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Month: June 2025

Posted on 02/06/2025

Akin Welcomes Skye Smith as Investment Management Partner in Abu Dhabi

Skye Smith joins Akin’s Abu Dhabi office as an investment management partner, expanding the firm’s regional presence and expertise.

Posted on 02/06/2025

Akin grows investment management practice in Abu Dhabi with addition of Skye Smith

Akin announced today that Skye Smith has joined the firm as a partner in its investment management practice. Smith will begin in the Dallas office and relocate to Abu Dhabi in the coming months. Smith …

Posted on 02/06/2025

First Abu Dhabi Bank Shareholder Offers $480 Million Stake

A shareholder in First Abu Dhabi Bank PJSC plans to sell a roughly 1% stake in the UAE-based bank, exiting its position in the lender.

Posted on 02/06/2025

UAE ministers hail election of Shaikha Al Nowais as UN Tourism Secretary-General as a historic milestone in global tourism leadership

The election of the UAE candidate as Secretary-General of UN Tourism highlights the nation’s pivotal role in advancing global tourism development …

Posted on 02/06/2025

UAE: Sheikh Mansour to begin official visit to Kuwait

Sheikh Mansour bin Zayed Al Nahyan, Vice-President and Deputy Prime Minister of UAE, and Minister of Presidential Affairs, will begin an official visit to Kuwait tomorrow, Tuesday. During the visit, …

Posted on 02/06/2025

UAE Sets New Rules for Emiratis Studying Abroad

The UAE is raising the bar for higher education abroad. On Monday, the government rolled out a new set of rules that require Emirati students heading overseas for university to choose from only the …

Posted on 02/06/2025

AYS Developers breaks a Guinness World Record for the World’s Largest Real Estate Training Session in Dubai

AYS Developers, a Dubai-based luxury real estate developer, has successfully hosted the world’s largest real estate training session, setting a new Guinness World Record at the Grand Hyatt Conference …

Posted on 02/06/2025

How Dubai’s Strategy Prevented an Oil Crisis Like Venezuela’s

Dubai’s remarkable transformation from an oil-dependent economy to a global business and tourism powerhouse is a story of strategic vision, diversification, and innovation. Unlike Venezuela, which …

Posted on 02/06/2025

Dubai Municipality intensifies inspection campaigns to enhance food safety and public health during Eid Al-Adha

Around 150 specialised inspectors deployed to monitor compliance across food safety, environmental health, and public safety.

Posted on 02/06/2025

Dubai Real Estate Boom Sparks Investor Rush Despite Warnings

Welcome to the Mideast Money newsletter, where we chronicle the intersection of money and power in a region that’s become one of the most influential in global finance. I’m Laura Gardner Cuesta, …

Posted on 02/06/2025

Etisalat takes UAE to elite telecom club (National day feature)

For the past 30 years, telecoms in the UAE have been synonymous with Emirates Telecommunications Corporation (Etisalat), the giant that has been functioning as a commercial operat …

Posted on 02/06/2025

LEED Platinum Certification places Emirates Electrical Engineering’s Al Waha headquarters among UAE’s elite green buildings

Only 141* buildings in the UAE have achieved Platinum status, the highest level of recognition under the global Leadership in Energy and Environmental Design (LEED) program.

Posted on 02/06/2025

Fintech revolution: Borderless finance driving inclusion with GTN

The Mena region has seen a remarkable shift in recent years, moving swiftly to embrace fintech innovation and positioning itself as a serious contender on the global stage …

Posted on 02/06/2025

UAE imposes Dh3.5-million fine against exchange house

The CBUAE, through its supervisory and regulatory mandates, aims to ensure that all exchange houses, their owners, and staff abide by the UAE laws.

Posted on 02/06/2025

Trump’s GCC tour redefining UAE’s role as investment hub

US President Donald Trump’s whirlwind tour of the GCC nations — the UAE, Saudi Arabia, and Qatar — beginning on May 13, 2025, has unleashed a transformative wave of economic opportunities, bolstering …

Posted on 02/06/2025

Sharjah welcomes high-level Korean delegation to boost cooperation in AI and digital transformation

Sharjah: The Emirate of Sharjah welcomed a high-level official delegation from the Seoul AI Foundation and the Seoul Metropolitan Government, in a strategic visit organised by Sharjah Digital …

Posted on 02/06/2025

The role of future-ready developments in Sharjah’s economic ascent

Sharjah’s first wave of modernisation began with its waterfront developments in the 1960s, followed by new ports, souks, and the 1,000 Villas Project. Fast forward to today, it is home to more than 1.

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