Dubai Chambers has successfully held the 12th edition of its ‘Diplomatic Circle’ event. The annual gathering attracted the participation of more than 10 …
Aldar-Mubadala JV to develop $3.5bln luxury waterfront projects in Abu Dhabi
A new joint venture (JV) between Aldar Properties, Abu Dhabi’s largest listed developer, and Mubadala Investment Company, a sovereign fund, will masterplan and develop two upscale waterfront communities off Saadiyat Island and Yas Island. The combined …
Michelin Guide returns with food festival in Abu Dhabi
The second edition of the festival will take place at Emirates Palace Mandarin Oriental from November 22 onwards
UAE Central Bank cuts base rate to 4.90% following US Fed cecision
The Central Bank of the United Arab Emirates (CBUAE) has announced a reduction in its Base Rate by 50 basis points, effective from September 19. The rate, which applies to the Overnight Deposit …
UAE banking sector’s liquid assets rise to Dhs800 billion by end of Q2 this year
The UAE banking system is well-capitalised, with a total capital adequacy ratio of 18.3 per cent at the end of Q2 2024, up from 18 per cent at the end of Q1 2024 and 17.9 per cent at the end of Q4 …
Supreme Positive Momentum Continues After Strong Performance
Supreme said it delivered record organic revenue and profit growth for fiscal 2024 driven by strong consumer demand, adding that the positive momentum is continuing into the first half of fiscal 2025.
Fintech Giant Revolut Said to Be Planning Stablecoin
Crypto-friendly Revolut is said to be quite far along in creating its own stablecoin, according to two people familiar with the plan.
UAE Enforces Gender Diversity in Private Firms’ Boards
The United Arab Emirates has introduced a groundbreaking regulation requiring private joint-stock companies to include women on their boards of directors. This mandate, unveiled this week, marks a …
XRP Healthcare Magazine Unveils Groundbreaking AI Development in 4th Issue, Featuring Elon Musk
As part of the magazine’s main feature, it also explores Elon Musk’s game-changing investments in AI, which are revolutionizing ealthcare through projects like Neuralink. Musk’s advancements are …
New and Upcoming Coinbase Listings to Invest in 2024: 12 Coinbase New Coins
As one of the top crypto exchange platforms, new Coinbase listings often catch the eye of seasoned crypto enthusiasts. As meme and utility coins get their chance to become new listings on Coinbase …
20 must-try business lunches to book for a midday break in Dubai
Known for its vibrant dining scene, Dubai has a plethora of restaurants with a host of irresistible business lunches you simply can’t miss. Designed for a luxe networking experience or even to take a …
15% of DHG’s Helvetia Residences construction complete amidst Dubai’s thriving AED 5.93bln off-plan segment
Dubai’s real estate sector reached AED 8.6 billion in August 2024 with off-plan properties contributing to 69.2% of the total transactions …
Agile Managex Showcases AI Solutions at Dubai Web3 Festival
Agile Managex, a global provider of digital transformation solutions, showcased its AI-powered technologies at the Dubai AI & Web3 Festival, which took place September 11-12, 2024. The festival …
Abu Dhabi’s Mubadala, Aldar deepen ties with Dhs30bn JVs
Abu Dhabi state investor Mubadala and property developer Aldar Properties have deepened their partnership with the establishment of four joint ventures (JVs) that will own and manage assets worth more …
Dubai real estate: Off-Plan property prices stabilise after 2023 boom, says new report
Prices in high-demand locations such as Dubai Hills Estate, Business Bay, and Jumeirah Village Circle surged by 15-30% compared to the previous year, the report said …
European student community expands by 43% as Dubai’s leading educational districts attract talent from 170 countries
TECOM Group’s Education Cluster spotlights Dubai’s role in global dialogue on knowledge and innovation at EAIE Conference and Exhibition in Toulouse, France …
UAE-based Seez raises $4.2mln to expand in US market
The company’s portfolio includes Seezar, an AI chatbot designed to transform customer interactions, along with a range of advanced AI SaaS modules tailored for the automotive industry …