Experts are optimistic about the impact of the planned Disney theme park on Abu Dhabi’s real estate market. They believe that the attraction will significantly increase demand for housing on Yas Island, leading to higher property values and rental rates for homeowners and landlords in the area. As the theme park is set to attract...
The Gulf region is emerging as a strategic hub for trade and industry, especially in the context of recent tariff changes. Its modern logistics infrastructure, extensive free trade zones, and globally connected ports make it an appealing choice for companies looking for a stable operational base. As businesses navigate the complexities of international trade, the...
AD Ports Group has announced a partnership with the Federal Youth Authority to enhance youth empowerment initiatives in the Al Dhafra Region. This collaboration aims to provide young people with access to opportunities that foster their development and engagement within the community. The initiative is part of the broader vision of the Abu Dhabi Government...
Dubai’s Emirates Airline has declared a remarkable 22-week salary bonus for its employees following the airline’s best annual profits in its history. This achievement has positioned Emirates as the world’s most profitable airline. The Emirates Group reported a record profit of AED 22.7 billion for the financial year 2024-25. This significant milestone reflects the airline’s...
His Highness Sheikh Mohamed Bin Zayed Al Nahyan, President of the UAE, congratulated His Holiness Pope Leo XIV on Thursday following his election as the new Pope of the Catholic Church. In his message, Sheikh Mohamed expressed his sincere wishes for Pope Leo XIV, stating that he hopes the new leader will be successful in...
Brad Smith, the president and vice chairman of Microsoft, expressed admiration for the artificial intelligence initiatives and applications developed in Abu Dhabi. During a recent visit, he highlighted how these efforts empower residents and contribute to the region’s technological advancement. Smith stated that the UAE’s approach to AI serves as a model for other nations,...
The Abu Dhabi Investment Office (ADIO) has announced plans to expand its operations in San Francisco to bolster the global reach of Abu Dhabi’s economic clusters. This expansion aims to enhance the city’s role as a hub for health technology, biotechnology, and venture capital. The San Francisco office will promote Abu Dhabi’s fast-track clinical validation...
The Integrated Transport Centre (Abu Dhabi Mobility), part of the Department of Municipalities and Transport, has announced a significant investment in electric vehicle infrastructure. The initiative involves appointing several operators to manage the EV charging stations through public-private partnership (PPP) contracts, which will cover the supply, installation, operation, and maintenance of these charging stations throughout...
Bahrain’s Parliament has unanimously approved a new tax targeting multinational enterprises (MNEs). This decision came during a retrospective vote on a royal decree issued by His Majesty King Hamad concerning the Domestic Minimum Top-up Tax for MNEs Law, which occurred during the National Assembly’s recess last year. Finance and National Economy Minister Shaikh Salman bin...
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi, is set to begin an official visit to the Republic of Kazakhstan on Sunday. This visit comes at the invitation of the President of Kazakhstan and underscores the strengthening ties between the two nations. Credit: Dubai Media Office During...