A Dubai resort hopes to build a giant replica of the moon on top of a skyscraper costing over £4billion. Canadian entrepreneur Michael Henderson plans to erect a 274-metre (900ft) sphere on top of a …
Masdar signs agreement for 2 gigawatts of solar and wind power projects in Uzbekistan
Abu Dhabi’s clean energy company Masdar has signed a joint development agreement with Uzbekistan’s Ministry of Energy and Ministry of Investments, Industry and Trade to develop more than 2 gigawatts …
Job con: 3 rackets busted, 12 arrested
Ten teams were formed to investigate the matter as between January to April this year, more than 170 cases of job cons or online tasks fraud were registered across the city, deputy commissioner of …
Dubai records Dhs9.1 billion in real estate transactions
A total of 3,105 real estate transactions worth Dhs9.1 billion were conducted in Dubai during the week ending 19th May 2023, according to figures …
U.S. Sanctions Watchdog Alleges Russia-Linked Crypto Wallet Processed $5M
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) rolled out a new massive wave of sanctions against Russian industrial companies, as well as people and entities that helped …
UAE Banks Federation Confirms A 100% Increase In The Use Of Some Digital Banking Channels
UAE Banks Federation, the representative and unified voice of UAE banks, revealed that the rate of digital banking services use through a number of banking channels has risen over 100%, reflecting the …
UAE ranks second globally in customer trust, says UBF
The UAE ranked second globally in terms of customer confidence in banks at 84 per cent in 2022, according to the index conducted annually by the UAE Banks Federation, …
Dubai’s $5B project seeks to build resort inside 900-foot replica of the moon
Canadian entrepreneur Michael Henderson envisions building a 900-foot replica of the moon atop a 100-foot building in Dubai, already home to the world’s tallest building and other architectural …
Mall of Emirates Dubai Announces Job Vacancies With Handsome Salaries
Mall of Emirates is currently offering a variety of career opportunities through the Majid Al Futtaim Group careers portal. Both their offices and retail …
I spent 8 hours in the world’s biggest mall in Dubai. It’s like an indoor city and has everything — an aquarium, an ice rink, and a Cheesecake Factory.
Dubai’s either set the record or plans to within the next few years. Its biggest mall is equally ambitious. Dubai Mall opened in 2008 and cost an estimated $20 million to build. The world’s biggest …
Dubai’s Next Big Thing? Maybe $5 Billion Man-Made ‘Moon’ as City’s Real Estate Market Booms
A proposed $5 billion real estate project wants to take skyscraper-studded Dubai to new heights — by bringing a moon down to Earth.
Dubai’s red-hot real estate may acquire another architectural wonder with $5 billion man-made ‘moon’
A Canadian entrepreneur has proposed a plan to construct a 900-foot replica of the moon to sit atop a building in Dubai, home of some of the world’s greatest architectural wonders.
UAE tax: IFZA Dubai, Zoho reveal plans for corporate tax compliance under new rules
All UAE-registered businesses are required to set up government-compliant accounting and financial book-keeping systems as part of the process for filing of corporate tax returns UAE tax: IFZA Dubai, …
Malabar Gold gets TRQ licence for gold import via IIBX
Malabar Gold and Diamonds, one of the largest gold and diamond retail chains of the country, became the first jewellery group in India to obtain a TRQ (Tariff Rate Quota) licence from the …
Europe wants to ban Russian diamond imports. Will it hurt?
The European Union is poised to impose a ban on imports of Russia’s diamonds — cutting off the world’s biggest diamond producer from one of its key markets.
Dubai is best city brand in Middle East and Africa, report says
Dubai claimed the top spot in the Middle East and Africa, and ninth globally, in the best city brands, a Brand Finance report has shown. The emirate received an overall score of 75.8 out of 100, Brand …
UAE: New roads, bridge to open tomorrow in Abu Dhabi
Abu Dhabi motorists will be able to use one new bridge and new roads from tomorrow onwards. The Integrated Transport Centre in the Capital made a public announcement on Friday, informing motorists …