Hyperscale cloud computing is expected to provide SMEs and start-ups in the UAE with US$17.1 billion (AED62.6 billion) worth of economic benefits from 2022 and 2030 – the equivalent of four percent of …
UAE launches $272.3m ‘Emirati Villages’ project
Emirates Villages represents a new milestone in achieving the vision of the UAE leadership by introducing a sustainable development model that accommodates all regions across the country, while …
Revealed: Winners of the Gulf Business Awards 2022
with the region’s business leaders and trailblazers in close attendance. The prestigious awards, which completed a decade this year, were held at the Central Park Towers DIFC in Dubai, to laud …
Dubai committed to provide firms with growth-friendly ecosystem
Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, on Wednesday met with Bill Thomas, Global Chairman and CEO of KPMG International.
Opportunities knocks in Dubai’s real estate market, say experts
On the exhibition floor, Cityscape underlined the appetite of investors and end users to own property in Dubai with key exhibitors reporting big business. Sobha Realty revealed it closed deals worth …
UAE and Africa to strengthen non-oil trade and investments
Etihad Credit Insurance (ECI), the UAE Federal export credit company, and African Trade Insurance Agency (ATI) signed a reciprocal reinsurance agreement to strengthen trade ties and boost exports …
UAE announces first eye donation transplant bank
The UAE has announced it will open the country’s first eye bank in Abu Dhabi. Partnering with a leading US medical firm, Abu Dhabi’s Department of Health will create a facility which will import and …
Crypto crying for deep regulation
Dubai has taken several steps such as setting up a Virtual Assets Regulatory Authority for regulating the digital assets market outside of certain jurisdictions …
Mick Schumacher told off in “heartless” Haas radio message after final race in Abu Dhabi
Schumacher wanted to put on a little show for the fans at the end of the race in Abu Dhabi, but for doing a few doughnuts on the track he was told off by his team …
Coroner’s warning after British tourist dies of ‘neglect’ in Dubai police station
Lee Brown, 39, from Dagenham, east London, died after being locked up for five days at the Bur Dubai police station …
UAE’s Fincasa Capital pledges up to $76.23mln for property sector in 2023
Dubai-based investment firm Fincasa Capital plans to earmark around AED 280 million for the real estate sector during 2023 through its company Star Runner Property. The planned amount marks a …
Emicool signs agreement to increase solar capacity by 238%
Company is maximising efforts towards inculcating more renewable energy practices in its operations to support the government’s wider sustainable agenda …
Customs seizes 5,000 mobile phones smuggled from Dubai in boat
QUETTA: Pakistan Customs on Wednesday seized 5,000 expensive mobile phones smuggled to Gwadar from Dubai via boat.The team of Pakistan Customs in a raid on a tip-off at the Gwadar shore seized 500 …
Dubai: World far away from showing real progress to achieving net zero goal, says top expert
The world has made great strides in setting targets to achieve the net zero goal, but it is still far away from showing real progress, said Silvia Rigato, ..
Dubai: Global efforts to limit global warming falling behind
Climate risks are many and all incoming global efforts towards limiting global warming are falling behind, said Eng. Majd Fayyad, DSM Strategy and Policy L..
This Dubai ‘hypertower’ will be the world’s tallest residential structure
The structure will surpass New York’s Central Park Tower, the tallest residential building in the world at 472.4 metres.
Abu Dhabi to plant 1 million mangrove trees to capture carbon emission
Abu Dhabi will plant one million mangrove trees in its efforts to achieve the net zero target and also counts on the role of the private sector to meet the..