The company’s listing was done through BurTech Acquisition Corporation, a Special Purpose Acquisition Company (SPAC) owned by BWI with a valuation of $1.2 billion …
Drake & Scull’s former CEO and ex-employee ordered by court to pay $41.3m
Dubai-based contractor Drake & Scull International’s former chief executive and a former employee have been ordered by a court to pay the company Dh151.9 million ($41.3 million) to compensate for …
UPI acceptance in UAE expands: Indian travellers can now use UPI at more locations
Indian travellers to the UAE can now use the Unified Payments Interface (UPI) at an expanded range of merchant locations, following the partnership between NPCI International Payments Limited (NIPL) …
UAE’s top lender FAB makes changes to senior management team
First Abu Dhabi Bank (FAB), the UAE’s top lender by assets, has started the year by making key changes to its leadership structure. Zawya has learnt that the bank has sent out a notification to its …
Deribit options exchange is evaluating buyout offers: Report
Cryptocurrency options exchange Deribit hasn’t been put up for sale, but management is listening to offers, according to Bloomberg.
Alta unveils Mr. C Residences Downtown in Dubai, second project in the emirate
The company’s residential portfolio includes Mr. C Residences in Coconut Grove, Miami, Florida, West Palm Beach, Florida, and Jumeirah, Dubai …
DMCC and REIT Development unveil landmark Crypto Tower in JLT
DMCC and REIT Development announce construction of 17-storey Crypto Tower to support DMCC’s rapidly growing community of blockchain, DeFi and Web3 companies …
Sharjah Police return over AED32 million to rightful owners in 2024
SHARJAH, 15th January, 2025 (WAM) — Sharjah Police General Command successfully recovered over AED32 million in 2024, through its “Reconciliation is Better” initiative. This effort aimed to resolve …
Proposals, surprise cameo by Chris Martin’s dad: 10 viral moments from Coldplay Abu Dhabi shows
W hat a week it has been for the UAE capital! With four back-to-back sold-out shows from January 9 to January 14, Chris Martin and his bandmates brought their trademark trifecta o …
Dubai population rises to over 3.8 million, marks highest increase since 2018
At daytime, the number of people in the city increases by one million more as residents of other emirates flock to Dubai for work, business, and meetings …
NSCDC nabs two suspects for alleged vandalism in Kogi
Two suspects have been arrested by the Nigeria Security and Civil Defence Corps, NSCDC, for alleged vandalism in Kogi State. In a statement signed by the Public Relations Officer, NSCDC, Kogi State …
MBRCGI and Cambridge Collaborate to Empower the Next Generation of UAE Government Innovators
The program reflects the UAE’s strategic vision and commitment to enhance transformative change in government operationsShaping the future Public Sector Innovation and positioning the UAE as a global …
Small town investors take fancy to Dubai property
Property developers in Dubai are noticing a significant rise in inquiries from residents of smaller Indian cities due to escalating property prices in Delhi and Mumbai. Indians, especially from Tier 2 …
UAE: Sharjah Police Return Nearly Dh33 Million To Individuals, Resolve Financial Disputes
Nearly Dh33 million have been successfully returned to their rightful owners through Sharjah Police’s Peace is Goodness initiative in 2024, Shar …
UAE: Paid Parking Announced In Sharjah’s Kalba City Starting February 1
Sharjah’s Kalba city will start implementing the paid parking system starting February 1, the Kalba municipality announced on Tuesday.
BEEAH announces Middle East’s first waste-to-hydrogen plant in Sharjah
In collaboration with the Ministry of Energy and Infrastructure (MoEI) and Chinook Hydrogen from the UK and Air Water Inc. from Japan, the plant is expected to unlock a new avenue for the production …
Dubai court orders Drake and Scull’s ex-CEO, official to pay Dh152-million compensation
DSI shares rose 1.38 per cent at the opening of the markets on Wednesday, becoming the most active stock in the early trade …