In November 1976, the United Arab Emirates was on a date with the birth of the Emirates News Agency, as a news and knowledge media entity that expresses the country, and on June 18, 1977, “WAM” …
Abu Dhabi’s cryptomining firm Phoenix Group enters Africa with power purchase deal
Abu Dhabi-listed cryptomining and blockchain conglomerate Phoenix Group has struck an 80-megawatt (MW) power purchase agreement (PPA) in Ethiopia, it said on Wednesday, as it pursues a global …
I’ve lived in Dubai and started 2 companies in Singapore. Here’s how the cities compare on luxury lifestyle, business, and vibe.
Alessandro Palombo told BI Dubai and Singapore are both great cities for doing business, but a luxury lifestyle can look very different in each hub.
Sheikh Hamdan says trade is the lifeblood of Dubai’s economy
Staff Reporter Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of …
Mohammed bin Rashid orders payment of AED33m bonus to taxi plate owners in Dubai
Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of RTA thanked Sheikh Mohammed bin Rashid for rewarding taxi plate owners, who are part of the fixed income group, …
Millionaires in Dubai make everyone else feel poor
At a Tikki-themed bar in Dubai early last year, a man claiming to be a Scandinavian real estate millionaire ordered a round of tequila cocktails while yelling his formula for success in my ear (“fame, …
UAE gold reserves reach $6.7bn
The gold reserves of the Central Bank of the United Arab Emirates (CBUAE) surged by 34.8 during the first 10 months of 2024 reaching AED24.464bn ($6.7bn) by the end of October 2024.
Ajman Bank achieves its highest annual profits in history at Dh440 million, with a growth of 213%
Ajman Bank on Wednesday that it delivered its highest annual profit before tax in its history of Dh440 million for 2024, with a growth of 213 per cent comp..
UAE introduces multi-entry visit visa for family and friends in 2025
The United Arab Emirates (UAE) has updated its visa policies by introducing a new multi-entry visit visa aimed at individuals …
Saudi Arabia achieves a record number of venture capital deals
Riyadh, Saudi Arabia – The “2024 Saudi Arabia Venture Capital Report” revealed that Saudi Arabia achieved a record number of 178 venture capital (VC) deals in 2024, accounting for 31% of the MENA …
Oraseya Capital tops the list of investors in the UAE and MENA region for 2024, according to MAGNiTT
Dubai, UAE: Oraseya Capital, the investment arm of Dubai Integrated Economic Zones Authority (DIEZ), has been recognized as the most active investor by number of deals in the UAE for 2024, according …
Saudi Arabia leads region with 178 venture capital deals last year
Saudi Arabia achieved a record number of 178 venture capital (VC) deals in 2024, accounting for 31 per cent of the MENA region’s total number of deals.
Coinbase CEO Brian Armstrong: It’s really the dawn of a new day for crypto
Coinbase co-founder and CEO Brian Armstrong joins ‘Squawk Box’ to discuss the state of the cryptocurrency landscape, what to expect under the new Trump administration, his thoughts on meme coins, 2025 …
House of Hype: a new era of entertainment in coming to Dubai Mall
Dubai has long been synonymous with pushing the boundaries of innovation and entertainment. The city’s latest offering, House of Hype, located in the vibrant Chinatown section of Dubai …
15 of the most delectable burger spots in Dubai
From glorious patties to juicy fries, there’s an array of delicious burger joints in Dubai that we’ll surely be savouring from.
New bridge directly connecting Sheikh Zayed Road to Mall of the Emirates is now open in Dubai
a direct access spanning 300 metres and leading to Mall of the Emirates, in a… — RTA (@rta_dubai) January 11, 2025 The newly opened bridge allows drivers from Abu Dhabi and Jebel Ali direct access to …
Sharjah Real Estate Exhibition “ACRES” 2025 kicks off
Sharjah: The Sharjah Real Estate Exhibition “ACRES 2025” commenced today, Wednesday, marking its largest edition since its inception. The exhibition is organised by the Sharjah Chamber of Commerce and …