From UAE visa reforms and Golden Visa property rules to Dubai real estate, petrol prices, crypto tax changes and millionaire growth, here are the week’s top stories …
Reuters ties Dubai exchange Shelbit to $4 billion Iran sanctions route
An unlicensed Dubai crypto exchange, Shelbit, moved at least $4 billion since May 2024 for Iranian gambling operators and sanctioned state entities, a series …
Iran’s $4 Billion Sanctions Evasion Network: How Gambling Sites and Crypto Were Used
A Dubai-based crypto exchange allegedly processed $4 billion in crypto linked to Iranian gambling websites and sanctions evasion. Here’s how the network allegedly worked.
UAE lists 5 categories of people barred from entering the country
The UAE outlines five categories of foreigners prohibited from entry, detailing judicial and administrative deportation procedures and conditions for re-entry.
Aldar sells $408m of Yas Point homes as Abu Dhabi property demand stays strong
Aldar generated $408m in sales from the launch of The Canopies at Yas Point in Abu Dhabi, with first-time buyers accounting for 84 per cent of customers …
Sharjah introduces smart traffic diversions for Al Taawun Tunnel, Etihad Rail projects
The Roads and Transport Authority in Sharjah (SRTA) has implemented a package of qualitative traffic diversions, which achieved noticeable fluidity of …
Ghost Exchange Shelbit moved $4B in Iran sanctions funds through Dubai
Iran crypto sanctions evasion took a new form with Shelbit, a Dubai ghost exchange operating above a budget hotel that processed $4 billion for IRGC-linked wallets, Iran’s central bank, and 2,000-plus …
How illicit Iranian gambling network helped pull off $4b sanctions dodge
A Dubai-based crypto exchange serves as a hub for moving illicit Iranian money. The exchange, Shelbit, links a vast gambling network fronted by two globetrotting influencers, bitcoin mining and Iran’s …
UAE financial sector proves resilient
The UAE’s financial sector has continued to demonstrate strength and stability despite a challenging regional environment, with banks and financial …
First ‘Harry Potter’ Experience Arrives In Warner Bros. World Abu Dhabi
Four years ago Warner Bros. World Abu Dhabi rocked the industry when it announced it was developing a Harry Potter land. Potter is now making his presence felt in the park.
Bybit Adds Six xStock Assets as Collateral Across Margin Trading, Crypto Loans and Institutional Loans
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, now supports six xStock assets as collateral. The move extends collateral eligibility across three of Bybit’s core lending …
Under directives of UAE President, UAE Year of Award launches
ABU DHABI, 31st July, 2026 (WAM) — Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the UAE Year Of Award has been launched as a national recognition platform …
Reporter’s notebook: In Dubai’s sun and sand, AI, server farms, and optimism bloom
On the ground, it’s clear that the city and emirate is working hard to position itself as a tech hub for the future.
UAE free zones guide: Everything entrepreneurs and investors need to know
Selling in the UAE: A free zone company cannot sell directly to mainland customers. It needs a mainland distributor or a dual licence to do so. Where the company can operate: Mainland companies can …
Visiting UAE with children in summer? How to claim tourist visa fee waiver
The UAE have introduced a new exemption that will help families in their pockets during their visit to the country. The Federal Authority for Identity and Citizenship, ICA, has decided to waive fees …
Dubai Summer Surprises 2026 opens July 2 with 90 per cent sales, concerts and cash prizes
Citywide festival blends mega discounts, live concerts, dining deals and family fun Dubai: Dubai’s most anticipated summer festival is back. Dubai Summer Surprises (DSS) 2026 runs from 2 July to 30 …
Sharjah court convicts trio in illegal Mounjaro sales case
Three people have been convicted in Sharjah after authorities uncovered an unlicensed operation selling prescription-only Mounjaro injections through social media.The Sharjah Misdemeanours Court found …