UAE Consumers Archives
Veritas Survey finds more than half of UAE consumers say they would stop buying from companies wilfully causing environmental damage by failing to control how much unneeded data they are storing.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Arabian Post
an hour ago
- Arabian Post
UAE Pushes for Trade Deal to Counteract U.S. Metal Tariffs
Arabian Post Staff -Dubai The United Arab Emirates and the United States are preparing to initiate negotiations for a potential bilateral trade agreement aimed at reducing or eliminating tariffs imposed during President Donald Trump's administration on UAE steel and aluminium exports. These tariffs include a baseline 10% duty and a specific 25% tariff on steel and aluminium—which the Trump administration plans to double to 50%. The UAE, whose steel and aluminium are significant non-oil exports and accounted for 8% of U.S. steel and aluminium consumption in 2024, is looking to leverage its history of swiftly concluded trade deals with nations such as India, Turkey, and Australia. While the U.S. may pursue a limited agreement rather than a full free trade pact, it is expected to be labeled a Comprehensive Economic Partnership Agreement , consistent with the UAE's past trade deals. ADVERTISEMENT The UAE, Washington's largest trade partner in the Middle East with $34.4 billion in bilateral trade in 2024, is also a major U.S. investor and security ally, hosting American troops and planning $1.4 trillion in future U.S. investments. Both sides reportedly responded positively to the idea during Trump's recent visit to Abu Dhabi, though a timeline for formal talks remains unclear. The Trump administration's decision to double tariffs on imported steel and aluminium to 50% took effect on June 4, 2025, impacting nearly all trading partners except the United Kingdom, which has a preliminary trade agreement with the U.S. The policy significantly affects major U.S. trading partners like Canada and Mexico, with Canada being the leading exporter of aluminium to the U.S. and both countries ranking high in steel exports. UAE-based steel producers expect to escape major impact from the latest move by the U.S. to double tariffs on steel imports. The new tariffs apply to all trading partners except the UK, which struck a preliminary trade agreement with the U.S. last month. However, steel manufacturers in the UAE don't anticipate a hard hit. The U.S. decision to double steel import tariffs 'may have an indirect effect on market dynamics but is not expected to materially impact Emsteel's business,' said Michael Rion, chief commercial officer at Emirates Steel, part of Abu Dhabi-listed Emsteel Group. The company has a 'modest exposure' to the U.S. market, with exports accounting for less than 2% of total annual sales. The UAE's push for a trade agreement with the U.S. is part of its broader strategy to mitigate the impact of increased tariffs and strengthen economic ties. The potential agreement, discussed during President Trump's visit to Abu Dhabi, seeks to address the challenges posed by the new tariffs and reinforce the economic partnership between the two nations.
Zawya
an hour ago
- Zawya
Air Arabia Abu Dhabi takes off to Almaty
Air Arabia Abu Dhabi, the capital's first low-cost carrier, has launched its inaugural flight between Abu Dhabi and Almaty, Kazakhstan. Starting from June 3 with a frequency of three weekly flights, the new route underscores the airline's continued commitment to enhancing connectivity between the UAE Central Asia. The flights will be operated on Tuesday, Friday and Sunday. 'We are pleased to inaugurate our non-stop service between Abu Dhabi and Almaty, a route that underscores our commitment to expanding affordable travel options across key international destinations directly from the UAE capital,' said Adel Al Ali, Group Chief Executive Officer of Air Arabia. 'This launch offers passengers the opportunity to explore the rich cultural heritage and natural beauty of one of Central Asia's most vibrant cities, while also providing travellers from Kazakhstan with seamless access to the dynamic capital of the UAE.' Elena Sorlini, Managing Director and Chief Executive Officer at Abu Dhabi Airports, said: " The launch of Air Arabia Abu Dhabi's direct service to Almaty marks a valuable addition to our growing network at Zayed International Airport. This new connection enhances travel options for our passengers and reflects our ongoing efforts to strengthen Abu Dhabi's position as a key global hub. We look forward to seeing the positive impact this route will have in promoting tourism, cultural exchange, and economic collaboration between the UAE and Kazakhstan.' This new route further strengthens Air Arabia Abu Dhabi's expanding network, reinforcing its commitment to delivering value-driven connectivity across key global markets. Air Arabia Abu Dhabi operates a modern fleet of Airbus A320 aircraft, the most modern and best-selling single aisle aircraft in the world. Offering passengers, a value-added onboard experience, the aircraft is equipped with 'SkyTime', a free in-flight streaming, and 'SkyCafe' an onboard catering service at affordable prices. In addition, Air Arabia offers 'Air Rewards' an innovative and generous loyalty program through which passengers can earn, transfer, and spend points. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Zawya
an hour ago
- Zawya
Alef breaks ground on $299mln landmark Sharjah development
UAE - Alef, a leading real estate developer in Sharjah, has officially broken ground on Al Mamsha Raseel, the third zone of its landmark 'Al Mamsha' development located in Muwaileh. Valued at AED 1.1 billion ($299.4 million), the project is expected to be completed by December 2028. Al Mamsha Raseel will offer 2,210 modern residential units, ranging from one- to three-bedroom apartments, each with private balconies. The development will also feature lush green spaces, water features and interactive fountains, all designed to deliver a fully integrated living experience that prioritises quality of life and aligns with Sharjah's progressive urban vision, it stated. The ground-breaking ceremony was attended by Alef officials, representatives from CC7, the contracting company, as well as representatives from the design and engineering teams. The event reflected the company's ongoing commitment to excellence and quality across every stage of the development. Announcing the launch, Alef said the Al Mamsha Raseel project is a strategic step in its journey to redefine the concept of residential communities in Sharjah. The project focuses on developing an urban environment that prioritises human well-being and integrates quality of life, sustainability, and urban innovation, it stated. Al Mamsha is Sharjah's first fully walkable community, designed to offer a safe, pedestrian-friendly environment that adheres to the highest standards of sustainability and urban planning. The addition of Al Mamsha Raseel reinforces Alef's commitment to creating high-quality living spaces that meet the evolving aspirations of residents and investors alike, it added. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
