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Month: May 2026

Posted on 25/05/2026

DFSA, VARA to strengthen Dubai’s financial and virtual asset regulation

DFSA regulates DIFC, while VARA oversees Dubai’s virtual assets sector outside the centre DIFC has its own independent, internationally recognised regulator, the Dubai Financial Services Authority …

Posted on 25/05/2026

Africa Finance Corporation secures inaugural AED937.5mln sustainability-linked loan backed by United Arab Emirates (UAE) Banks

The AED 937.50 million (US$255 million) facility reflects AFC’s commitment to use financial innovation tools to optimise funding for transformative infrastructure Distributed by APO Group on behalf of …

Posted on 25/05/2026

Dubai Dining Awards 2026: Full list of winners shaping the city’s culinary identity

The Dubai Dining Awards 2026, presented by KT Luxe, celebrate the venues and visionaries redefining how the city experiences hospitality today. From boundary-pushing immersive concepts and refined …

Posted on 25/05/2026

FIRSTLINE is giving Dubai dining a social glow-up

Dubai’s dining scene has always been about more than simply booking a table. It’s about who introduced you to the place first, which restaurants become part of your social circle and the spaces people …

Posted on 25/05/2026

#longweekend: 13 luxe Dubai resorts to stay at with a private pool this Eid al Adha

Dreaming of having your morning tea, while you soak in your own private pool during the upcoming long weekend? Then you’re in the right place. When is the Eid Al Adha long weekend? The UAE moon …

Posted on 25/05/2026

Last-minute Eid plans? Dubai hotels launch staycation packages

Operators including voco Bonnington Dubai, Mövenpick Jumeirah Lakes Towers and RIVA Beach Club have launched bundled accommodation and beach access offers aimed at residents seeking short-haul leisure …

Posted on 25/05/2026

Alec unit awarded contract to build Sphere Abu Dhabi

A subsidiary of Dubai government-owned construction company Alec Holdings has won a $1.7 billion contract to build the Sphere Abu Dhabi entertainment venue. The award was issued by the Department of …

Posted on 25/05/2026

Sphere Abu Dhabi: Alec wins $1.7 billion construction contract

Official project material also links Sphere Abu Dhabi to the annual Formula 1 Etihad Airways Abu Dhabi Grand Prix …

Posted on 25/05/2026

Abu Dhabi’s ADGM announces over 50% reduction in commercial license fees starting 2025

Revised licensing fee part of its transitional arrangements for Al Reem Island businesses This initiative aims to enhance ADGM’s business ecosystem, making it more attractive and accessible for …

Posted on 25/05/2026

Dubai residential sales hit $15.02bn in January 2026 as transactions surge 43.9 per cent

The Dubai residential property market recorded AED 55.18bn ($15.02bn) in transactions across 15,756 sales in January 2026, marking a 43.9 per cent year-on-year increase in transaction value and a 19.1 …

Posted on 25/05/2026

Dubai’s premium real estate segments are recovering despite Iran uncertainty: DAMAC Group

Ali Sajwani, Managing Director of Dubai real estate developer DAMAC Group, says there’s been a pick-up in sales in the UAE real estate market despite the ongoing Middle East war. He attributes Dubai’s …

Posted on 25/05/2026

Dubai: 8 public beaches to be reserved for families during Eid Al Adha break

A 65-member field control team will organise beach operations, ensuring top security and safety standards for beachgoers …

Posted on 25/05/2026

Dubai Police warn of $27,000 fines over trading this week

Dubai Police warned residents against the use and trade of fireworks during Eid Al Adha, which is set to run from Tuesday to Friday this week.

Posted on 25/05/2026

Dubai inmates to receive virtual calls for families abroad

Dubai Police have introduced remote visiting hours during Eid Al Adha, allowing inmates and their families to communicate through video conferences. This initiative aims to bridge distances, ensuring …

Posted on 25/05/2026

Bybit CEO Ben Zhou: Tokenization Will Reshape Global Finance Faster Than Expected at Goldman Sachs Asia Pacific FinTech Conference 2026

DUBAI, UAE, May 25, 2026 /PRNewswire/ — The next phase of global finance will be built on tokenized infrastructure that operates continuously across borders, according to Ben Zhou, Co-founder and CEO …

Posted on 25/05/2026

UAE Races To Lead Global AI Economy With Sovereign Compute And 2031 Digital Targets

UAE Races To Lead Global AI Economy With Sovereign Compute And 2031 Digital Targets . Massive investments in artificial intelligence, sovereign digital infrastructure, advanced manufacturing and finte …

Posted on 25/05/2026

Nisus Finance acquires residential property in Dubai Motor City for ₹536 crore

Nisus Finance Services Company Limited (NiFCO) on December 23, announced investment over ₹536 crore ($59.8 million) to acquire and refurbish a completed residential asset in Dubai’s Motor City, the …

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