So far, Dubai has remained relatively shielded from international headwinds thanks to limited sensitivity to interest rate hikes and contained inflation. Mortgage transactions in Dubai continued …
UAE: Sharjah Shopping Promotions wraps up activities
The annual retail extravaganza Sharjah Shopping Promotions has come to a close after 36 days packed with shopping and entertainment activities. Since its launch on December 1, large crowds across …
UAE: WED Innovation Lab kicks off in Abu Dhabi tomorrow
After the successful launch of WED at COP28, which effectively incorporated children’s early learning years into the global climate conversation, Abu Dhabi’s Early Childhood Authority, as part of the …
Dubai D33 agenda on track; GDP growth rises 3.3% from Jan-Sep 2023
It is also a reflection of Dubai’s favourable economic climate, robust world-class infrastructure, pro-business regulations and deep talent pool which together consistently draw in a diverse array of …
ADCB announces sale of 80% stake in Abu Dhabi Commercial Properties to Nine Yards Plus Holding
ABU DHABI, 14th December, 2023 (WAM) — Abu Dhabi Commercial Bank (ADCB) has signed an agreement to divest 80 percent stake in its wholly owned property management subsidiary Abu Dhabi Commercial …
First floating villa unveiled at Dubai Kempinski Palace resort
Initiated tree years ago, the Kempinski Floating Palace project features a floating hotel surrounded by 48 luxury mobile villas, boasting an estimated market value of AED1.6 billion ($435 million) …
DCT Abu Dhabi to organise 11th GCC Heritage & Oral History Conference
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Destination Moon: UAE team begins construction of Gateway Lunar Space Station
As part of the mission, UAE’s space engineers will build a 10-tonne ‘Crew and Science’ airlock, the entry and exit point for astronauts on the Gateway …
UAE starts work on Gateway Lunar Space Station that will orbit the Moon
Country building the airlock for the crew, which will include an Emirati astronaut MBRSC team in front of mockup of HALO, the first constructed part of the Gateway, at NASA’s Johnson Space Center in …
UAE posts growth in foreign investment projects in 2023: UNCTAD
The United Nations Conference on Trade and Development (UNCTAD) has announced that there was a noticeable increase of 28% in new foreign investment projects in the UAE during 2023 compared to the …
Sharp decline in crypto crime as market looks primed for ‘new growth phase’ in 2024
This is welcome news for the crypto community in the UAE which was one of the only countries in the region where a higher share of crypto activity takes place on decentralised exchanges (48 per cent), …
Rory McIlroy Makes Golf History with 4th Win at Dubai Desert Classic
Rory McIroy made history with his first win of the season. The World No. 2 closed out the Dubai Desert Classic with a 2-under 70 Sunday to become the …
Dubai house prices surge up to 21% on ‘unprecedented boom’
The upward trajectory of property prices in Dubai persists, driven by a record influx of local and international investors attracted to the promising retur..
Dubai Integrated Economic Zones receives Johnson Controls Blueprint of the Future Award
The award was presented by Marc Vandiepenbeeck, Johnson Controls’ president for the EMEALA region to Abduljalil Al Abbasi, Senior Vice President of Planning and Design at DIEZ, as part of a COP28 …
UAE team begins work on Lunar Gateway
“This week, we started the work on the Gateway Lunar Space Station after our leadership announced the UAE’s participation in the project,” said Al Marri on X. “We had several meetings with the Gateway …
McIlroy wins Dubai Desert Classic for record 4th time after reeling in Young in final round
Rory McIlroy won the Dubai Desert Classic for a record fourth time Sunday, completing a remarkable weekend comeback by reeling in Cameron Young early in the final round then holding off Adrian Meronk …
Rory McIlroy Rory wins Dubai Desert Classic for record 4th time
Rory McIlroy won the Dubai Desert Classic for a record fourth time after reeling in Cameron Young early in the final round then holding off Adrian Meronk down the back nine to seal a 1-stroke victory …