A British hedge fund trader was on Friday sentenced to eight years in prison by a Danish court, after having confessed to helping defraud tax authorities in a so-called “cum-ex” tax scheme, news …
Assets of Dubai-based ‘hawala operator’ worth Rs 580 crore frozen in Mahadev case
The Enforcement Directorate has frozen security holdings worth Rs 580 crore and seized cash and valuables amounting to Rs 3.64 crore of a Dubai-based ‘hawala operator’ after recent raids in six cities …
World’s largest offshore wind farm: UAE’s Masdar completes 49% purchase of UK’s massive Dogger Bank South project
Abu Dhabi Future Energy Company (Masdar) announced the completion of its acquisition of a 49 percent shareholding in the 3 gigawatts (GW) Dogger Bank South (DBS) project – one of the world’s largest …
World Trade Organization postpones closing session of MC13 in Abu Dhabi
The closing session of World Trade Organization (WTO) 13th Ministerial Conference (MC13) has been postponed to 5 pm (local time) on Friday, March 1. WTO Spokeswoman Ismaila Dieng said that the …
Dubai customs intercept marijuana in red onion shipments
The discovery was made after officers, suspecting the air freight shipments based on known smuggling patterns, employed advanced X-ray technology that revealed unusual densities in the cargo from an …
UAE-Pakistan flights: Fly Jinnah announces daily service between Sharjah and Lahore
Fly Jinnah, Pakistan’s low-cost carrier, on Friday announced the launch of its latest international service, connecting Sharjah with the Pakistani city Lahore. The new service will connect both cities …
UPDATE 3-WTO Talks Deadlocked in Abu Dhabi With No Breakthrough in Sight
March 01st, 11AM March 01st, 11AM (Writes through, adds context) …
Arab boxing stars to shine at Abu Dhabi spectacle
Abu Dhabi is set to host the much-anticipated third instalment of Rising Stars Arabia, a renowned boxing series that present emerging Arab boxing talent to a global audience. Scheduled for March 2, …
Saudi Arabia, UAE Join Condemnation of Israel After Gaza Deaths
Saudi Arabia and the United Arab Emirates joined a growing wave of condemnation of Israel after dozens of Palestinians were killed and injured on Thursday in an outbreak of violence in Gaza. Israel’s …
UAE luxury yacht builder Gulf Craft makes return journey into lucrative Asia markets
Chairman Alshaali is opening up international markets – and wants to get into boat finance Dubai: One of the biggest names in the Middle East’s leisure yachting industry, UAE’s Gulf Craft is heading …
UAE announces new Trade for Development platform to support developing countries in trade negotiations
The platform aims to enhance the capacity and skills of developing nations in engaging in trade negotiations The UAE announced plans to develop the ‘Trade for Development’ platform – a technical …
E-scooters banned in Dubai metro and tram stations from today
Residents are no longer allowed to take e-scooters into Dubai metro or tram stations. The stricter safety measure was announced by the emirate’s Roads and Transport Authority on Thursday and came into …
Dubai’s Emaar Properties To Invest $21B In Luxurious Housing Projects Amid Real Estate Boom
*Terms and conditions apply. Visit Nada’s website for more details. Loading… Loading… In a bid to capitalize on the thriving real estate market in Dubai, Emaar …
A new company is shipping Arctic ice from Greenland to chill posh drinks in Dubai
Patrons of glitzy Dubai bars could be sipping beverages cooled by a cube of ancient Arctic ice carved from a Greenland iceberg.
Pernod Ricard Unveils ‘Longitude 77’ In Dubai
Following a remarkable India launch in December 2023, Longitude 77, the luxury spirit from the House of Pernod Ricard India launched in Dubai yesterd …
DTC’s first post-IPO result sees 11% revenue growth to $530mn
Abdul Muhsen Ibrahim Kalbat, DTC Chairman, added: “Our strong inaugural set of results following our successful IPO on DFM in December 2023, highlights the strength of our business, which is …
Book now for half-price stays in this luxury Dubai hotel’s flash sale
There’s no doubt that in Dubai we love the luxury side of life – but we also love it at a bargain price. To mark the leap year, five-star hotel The H Dubai announced a 72-hour sale of up to 50 percent …