Sharjah Real Estate Sector Sets New Record with AED 9.5 Billion in November Deals

Sharjah: Sharjah’s real estate sector reached a significant milestone in November 2025, achieving a new record with transactions totaling AED 9.5 billion. This figure represents the highest monthly total ever recorded in the emirate, underscoring its robust economic growth and solidifying its position as a crucial driver of comprehensive development. According to Emirates News Agency, … Read more

RIQ and Swiss Re Collaborate on AI-Driven Reinsurance Solutions in UAE

Abu dhabi: RIQ and Swiss Re have signed a Memorandum of Understanding to advance innovative capacity solutions, risk origination opportunities, and AI-enabled capabilities across the UAE region. Headquartered in the Abu Dhabi Global Market (ADGM), RIQ is building an AI-native reinsurance platform that integrates artificial intelligence and advanced analytics to improve underwriting accuracy, capacity deployment, … Read more

Agricultural Licences Surge by 29% in Abu Dhabi as Food Security Initiatives Gain Momentum

Abu dhabi: The Abu Dhabi Registration Authority (ADRA), part of the Abu Dhabi Department of Economic Development (ADDED), has reported a significant increase in agricultural, fisheries, and livestock licences during the first nine months of 2025. This growth is attributed to the emirate’s food security strategy and increased investor interest. According to Emirates News Agency, … Read more

First UAE-Russia Business Forum Opens in Dubai, Promising New Economic Opportunities

Abu dhabi: The First UAE-Russia Business Forum, a significant event on the business calendar of both nations, commenced today in Dubai. According to Emirates News Agency, the forum is organized by the Russia-UAE Business Council (RUBC) in collaboration with the Roscongress Foundation, with support from the Ministry of Industry and Trade of the Russian Federation … Read more

YeePay Establishes Regional Headquarters in Partnership with Abu Dhabi Investment Office

Abu dhabi: The Abu Dhabi Investment Office (ADIO) and YeePay, a leading cross-border payments company, have announced their partnership in establishing YeePay’s regional headquarters and technology hub in Abu Dhabi. The new headquarters will serve the Middle East and Africa region as part of YeePay’s global expansion. According to Emirates News Agency, the announcement was … Read more

UAE-Germany Agreement Opens Horizons for Studbook of Arabian Horses Worldwide

Abu dhabi: The Emirates Arabian Horse Society (EAHS) has announced the availability of direct access to the Arabian horse studbook in the Federal Republic of Germany through its official website, expanding digital services for owners, breeders, and researchers. According to Emirates News Agency, the announcement follows a Memorandum of Understanding between EAHS and the German … Read more

UAE Cuts Benchmark Interest Rate to 3.65%

Abu dhabi: The Central Bank of the UAE (CBUAE) has decided to cut the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points, from 3.90% to 3.65%, effective from Thursday, 11 December. This move aligns with changes in monetary policy following the recent actions of the US Federal Reserve. According to … Read more