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UAE Moments
2 days ago
- Business
- UAE Moments
UAE's Growth: Economy, Culture, Sustainability & Innovation
The United Arab Emirates: A Comprehensive Insight into Progress, Culture, and Economy Introduction to the United Arab Emirates The United Arab Emirates (UAE) is a modern nation recognized globally for its remarkable advancements in technology, architecture, and economic development. Situated in the southeastern corner of the Arabian Peninsula, the UAE comprises seven emirates: Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al Quwain, Fujairah, and Ras Al Khaimah. Since its formation in 1971, the UAE has transformed from a desert economy reliant on pearl fishing into a global hub for trade, tourism, finance, and innovation. With a strategic location connecting Asia, Europe, and Africa, the UAE serves as a focal point for international businesses and cultural diversity. The blend of traditional Arab heritage and futuristic modernization makes it one of the most intriguing destinations for tourists, investors, and expatriates. Through strategic planning and visionary leadership, the UAE has established itself as a powerhouse in the Middle East and beyond. A Thriving Economy Built on Oil, Trade, and Diversification The Role of Oil in UAE's Economic Beginnings The foundation of the UAE's economic development began with the discovery of oil in the region. Oil exports led to a rapid influx of wealth, allowing the country to invest heavily in infrastructure and public services during the 1970s and 1980s. Abu Dhabi, which holds the majority of the UAE's oil resources, became the primary financial contributor to the federation's prosperity. However, while oil revenues played a significant role in the initial phase of development, the UAE understood that reliance on a single resource posed risks to long-term stability. This insight led to a concentrated effort to shift the economy towards diversification. Today, oil contributes less than 30% of its GDP, showcasing the success of its strategic planning. Economic Diversification and Innovation To reduce dependence on oil, the UAE has invested heavily in industries such as tourism, technology, real estate, aviation, and renewable energy. Dubai, often regarded as the face of UAE's economic success, has become a global hub for trade and tourism. Attractions such as the Burj Khalifa, Palm Jumeirah, and events like the Dubai Expo highlight its ability to attract visitors and investors from all over the world. Real-world examples include Dubai International Airport, which consistently ranks among the busiest airports globally, showcasing the UAE's importance in global connectivity. Another instance of innovation is Masdar City in Abu Dhabi, an urban development focused on sustainability and renewable energy, supporting the UAE's vision for a green future. Statistical Insights into UAE's Economy According to data from the World Bank, the UAE's GDP reached approximately $421 billion in 2022, reflecting its impressive economic growth. Non-oil sectors account for over 70% of this GDP, indicating the effectiveness of its diversification policies. Additionally, international trade amounts to nearly $600 billion annually, positioning the UAE as the Middle East's trade capital. The UAE has also ranked among the top 10 countries globally for ease of doing business, with various free zones like Jebel Ali Free Zone (JAFZA) and Dubai Airport Free Zone providing incentives for international companies. Such initiatives have driven the UAE to become a preferred destination for global investors. Culture: A Unique Blend of Tradition and Modernity The Heritage of the UAE and Preservation of Arab Identity Despite its rapid modernization, the UAE prides itself on maintaining its Arab roots and heritage. Traditional values of hospitality, family, and respect still dominate everyday life. Cultural landmarks such as the Sheikh Zayed Grand Mosque in Abu Dhabi serve as symbols of both religious devotion and architectural genius. Festivals like Eid Al Fitr, Eid Al Adha, and National Day highlight the UAE's rich cultural traditions. These events are celebrated with grandeur and serve as moments where residents, expatriates, and tourists come together to appreciate the Emirati way of life. Integration of Global Customs and Diversity The UAE is home to over 200 nationalities, making it one of the most multicultural nations globally. The Emirati people have embraced diversity by integrating various cuisines, languages, and customs into their culture. For example, Dubai hosts the Dubai Shopping Festival, an event that attracts international participants and showcases a blend of global traditions. Cultural exchange is evident in the UAE's educational institutions as well, where schools offer curricula from countries such as the United Kingdom, United States, India, and more. Expatriates find comfort in the UAE's inclusive laws, while Emiratis retain their heritage, creating a harmonious society. Sustainable Urban Development and Architecture Modern Architectural Wonders The UAE has become synonymous with groundbreaking architectural achievements. From the tallest tower in the world, Burj Khalifa, to the artificial islands of Palm Jumeirah, the country's innovative spirit knows no bounds. The Louvre Abu Dhabi offers another example of architectural ingenuity, combining traditional Arab designs with modern aesthetics. Such projects have not only