Abu Dhabi authorities have asked another restaurant to shut down for posing a “significant risk to public health”. Located in New Shahamah of Abu Dhabi, the restaurant has been found in violation of …
100-year leasehold plan launched for all nationalities in Sharjah land project
ASAS Real Estate, the real estate arm of Sharjah Islamic Bank (SIB), on Wednesday announced that all non-Arab nationalities will be granted the right to 100-year leasehold ownership its Al Saja’a …
Mideast Bankers Count on IPO Boom to Resume After Trade Turmoil
(Bloomberg) — The Middle East, a bright spot for new share sales for four years, faces a significant challenge from the recent volatility in equity markets and a slump in oil prices. Even so, bankers …
UAE bank investments rise to $202bn in January 2025
This represents a 16.1 percent growth compared to January 2024, according to the Central Bank of the UAE’s latest banking indicators …
UAE Digital Bank Liv commences competition with UAE Crypto Exchanges
Liv Bank, the first digital bank in the UAE, and a subsidiary of Emirates NBD on its website, has openly showcased their entrance into the crypto era competing with already regulated UAE crypto …
Sudan tells top UN court that UAE is breaching genocide convention by funding rebels
Sudan has told the United Nations’ top court that the United Arab Emirates is breaching the genocide convention by arming and funding the rebel paramilitary group Rapid Support Forces …
Sudan accuses UAE of ‘complicity in genocide’ at world court
The International Court of Justice (ICJ) is hearing a case brought by Sudan accusing the United Arab Emirates of being “complicit in the genocide” during the current civil war. The two-year conflict, …
Sudan tells World Court UAE fuels Darfur genocide
Sudan on Thursday told the International Court of Justice that the United Arab Emirates was violating the Genocide Convention by supporting paramilitary forces in Darfur and asked judges to issue …
Du unveils the “Unstoppable Network”, a digital exploration of the UAE
From the serenity of kayaking in Abu Dhabi to the thrill of a hot air balloon ride, du is set to take viewers on a digital tour that reveals a new side of the UAE – one that’s away from clichés and …
Dubai’s RTA adopts new technology for road assessment
Dubai’s Roads and Transport Authority (RTA) has adopted the latest LiDAR (Light Detection and Ranging) technology to assess the condition of roads and enhance the accuracy of data used in digital twin …
Singapore’s RV Capital Is Set to Join the Hedge Fund Influx Into Dubai
Singapore-based macro hedge fund RV Capital Management is set to open an office in Dubai, a move that will further bolster the Middle Eastern city’s credentials as a burgeoning hub for the industry.
Avaloq opens new office in DIFC for UAE expansion
Avaloq, a provider of private banking, wealth management and investment management technology, has inaugurated its new regional office in the Dubai International Financial Centre (DIFC).
How UAE-India trade corridor helps keep prices low, quality high for imports in Dubai
A trade agreement signed by UAE and India in 2022 has helped to keep the cost of imported Indian products low in Dubai, according to a local retailer. Nilesh Ved, Chairman and CEO of Apparel Group, …
Foreigners Boost 1Q Trading on Abu Dhabi Exchange to 4-Year High
The Abu Dhabi Securities Exchange witnessed a 151% surge in net foreign investment in the first quarter as it rolled out a new corporate structure, technology upgrades and a broader range of product …
Dubai’s Mashreq to work with Goldman Sachs to cater for rich clients
Dubai-based Mashreq has entered a partnership with Goldman Sachs Asset Management to offer discretionary investment services and tap growing demand for professionally managed portfolios in the Gulf.
Group 3 winner Castle Way headlines Dubai Horses In Training Sale at AED500,000
2023 Bahrain Trophy winner Castle Way topped the Dubai Horses in Training Sale on Wednesday when selling to Abubaker Kadoura for AED500,000 ( £105,195/€124,207).
Dubai’s RTA awards bridge contract to improve access to Dubai Islands
The Roads and Transport Authority (RTA) of Dubai has awarded a contract to build an eight-lane bridge over Dubai Creek. The agency said it issued the contract to offer direct access points to Dubai …