HANOI (Reuters) -Vietnamese electric car maker VinFast has signed a non-binding deal with a consortium of Emirati investors to receive at least $1 billion in funding, a person with direct knowledge of …
Travel ban, asset freeze: Dubai amends law, penalties for financial misconduct by some employees
A new law announced in Dubai on Wednesday outlines the investigation of violations as well as disciplinary penalties for offending employees of the Financi..
AGI Palace Group appoints KPF for Dubai Water Canal project
The Cliffs is located on the south side of the Dubai Water Canal. AGI Palace Group appoints KPF for Dubai Water Canal project. AGI Palace Group, Business, construction, Kohn Pedersen Fox, NEWS, …
EWEC receives three proposals for the development of Khazna Solar Photovoltaic Independent Power Project
The Khazna Solar PV plant will generate 1,500 megawatts of electricity, making it the fourth world-leading, utility-scale solar power project located in Abu Dhabi …
UAE’s e& sees Q3 net profit slip on year, but beats estimate
UAE telecoms and technology company e&, formerly Etisalat Group, said Q3 net profit attributable to owners slipped slightly to 2.96 billion UAE dirhams ($806 million) versus AED 2.97 billion in the …
Middle East has $3.9tn construction pipeline, UAE and Saudi lead boom
The Middle East has a $3.9tn (AED14.3tn) construction projects industry pipeline, according to a report by Build Well. The construction project market continues to grow in the Middle East, driven by …
Dubai approves $75bn budget
Dubai has approved a AED272bn ($74.6bn) budget cycle as it outlines Government income and spending plans for the next three years. In 2025 Dubai government spending will reach AED86.26bn ($23.5bn) and …
Inside Dubai’s risky bid to become the world’s crypto hub
With a new digital assets regulator and companies like Binance, Dubai is hoping to win over blockchain business.
Dubai Greenlights Largest Budget in History for 2025-2027
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, has approved Law No. (23) of 2024, which establishes the Government of Dubai’s General Budget …
Abu Dhabi’s CYVN Holdings to acquire McLaren’s automotive business
The deal will bring access to additional capital, advanced engineering expertise and technology, particularly in the field of electric vehicles …
Abu Dhabi’s CYVN Holdings enters non-binding deal to acquire McLaren’s automotive division
The potential partnership would also see the Abu Dhabi investment firm acquiring a non-controlling stake in McLaren Group …
UAE: Dry skin, body aches on the rise as weather cools down, temperatures drop
Some medics say that many don’t drink enough water when the weather is cooler, constricting blood vessels and reducing blood flow to the skin’s surface …
Abu Dhabi: 4,000 villas, townhouses expected to be delivered in Q4 2024
Abu Dhabi’s secondary real estate market is projected to boom as buyer preferences shift towards ready properties. Abu Dhabi: 4,000 villas, townhouses expected to be delivered in Q4 2024. 2024 trends …
Abu Dhabi: 4,000 villas, townhouses expected to be delivered in Q4 2024
Abu Dhabi’s secondary real estate market is projected to boom as buyer preferences shift towards ready properties. Abu Dhabi: 4,000 villas, townhouses expected to be delivered in Q4 2024. 2024 trends …
Budget travel guide: How to visit Abu Dhabi in less than ₹1.5 lakh
Explore Abu Dhabi’s attractions like Ferrari World and Louvre Abu Dhabi, while enjoying local cuisine at traditional eateries, all on a budget.
Dubai Airport Will Pursue Solar Power On A Larger Scale: Here’s Why
Earlier this month, Dubai Airport announced it had entered an agreement with Etihad Clean Energy Development Company to build the world’s largest rooftop solar panel project located at an airport. The …
Chinese intelligent robots transform Dubai
A robot patrols Jumeirah Beach in Dubai. Chinese-made intelligent robots, ranging from delivery persons to patrol officers and service professionals, are now popping up in Dubai. Terminus, a Chinese …