Economy News
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UAE-German Business Forum convened in Abu Dhabi
The United Arab Emirates and Germany reinforced their deep-rooted economic ties today with the convening of the UAE-German Business Forum…
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Eagle Hills announces over $5.5 billion investment in Georgia
Eagle Hills has announced the signing of a Memorandum of Understanding (MOU) with the Government of Georgia to invest over…
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1500 representatives from ICAO member states to gather in Abu Dhabi in February to shape future of civil aviation
Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai,…
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ASAS launches phase two of Sajaa Industrial Lands project
ASAS Real Estate, a subsidiary of Sharjah Islamic Bank, has announced the launch of sales for phase two of the…
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Sharjah Economic Development Department evaluates ‘Ruwad’ projects
Hamad Ali Abdullah Al Mahmoud, Chairman of the Sharjah Economic Development Department (SEDD), assessed the accomplishments of the “Digital Warehouses”…
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Mohammed bin Rashid approves AED5.4 billion housing projects offering beneficiaries 3,004 new homes across Dubai
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, has approved the implementation…
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Korea’s industrial output falls for 3rd month in November
The Republic of Korea’s industrial output fell 0.4% in November from the previous month, marking a third straight month of…
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Mubadala acquires majority stakes in Global Medical Supply Chain, Al Ittihad Drug
Mubadala Investment Company has acquired an 80% stake in Global Medical Supply Chain (GMSC) and Al Ittihad Drug Store (IDS)…
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ADGM to launch Mobile App for All-In-One business, lifestyle experience
ADGM, the UAE capital’s international financial centre, in collaboration with Hub71, ADIO, Aldar Properties, The Galleria, and Numou announced the…
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DEWA generates 45.14 TWh of power in nine months
Dubai Electricity and Water Authority (DEWA) generated 45.14 terawatt hours (TWh) of power during the first 3 quarters of 2024,…
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