The UAE's visa amnesty program, which concluded recently, has seen a significant number of applicants opting to remain in the country. Official figures reveal that 88% of visa violators who sought amnesty have chosen to continue residing in the UAE rather...

Union Coop, the UAE’s largest consumer cooperative, has introduced a new electronic wallet feature on its Smart App and website, aiming to streamline and enhance the shopping experience for its customers. This initiative allows shoppers to create and mana...

A Memorandum of Understanding (MoU) has been signed between the Comptroller and Auditor General of India (CAG) and the Accountability Authority of the UAE, marking a significant step toward reinforcing collaboration between two Supreme Audit Institutions....

The United Arab Emirates has unveiled new initiatives aimed at aiding individuals in rectifying their visa statuses under the ongoing amnesty program. These measures, designed to assist those with overstayed visas or illegal residency, mark a significant...

The United Arab Emirates is poised to witness an unprecedented surge in international visitor spending, with expenditures expected to exceed $52 billion by the end of this year. This remarkable growth underscores the UAE's expanding role as a global touri...

CFI Financial Group, a leading online trading provider in the region, has expanded its UAE-regulated entity, CFI Financial Markets LLC (CFI UAE), into Abu Dhabi. This move reinforces the company's growing presence in the country, following a strategic app...

The Japanese yen has gained ground against the US dollar as the Bank of Japan (BOJ) signals a shift in its monetary policy, indicating the possibility of further interest rate hikes. This comes as part of an effort by the central bank to combat inflationa...

Bill Gates’ seminal essay on the dominance of content—aptly titled

Tourism in the UAE has seen a substantial boost in the first half of 2024, positioning the country as the leading destination in the Gulf Cooperation Council (GCC) region. According to recent figures, the UAE has outpaced its neighbors in attracting inter...

ACWA Power, a leading player in global energy and water desalination, is set to develop a new independent water plant in Sharjah, UAE, with an investment totaling $680 million. This major initiative marks a significant expansion of the company’s operation...

OneDegree, a pioneering force in digital asset insurance across Asia, has forged a strategic partnership with Walaa Cooperative Insurance Company, a prominent player in Saudi Arabia’s insurance and reinsurance sector. This collaboration aims to address th...

A high-level meeting between Saudi Arabia and the United States has underscored the deepening strategic partnership between the two nations, with a particular focus on the digital economy and fostering innovation. The discussions, which brought together t...

Saudi Arabia's Public Investment Fund (PIF) is poised to issue benchmark sukuk and green bonds as part of its expanded financing strategy. This move is designed to diversify its funding sources and support the country's sustainability goals. The sukuk iss...

Saudi Aramco is set to retain its 10% stake in the joint venture between Renault and Geely, underscoring its commitment to expanding partnerships in the automotive sector. The move signifies Aramco's strategic focus on strengthening its position within th...

Tata AIA Life Insurance has expanded its offerings to cater to Non-Resident Indians (NRIs) by introducing dollar-denominated life insurance policies. This new product line is available directly through the company’s website, allowing NRIs to purchase life...