captivated the world's attention but have also driven economic growth by attracting millions of tourists annually. For example, statistics show that Dubai received nearly 16 million visitors in 2022, making it one of the most visited cities globally. Sustainable Development Projects The UAE has also taken a leadership role in promoting sustainable urban development. Masdar City serves as a shining example, with its focus on sustainability, renewable energy, and zero-carbon living. Additionally, projects like the Dubai Clean Energy Strategy aim to make renewable energy account for 75% of Dubai's power by 2050. Alongside these initiatives, the UAE has launched programs like the Green Economy Initiative and UAE Energy Strategy 2050 to reduce carbon emissions, ensuring modernity does not come at the cost of environmental degradation. Tourism: A Pillar of UAE's Diversified Economy Global Attractions and Events Tourism is one of the fastest-growing sectors in the UAE, contributing significantly to the nation's economy. Landmarks such as the Burj Al Arab, Dubai Frame, and Abu Dhabi's Emirates Palace are magnets for travelers worldwide. Events like the Dubai Expo and the Abu Dhabi Grand Prix further diversify the types of tourists visiting the country. Research conducted by Dubai Tourism reveals that the emirate aims to attract 25 million visitors by 2025. This ambitious target reflects the success of various tourism strategies, including hosting cultural festivals, music events, and exhibitions. Artificial islands and luxury resorts have also contributed to strengthening the UAE's reputation as a world-class tourist destination. The Rise of Eco-Tourism Eco-tourism is emerging as a popular trend in the UAE, thanks to initiatives such as the Al Marmoom Desert Conservation Reserve and Jubail Mangrove Park. These destinations allow visitors to connect with nature while learning about the UAE's environmental conservation efforts. Furthermore, wildlife sanctuaries like Sir Bani Yas Island offer a haven for endangered species, turning the UAE into more than just a destination for opulence—it's also a place for ecological exploration. Education and Technological Innovations Advancements in UAE's Educational Sector The UAE prioritizes education as a cornerstone for future development. State-of-the-art schools and universities, such as Zayed University and NYU Abu Dhabi, reflect the country's commitment to raising globally competitive professionals. Education reforms have introduced technology-driven curricula to ensure students are prepared for the digital age. For example, the UAE Ministry of Education's Smart Learning Program has integrated advanced technologies like Artificial Intelligence (AI) into classrooms, offering new opportunities for teaching and learning. The UAE as a Regional Technology Leader The UAE has emerged as a hub for technological innovations. Startups specializing in technology reside in zones like Dubai Internet City, supported by government funding and incubator programs. The UAE is also pushing boundaries in AI through high-profile projects such as employing AI for healthcare diagnostics and smart city developments. Additionally, Emirates Mars Mission—the UAE's space exploration venture—highlights its foray into advanced sciences, making it the first Arab nation to reach Mars. Such initiatives solidify the UAE's position as a leader in modern innovation. Business Environment and Opportunities A Magnet for Global Investors The UAE provides an investor-friendly business ecosystem backed by free zones, tax exemptions, and modern infrastructure. JAFZA alone has over 8,000 companies across industries, ranging from logistics to advanced manufacturing. Moreover, UAE's robust banking system and strong rule of law make it an attractive destination for businesses seeking stability in the Middle East. Major corporations, such as Amazon, Google, and Microsoft, have established offices in the UAE, capitalizing on its strategic location and advanced digital infrastructure. Support for Startups and Entrepreneurs Initiatives like Dubai Future Accelerators and Sharjah Entrepreneurship Festival encourage global startups to operate in the UAE. Emirati youth are also displaying a growing interest in entrepreneurship, supported by programs such as Khalifa Fund for Enterprise Development, which offers grants and mentorship. Statistics show that SMEs (Small and Medium Enterprises) contribute over 53% to the UAE's GDP, emphasizing the country's commitment to fostering innovation and growth. UAE's Vision for the Future The UAE has set ambitious goals under Vision 2021 and Vision 2030 frameworks, which emphasize sustainability, innovation, and diversification. Projects like the Dubai Clean Energy Strategy align with these goals, with a focus on shifting away from fossil fuels. Additionally, the upcoming COP28 conference, to be hosted in the UAE, exemplifies the country's leadership in tackling global environmental challenges. Global Collaborations and Partnerships The UAE continues to strengthen its international relations through partnerships with major economies like the United States, China, and India. Collaborative efforts in sectors such as energy, education, and defense underscore the country's importance on the global stage. Its active participation in organizations like the International Renewable Energy Agency (IRENA) further showcases the UAE's role in shaping the future of sustainable development worldwide.
