Arada has awarded two major contracts totalling $125.23 million to build 430 villas and townhouses within the first residential district at Masaar, Sharjah’s forested megaproject Arada picks Kuwaiti …
Abu Dhabi’s Al Bateen Airport to close for runway upgrades
Al Bateen Executive Airport in Abu Dhabi is to close for more than two months for runway upgrades. Abu Dhabi Airports on Tuesday said the expansion will allow the airport to handle larger aircraft.
UAE-India travel: Passengers could see more flights in this sector as demands continue to soar
More flights between the UAE and India could soon be a reality as countries begin to dwell in a post Covid world, with nations striving to bolster their travel and tourism sectors. This was revealed …
UAE reports 280 Covid-19 cases, 259 recoveries
The UAE’s Ministry of Health and Prevention reported 280 Covid-19 cases on May 10. The new infections were detected, after 366,233 tests were conducted across the country to screen for the virus. The …
Dubai driver robs Dh6 million from sponsor, threatens to kill her baby
Appeal court upholds sentence of five years in jail, Dh6 million fine for the gang Dubai: Dubai Court of Appeal has upheld a verdict on a gang who stole Dh6 million from a woman after breaking …
“Villas in the clouds”: Dubai’s newest mega-resort takes luxury to new heights
For visitors to Dubai, Atlantis, The Palm has always been top of the to-do list. With its iconic pink hues commanding attention from its position at the helm of the Palm Jumeirah. Now though, there’s …
Kempinski to manage residences overlooking Dubai’s Ras Al Khor Wildlife Sanctuary
and spellbinding views of the Dubai Skyline and Ras Al Khor Wildlife Sanctuary. Real estate company Swiss Property, with whom the Kempinski Group signed a management agreement, has envisaged Kempinski …
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UAE: New 1,500MW solar plant in Abu Dhabi to power 160,000 homes
“With Al Ajban Solar PV, which will be similar in size and capacity output to Al Dhafra Solar PV, Abu Dhabi and the UAE will have the three largest, world leading solar power plants, increasing the …
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UAE’s first Spac to launch $100m Abu Dhabi IPO this week
ADC Acquisition Corporation, the UAE’s first special purpose acquisition company (Spac), will launch its initial public offering this week as it seeks to raise funds to acquire fast-growing technology …
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Dubai delivery workers go on second rare strike this month
Food-delivery workers across Dubai protesting meager pay and inadequate protections have walked off the job across the city, the company confirmed on Tuesday, marking the second strike in as many …
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At a time when crypto companies and talent are relocating to Dubai, this Indian company is doubling down on its efforts with a new investment venture
CoinDCX, one of the largest cryptocurrency companies in India, has announced the launch of a new investment arm called CoinDCX Ventures, with an aim to invest in early-stage cryptocurrency and …
Sharjah woodland megaproject: $125m contracts awarded for first phase of Masaar
Construction of the first residential phase of Masaar, Sharjah’s woodland community megaproject, is set to begin after two major contracts worth Dh460 million ($125m) were awarded. The project will …
Arada awards two key Sharjah residential district contracts
UAE-based developer Arada has awarded two major contracts worth AED460 million ($125 million) to build the first residential district at Masaar, Sharjah’s forested megaproject. Featuring 4,000 villas …
Stephen Donnelly defends taking time off during Dubai trip
Health Minister Stephen Donnelly has defended taking time off during a taxpayer-funded trip to Dubai with top civil servant Robert Watt.
Dubai-based fintech Kamel Pay partners with Mastercard for new payments solutions
Dubai-based fintech Kamel Pay has partnered with Mastercard to launch two payments solutions for businesses and individuals in the UAE. The partnership will see the launch of two card products …
AOIC announces IPO, listing on Saudi Exchange’s Main Market
UAE – Abdullah Al Othaim Investment Company (AOIC), a leading mall, entertainment, fashion and F&B operator in KSA, will offer 30 million ordinary shares through an initial public offering (IPO) and …
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ADC Acquisition Corporation, UAE’s first SPAC, to open IPO subscription on 12 May
Shares will be available for purchase to retail and professional investors in a public subscription in the UAE and listed on the Abu Dhabi Securities Exchange (ADX). The company aims to raise AED 367 …
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