Abu Dhabi’s sovereign wealth fund, Mubadala, invests $436M in Bitcoin ETF, marking a significant move into crypto assets.
Elon Musk’s ‘Wormhole’ Tunnel Promises To Carry 20,000 People Per Hour In Dubai
The system is designed to transport more than 20,000 passengers per hour across Dubai. Elon Musk has described the planned tunnel network as a “wormhole” through the city. The Boring Company has yet to confirm which Tesla models will be used in the Loop.
Dubai Police seize 23 vehicles for tampering with number plates
Staff Reporter Dubai Police seized 23 vehicles last year, as their drivers deliberately obscured or changed the features of the number
Dubai regulator says memecoins must adhere to regulations
Dubai’s Virtual Assets and Regulatory Authority (VARA) issued a warning about the risks associated with memecoins, cautioning investors against speculative and unregulated assets. On Feb. 13, Dubai’s …
34th Abu Dhabi Desert Challenge set for thrilling showdown
In the “Ultimate” category for cars, reigning World Rally-Raid champion Nasser Al-Attiyah returns to defend his 2024 Abu Dhabi Desert Challenge title in a Dacia Sandrider. He faces tough competition …
UAE expands visa rules for Indian nationals
The United Arab Emirates has expanded the UAE visa rules to allow Indian nationals with valid visas from six new countries to enter UAE upon arrival …
UAE: Alef Education sustains strong growth in 2024, achieves revenues of $206.6mln
Alef Education Holding Plc has announced its financial results for the period ending 31st December 2024, marking the third set of results since its debut on Abu Dhabi Securities Exchange (ADX) in June …
Dubai hits highest mark in nearly 11 years on strong corporate earnings
The Dubai index jumped to its highest level in more than a decade on Friday, with the industrial and material sectors leading the charge driven by strong corporate earnings, while Abu Dhabi extended losses.
Dubai: World Governments Summit to hold next year’s edition from February 3-5
Join global leaders at the World Governments Summit in Dubai from February 3-5, 2024, to explore innovation and technology shaping future governance. Don’t miss this key event for next-generation government strategies.
Sharjah and Côte d’Ivoire discuss strengthening trade cooperation
The Sharjah Chamber of Commerce and Industry (SCCI) received a high-level diplomatic delegation from Côte d’Ivoire to discuss ways to strengthen …
Abu Dhabi’s EWEC seeks bids for 140MW Al Sila Wind project to boost UAE renewable energy capacity
The developer will enter into a long-term Power Purchase Agreement (PPA) with EWEC, the single buyer of power and water capacity and output in the Emirate of Abu Dhabi. The PPA will be structured as …
Cheyne Capital’s Hedge Fund Bets on UAE as Buffer Against Trump
Cheyne Capital’s hedge fund for Europe, the Middle East and Africa is doubling down on the United Arab Emirates as its favored equity market, saying the nation is best placed to weather turmoil …
Traditional dances steal the limelight at Sharjah Heritage Days
His Highness Dr. Sheikh Sultan Bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, inaugurated the 22nd edition …
Surfing-Gay surfer Wright to compete in UAE after assurances of safety
Twice world champion Tyler Wright will compete in the Abu Dhabi surfing event after seeking assurances from organisers that she will be in a “safe environment” as a gay athlete.Homosexuality is …
Raducanu takes Dubai wildcard amid losing run
Emma Raducanu takes a wildcard into the Dubai Tennis Championships main draw, where she will seek to end the worst losing run of her career.
‘Pig Butchering’ romance scams surge 40%, pushing crypto fraud to record $12.4bn high
A major contributor to the growth in pig butchering and employment scams is the ongoing industrialisation of the fraud ecosystem, report finds …
Sharjah Social Empowerment Foundation launches ‘Zakki’ Ramadan campaign
The Sharjah Social Empowerment Foundation (SSEF) has initiated its seasonal Ramadan campaign “Zakki,” which seeks to offer assistance to orphaned families in Sharjah as well as the central and eastern …