UAE stocks ended Monday higher as investors prepared for the US Federal Reserve’s upcoming interest rate decision. Markets in Abu Dhabi and Dubai gained as traders watched global economic signals and new developments in the Middle East. The FTSE ADX General Index in Abu Dhabi increased by 0.173% at the close of trading. The Dubai Financial Market General Index also moved higher, rising by 0.987%. Investor focus is now on the US Federal Reserve meeting scheduled for Wednesday. Market participants expect the central bank to keep interest rates unchanged due to continued inflation concerns, changing oil prices, and global risks.…
Author: OMN AI
First Abu Dhabi Bank (FAB) is preparing a major financing plan to support Indian investors living outside India. The UAE’s largest bank plans to provide up to $1.5 billion in funding for non-resident Indians using India’s foreign currency deposit program. The move could strengthen financial ties between the UAE and India. It also comes as India works to attract more foreign currency and support its financial position. FAB is expected to focus on customers in the Middle East, especially those living in the UAE. The bank is in discussions with Indian lenders that may provide support through standby letters of…
Dubai Customs is expanding its digital services with artificial intelligence and smart technology to improve trade support and customer experiences. The authority is building a faster and more connected system to help businesses and strengthen Dubai’s role as a global trade centre. The Dubai Customs smart services programme focuses on speed, innovation and better support for customers. The initiative is part of a wider plan to create easier government services and improve the way businesses access customs solutions. Dubai Customs said its digital transformation supports the Dubai Customs Strategy 2026–2030. The strategy aims to create a complete trade support system…
Dubai’s real estate market continues to see strong interest in off-plan properties as buyers become more careful about prices, developer history and payment options. Experts say the market is moving toward a more mature stage, with buyers focusing on long-term value rather than quick gains. The Dubai off plan market remained a major part of property sales during the first months of 2026. Off-plan homes made up nearly three-quarters of all property transactions, showing continued demand from investors and end-users. Around 49,700 off-plan transactions were recorded in the first five months of 2026. This marked a 7.1 percent drop compared…
Dubai has opened a modern pet shelter in Warsan and introduced a digital adoption platform to improve animal welfare services across the emirate. The new project aims to support responsible pet ownership and provide better care for stray and loose companion animals. The new Dubai pet shelter platform is part of wider efforts to improve animal services through technology and better management systems. The facility is located at the Birds and Pets Market in Warsan and provides care, rehabilitation and adoption support for animals before they move to new homes. The shelter offers a safe space for stray and lost…
Abu Dhabi has launched a new digital mangrove observatory to improve the monitoring and management of mangrove restoration projects across the emirate. The platform is part of the Abu Dhabi Mangrove Initiative and aims to bring key environmental data into one central system. The new Abu Dhabi mangrove observatory collects information from 19 mangrove rehabilitation projects. It uses field surveys, satellite images and data from partner groups to help track progress and guide future conservation plans. The platform gives environmental teams a clearer view of mangrove growth and restoration work. It allows experts to check project results, study tree development…
UAE Airport Flight Delays affected thousands of travelers as major airports across the country experienced widespread disruptions. Flight monitoring data showed 405 delayed flights and 32 cancellations across Dubai, Abu Dhabi, and Sharjah, creating longer wait times and changes to travel schedules. The disruptions were recorded on July 25, with airline operations adjusting to manage delays across both regional and international routes. While airport operations continued, many passengers experienced schedule changes, especially those connecting through the UAE’s busiest aviation hubs. Dubai International Airport recorded the largest number of disruptions during the reporting period. The airport handled 189 delayed flights and…
Abu Dhabi Property Prices continued to increase during the year ending in June 2026, with waterfront communities recording some of the strongest gains. The latest market review shows steady demand for homes across the emirate, even as thousands of new residential units are being built for future delivery. The report found that apartment and villa prices rose in many of Abu Dhabi’s most popular neighborhoods. Premium locations continued to attract buyers, while some communities experienced slower performance as the market adjusted to changing supply levels. Apartment prices showed strong growth across several major residential districts. Yas Island and Al Reem…
The United Arab Emirates has outlined a new phase in its energy strategy by highlighting the benefits of leaving the Organization of the Petroleum Exporting Countries. The move is expected to give the country greater freedom to expand its oil sector, speed up investment, and support long-term economic growth. Officials said the decision supports the UAE’s national priorities and strengthens plans to build a more diverse economy. The strategy also aims to increase investment, improve industrial development, and create new opportunities across the energy sector. Sultan Al Jaber, the chief executive of Abu Dhabi National Oil Co., said the decision…
The UFC has confirmed that UFC 333 Abu Dhabi will take place on October 24, 2026, at Etihad Arena in Abu Dhabi. The announcement came during the latest UFC Fight Night event in the UAE, giving fans an early look at one of the promotion’s biggest cards of the year. The event will mark another major milestone for Abu Dhabi. The city has become one of the UFC’s most trusted international hosts. Fans from around the world are expected to travel to the UAE for the numbered event, which is known for featuring top-ranked fighters and championship contests. A numbered…