The Saudi government has, in recent years, invested heavily in esports, including forming tournament organizer conglomerate ESL Faceit Group, the Gamers8 esports festival, Chinese tournament operator …
Fintech Paymob Granted Retail Payment Services License by Central Bank of the UAE
Paymob, the financial services enabler in MENA-P, announces it has been granted the Retail Payment Services License by the Central Bank of the UAE (CBUAE) after meeting all regulatory conditions and …
Sharjah’s real estate transactions hit record $10.8bln in 2024
The sector has also succeeded in attracting investors from 120 nationalities from different parts of the world …
Sharjah’s Real Estate Soars to New Heights with Record Growth in 2024
Sharjah’s real estate market experienced unrivaled growth, with transactions totaling AED 40 billion. The market, supported by strong infrastructure and governmental backing, attracted investors from …
Wizz Air Abu Dhabi predicts slower growth
Wizz Air Abu Dhabi expects slower growth in 2025 as delays of new aircraft deliveries, engine issues in some of its existing fleet and regulatory problems in some new markets affect its ambitious …
EFG Hermes braces for IPO flurry in GCC after market-leading 17 deals worth $19.7bln
EFG Hermes helped raise $7.2 billion from 11 IPOs across Tadawul, ADX, DFM and Boursa Kuwait and $12.5 billion from six secondary offerings, Ali Khalpey, Head of ECM, told Zawya …
Abu Dhabi-listed Phoenix Group enters Africa with Ethiopian Bitcoin mining deal
Phoenix Group, an Abu Dhabi-listed blockchain and crypto solutions company, has signed an 80-megawatt power purchase agreement in Ethiopia, marking its strategic entry into the African market. The …
Du Elevates Employee Experience With Workvivo Platform By Zoom
Workvivo’s communication and collaboration functionalities will redefine how du employees interact, share, and celebrate milestones, ensuring a cohes …
Abu Dhabi’s Etihad Aviation Training becomes first DGCA-approved training organisation outside of India
Etihad Aviation Training (EAT) in Abu Dhabi has been approved by DGCA India as the first overseas ‘approved training organisation’ for Indian pilots. This approval, covering simulators like A320, A350 …
Yelay announces launch of Ethereum DeFi to the Sui ecosystem
In a significant development for cross-chain decentralised finance (DeFi), Yelay Protocol has revealed plans to expand its Yield Layer infrastructure to the Sui Network, unlocking billions in Ethereum …
The UAE attracts more than $30 billion in crypto investments in one year
The UAE attracted more than $30 billion in cryptocurrency investments last year, data from forex.com showed.
Accor Wants to Push Economy Hotels in Middle East: ‘Mass-Market is Not a Rude Word’
Accor is focusing on expanding its economy hotel segment in the Middle East, a region traditionally associated with luxury. Saudi Arabia and the UAE are shifting towards mass-market tourism, creating …
Your ultimate guide to Dubai Mall: How to park for free, best things to do and the best shops
A bit lost thinking about the world’s busiest mall? Don’t worry we’ve got a complete guide to Dubai Mall right here …
New alliances around the world will ‘put pressure on the conventional economic flux,’ UAE trade minister
Thani Al Zeyoudi, United Arab Emirates’ trade minister, says the UAE is looking forward to continuing work with the rest of the world to ensure that there is a proper and sustainable supply chain.
Pakistan to seek extradition of billionaire tycoon from UAE
Developer Malik Riaz Hussain says fraud allegations by anti-corruption watchdog are attempt to ‘blackmail’ him …
German courts split on ‘Dubai chocolate’ that is not from Dubai
German discount grocer Lidl can continue selling its “Dubai chocolate” sweets, turning aside a lawsuit from an importer of chocolate from Dubai who argued the name was misleading, since no part of the …
UAE leads AI technology adoption, says Oracle
Oracle, a global leader in information technology and database solutions, has affirmed that the UAE and the region are experiencing exceptional growth in adopting artificial intelligence (AI) and …