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Posted on 29/04/2025

UAE: Saudi travel firm Almosafer aims to launch IPO by year-end or early 2026, says CEO

Saudi Arabia’s travel company Almosafer – part of Seera Group – aims to go public by the end of this year or early next year, its chief executive said.“We’re still on track for IPO sometime in the …

Posted on 29/04/2025

Rooted in the region: Rotana strengthens UAE and Saudi Arabia presence with 12 new hotels

These properties are part of a larger development pipeline that will bring Rotana’s total KSA presence to 20 hotels by 2027. The projects span commercial zones, heritage districts, and family travel …

Posted on 29/04/2025

5 wonderful things to do in Abu Dhabi this week: April 29 to May 1

As we bid farewell to April in Abu Dhabi… April is nearly coming to an end, and as we close off the month this week, we can guarantee that the fun never stops in the capital. Take your pick from this …

Posted on 29/04/2025

UAE’s largest lender FAB beats profit view on investment banking, markets growth

First Abu Dhabi Bank (FAB) , the United Arab Emirates’ biggest lender by assets, on Tuesday beat first-quarter estimates, driven by strong growth in non-interest income including investment banking …

Posted on 29/04/2025

UAE’s FAB profit beats estimates on strong growth in non-funded income

First Abu Dhabi Bank (FAB), the United Arab Emirates’ biggest lender by assets, beat first-quarter profit estimates on Tuesday, boosted by strong growth in non-interest income from fees and …

Posted on 29/04/2025

A British man has been kept in a Dubai jail for 17 years and we need answers

Ryan’s birthday this week is the anniversary of his arrest – and should have been the anniversary of his release from prison one year ago.

Posted on 29/04/2025

UAE: Wellness to boom in region, drive travel, experts say

Wellness has become one of the most important factors that has been driving travel across the region and the world, according to commentators at the Arabian Travel Market (ATM) that began in Dubai on …

Posted on 29/04/2025

Axie Infinity investor Animoca plans to fund UAE start-ups as it debuts in Middle East

Venture capital and software company Animoca Brands is planning to set up funds for UAE start-ups as it makes its debut in the Middle East, its newly-appointed regional head has said. The Hong …

Posted on 29/04/2025

UAE: Meet sailor who got her first captain license at 21, braved the mid-2000s Tsunami

The Gulf region, particularly the UAE, is rapidly establishing itself as a prime cruising ground for yachts. That’s according to Captain Patricia Caswell, General Manager of Gulf Craft Services.

Posted on 29/04/2025

Sharjah Museums Authority showcases cultural innovation at Arabian Travel Market 2025

The Sharjah Museums Authority (SMA) is participating in the ongoing Arabian Travel Market (ATM) 2025, highlighting the emirate’s growing role as a leading destination for cultural tourism, and …

Posted on 29/04/2025

Three Abu Dhabi Giants Plan Stablecoin Backed by UAE’s Currency

Three major Abu Dhabi entities, including a sovereign wealth fund, plan to launch a stablecoin fully regulated by the central bank of the United Arab Emirates and backed by the dirham, a move that …

Posted on 29/04/2025

Costco’s New Dubai Chocolate Ice Cream Bars Have Customers Divided—Here’s Why

W e are officially in our Dubai chocolate era. Even though the trend gained notoriety a year ago, it shows no signs of slowing down anytime soon. After all, you can’t really go wr …

Posted on 28/04/2025

Abu Dhabi doubles down on crypto as wealth fund, FAB, IHC join forces for new stablecoin

By Federico Maccioni DUBAI (Reuters) -Abu Dhabi sovereign wealth fund ADQ, conglomerate IHC, and the UAE’s biggest lender by assets First Abu Dhabi Bank (FAB) are planning to launch a new stablecoin …

Posted on 28/04/2025

Over 1,000 Emiratis genetically tested before marriage as part of UAE’s mandatory program

The decision to mandate genetic testing was announced in December 2024 by the UAE’s Ministry of Health and Prevention (MoHAP).

Posted on 28/04/2025

Sharjah Chamber discusses enhancing economic, investment cooperation with Kuwait

The Sharjah Chamber of Commerce and Industry (SCCI) engaged in discussions with a high-level diplomatic delegation from the State of Kuwait, exploring avenues for enhancing economic and trade …

Posted on 28/04/2025

Abu Dhabi sovereign wealth fund teams up with FAB, IHC to launch new stablecoin

Abu Dhabi sovereign wealth fund ADQ, conglomerate IHC, and the United Arab Emirates’s biggest lender by assets First Abu Dhabi Bank (FAB) are planning to launch a new stablecoin backed by dirhams, …

Posted on 28/04/2025

Lawyers file legal complaint over the detention of an Egyptian poet and activist in the UAE

Lawyers for an Egyptian poet and activist who has been allegedly detained and held in solitary confinement without charge in the United Arab Emirates for over 100 days have filed a legal challenge in …

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