Abu Dhabi’s Khalifa Port is being expanded to accommodate bigger ships and more cargo. Its main channel will be deepened to 18 metres, while 600,000 square metres of space will be added for cargo handling. The project, involving some 250 workers is set for completion in mid-2018. The expansion work is crucial to supporting local industries and ensuring Abu Dhabi remains a major trade and investment hub.
TECOM Group posts strong 2025 results as revenues and profits rise
Dubai-based TECOM Group has reported a strong financial performance for 2025, driven by rising demand across its commercial, industrial and land portfolios.
Family businesses urged to rethink investment, philanthropy at Dubai summit
Family-owned businesses are being encouraged to take a more active role in shaping sustainable investment and social impact, as leaders met in Dubai to discuss how family wealth can be positioned for the future.
UAE-Vietnam CEPA enters into force
The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Vietnam has officially come into force, with an aim to "unlock investment opportunities in vital sectors such as renewable energy, technology and agriculture".
Indian rupee, stocks soar in relief rally after trade deal with US
India's financial markets rallied sharply on Tuesday after a trade deal that slashed US tariffs on Indian goods to 18 per cent from 50 per cent, a development that investors said lifts a key overhang over the country's stocks, bonds and currency.
UAE, DR Congo sign CEPA to strengthen economic partnership
The UAE and the Democratic Republic of Congo have formalised economic ties through signing a Comprehensive Economic Partnership Agreement (CEPA) on Monday that aims to reduce tariffs and eliminate trade barriers.
