Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the UAE Year Of Award has been launched as a national recognition platform establishing the enduring legacy of the annual themes of the UAE Year Of initiative. The Award celebrates individuals and organisations whose contributions create tangible impact and inspire continued collective
The UAE Fuel Price Committee has approved petrol and diesel prices for August 2026, announcing limited adjustments in line with changes in global markets. The approved prices are as follows: Diesel: AED3.80 per litre. Super “98”: AED3.60 per litre. Special “95”: AED3.49 per litre. E-Plus “91”: AED3.41 per litre.
The comprehensive proactive support package to enhance the resilience of financial institutions, adopted by the Central Bank of the UAE (CBUAE) in March 2026, enabled repayment deferrals on loans totalling AED13.5 billion for affected bank customers. A total of 135,031 customers benefited from the measure, as part of the CBUAE’s prudential approach to strengthening the
Dubai recorded 12.3 million sq ft of new industrial and logistics requirements during H1 2026, up from 11.5 million sq ft during the same period last year, according to global property consultancy Knight Frank’s UAE Industrial and Logistics Market Review – H1 2026. The increase comes as the UAE’s industrial and logistics market begins to
The Sharjah Business Women Council (SBWC) has launched a one-year AED3.6 million initiative to establish 1,000 e-commerce stores for eligible members in partnership with Packman Portal LLC, aiming to help women-owned businesses expand their digital presence and reach wider markets. Each participating member will receive a fully integrated online store valued at AED3,600 annually. Every
The Sharjah Business Women Council (SBWC) has launched an initiative to establish 1,000 e-commerce stores for its eligible members in partnership with Packman Portal LLC. The one-year initiative, valued at AED 3,600,000, aims to help women-owned businesses strengthen their online presence and expand their reach to wider markets. Each participating member will receive a fully
KamelPay, a UAE-born fintech offering payroll and business payment solutions, has received Stored Value Facilities (SVF) and Retail Payment Services (RPS) licenses from the Central Bank of the UAE (CBUAE), marking a significant regulatory milestone in the company’s growth and strengthening its position within the country’s evolving digital payments landscape. The approvals place KamelPay among
