Fractal Marine DMCC announces its decision to initiate liquidation proceedings. The Fractal Group remains steadfast in its commitment to upholding international standards and compliance protocols, …
Gulf oil giants Saudi Aramco, Adnoc set sights on lithium
Saudi Arabia and the United Arab Emirates’ national oil companies plan to extract lithium from brine in their oilfields, in line with efforts to diversify their economies and profit from the shift to …
AWE2024 is Upon Us. Here’s What to Expect
AWE2024, a top tech event of the global household appliances and consumer electronics industry, is set to kick off at Shanghai New International Expo Center on March 14 under the theme of Smartize the …
Flash News: OKX Lists Aevo Token on its Spot Market
OKX today announced that it will list the Aevo DEX’s token, AEVO, on its spot market on March 13 at 10:00 AM (UTC). This addition will enable users to trade AEVO against USDT via the AEVO/USDT spot …
Aman Dubai Could Be City’s Priciest Hotel: See How it Compares
During the unveiling of the Aman Dubai this week, chairman and CEO Vlad Doronin said it will “probably” be the most expensive hotel in the UAE. That’s saying a lot in Dubai – a city already home to …
Dubai hotel occupancy and average room revenue up in February 2024
Dubai hotels achieved a 3.4 per cent year-on-year growth in occupancy levels, reaching 90.8 per cent, according to preliminary data for February released by CoStar, a leading provider of global real …
Coffee brand Southpour, by the people behind Pickl, opens in Dubai
Southpour has opened its first branch in City Walk right next to homegrown favourite burger joint Pickl. The new shop claims it will reshape the locally roasted coffee scene with the reigning barista …
Telegraph takeover: News Corp and Mail owner consider joining UAE-backed bid
Rival media groups would dilute RedBird IMI’s stake amid opposition from Tory MPs and peers …
UAE sees over 25% growth in international card spending in 2023
Total spending using international cards in the UAE witnessed a growth of over 25% during the year 2023.J.K. Khalil, General Manager, MENA East, Mastercard, told Emirates News Agency (WAM) that …
UAE Restaurant Mimi Kakushi Serves One Of The Coldest Martinis In The World
Chill out with Mimi Kakushi’s Koro Kakushi Ice Ceremony, a Japanese-inspired frozen martini experience – innovation meets mixology sophistication.
Satellite surveillance of methane pollution worldwide kicks off
The first satellite launched by a nonprofit organization is now circling the globe getting ready to deliver data on methane pollution from oil and gas facilities worldwideThe MethaneS …
UAE weather warning: Dubai moves to yellow alert
It’s been a strange weekend for the weather in Dubai with lengthy storms, water lying on the roads and lightning over Burj Khalifa filling your Instagram feeds. A storm has battered much of the UAE …
Dubai’s $429 Million Parking IPO Sells Out Within Minutes
(Bloomberg) — The Dubai government’s latest initial public offering sold out as soon as books opened, with investors rushing to snap up shares in the city’s public-parking business.
The UAE’s second largest political trial is underway. No one is sure who is being tried
There are no names. There is no detail. There is nothing.” In early December, all eyes were on the UAE, which was hosting the Cop28 climate talks. As tens of thousands of delegates converged in …
Abu Dhabi’s $892 Billion Wealth Fund Boosts Private Credit Bets
Abu Dhabi’s $892 billion sovereign wealth fund is upping its commitment to a real estate private credit fund, the latest sign that deep-pocketed Middle Eastern investors are looking to play a pivotal …
Cheyne Capital wins investment from Abu Dhabi’s ADIA for real estate debt fund
Cheyne Capital has secured investment from a subsidiary of Abu Dhabi’s biggest sovereign wealth fund for its European real estate debt fund, according to a joint statement on Tuesday, as appetite from …
Dubai: Golden Visa demand prompts investors to raise budget, developers to increase unit sizes
Demand for properties valued at Dh2 million has massively increased in the wake of Dubai dropping the requirement of a minimum down payment of Dh1 million ..