Growth in the inbound shipments from Switzerland was the sharpest at 85.65 per cent in December, majorly driven by gold imports. It was followed by the US (9.88 per cent, China (9.14 per cent), Iraq …
Dubai’s new Salik toll gate charges come into effect on January 31
The cost of driving through Dubai’s Salik toll gates will increase during peak hours from the end of January. The price rises from Dh4 to Dh6 from January 31, a notification from the Dubai Financial …
Amir Tabch: Revolutionizing FinTech with UAE’s 1st Regulated DeFi Brokerage
As an experienced board leader and fintech executive, Amir Tabch leveraged his deep expertise in regulatory compliance to establish the UAE’s first regulated DeFi and digital asset brokerage—a …
Dubai Unveils Plans for a State-of-the-Art ‘Crypto Tower’
Dubai has announced plans for a luxury “Crypto Tower” designed as a hub for blockchain and cryptocurrency enterprises. This ambitious project, led by DMCC and REIT Development, promises a blend of …
UAE: Abu Dhabi hosts IRENA’s 15th annual gathering
The director general of the International Renewable Energy Agency (IRENA), Francesco La Camera, said on Sunday that the new renewable energy capacity in the world in 2024 will be about 500 GW, which …
Rahm misses cut, McIlroy struggles and Ferguson gets lucky break to lead at Dubai Desert Classic
Jon Rahm and Viktor Hovland missed the cut and Rory McIlroy was forced to battle to make the weekend as the headline acts struggled at the Dubai Desert Classic. Ewen Ferguson was taking full advantage.
Dubai’s ultra-luxury real estate market surges: Property Monitor report
Dubai’s real estate market continues to be synonymous with grandeur and ambition, as the demand for ultra-luxury homes priced at over $10 million remains s..
First look: Nara on the Sea redefines dhow dinners in Dubai with class and quality
A wooden dhow gleams on the waters surrounding Dubai Festival City Mall, lacquered teak panels reflecting the amber glow of its lights. Ascending the steps to board Lady Nara to sample Nara on the Sea …
Five operators advancing on 5G-Advanced
Enhanced multi-carrier operations, 5G multicast and advanced MIMO topped the list of 5G-Advanced priorities for telcos.
‘Safe’ Sharjah attracts Kuwaiti investors to $950m project
The emirate of Sharjah has been praised as “safe and business-friendly” by a Kuwaiti developer who has formed a partnership to develop a AED3.5 billion ($950 million) housing project in its burgeoning …
Ferguson uses grandstand for eagle to lead in Dubai
Ewen Ferguson admits he had “a little bit of luck” after he eagled the 18th hole to lead the Dubai Desert Classic by a stroke at the midway stage.
Zara’s Middle East Operator Seeks Bank Pitches for IPO
The operator of Zara clothing and Virgin Megastore chains in the Middle East is exploring a possible initial public offering, according to people familiar with the matter.Most Read from BloombergThese …
KKR invests $5bn in Dubai’s Gulf Data Hub
A Dubai business will see a massive investment of $5bn as it looks to usher in new era of AI possibilities. Gulf Data Hub and KKR announced that funds affiliated with KKR will acquire a stake in GDH.
Saudi, UAE Venture Capital Funding Slumps on Investor Shift
Startups in the region raised $1.5 billion, a decline of 29% compared to the previous year, according to a report from venture capital data platform Magnitt.
Malaysia Considers Crypto, Blockchain Policies After Discussions With UAE Government
The Malaysian Securities Commission (SC) has acknowledged the Prime Minister’s vision for crypto that sees Malaysia becoming a key name in the evolving digital finance ecosystem, according to a report …
Bulgari Resort Dubai’s new snake-inspired villa is a tribute to the iconic Serpenti jewellery design
Over the past 75 years, Bulgari’s snake-inspired Serpenti jewellery has wound itself around the necks and wrists of fashion’s elite – from Elizabeth Taylor to Zendaya and Amal Clooney — and now, a …
Dubai real estate: Urban Properties Development launches $81.6mn freehold project in Business Bay
The development, which is under construction, will comprise 146 units including studios, one-bedroom, and two-bedroom apartments, with completion set for Q2 2026 …