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Posted on 02/07/2026

UAE off-plan homebuyers to get preferential mortgage rates under new Sobha-NBQ deal

Eligible buyers of Sobha Realty off-plan homes in the UAE will receive preferential mortgage rates and financing terms under a new partnership with NBQ …

Posted on 02/07/2026

Dubai’s crypto regulator hits major milestone with 50th licence

The regulator said the milestone reflects more than the number of licensed firms, highlighting Dubai’s growing appeal as a destination for regulated virtual asset businesses …

Posted on 02/07/2026

Abu Dhabi Biobank and Bascom Palmer Eye Institute partner to establish the Middle East’s first Eye Bank in Abu Dhabi

Abu Dhabi Biobank and Bascom Palmer Eye Institute partner to launch the Middle East’s first Eye Bank, based in Abu Dhabi. The facility will reduce reliance on imported donor corneal tissue and build …

Posted on 02/07/2026

VARA issues 50th VASP licence as Dubai’s regulated virtual assets market continues to grow

Its licensed market now includes firms operating across a range of business models, services and stages of the virtual asset value chain …

Posted on 02/07/2026

UAE tax warning: Businesses face hidden e-invoicing trap ahead of new deadline

Businesses in the UAE have been issued a warning over a compliance gap emerging with the country’s new e-invoicing legislation. The voluntary phase of e-invoicing began on Wednesday and confidence is …

Posted on 02/07/2026

ADCB says banking services temporarily disrupted by maintenance

Bank says essential maintenance has temporarily disrupted banking services across its network, with technical teams working around the clock to restore operations as quickly as possible while …

Posted on 02/07/2026

Sharjah extended paid parking hours starts from today

Sharjah extends paid parking hours until midnight across Sharjah, Kalba, Khor Fakkan and Al Dhaid, keeping Fridays and public holidays free, to improve availability and reduce congestion …

Posted on 02/07/2026

Abu Dhabi’s construction sector moves into a higher‑value phase

Abu Dhabi’s construction sector shows significant growth, driven by advanced technologies and greater private-sector involvement …

Posted on 02/07/2026

UAE end-users drive new property cycle as Dubai residents choose long-term homes

Strong investor demand has helped shape the UAE property market for years, driving record transaction volumes and attracting buyers from around the world. Today, however, another trend is emerging as …

Posted on 02/07/2026

India extends UAE gold import quota authorisations till September 30

Government extends India-UAE gold TRQ validity to September 30, easing import timelines, while DGFT reviews wheat flour export quotas and seeks utilisation data.

Posted on 02/07/2026

Etihad Rail Dh10 shuttle buses in Abu Dhabi: Routes, timings and how to book

As Etihad Rail rolls out its introductory passenger services in the UAE, the network has released comprehensive travel guidelines to help passengers navigate the new service. The initial route will …

Posted on 02/07/2026

Dubai Plots a Postwar Comeback That Repairs Its Shattered Image

U.S.-Iran peace talks are lifting hopes for a city-state that depends on outside money, but a full economic recovery is expected to be slow.

Posted on 02/07/2026

UAE announces petrol and diesel prices for July 2026; fuel rates cut after four months of hikes

UAE motorists can finally breathe easier as fuel prices for July 2026 see a significant drop, ending a four-month surge. This welcome relief follows a cooling in global oil markets, with diesel prices …

Posted on 02/07/2026

Dubai Selects Teams for Key Contracts of $22B Sewer Tunnel Megaproject

The emirate’s government recently picked two consortia for major packages in the Dubai Strategic Sewerage Tunnels project, a public-private venture to modernize and upgrade Dubai’s wastewater handling …

Posted on 02/07/2026

UAE says protecting children must be at core of social media policies

Event held in Dubai to promote ‘safer environment for our children’ online …

Posted on 02/07/2026

UAE central bank restrictions may dampen NRI dollar mobilisation

New UAE Central Bank rules are creating hurdles for Indian banks seeking to attract NRI dollar deposits. Restrictions on representative offices, including documentation support and cross-selling, are …

Posted on 02/07/2026

Cover in Dubai, dollars in India, foreign banks are ready to play

Overseas banks are finding a clever way to tap India’s dollar demand without exceeding exposure limits. They’re asking Indian banks to issue guarantees, known as SBLCs, from their Singapore or UAE …

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