Uae

Miscellaneous

UAE seeks unconditional reopening of Strait of Hormuz

Fri, 01 May 2026

UAE has called for the immediate and unconditional reopening of the Strait of Hormuz, and for Iran to be held fully accountable for its unlawful obstruction of international navigation.

Energy, Oil & Gas

UAE's greater production flexibility 'benefits ADNOC’s listed companies'

Fri, 01 May 2026

For ADNOC’s portfolio of listed companies, the UAE’s decision to conclude its membership of OPEC and OPEC+ removes a constraint that has historically limited how investment in capacity translates into activity and earnings, said a WAM news agency report.

Analysis, Interviews, Opinions

UAE's greater production flexibility 'benefits ADNOC’s listed companies'

Fri, 01 May 2026

For ADNOC’s portfolio of listed companies, the UAE’s decision to conclude its membership of OPEC and OPEC+ removes a constraint that has historically limited how investment in capacity translates into activity and earnings, said a WAM news agency report.

Industry, Logistics & Shipping

UAE, South Korea unlock new opportunities as CEPA enters into force

Fri, 01 May 2026

The Comprehensive Economic Partnership Agreement (CEPA) between the United Arab Emirates and South Korea has officially entered into force, marking a significant step forward in economic relations between the two countries.

Industry, Logistics & Shipping

UAE to strengthen alternative trade corridors to protect supply chains

Thu, 09 Apr 2026

The United Arab Emirates is accelerating efforts to strengthen alternative trade corridors, improve customs systems and expand regional shipping connectivity as it works to protect supply chains and reinforce its position as a trusted global logistics hub amid continuing regional disruptions.

Finance & Capital Market

Central banks of Bahrain, UAE sign currency swap agreement

Wed, 08 Apr 2026

The Central Bank of Bahrain (CBB) and the Central Bank of the United Arab Emirates (CBUAE) have announced the establishment of a currency swap agreement between the Bahraini Dinar (BHD) and the UAE Dirham (AED) during a virtual signing ceremony.

Motoring

Choithrams teams up with Parkonic to provide streamlined parking for shoppers

Wed, 08 Apr 2026

Choithrams, a leading UAE-based retail and distribution company, has announced that it has joined hands with Parkonic, a digitally managed parking operating system, to introduce a streamlined, ticketless parking experience across selected store locations in the UAE.

Industry, Logistics & Shipping

CBB seals BD2bn currency swap deal with UAE Central Bank

Wed, 08 Apr 2026

The Central Bank of Bahrain has signed a currency swap deal with Central Bank of UAE that has a nominal value of BD2 billion (AED20 billion), with a tenor of five years. This reaffirms the duo’s shared commitment to expanding monetary co-operation as well as boosting trade and investment ties.

Construction & Real Estate

UAE authorities review progress on $1.6bn Federal Corridor project

Tue, 07 Apr 2026

The UAE authorities have announced the details of the AED6 billion ($1.63 billion) Fourth Federal Corridor project, one of the country’s flagship road projects, which will see the construction of a 68-km road, featuring 10 major intersections, 6 to 8 lanes in each direction, and 4 flyovers.

IT & Telecommunications

UAE launches world’s first commercial U6GHz network

Tue, 07 Apr 2026

The launch of the world’s first commercial upper 6GHz (U6GHz) network and ecosystem was announced at the SAMENA Council Leaders’ Summit 2026, marking the UAE’s leadership on the U6GHz front, led by the Telecommunications and Digital Government Regulatory Authority (TDRA).