Schonfeld Strategic Advisors is backing a new hedge fund in Abu Dhabi, allocating about $500 million to Omar Newera, a former Waha Capital portfolio manager, according to people familiar with the …
UAE coast guard evacuates 24 people from oil tanker crash east of Strait of Hormuz
The United Arab Emirates (UAE) said its coast guard evacuated 24 people from an oil tanker Tuesday after a collision between two ships just east of the world’s most critical oil chokepoint, the Strait …
Fire breaks out after tanker collision off UAE coast near Hormuz
Fire breaks out after tanker collision off UAE coast near Hormuz. Find the latest news from the maritime industry on the PortNews website.
Dubai looks to launch world’s first water-backed digital token
Dubai Multi Commodities Centre says ‘this will revolutionise how water is traded, valued, and managed globally’ …
RUCKUS Networks announces next-generation AI and Wi-Fi 7 solutions for every tier within the hospitality industry
RUCKUS Networks announces next-generation AI and Wi-Fi 7 solutions for every tier within the hospitality industry …
Dubai wellness brand ‘Elegant Hoopoe’ sets stage for global expansion with AI-driven franchise model
In a move that underscores the UAE’s rising influence in health-tech innovation, Dubai-born wellness brand Elegant Hoopoe is preparing for international expansion, introducing a new model for how …
GCC tops export destinations for Dubai Chamber of Commerce members with value of Dhs40.5 billion in Q1
Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that markets within the Gulf …
Dubai’s office market sets new records, with AED2.8bln worth of sales across 933 transactions – Cavendish Maxwell
Dubai – Dubai’s office real estate market has set new records for sales values and volumes, with investors spending AED2.8 billion across 933 transactions in Q1 2025, according to new insight from …
Dubai SME facilitates AED1.29 billion in contracts to SME members of Emirati Supplier Programme in 2024
The Emirati Supplier Programme, managed by the Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME), part of the Dubai Department of Economy and Tourism (DET), …
Dubai real estate: Shamal unveils 90-unit residential development at historic Dubai Zoo site
Residents will have access to amenities centred around courtyards including a club house, wellness area, children’s play area, family pool, lounge and gym …
UAE SaturnX stablecoin infrastructure provider raises $3 million
SaturnX, the infrastructure provider for stablecoin-based cross-border payments with headquarters in Dubai, UAE, has closed a $3 million seed round.
Community living in Sharjah: Inside Alef’s next-gen developments
Sharjah’s real estate appeal stems from its strategic location, offering proximity to Dubai while maintaining a unique cultural identity …
Sharjah school staff convicted in Indian boy’s death
Court has convicted two school staff members of negligence in the death of eight-year-old Indian student Rashid Habib, more than a year after he died following a fall at his school in Muwaileh …
Energy security is driving Abu Dhabi’s tilt at overlooked Santos
The pull of LNG is proving strong in the Middle East, driving the surprise takeover bid for an Australian producer that others have looked at and left.
UAE coast guard evacuates 24 people from oil tanker crash east of the critical Strait of Hormuz
The Emirati national guard says it has evacuated 24 people from an oil tanker after a collision between two ships just east of the world’s most critical oil chokepoint, the Strait of Hormuz.
UAE: Showroom ordered to pay Dh83,000 after selling customer’s car without paying
A car showroom has been ordered to return Dh68,000 to a customer, along with an additional Dh15,000 in compensation. A ruling from the Al Ain Court for Civil, Commercial, and Administrative Claims …
UAE Coast Guard Rescues 24 Crew Members After Tanker Collision In Gulf Of Oman
UAE coast guard has rescued 24 crew members after oil tanker collision near Strait of Hormuz amid regional maritime tensions.