Economy News
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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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COP Presidencies Troika explore in COP29 building on outcome, outputs of COP28
The COP Presidencies Troika which includes the United Arab Emirates (COP28), Azerbaijan (COP29), and Brazil (COP30), met today within the…
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AI to contribute AED367 billion to UAE’s GDP by 2030: Astra Tech
Abdallah Abu Al Sheikh, Founder of Astra Tech, and CEO of Botim, said that AI is projected to have a…
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UAE, India explore civil nuclear energy cooperation
Emirates Nuclear Energy Corporation (ENEC) and Nuclear Power Corporation of India Limited (NPCIL) have signed an agreement to exchange expertise…
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ADCB approves cash dividends of AED0.56 per share amounting to AED4.099 bn
Abu Dhabi Commercial Bank (ADCB) has approved the Board of Director’s proposal to distribute a cash dividend of AED0.56 per…
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Dubai Municipality signs MoU with Majid Al Futtaim – Retail to ensure sustainable food supply chain
Dubai Municipality has entered into a strategic partnership with Majid Al Futtaim – Retail, which holds the exclusive franchise to…
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UAE’s real GDP to grow by 5.3 percent in 2024: S&P Global
S&P Global Ratings, the world’s leading credit rating agency, expects the UAE’s real GDP to grow by 5.3 percent in…
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Emirati entities showcase large-scale product and system at UMEX and SimTEX 2024
The UMEX and SimTEX 2024, taking place at the Abu Dhabi National Exhibition Centre (ADNEC), featured pioneering technological innovations in…
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Ministry of Finance plans to issue bonds, Sukuk valued at AED5 billion in Q1 2024: Undersecretary Younis Haji Al Khoori,…
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MRO Middle East and Aircraft Interiors Middle East 2022 highlights return of robust aviation industry
MRO Middle East & Aircraft Interiors Middle East (AIME) 2022 was inaugurated today by H.H. Sheikh Ahmed bin Saeed Al…
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