Marking the occasion has been banned in the Emirate of Sharjah and across Pakistan but they are set to proceed elsewhere …
UAE’s Excel Astra to build $5.4m fabrication hub at Kezad
UAE’s oil and gas contractor Excel Astra Engineering and Construction Group will build a Dh20 million ($5.4 million) fabrication factory at Khalifa Economic Zones Abu Dhabi (Kezad), which is expected …
Dubai fines brokerage $1.37m for failing to comply with regulatory requirements
The Dubai Financial Services Authority has imposed a fine of more than Dh5 million ($1.37 million) on brokerage RJ O’Brien Mena Capital for failing to comply with regulatory requirements. The fine was …
UAE issues new buy-now-pay-later rules
Acknowledging the global shifts in consumer financial trends and the increasing demand for “buy-now, pay-later” and similar credit products and services, the Central Bank of the UAE has announced the …
Here are the biggest crypto stories of 2023
In 2023, crypto industry onlookers were shocked by high-profile arrests and Sam Bankman-Fried’s trial but also given hope by a flurry of spot Bitcoin ETF applications and rebounding prices.
Sharjah Youth to conclude mini football championship
The Sharjah Youth Mini Football Championship competitions will conclude, on Saturday, December 30, 2023, organised by the Sharjah Youth, affiliated with the Rubu’ Qarn Foundation for Creating Future …
Abu Dhabi sees 7.7% non-oil GDP boost; construction and manufacturing thriving
Abu Dhabi has seen non-oil GDP grow by 7.7 per cent in Q3, according to the Statistics Centre – Abu Dhabi (SCAD). The figures illustrate a substantial growth in the real non-oil GDP of Abu Dhabi …
UAE’s e& ends talks to hike stake in Saudi telco Mobily
The United Arab Emirates telecoms group e& said on Friday it had ended talks to raise its stake in Saudi Arabia’s Etihad Etisalat (Mobily) to 50% and one share. “Emirates Telecommunications Group Co e …
Nedaa affirms readiness of its communication networks to secure new year celebrations in Dubai
Nedaa’s networks, along with the specialized wireless communication devices, will be deployed to support the efforts of the concerned authorities in Dubai …
Dubai leads luxury property sales globally, South Africans get in on the action
Dubai emerges as a global leader in luxury property sales, experiencing a remarkable 225% price surge from pandemic lows, attracting international investors, including South …
Tokyo-Based TeamLab Announces 70% Completion Of Sprawling Abu Dhabi Exhibit
The 17,000-square-meter mega-project will house large-scale immersive artwork spaces created by the interdisciplinary Tokyo-based art collective.
Abu Dhabi announces trucks, labour buses ban on New Year’s Eve 2024
Abu Dhabi’s Integrated Transport Centre (ITC) announced the ban on trucks and labour buses for New Year’s Eve from Sunday, December 31 until Monday, January 1. The public announcement was made via X …
Abu Dhabi’s non-oil economy grew by 8.6% in first nine months of the year
Abu Dhabi’s non-oil gross domestic product expanded 8.6 per cent in the first nine months of the year, as the UAE capital continues to diversify. The non-oil economy grew by an annual 7.7 per cent in …
Abu Dhabi’s Sheikh Zayed Grand Mosque now open for 24 hours, night tours unveiled
To enhance the visitor experience, multimedia guides are available in 14 languages, catering to a wide range of guests, including those who are visually impaired and deaf …
Dubai firm fined Dh5 million for failure to meet compliance regulations
The Dubai Financial Services Authority (DFSA) has imposed a fine of Dh5,023,375 on a firm for violating DFSA legislation on compliance …
Former Binance CEO Changpeng Zhao seeks privacy for travel plans amid legal battle
In a recent legal development surrounding the former CEO of Binance, Changpeng ‘CZ’ Zhao sought court intervention on December 27 to seal a motion related to his permission to travel outside the …
Trucks, labour buses banned inside Abu Dhabi Island during New Year’s Eve celebrations
Ban to stay for 24-hour period, know the timings and exemptions Abu Dhabi: As part of preparations for New Year’s Eve spectacle, authorities here have announced a ban on trucks and buses. Trucks and …