Khaleej Times
4 days ago
- Climate
- Khaleej Times
UAE authority shares 5 tips for car safety amid scorching summer heat
As summer in the UAE reaches its peak, with humidity levels surging and temperatures soaring well beyond 40°C, safety concerns become increasingly pressing. The extreme heat poses risks not only to public health but also to vehicles, infrastructure, and daily routines—prompting residents and authorities alike to take extra precautions during the hottest months of the year. The country is currently experiencing the peak of extreme summer heat across the Arabian Peninsula, a period that lasts until August 10. To alleviate these safety concerns, the UAE Ministry of Interior has shared some tips for the public to keep in mind for their safety: 1. Kids alone in cars Over and over again, UAE authorities warn residents against leaving their children alone in the car for any reason. Kids can turn the car off when left alone, putting them at risk of fainting and suffocating. On Friday, Abu Dhabi Civil Defence Authority shared a simulated scenario to highlight the underlying risks. In the clip, a father tells his child he'll be gone briefly while he runs into the supermarket, leaving the boy alone in the vehicle. After the father steps away, the child climbs into the driver's seat and accidentally turns off the engine, shutting down the air conditioning. As time goes by while the father is away and amid the heat, the boy starts to sweat and later faints. Take a look at the video: خطÙ�رة ذرÙ� اÙ�أطÙ�اÙ� Ù�Ù� اÙ�Ù�رÙ�باذ عÙ�د ارذÙ�اع درجاذ اÙ�Øرارة The danger of leaving children in vehicles during high temperatures @moiuae @ADPoliceHQ #صÙ�Ù�_بأÙ�اÙ� — Ù�Ù�ئة أبÙ�ظبÙ� Ù�Ù�دÙ�اع اÙ�Ù�دÙ�Ù� (@CivilDefenceAD) July 25, 2025 2. Parked cars in running mode Leaving the vehicle running and parked for long periods of time in very hot weather poses several serious risks, as it can cause the engine to overheat, especially if the cooling system is not in top condition. 3. Incense burners The Ministry of Interior warned the public against using incense burners in vehicles. Some of these burners operate using charcoal or heat sources, which can easily ignite nearby flammable materials such as tissues, plastic, or car dashboard materials). 4. Perfumes, cans Motorists are advised to make sure their cars do not contain perfumes, pressurised containers, sanitisers, and lighters. Perfume bottles, aerosol sprays, disinfectant sprays, and even car fresheners are stored under pressure. So in intense hear, their internal pressure increases, causing cans or bottles to explode, which can potentially shatter windows, cause burns or start fires. 5. First aid Having a first aid kit and a fire extinguisher inside the car is of paramount importance all year long, but this simple precaution becomes more and more important in summer due to the increased risk of heat-related emergencies, fires, and accidents.
Khaleej Times
21-07-2025
- Politics
- Khaleej Times
Fears of escalation after Israel hits Houthi-held Yemen port
Israel pounded Yemen's Houthi-held port of Hodeida with air strikes on Monday for the second time in a month, stoking fears of escalation as it warned Yemen could face the same fate as Iran. Houthi-controlled areas of Yemen have come under repeated Israeli strikes since the Iran-backed rebels began launching missile and drone attacks on Israel, declaring they act in solidarity with Palestinians over the Gaza war. In its latest raids, Defence Minister Israel Katz said Israel struck "targets of the Houthi terror regime at the port of Hodeida" and aimed to prevent any attempt to restore infrastructure previously hit. The renewed strikes on Yemen are part of a year-long Israeli bombing campaign against the Houthis, but the latest threats have raised fears of a wider conflict in the poverty-stricken Arabian Peninsula country. "Yemen's fate will be the same as Tehran's," Katz said. His warning was a reference to the wave of suprise strikes Israel launched on Iran on June 13, targeting key military and nuclear facilities. During the 12-day war, the United States carried out its own attacks on Iran's nuclear programme on June 22, striking facilities at Fordo, Isfahan and Natanz. A Gulf official told AFP there were "serious concerns in Riyadh... that the Israeli strikes on the Houthis could turn into a large, sustained campaign to oust the movement's leaders". Any Israeli escalation could "plunge the region into utter chaos", said the official, requesting anonymity because he cannot brief the media. 'Heavy equipment' The Houthis' Al Masirah television reported "a series of Israeli air strikes on the Hodeida port". A Houthi security official, requesting anonymity to discuss sensitive matters, told AFP that "the bombing destroyed the port's dock, which had been rebuilt following previous strikes". On July 7, Israeli strikes hit Hodeida and two nearby locations on the coast, with targets including the Galaxy Leader cargo ship, captured in November 2023, which the Israelis said had been outfitted with a radar system to track shipping in the Red Sea. A Yemeni port employee in Hodeida said the strikes targeted "heavy equipment brought in for construction and repair work after Israeli airstrikes on July 7... and areas around the port and fishing boats". An Israeli military statement said that the targets included "engineering vehicles... fuel containers, naval vessels used for military activities" against Israel and "additional terror infrastructure used by the Houthi terrorist regime". It said the port had been used to transfer weapons from Iran, which were then used by the Houthi rebels against Israel. The statement added that Israel had identified efforts by the Iran-backed rebels to "re-establish terrorist infrastructure at the port". The Houthis recently resumed deadly attacks in the Red Sea and Gulf of Aden, targeting ships they accuse of having links to Israel.
