The e-commerce market in the United Arab Emirates (UAE) is projected to experience significant growth, with estimates indicating it will surpass AED 48.8 billion by 2028. This growth is attributed to the increasing demand for online shopping and rapid advancements in the digital economy. In 2022, the Dubai Chamber of Commerce had predicted that the...
The Abu Dhabi Department of Economic Development (ADDED) has announced new measures designed to facilitate business expansion in the emirate. These changes allow companies registered in other UAE emirates and their free zones to establish branches in Abu Dhabi without needing to secure physical premises for the first year. This initiative applies to 1,200 economic...
Jebel Ali Free Zone (JAFZA) has entered into an agreement with the German technology group Allied Heat Exchange AG (A-HEAT) to establish the largest heat exchanger production facility in the Gulf Cooperation Council (GCC). This significant development aims to address the increasing demand for energy-efficient cooling solutions, particularly for data centers that require advanced thermal...
The Hamriyah Free Zone Authority (HFZA) and the Sharjah Airport International Free Zone (SAIF Zone) recently hosted a high-level delegation from the People’s Republic of China. This meeting aimed to explore ways to enhance bilateral economic and trade cooperation, focusing on increasing investment opportunities for Chinese businesses in the Emirate of Sharjah. During the discussions,...
The Dubai International Financial Centre (DIFC) has unveiled a new technology solution aimed at improving transparency in its real estate sector. This innovative Application Interface solution (API) is designed to allow third parties to access comprehensive data about the real estate landscape within DIFC. This initiative aligns with the Dubai Real Estate Sector Strategy 2033,...
Step Dubai 2025, the leading technology event in the MENA region, is set to take place on February 19-20, 2025. This marks the 13th edition of the event, which is organized in partnership with Dubai Internet City. The event is expected to attract more than 8,000 attendees, showcase 200 speakers, and feature a significant presence...
The Dubai International Financial Centre (DIFC) has officially launched the Dubai Financial Experts Program, aiming to nurture the next generation of Emirati leaders who will foster innovation in financial institutions across Dubai, the UAE, and globally. This program is being conducted in partnership with the Mohammed bin Rashid Center for Leadership Development (MBRCLD) and is...
The Dubai Financial Services Authority (DFSA) has announced its Business Plan for 2025-2026, aiming to solidify the Dubai International Financial Centre’s (DIFC) position as a leading global financial hub. The plan aligns with Dubai’s Economic Agenda D33, Digital Dubai, and the DIFC 2030 Strategy, focusing on regulatory excellence, innovation, and sustainable growth. The DFSA highlighted...
RAKEZ (Ras Al Khaimah Economic Zone) kicked off its Growth Series 2025 with an event titled “AI on a Budget: Affordable Tools and Smart Automation for Small Businesses.” Held at the Compass Coworking Centre, the session attracted numerous entrepreneurs eager to explore AI solutions without heavy investments. The event featured expert speakers, including Savio Tovar...
Sharjah Research, Technology and Innovation Park (SRTI Park) has signed a partnership agreement with Enterprise Ireland, the Irish Development Agency, during the Sharjah Entrepreneurship Festival. The deal was signed in the presence of Sheikha Bodour bint Sultan Al Qasimi, Chairperson of SRTI Park, and the Park’s CEO, Hussein Al Mahmoudi. Representing Ireland was Marina Donohoe,...