Two of Dubai’s most prominent real estate developers are being merged and rolled into the personal portfolio of the emirate’s ruler.
Dubai royal nephew to open US$500 million family office in boost to Hong Kong hub
Sheikh Ali Al Maktoum, the nephew of Dubai ruler, is opening a family office in Hong Kong, one of the first high-profile global investors to respond to the city’s campaign to lure the ultra-rich.
National Bank of Fujairah hosts knowledge-sharing platform, taking stock of first year of UAE’s corporate tax regime
treasury and trade finance expertise as well as an expanding suite of personal banking options and Shari’ah compliant services. Leveraging its deep banking experience and market insight within …
UAE banking sector assets hit record Dhs4.1tn in 2023
The total assets of banks operating in the UAE rose by 11 per cent year-on-year (YoY) to a record Dhs4.1tn in 2023, the Central Bank of the UAE (CBUAE) said in a report, as the Gulf state’s banking …
Cannes hotspot Bâoli is bringing a sleek beach club to Dubai
It will debut alongside a Gaia beach club and St Tropez hotspot Gigi at La Mer’s new J1 Beach development… From the ultra chic shores of Cannes comes Bâoli – and it’s set to open in Dubai this …
EITC receives licenses from UAE Central Bank to offer fintech services
This milestone positions EITC at the forefront of the evolving fintech landscape in the region and supports the UAE’s commitment to fostering innovation, competition, and financial inclusion by …
ITQAN and QuEra announce partnership to enhance UAE’s quantum computing application
Dubai, United Arab Emirates – UAE’s ITQAN, a leading Systems Integrator and QuEra Computing, a Boston-based pioneer in neutral-atom quantum computing, have announced their partnership to accelerate …
UAE telco du gets Central Bank license to offer fintech services
Central Bank licenses empower du parent entity to provide digital-based services Dubai: Get set to welcome the UAE’s newest fintech – du. The Emirates Integrated Telecommunications Company – which …
Hai Ramadan has returned to Expo City Dubai
Time to return to Expo City Dubai for a celebration of culture… Hai Ramadan has returned to Expo City Dubai bringing a host of experiences the whole family will enjoy. Visitors will have plenty to …
Redefining luxurious living, BORK unveils its first Middle East boutique at The Dubai Mall
With manufacturing facilities located in countries worldwide such as Germany, Italy, France, Japan and Korea, BORK has continuously pushed the boundaries of craftsmanship and design …
UAE crypto investors realised estimated gains of $200mln in 2023
Investors in the UAE were no exception to the positive trend, realising capital gains totalling US$204 million from their crypto investments. With the crypto community in Saudi Arabia cashing out …
Sharjah Police pulls curtain down on ‘Desert Police Park’
The 2024 edition of the ‘Desert Police Park,’ organised by the Sharjah Police, has concluded. The event, themed ‘Together… Time is Beautiful,’ was held in the Al Kuhayf area in Al Batayeh from 19th …
New Lewis Hamilton Abu Dhabi 2021 swap theory as Felipe Massa action begins
Felipe Massa’s legal action against F1, the FIA and Bernie Ecclestone over 2008 could convince Lewis Hamilton to return to Abu Dhabi 2021.
Abu Dhabi’s most expensive penthouse is sold, here’s what it cost
The record transaction of the Nobu Residences penthouse marks the highest price per sqm achieved in the emirate, at Dhs96,000 per sqm …
UAE real estate: Nobu Residences’ most expensive penthouse sells at $38mn, Aldar announces
Nobu Residences in Abu Dhabi will offer high-end services and amenities in line with the Nobu hotel brand when completed in 2027 …
Dubai Royal Nephew Opens $500 Million Family Office in Hong Kong
Sheikh Ali Al Maktoum, the nephew of Dubai ruler Sheikh Mohammed Bin Rashid Al Maktoum, is opening a family office in Hong Kong, one of the first high-profile international investors to respond to the …
Dubai launches new logo as Sheikh Hamdan approves AED40bn policy to boost affordable housing
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, launched the government’s new logo symbolising Dubai’s vision and development journey The …