France 24
21-07-2025
- Politics
- France 24
Fears of escalation after Israel hits Huthi-held Yemen port
Huthi-controlled areas of Yemen have come under repeated Israeli strikes since the Iran-backed rebels began launching missile and drone attacks on Israel, declaring they act in solidarity with Palestinians over the Gaza war. In its latest raids, Defence Minister Israel Katz said Israel struck "targets of the Huthi terror regime at the port of Hodeida" and aimed to prevent any attempt to restore infrastructure previously hit. The renewed strikes on Yemen are part of a year-long Israeli bombing campaign against the Huthis, but the latest threats have raised fears of a wider conflict in the poverty-stricken Arabian Peninsula country. "Yemen's fate will be the same as Tehran's," Katz said. His warning was a reference to the wave of suprise strikes Israel launched on Iran on June 13, targeting key military and nuclear facilities. During the 12-day war, the United States carried out its own attacks on Iran's nuclear programme on June 22, striking facilities at Fordo, Isfahan and Natanz. A Gulf official told AFP there were "serious concerns in Riyadh... that the Israeli strikes on the Huthis could turn into a large, sustained campaign to oust the movement's leaders". The Huthis withstood more a decade of war against a well-armed, Saudi-led international coalition, though fighting has died down in the past few years. Any Israeli escalation could "plunge the region into utter chaos", said the official, requesting anonymity because he cannot brief the media. 'Heavy equipment' The Huthis' Al-Masirah television reported "a series of Israeli air strikes on the Hodeida port". A Huthi security official, requesting anonymity to discuss sensitive matters, told AFP that "the bombing destroyed the port's dock, which had been rebuilt following previous strikes." On July 7, Israeli strikes hit Hodeida and two nearby locations on the coast, with targets including the Galaxy Leader cargo ship, captured in November 2023, which the Israelis said had been outfitted with a radar system to track shipping in the Red Sea. A Yemeni port employee in Hodeida said the strikes targeted "heavy equipment brought in for construction and repair work after Israeli airstrikes on July 7... and areas around the port and fishing boats". An Israeli military statement said that the targets included "engineering vehicles... fuel containers, naval vessels used for military activities" against Israel and "additional terror infrastructure used by the Huthi terrorist regime". It said the port had been used to transfer weapons from Iran, which were then used by the Huthi rebels against Israel. The statement added that Israel had identified efforts by the Iran-backed rebels to "re-establish terrorist infrastructure at the port". The Huthis recently resumed deadly attacks in the Red Sea and Gulf of Aden, targeting ships they accuse of having links to Israel. © 2025 AFP
Khaleej Times
18-07-2025
- Business
- Khaleej Times
UAE's perfume industry to hit $1.7 billion by 2033
The UAE — long recognised as a hub of perfumery in the Arab world — is poised to elevate its olfactory legacy to new heights. According to a recent report by a global management consulting firm, the UAE perfume market is expected to surge from $748.9 million (Dh2.75 billion) in 2024 to $1.72 billion (Dh6.3 billion) by 2033, at a compound annual growth rate of 9.22 per cent. IMARC Group noted this robust growth is being driven by a confluence of factors: 'The enduring popularity of oriental fragrances, a digitally savvy new generation of consumers, luxury tourism, and an increasing focus on sustainability and innovation.' But as the UAE's perfume sector strides towards a billion-dollar future, it remains grounded in the elements that first set it apart: craftsmanship, storytelling, and an unmatched sense of scent. With Dubai continuing to evolve as a global luxury capital, fragrance has become a vital expression of identity, culture, and status. 'While international brands have firmly established their presence in the Arabian Peninsula starting with the UAE, traditional oriental fragrances continue to be the heart of the region's olfactory identity — highly sought after not only by locals but also by Western consumers,' said Abdulla Ajmal, CEO of Ajmal Group. From its humble roots, beginning with Dh25 and the vision of late founder Haji Ajmal Ali, Ajmal Perfumes has grown into a regional empire and global player. The company opened its first Dubai store in 1976 and continues to innovate while holding fast to its heritage. 