The UAE’s move to provide five-year visas to middle-income workers will offer greater stability and flexibility fo …
Majlis Mohamed bin Zayed: UAE is ahead of digital curve
The UAE is one of few countries in the world that has embraced the future by modernising its government systems, a leading strategist and digital transformation expert has said. Salim Ismail, founding …
Three-bedroom unit at Bulgari Resort and Residences records highest price per square foot in Dubai’s history
The Bulgari Resort and Residences transaction demonstrates that the luxury segment in Dubai’s real estate market is showing no sign of slowing down, outperforming all other segments as prices continue …
Dubai Police prepare inmates for life after prison with university courses
Dubai Police have signed agreements with two universities in the emirate to offer third level education to inmates. American University in the Emirates and Hamdan bin Mohammed Smart University will …
Contribution of Dubai freezones to emirate’s GDP to reach Dhs250bn by 2030
The projections were made during a meeting of the Dubai Free Zones Council chaired by Sheikh Ahmed bin Saeed Al Maktoum …
Dubai Islamic Bank posts 58% rise in net profit for Q1 2022
The bank’s total income reached Dhs3.01bn, recording growth of 6 per cent year-on-year compared to Dhs2.84bn achieved in Q1 2021.
Dubai businesswoman feeds hundreds of workers in Jebel Ali each Ramadan night
An entrepreneur in Dubai has teamed up with friends and family to feed hundreds of people for iftar each night during Ramadan. Siama Qadar and her fellow volunteers distribute the boxes outside a …
Dubai free zones ‘to add $68bn to GDP by 2030’
Dubai’s free zones, developing their services throughout the current decade in line with the demands of new economic opportunities, are on track to boost their contribution to Dubai’s GDP to AED250 …
Dubai Crown Prince launches $100 million venture capital fund to bolster startups and entrepreneurs
The venture capital fund will come into effect in June 2022 and will run for eight years, with the possibility of a two-year extension. It is expected to provide more than 8,000 jobs for emerging …
Movement to Dubai in 2022, all the pros and cons Report by DAX REAL ESTATE
Dubai remains the top region. Consider the advantages and disadvantages of this metropolis and figure out what kind of real estate is worth choosing for moving to permanent residence. The market …
The UAE eyes pole position in digital economy
An enabling environment and policies supported by ecosystems put the country among leaders The UAE has made no secret of its ambition to be a global leader in the new digital economic order. A series …
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Dubai Police warn against hiring absconding domestic workers
948 runaway maids arrested in Dubai since the beginning of Ramadan Dubai: The Dubai Police General Command has warned members of the public against hiring runaway domestic workers, especially …
Dubai ranked third-best city in the world for digital nomads
Dubai has been ranked the third-best city in the world for digital nomads to live in, according to new research by real estate consultancy Savills. Lisbon, the capital of Portugal, topped the table …
Dubai waste disposal firm Averda could be angling for an IPO
Dubai: Dubai:-based Averda is exploring an IPO in Saudi Arabia or the UAE, the latest firm seeking to join a wave of listings in the Gulf. The provider of waste-disposal services …
Dubai Free Zones to boost their contribution to Dubai’s GDP to $68bln by 2030
DUBAI: The Dubai Free Zones Council (DFZ Council) held its 20th meeting, headed by H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the DFZ Council. During the meeting, Sheikh Ahmed noted that …
Colorful billionaire’s Dubai real estate firm now accepts BTC and ETH
DAMAC Properties now accepts crypto for real estate purchases, with the move coming just a couple of months after it hinted at rolling out NFT and Metaverse initiatives.
Crypto exchange Kraken gets license to operate in UAE
American cryptocurrency exchange Kraken on 25 April received the license to operate a regulated trading platform in the UAE.