The government of Ghana has signed a memorandum of understanding with Dubai state-owned entity Ports, Customs and Free Zone Corporation (PCFC) to establish an economic zone and digital incubator in …
OMV exits UAE asset in $600 million deal
Austrian energy behemoth OMV has signed and closed an agreement to divest its 5% stake in the Ghasha concession in the United Arab Emirates, to Russia’s Lukoil. The overall cash consideration amounts …
Dubai Customs launches the Mirsal 2 B2B service for companies with high volume business
Dubai- Dubai Customs launched the Mirsal 2 B2B service for its eligible business partners who conduct high volume business with Customs using Mirsal 2; the integrated system enabling them to …
RLUSD approved by Dubai Financial Services Authority as recognised crypto token
Dubai, UAE: Ripple, the leader in enterprise blockchain and crypto solutions, today announced that its stablecoin, RLUSD, has been approved as a recognised crypto token by the Dubai Financial Services …
UAE SMEs continue to show resilience, but confidence drops marginally
In a survey by RAKBANK in association with RFI Global, the UAE SME Confidence Index score showed 4-point drop from 61 to 57 in 2024 …
Professional Car and Chauffeur Rental Dubai Services for Long-Distance UAE Travel
Professional car and chauffeur rental Dubai services solve these transportation challenges through experienced drivers, well-maintained luxury vehicles, and customer-focused service standards. This …
Digital Dirham revolution: UAE’s leap in global digital finance
Transforming global finance with blockchain, enhancing stability, and driving economic innovation by 2025. Pioneering digital finance and promoting a cashless society …
Sharjah Islamic Bank Organizes “Health Day” to Promote a Balanced Lifestyle Among Employees
As part of its ongoing commitment to employee wellbeing and its efforts to foster a culture of wellness and quality of life in the workplace, Sharjah Is …
Ethiopia: New Ethiopian Airlines’ Passenger Flight to Sharjah – UAE Anticipated to Bolster Ties in Wider Region
The inauguration of the new Ethiopian Airlines’ passenger flight to Sharjah will be strengthening ties with the UAE and the wider region at large, Ethiopian Airlines Chief Operating Officer, Retta …
Abu Dhabi Inc: Decoding the capital’s $1.7 trillion sovereign wealth funds
Diego Lopez, founder and managing director at Global SWF, discusses Abu Dhabi’s sovereign wealth story. The United Arab Emirates capital has been ranked the world’s top city for sovereign wealth, …
Rising insurance premiums reshape UAE consumer spending, NIQ report shows
According to the report, over half of surveyed consumers reported an increase in insurance premiums, with more than 80 per cent expecting further hikes —particularly in the auto sector …
Dubai property market ‘close to the peak,’ Fitch says
Fitch Ratings is predicting a correction for the Dubai property market of as much as 15%. Redmond Ramsdale, head of Middle East bank ratings at Fitch Ratings, discusses the new report and the state of …
Eid Al Adha 2025: Dubai’s RTA announces service hours during holiday
The timings apply to Customer Happiness Centres, public transport, paid parking zones, marine services, and technical testing centres …
Dubai: More tourists are turning into residents, property buyers, say experts
The property market has experienced an unprecedented rally since the pandemic, with prices reaching record highs. This surge has largely been fuelled by foreign investors and affluent individuals.
In Dubai you don’t need cash or card, you pay with your face
An Emirati man shares how in Dubai you don’t need cash or card to pay for things at certain supermarkets. Instead you can use your face to pay.
At $1m for one-bed apartment, Fahid Island capitalises on Abu Dhabi’s growing appeal
A one-bedroom unit at the new Fahid Island development in Abu Dhabi is priced from Dh3.5 million ($953,029) onwards, according to developer Aldar Properties, amid soaring property demand.The massive …
Ohana Development’s Husein Salem on the future of branded residences in the UAE
The partnership with Jacob & Co. came from a shared goal to create a development that goes beyond typical branded residences. We wanted to introduce something new to the UAE market — a project that …