Sharjah Islamic Bank (SIB) has successfully priced US$ 500 million perpetual Additional Tier 1 sukuk with a fixed profit rate of 6.125 percent and a six-year non-call period, making a mark as the …
4 unmissable shows in Abu Dhabi this June 2025
Summer what? While this might officially be “slow season”, the entertainment calendar in Abu Dhabi refuses to sleep. From hilarious comedians to winning musicals to superstar composers, there’s plenty …
Abu Dhabi Investment Office, Metal Park to establish Industry 4.0 Competence Centre in Abu Dhabi
The Abu Dhabi Investment Office (ADIO), in partnership with Metal Park Investment ME Ltd, announced the establishment of a dedicated Industry 4.0 Competence Centre in Abu Dhabi.The advanced technology …
Yango Group expands ‘Points’ loyalty program to Abu Dhabi with valuable rewards for rides
Exclusively available to subscribers of Yango Play, the program offers users the opportunity to earn cashback in the form of Yango Points every time they complete a Comfort-class ride using a cashless …
Dubai’s stock index snaps five-day winning streak as Fitch flags property woes
Most Gulf stock markets settled lower on Thursday, with Dubai’s main index snapping five consecutive sessions of gain, after ratings agency Fitch warned that the real estate prices of the emirate are …
Sharjah hit-and-run arrest: Dash cams, social media can deter reckless driving, say experts
When a Sharjah motorist caused a three-car crash and fled the scene earlier this week, the driver might have assumed the act would go unnoticed. Instead, within hours, a viral clip showing the …
The results of the Abu Dhabi Quality of Life Survey are in – and it’s good news
Here’s the breakdown: a whopping 93.6 percent of people say they feel safe walking alone at night (no surprise, since Abu Dhabi is still the world’s safest city according to global indicators) and …
Abu Dhabi Department of Energy unveils strategic framework for energy, water sector through 2050
The Abu Dhabi Department of Energy (DoE) announced its comprehensive strategic framework for the energy and water sector through the year 2050.The announcement was made during its participation in the …
Dubai real estate prices likely to face double-digit fall after years of boom, Fitch says
Dubai’s real estate market prices are likely to face a double-double-digit fall in the second half of the year and in 2026, ratings agency Fitch said in a report on Thursday, marking a sharp turn …
12 fantastic things to do in Dubai this weekend: May 30 to June 1
Another weekend, another things to do in Dubai this weekend listing… The transition between May and June – there’s loads of things to do this weekend in Dubai, from discovering new foodie concepts to …
Dubai Municipality and Dubai Land Department bring together leading developers
Initiative supports Dubai 2040 Urban Master Plan and Greenery Strategy to enhance quality of life.
Elon Musk tried to derail OpenAI-led UAE deal, pressured Trump for xAI role: Report
Elon Musk reportedly tried to block an AI partnership between OpenAI and the UAE unless his startup xAI was included. The deal, led by OpenAI and major tech firms, aims to build a large AI data center …
UAE: Eid Al Adha 2025 holidays for private sector announced
Private sector employees in the UAE will receive a four-day holiday for the upcoming Arafah Day and Eid Al Adha in June, starting from 9 Dhul Hijjah …
Is ChatGPT Plus free for UAE residents? Here’s the truth
Your brain’s new best friend might be free soon… Social media is buzzing up with claims that ChatGPT Plus, the premium version of OpenAI’s AI chatbot — is now free for everyone in the UAE. But is it …
UAE: How AI is hiring employees, cutting processing time from hours to minutes
One said the technology also assesses which candidates are most likely to stay. ‘It doesn’t just help you hire; it helps you think about how to retain them’ …
Alleged Kinahan gang member extradited from Dubai
Sean McGovern, one of the alleged most senior members of the Kinahan organised crime gang, has been extradited from the United Arab Emirates.He was arrested by Dubai police in October after the …
Kerala Man Hits Rs 8.5 Crore Jackpot For 2nd Time In Dubai Lottery
An Indian man living in the UAE won $1 million in the famous Dubai Duty-Free Millennium Millionaire competition, his second win in less than ten years.