UAE coverage, updated daily
Thursday, August 27, 2026
News, jobs and practical guides for the United Arab Emirates
The International Monetary Fund (IMF) staff team concluded its visit to the UAE, which took place from 7th to 16th July 2026.The visit included discussions on the latest economic and financial developments, the future outlook, and the policy priorities of the relevant authorities, as well…
Tax Star, a UAE-based tax and compliance software company, has been named a pre-approved e-invoicing service provider by the UAE Ministry of Finance. The approval places Tax Star, among 42 companies nationwide cleared to help businesses meet the UAE’s new e-invoicing rules.This pre-approved status means…
Further to Emirates Telecommunications Group Company PJSC (e&) announcement on 10th July 2026 related to signing a binding agreement with Vega, an acquisition vehicle wholly owned by the Niel family group, for the sale of e&’s entire holding in Vodafone Group PLC (Vodafone); e& on…
The acquisition is through a non-cash deal with two existing shareholders
First Abu Dhabi Bank (FAB) has reinforced its position as the highest-rated banking group in the MENA region and among the highest-rated globally, with AA- or equivalent ratings and stable outlooks following the latest affirmations by Moody’s, S&P Global Ratings and Fitch Ratings.Together, these ratings…
Bank of Sharjah on Thursday announced its financial results for the six-month period ended 30 June 2026, reporting exceptional performance and reinforcing the strong momentum achieved over the last three years.The Bank recorded net profit of Dhs 362 million, up 35% from Dhs 268 million…
The United Arab Emirates has condemned in the strongest terms the renewed hostile attacks by Iran targeting the Kingdom of Bahrain, the State of Kuwait, the State of Qatar, and the Hashemite Kingdom of Jordan with missiles and drones. In a statement, the Ministry of Foreign…
A humanitarian aid flight carrying 100 tonnes of relief supplies departed Ras Al Khaimah International Airport on Friday for the Gaza Strip under Operation Chivalrous Knight 3. The aid flight, organised in cooperation between the Emirates Red Crescent (ERC), the Emirati-Palestinian Friendship Club and Dar Al…
DAMAC Properties, the largest private real estate developer in the UAE and the Middle East, has announced the launch of the sixth and final tower of Chelsea Residences by DAMAC, following the exceptional sell-out performance of the first five towers.Developed in partnership with Chelsea Football…
The United Arab Emirates has expressed its solidarity with the People’s Democratic Republic of Algeria over the victims of a fire at an orphanage east of the capital, Algiers, which resulted in a number of deaths and injuries.In a statement, the Ministry of Foreign Affairs…