Abu Dhabi has launched a temporary initiative to waive late renewal fees for businesses with long-lapsed licences. The program allows companies whose licences have been inactive for over three years to renew without paying additional charges. The move aims to support regulatory compliance and improve the investment climate in the emirate. Business leaders welcome the initiative as it provides an opportunity to reactivate operations without facing financial penalties. Many small and medium-sized enterprises (SMEs) with paused activities can now resume operations and contribute to the local economy. The measure also helps maintain accurate business records and regulatory data. Officials say…
Author: Andrew Rogers
Andrew Rogers
Andrew Rogers is a freelance journalist based in the USA, with over 10 years of experience covering Politics, World Affairs, Business, Health, Technology, Finance, Lifestyle, and Culture. He earned his degree in Journalism from the University of Florida. Throughout his career, he has contributed to outlets such as The New York Times, CNN, and Reuters. Known for his clear reporting and in-depth analysis, Andrew delivers accurate and timely news that keeps readers informed on both national and international developments.
The Central Bank of the United Arab Emirates has reduced its base interest rate to 3.90%, the lowest level seen since 2022. This decision aims to support economic growth and make borrowing cheaper for both consumers and businesses. Experts say the move will encourage spending and investment across the UAE, potentially boosting sectors such as real estate, retail, and manufacturing. Lower interest rates typically make loans more affordable, helping households manage debt and supporting companies in financing new projects. Analysts note that the UAE’s rate cut aligns with global trends. Several major economies have recently eased rates to counter slowing…
Sharjah’s economy has recorded strong growth of 8.4% in 2025, driven by robust performance in the real estate and transport sectors. Analysts say the increase reflects the emirate’s expanding business activities and strategic economic planning. Real estate remains a key contributor, with new developments, residential projects, and commercial properties fueling demand. Investors continue to show confidence in Sharjah’s property market, attracted by competitive prices and regulatory support. The transport sector has also been a major driver, benefiting from increased trade and logistics activities. Sharjah’s ports and logistics hubs are handling higher cargo volumes, helping businesses move goods efficiently across the…
The United Arab Emirates is taking a decisive step toward global tech leadership with the Stargate AI campus. The first 200 megawatts (MW) of its planned 5‑gigawatt (GW) capacity are expected to become operational in 2026. Led by Abu Dhabi‑based AI firm G42, this project is part of a broader strategy to become a global leader in artificial intelligence. Major tech players—OpenAI, Oracle, NVIDIA, Cisco, and SoftBank—are collaborating with G42 on this venture. Stargate UAE is being built under the UAE–U.S. AI Campus program in Abu Dhabi. The full campus will span 10 square miles and deliver up to 5 GW…
The United Arab Emirates is preparing to send its 21st humanitarian ship to Gaza, delivering essential aid amid a global peace initiative. This mission highlights the UAE’s sustained commitment to providing relief in crisis-affected areas. The ship will carry critical supplies, including food, medical equipment, and essential resources for families and communities in need. Officials emphasize that the UAE remains dedicated to supporting humanitarian efforts in Gaza, even as challenges persist in the region. This 21st mission builds on a long-standing UAE tradition of relief operations. Previous shipments have delivered thousands of tons of aid, addressing urgent needs and supporting…
The UAE economy is set to expand at a faster pace in 2025, with the Central Bank raising its GDP growth forecast to 4.9%. This marks an increase from the previous estimate of 4.4% and reflects the combined strength of higher oil production and a resilient non-oil sector. Oil output has been a key driver behind this upward revision. Global energy demand remains strong, and the UAE has strategically increased production to meet market needs. Analysts say this boost in oil activity will support government revenue and contribute to overall economic stability. Beyond the energy sector, the UAE’s non-oil economy…
Abu Dhabi’s business landscape is experiencing a major boost, with the city’s financial and commercial hub reporting a 42% increase in active companies compared to last year. This surge highlights the emirate’s growing appeal as a center for innovation, trade, and investment in the region. Experts attribute this remarkable growth to a combination of strong government support, modern infrastructure, and a diversified economy. Key sectors fueling the expansion include finance, technology, and professional services, which continue to attract both local and international businesses. The finance sector has seen significant developments, driven by the introduction of new investment opportunities, fintech innovations,…
Abu Dhabi has revealed a bold plan to become the world’s first AI-native government by 2027. The initiative aims to transform public services using advanced technology to improve efficiency and citizen engagement. The strategy focuses on full cloud adoption across all government departments. This step is expected to streamline operations, reduce costs, and create a more agile administration. Officials said that by leveraging cloud technology, the government can scale services faster and respond more effectively to citizens’ needs. In addition to cloud adoption, Abu Dhabi plans to implement over 200 AI solutions across various sectors. These technologies will cover areas…
Abu Dhabi has launched a new cultural tourism campaign aimed at showcasing the emirate’s rich heritage, modern attractions, and diverse experiences to international visitors. Authorities stated that the initiative is designed to strengthen the tourism sector, highlight Abu Dhabi as a global destination, and boost economic growth. Analysts noted that the campaign reflects the emirate’s commitment to cultural preservation while embracing innovation and international engagement. Officials explained that the campaign will focus on promoting Abu Dhabi’s museums, heritage sites, cultural events, and contemporary attractions. Authorities emphasized that this strategy provides a comprehensive view of the emirate, from historic landmarks to…
The United Arab Emirates has taken a significant step to strengthen its artificial intelligence ecosystem with high-level discussions between President Sheikh Mohammed bin Zayed Al Nahyan and OpenAI CEO Sam Altman in Abu Dhabi. Authorities said the meeting focused on advancing AI research, exploring practical applications, and fostering global partnerships to position the UAE as a leader in AI innovation. Analysts said that this collaboration reflects the country’s proactive approach to building a comprehensive, future-ready technology ecosystem. Officials explained that the discussions included areas such as AI development for government services, healthcare, education, and smart city initiatives. Authorities emphasized that…
