The idea is ‘to ensure equal tax treatment between local and foreign entities owned by certain exempt entities’ …
ADIO, e& enterprise to accelerate industrial transformation in Abu Dhabi
The Abu Dhabi Investment Office (ADIO) today announced a strategic partnership with e& enterprise, the digital transformation arm of e&, to establish an advanced industrial ecosystem anchored by …
UAE launches Arabic language AI model as Gulf race gathers pace
The United Arab Emirates launched a new Arabic language artificial intelligence (AI) model on Wednesday as the regional race to develop AI technologies accelerates in the Gulf.
UAE e-commerce market reaches $8.80bln in 2024
In 2024, the top three product categories by value were apparel and footwear, consumer electronics, and home care …
Dubai real estate embraces cryptocurrency in 2025: Risks & rewards
Dubai is now one of the few cities in the world where cryptocurrency can be used to legally and securely purchase residential and commercial real estate …
Abu Dhabi’s TII Launches Arabic Version Of Its Falcon LLM
Technology Innovation Institute (TII), the applied research arm of Abu Dhabi’s Advanced Technology Research Council (ATRC), has unveiled Falcon Arabic, the first-ever Arabic edition of its Falcon …
Abu Dhabi’s G42 and US-based WWT launch Forge42 to position UAE as AI exporter
Abu Dhabi-based technology group G42 has launched an artificial intelligence accelerator called Forge42, in partnership with World Wide Technology of the US, to help transform the UAE into an exporter …
Dubai Ruler’s Firm Gets $15 Billion in Orders for REIT Listing
Dubai Holding attracted $15 billion in orders for the $584 million initial public offering of its residential real estate investment trust, the latest sign of investor interest in the city’s booming …
Dubai Holding sets IPO price for Dubai Residential REIT at AED 1.10
The final offer price for the Offering of 1,950,000,000 Units in the Dubai Residential REIT IPO has been set at AED 1.10 per Offer Unit, at the top end of the price range, implying a market …
Investors, Including Indians, Lose Millions As Dubai Firm Vanishes Overnight
A UAE-based brokerage firm vanished overnight, taking millions of dirhams from investor funds. Until last month, Gulf First Commercial Brokers had two office spaces in Capital Golden Tower in Dubai’s …
Dubai Holding prices residential REIT IPO, aims to raise $584mln
Dubai Holding is looking to raise 2.14 billion UAE dirhams ($584 million) through its residential REIT IPO, with the price set at AED 1.10 per unit, making it the largest REIT in the GCC. The top the …
Bitcoin Buys A View: Trump Tower Dubai Embraces Cryptocurrency Payments Via Deus X Pay
Deus X Pay , a licensed institutional stablecoin payment solution setting new standards across the luxury sectors, is now enabling crypto payments for property purchases at the new Trump Tower Dubai , …
Juan Valdez Opens in Dubai Mall: Bringing 100% Premium Colombian Coffee to the Heart of the City
Coffee lovers, get ready! Juan Valdez has opened its doors in Dubai Mall’s Lower Ground (LG), next to Nando’s. This marks the brand’s second branch i …
Sharjah’s smart move: Roads get new signals to tackle traffic jams
The Sharjah Roads and Transport Authority (SRTA) has launched a set of smart traffic signals as part of its broader infrastructure development strategy. Dubai: New traffic signal control system to …
Sharjah Public Libraries set for diverse cultural programme
As part of its centennial celebrations, Sharjah Public Libraries (SPL) will roll out a comprehensive cultural programme from May to July 2025.
Elyanna to perform at Abu Dhabi Grand Prix 2025
Amping up the star power… Palestinian-Chilean breakout star Elyanna has been confirmed to perform as part of the Yasalam After Race Concerts at Etihad Park on Friday, December 5. She first wowed …
UAE Releases Falcon Arabic AI Model To Outcompete Mideast Rivals
A research arm of the Abu Dhabi government has released a powerful new Arabic-language artificial intelligence model in a bid to preserve its technological lead over rivals in the Middle East.