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Posted on 10/06/2025

Dh339 million in fines as UAE launches major money laundering crackdown

The UAE is aggressively combating financial crimes, imposing over Dh339 million in penalties on financial institutions for AML/CFT failures. The Central Bank of the UAE has been actively issuing …

Posted on 10/06/2025

World Bank raises UAE growth forecast for 2025 and 2026

The World Bank has raised its economic growth forecasts for the UAE for 2025 and 2026, citing robust expansion in both hydrocarbon and non-oil sectors. This growth is expected to offset the negative …

Posted on 10/06/2025

Sharjah Islamic Bank lists $500m sukuk on Nasdaq Dubai

Sharjah Islamic Bank on Tuesday listed a $500 million Additional Tier 1 (AT1) sukuk on Nasdaq Dubai. This latest transaction brings the Bank’s total outstanding on Nasdaq Dubai to $2.5 billion across …

Posted on 10/06/2025

Abu Dhabi’s luxury property market soars in 2025 as branded residences quadruple

Abu Dhabi’s luxury and branded residences segment is experiencing record-breaking growth in 2025, with branded residence launches increasing fourfold compared to the previous year, data showed. Driven …

Posted on 10/06/2025

‘A positive step’: School principals, parents hail new Abu Dhabi policy of teaching Arabic in nurseries

Several school principals reported that they had already introduced Arabic phonics and letter recognition in kindergarten in previous years.

Posted on 10/06/2025

UAE’s large scale projects signal ambition towards a sustainable economy

The UAE remains buoyant and forward-thinking, with large-scale transformation initiatives signaling the government ambition to create a sustainable economy for citizens and visitors alike, an industry …

Posted on 10/06/2025

UAE authority warns of fake forms taking ‘exemptions’ for study abroad policy

Authorities in UAE on Tuesday warned residents of a new scam that has been making the rounds on social media. The Ministry of Higher Education and Scientific Research has said that some “unofficial …

Posted on 10/06/2025

UAE announces 10,000 air-conditioned rest shelters for delivery drivers during summer

The UAE’s Ministry of Human Resources and Emiratisation (MoHRE) has announced that more than 10,000 air-conditioned rest stations equipped with comfort amenities will be provided for use by delivery …

Posted on 10/06/2025

Madagascar Turns To UAE To Protect Economy From Trump Tariffs | Firstpost Africa | N18G

Madagascar Turns To UAE To Protect Economy From Trump Tariffs | Firstpost Africa | N18G The Indian Ocean island nation of Madagascar is rushing to protect its economy from steep tariffs by the Donald …

Posted on 10/06/2025

Dubai court rejects mother’s plea seeking partition of villa she co-owns with her son

Dubai Real Estate Court dismissed a lawsuit filed by an Asian woman seeking to cancel the co-ownership of a villa in Dubai between herself and her son, as …

Posted on 10/06/2025

Hotspots, key trends underpin Dubai real estate boom

Three standout trends, including a big uptick in branded residences, a shift to the suburbs, and luxury villa demand surge are driving Dubai’s property market buoyancy as the emirate’s economy …

Posted on 10/06/2025

Mohammed bin Rashid honours winners of fourth Mohammed Bin Rashid Al Maktoum Global Water Award

Sheikh Mohammed bin Rashid, Vice President and Prime Minister of the UAE and Ruler of Dubai, honoured the winners of the fourth Mohammed Bin Rashid Al Maktoum Global Water Award. The ceremony, at …

Posted on 10/06/2025

Dubai launches ‘Safe Water for Healthy Community’ initiative

Dubai Municipality, in collaboration with the Community Development Authority (CDA), has launched the ‘Safe Water for a Healthy Community’ initiative to enhance water system safety in senior citizens’ …

Posted on 10/06/2025

e& advances 5G-A with new record speed

Emirati-based telco e& UAE claimed a new world record by achieving an uplink speed of 600Mbps on a live 5G network.

Posted on 10/06/2025

Regulated crypto jurisdictions are rendering offshore havens obsolete

Regulated crypto jurisdictions like the UAE are replacing offshore havens as global attitudes toward digital assets shift.

Posted on 10/06/2025

The rise of regulated defi jurisdictions are closing up offshore crypto havens

For much of the last decade, offshore jurisdictions were the only option crypto startups and decentralized finance (DeFi) projects could rely on, owing to how hostile governments were to digital …

Posted on 10/06/2025

Dubai Land Department and PRYPCO announce second tokenized real estate property worth $653,000

Less than a month after the first tokenized property was sold out, PRYPCO Mint, the joint initiative between the Dubai Land Department (DLD) and …

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