'The future of fragrance retail lies in balance. While nothing will ever fully replace the sensory richness of walking into our perfume stores, convenience-first consumers are rewriting how luxury is accessed,' said Ajmal, the founder's grandson. 'Digital innovation, personalised experiences, and strategic sampling have redefined how people explore and purchase perfumes, paving the way for a more accessible and experiential online fragrance market.' Ajmal pointed out that consumers still prefer in-store purchases for items like agarwood chips and Dahn Al Oud oils, but spray perfumes are increasingly bought online, especially for repeat purchases. Other scent designers also highlighted that for local perfumers today, one of the key challenges is standing out in a fast-paced, trend-driven digital landscape. 'With consumers in Dubai becoming more convenience-focused and digitally native, it's crucial to capture their attention quickly and meaningfully. But that's also where the opportunity lies — by embracing e-commerce, storytelling, and social media, local brands can build direct, authentic connections with niche audiences. Success now depends on being agile, innovative, and deeply in tune with both global trends and local cultural preferences, all while staying true to your brand's identity,' said Munira Rahman, chief marketing officer, director, and brand ambassador of Al Haramain Perfumes. Tradition and trend While global brands remain influential, UAE-based companies are innovating with distinctly local flavours. Homegrown brand Enliven Perfumes, for instance, is turning to a hybrid of tradition and trend. 'As UAE's homegrown perfume brand, we have looked into the needs of the younger GenX and their tastes. We found that they want something new that has the local Arab touch – such as Oudh-based perfumes – but it must smell modern,' said Khandaker Hashibuzzaman, managing director at Enliven Perfumes. 'We maintain a higher level of concentrate — at least three times higher than the average perfume available in the market — so that they last at least 18–24 hours,' he added. With new generations seeking not just scents, but stories behind them, social media has become the new scent strip. 'Fragrances come with stories and this needs to be communicated to the consumers loud and clear… We need more interesting stories behind perfume notes — that will go a long way in getting customer loyalty,' added Hashibuzzaman. 'Sustainability is gaining popularity in business activities. It is important to be trendy and if one could build in sustainability, then the story gets interesting to the customers.' Niche is the new normal Meanwhile, brands like Ahmed Al Maghribi Perfumes are curating unique, limited-edition offerings to cater to young, experience-driven shoppers. 'Ahmed Al Maghribi Perfumes is embracing this shift by creating modern, niche collections that reflect a fusion of Emirati heritage and contemporary taste,' said Kafeel Ahmed Gudekar, CEO and founder of the brand. 'We partner with regional influencers and reviewers to build trust and connect with digital-native audiences. We offer personalised gifting options and exclusive lines that feel bespoke and culturally relevant.' Culture meets commerce With Dubai welcoming more than 17 million visitors in 2023, the synergy between tourism, luxury retail, and perfume culture is stronger than ever. The sensory appeal of the UAE's fragrance offerings often becomes a tangible souvenir for travellers seeking an immersive experience. According to Euromonitor, the GCC region's appetite for premium and niche scents has grown significantly over the past five years, with the UAE leading the charge. The rise of experiential perfume bars, custom blending studios, and AI-powered scent consultations across the Emirates signals a new phase in fragrance retail — where legacy meets lifestyle. Dubai Duty Free recently announced that half-year sales posted a 5.34 per cent year-on-year increase, with turnover reaching Dh4.118 billion for the first six months of 2025. Perfumes, beverages, cigarettes and tobacco, gold, and confectionery retained the top five category positions. Perfume sales reached Dh744.24 million, contributing 18 per cent of total revenue and showing an increase of five per cent over the same period last year. Sharon Beecham, senior vice-president — purchasing at Dubai Duty Free, said: 'The key drivers in fragrances growth are the niche perfumes, the Dubai Duty Free or Travel Retail exclusive products and the strong new launches. We will continue to expand the offer of niche fragrances, which are already showing a double-digit growth. In partnership with the top perfume brands we have plans for the second half of this year and for 2026, to launch new exclusive products and activate tactical promotions.'
