The United Arab Emirates’ pledge to invest $51 billion in Turkey is faltering two years after it was announced, as a rebound in Ankara’s economic fortunes emboldens local firms to hold firm on valuations and stifles deals.
Planning Europe trip this summer? Apply for your Schengen visa now
Traveling to Europe during the summer holidays has become a common affair for UAE residents, with many seeking to escape the heat and enjoy the pleasant weather, extended daylight hours, and vibrant …
Sudan takes UAE to world court over ‘complicity in genocide’
Sudan is taking the United Arab Emirates (UAE) to the International Court of Justice (ICJ), accusing it of supporting Sudan’s paramilitary Rapid Support Forces (RSF) in the civil war. Khartoum argues …
New exhibition at NYU Abu Dhabi shines light on the unseen artisans of the Freej Al Murar district
This is about giving a voice to the invisible,” explains Hadeyah Badri, one third of the Sharjah-based Mobius Design Studio that has put together a new exhibition running at NYU Abu Dhabi Art Gallery …
$90 Million Villa Sale Sets a Record on Dubai’s Jumeirah Bay Island
A custom-built villa on Dubai’s Jumeirah Bay Island has sold for AED 330 million (US$89.85 million), setting a sales record for the seahorse-shaped island. This sale significantly surpasses the …
6 Reasons Millionaires Are Moving to the UAE in Droves
High-networth individuals often move to different regions of the world to escape bad situations in their home nations, get tax breaks, start businesses, or enjoy a better quality of life. The …
184 kilogrammes of narcotics seized by Abu Dhabi Police; two Asians arrested
Abu Dhabi Police seized 184 kilogrammes of hashish from two Asian individuals in Operation codenamed ‘Secret Hideouts.’Brigadier Taher Gharib Al Dhaheri, Director of the Anti-Narcotics Directorate at …
Sheikh Zayed Grand Mosque- Abu Dhabi welcomed over 6.5 million worshippers, visitors in 2024
The Sheikh Zayed Grand Mosque Centre in Abu Dhabi welcomed 6,582,993 worshippers and visitors in the past year, marking a 20% increase compared to 2023. This included 2,259,275 worshippers and those …
Five of the most important fintech VCs investing heavily in the sector
Global investing in fintech startups is starting to see an uptick. Just this week, KPMG issued its Pulse of Fintech report for the second half of 2024. In …
Top 3 Altcoins to buy as Ripple (XRP) nears $200 billion market cap
Ripple (XRP) is approaching a $200 billion market cap, signaling growing confidence in altcoins. Investors are diversifying portfolios with assets offering innovation and growth potential. Among …
Dubai’s Emirates NBD Launches Crypto Trading for Retail Customers
Emirates NBD expands into crypto trading via Liv, enabling users to buy, store, and sell BTC, ETH, SOL, XRP, and ADA securely.
Crypto Today: Traders pile $175B into Bitcoin, XRP and AI tokens ahead of White House summit
The global crypto market capitalization increased by 6.2% in the last 24 hours as traders took on bullish positions ahead of the upcoming White House Crypto Summit on Friday. Rather than double-down …
Dubai’s Emirates NBD to Launch Crypto Services via Digital Bank Liv
Emirates NBD, a government-owned bank in Dubai, is entering the cryptocurrency market through its digital banking subsidiary, Liv.
UAE power generation from solar PV and nuclear surged in 2024, says agency
The share of power generated by low-emissions sources in the UAE grew to 35 per cent last year – up from only 3 per cent in 2019 – driven by expansion in solar and nuclear capacity, the International …
UAE, Central African Republic CEPA to boost trade beyond AED3.67 billion
Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, stated that the Comprehensive Economic Partnership Agreement (CEPA) between the UAE and the Central African Republic reflects the …
Emiratis can renew passports in 5 minutes at Abu Dhabi’s Zayed Airport
Wessam Shawky, Staff Reporter Emiratis travelling via Abu Dhabi’s Zayed International Airport (AUH) can easily renew their UAE passports if the passport …
Sharjah announces unified SMS payment format for public parking users
Sharjah on Thursday, March 6, said that the SMS payment format for public parking users has been unified across all cities in the emirate. Sharjah Municipality also said that the city code ‘KH’ …