arabia is set to resume direct services between Sharjah and Moscow.

One out of every 20 COVID-19 vaccine doses administered around the world has been flown on an Emirates aircraft and transited through Dubai.

The Abu Dhabi National Oil Company’s (ADNOC) Board of Directors’ Executive Committee has been reviewing its strategies.

Dubai is gearing up to host the world's largest space conference later this year.

Officials from the UAE and the European Union have held discussions on combatting money laundering and terrorist financing.

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.