In Dubai, luxury property transactions averaged $743,000 in Q1 2025, with foreign buyers, including Chinese investors, paying a premium at $1.12 million on average.
Dubai startup positions yerba maté as matcha rival in wellness beverage boom
Raji Tarabay, a senior manager at Publicis Media Group, founded his company, Yerba, in early 2025 after identifying an untapped opportunity in Dubai’s competitive wellness market for the traditional …
Dubai Chambers showcases Dubai’s competitive advantages to 60 companies from Madagascar
“Dubai’s non-oil trade with Madagascar increased by 90% during 2024, reaching a value of AED 1.3 billion.” …
ANAX Capital enters UAE financial market with First Category licence
ANAX Capital Financial Markets LLC, a Dubai-based financial services firm, marked its official launch with an exclusive event at Palazzo Versace. The evening brought together VIP guests, international …
CODE81 and Commercial Bank of Dubai sign strategic MoU
Dubai, UAE: CODE81, a leading regional technology innovator, announces the signing of a strategic Memorandum of Understanding (MoU) with Commercial Bank of Dubai (CBD). This partnership aims to …
Mashreq fecomes the first bank in the UAE to offer Aani instant payments for SMEs via Mashreq Biz app
Dubai, UAE: Mashreq, one of the leading financial institutions in the MENA region, has announced the launch of Aani Instant Payments, a new solution enabling SME businesses to collect payments from …
UAE: Minimum bank balance requirement of Dh5,000 suspended
The Central Bank of the UAE on Tuesday postponed its decision for a minimum balance requirement of Dh5,000 for retail customers of local banks. The regulator sent out a notice to all licensed …
Sharjah: Road rage between 2 drivers turns violent; legal action taken
Authorities also emphasised the necessity to avoid filming and publishing such incidents on social media, as it constitutes a legal violation that is punishable.
Abu Dhabi GDP expected to expand at 2.5% this year
Abu Dhabi’s economy is expected to grow at 2.5 per cent this year, and an average of 3.5 per cent over 2026 to 2028, underpinned by non-hydrocarbon activity rising three per cent a year, a report …
Sustainability meets heritage at this exciting new pop-up in Abu Dhabi
Luxury, tradition and more… Summer transformations – who doesn’t love ’em? While you get started on yours, the Abu Dhabi EDITION hotel is bringing to town an exciting partnership with ETHR, the …
TAQA Distribution and EMSTEEL to explore utilities framework and solutions for Abu Dhabi’s future-ready industrial sector
TAQA Distribution, a subsidiary of Abu Dhabi National Energy Company (TAQA), has signed a Memorandum of Understanding (MoU) with EMSTEEL Group, one of the largest publicly traded steel and building …
Abu Dhabi, Tokyo join forces to promote bilateral economic development
Designated teams in both Abu Dhabi and Tokyo will collaborate closely to implement joint activities over the next 12 months …
Abu Dhabi real estate transactions fall, prices rise; best-performing areas in Q1 revealed
Abu Dhabi real estate transactions decrease as limited number of new projects enter market in first three months of 2025 …
‘Syria will be back’: Veteran war reporter sends message of hope during Dubai summit
There are so many stories that were never told, not because they weren’t lived, but because social media platforms silenced them,” said Syrian war correspondent Mohamed Belaas during a moving session …
Huawei and SAMENA Council drive 5G-A and AI monetization discussions at Leaders’ Forum
The forum underscored how regional operators can capitalize on 5G-A and AI as they pursue business growth and enhanced operational efficiency …
99% faster ev charging: NIO redefines electric vehicle charging in the UAE with 3-minute battery swaps
Addressing key EV adoption barriers, NIO’s solution delivers up to 99% time savings compared to conventional charging methods …
The Technology Innovation Institute develops new drone technology to detect hidden water leaks from the sky
Abu Dhabi, UAE – The Technology Innovation Institute (TII), a leading global scientific research center and the applied research pillar of Abu Dhabi’s Advanced Technology Research Council (ATRC), has …