Business

In a first for the UAE, the Ministry of Finance has launched the Sovereign Retail T-Sukuk Programme, giving citizens and residents access to a government-backed, Shariah-compliant investment opportunity.

Emirates Airline has introduced the world's first conflict cover for travel that includes medical reimbursement of up to $25,000, hotel stays "during airport closures" and a free trip extension of up to 30 days, offering travellers "greater peace of mind".

Dubai International Airport (DXB) is likely to make an 80-85 per cent operational recovery by the end of 2026 following the regional developments, announced CEO of Dubai Airports Paul Griffiths.

Microsoft has been sued by shareholders who accused the company of defrauding them and inflating its stock price by failing to disclose slowing growth in its Azure cloud business and the need to spend billions of dollars on AI infrastructure.

UAE climate-tech company HyveGeo has been crowned the winner of Dubai Holding's Innovate For Tomorrow Impact Accelerator, securing pilot funding and the opportunity to test its solutions within Dubai Holding's business ecosystem.

International visitors arriving in Abu Dhabi on Etihad-operated flights will receive complimentary medical travel insurance as part of a new partnership between the airline and the Department of Culture and Tourism - Abu Dhabi.

SpaceX jumped 23 per cent in its Nasdaq debut on Friday, as investors piled in to the world's largest IPO and bet on Elon Musk's sprawling empire spanning rockets, internet service and AI.

India has barred commercial fuel buyers from purchasing gasoline and diesel from retail stations and capped daily diesel purchases to prevent local shortages amid disruptions to global supply chains due to the war in the Middle East.

Authorities in Hong Kong have seized suspected counterfeit FIFA World Cup items including football jerseys and balls with an estimated value of HK$156 million ($19.91 million), officials said.

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai's Crown Prince and the UAE's Deputy Prime Minister and Defence Minister, has approved a series of initiatives aimed at accelerating artificial intelligence adoption and strengthening Dubai’s digital economy.

Emaar Properties has announced plans to unveil a major new master development in Dubai, described as its most ambitious project yet.

Emirates will roll out incentives aimed at winning back customers worried about the protracted Iran war, focusing on safety and reliable travel connections rather than lower fares, the airline's President Tim Clark told Reuters on Tuesday.

The expense eligibility on VAT refunds on the costs of constructing new homes for UAE nationals has been expanded under a new initiative by the Federal Tax Authority (FTA), with AED 25,000 set for each claim.

Shares from Swiss-incorporated companies can now be traded on Dubai Financial Market (DFM) after it has been recognised by Switzerland's Financial Market Supervisory Authority (FINMA) as a foreign trading venue.

Apple has rolled out a long-delayed overhaul of Siri on Monday, betting the upgraded assistant can help close the gap with Big Tech rivals and new-age startups in the crucial AI race.

Dubai's First-Time Home Buyer Programme has helped more than 3,200 residents purchase their first homes in the emirate since its launch in July last year.

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and the UAE's Deputy Prime Minister and Defence Minister, has commended the Dubai International Financial Centre's (DIFC) contributions to the emirate’s long-term economic growth and global competitiveness.

The Dubai World Trade Centre has posted a record profit of AED25.03 billion for 2025 - a 12 per cent year-on-year increase.

The Dubai Integrated Economic Zones (DIEZ) recorded their strongest performance on record in 2025, with non-oil trade reaching AED491 billion, according to His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence.

Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade, has concluded a visit to Belarus, where he held bilateral meetings with senior officials, including Prime Minister Alexander Turchin, Minister of Foreign Affairs Maxim Ryzhenkov, and Minister of Economy Yuri Chebotar.

The United Arab Emirates and Slovakia convened for their second Joint Economic Committee (JEC) meeting in Bratislava over the weekend, focusing on expanding trade and investment opportunities between the two nations.

OPEC+ agreed on Sunday a fourth increase in its oil output targets in as many months, OPEC said in a statement, even though the US war with Iran is still preventing several of the group's members from pumping more.

The global airline industry nearly halved its 2026 profit forecast on Sunday, citing conflict in the Middle East that has driven up fuel costs, disrupted key air corridors and exposed the fragility of a sector operating on thin margins.

The UAE has used a major international development forum in Latvia to call for stronger global cooperation on energy security, food resilience and digital infrastructure.

The UAE has been ranked as the top property investment destination amidst regional tensions, according to a new global survey commissioned by Arada.

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, has reaffirmed that strengthening the resilience of Dubai’s economy remains a key priority to keep pace with global economic trends.

AD Ports Group has acquired Corredor Logística e Infraestrutura (CLI), Brazil’s leading independent agri-bulk port terminal operator, entering the South American market with a strategically major expansion transaction.

General Mills has announced it will sell its Haagen-Dazs ice-cream shops in mainland China to an investor group that includes local tea chain operator Ningji, as part of a strategy to focus on businesses with stronger profit growth.

Dubai Taxi Company has signed a memorandum of understanding with Ajman-based AJ Industries to explore a strategic partnership aimed at expanding mobility services across the emirate.

Dubai Chambers has held a series of meetings in Ethiopia aimed at strengthening trade and investment ties between Dubai and one of Africa’s fastest-growing economies.

Dubai's Roads and Transport Authority (RTA) has collected AED 5.3 billion in digital revenue in 2025, marking a 20.6 per cent growth compared to the previous year.

The UAE economy continues its strong growth trajectory, with the country's GDP expanding by 6.2 per cent in 2025 to reach AED 1.9 trillion.

Representing UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, Minister of Foreign Trade Dr. Thani bin Ahmed Al Zeyoudi attended the Eurasia Economic Forum in Astana, Kazakhstan.

Expo 2020 Dubai has reaffirmed its commitment to gender equality and women’s empowerment.

Expo 2020 Dubai and the United Nations Global Compact are joining forces to hold a Sustainable Development Goals Business Forum.

More than 2,500 online travel agents, tour operators, hotel groups and airlines have signed on as Authorised Ticket Resellers (ATRs) for Expo 2020 Dubai.

A spectacular line-up of sights, sounds and tastes await visitors at Expo 2020 Dubai, through a series of specially curated itineraries.

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.