Abu Dhabi will soon be home to a 5.2-GW solar farm – snagging the top spot on the global solar energy plant leaderboard.
President and VP discuss UAE’s development plans
UAE President His Highness Sheikh Mohamed Bin Zayed Al Nahyan on Wednesday received His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, …
HFR mobile Sets a New Standard in Digital Safety by Deploying Private 5G Network at Construction Sites
HFR mobile announced the successful deployment of its pre-integrated, end-to-end Private 5G solution at the Merck Bio Center construction site managed by Kolon Global. This project marks a significant …
Sharjah real estate: Arada launches sales of 660-home Safa project in Aljada
Sharjah real estate developer Arada has announced the sales launch of Safa, a new cluster of high-end apartment buildings located within the Aljada megaproject.
Sharjah property deals jump to Dh40 billion in 2024; citizens, expats among top investors
The demand is driven by the launch of new projects as well as the stability that the emirate’s real estate market offers to investors …
Sharjah’s real estate transactions hit record AED40 billion in 2024
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.