Description: This Fintech Note aims to analyze how the issuance of central bank digital currency (CBDC) could affect monetary operations, which include central banks managing the demand and supply of …
World’s 50 Best Bars 2024: These two Dubai bars made the list
Mimi Kakushi retains its place as the best bar in the Middle East and Africa… The prestigious World’s 50 Best Bars ceremony, held in Madrid on Tuesday October 22, unveiled the top 50 bars, with Dubai …
UAE-Based PRYPCO Secures US$10 Million Seed Round
UAE-based proptech PRYPCO has pocketed $10 million in a seed funding round led by Shorooq Partners, with participation from Apparel Group and other investors. This investment will enable PRYPCO to sca …
Arada launches $1.4bn Dubai Harbour W Residences branded real estate project with over 400 apartments now on sale
Arada has unveiled W Residences at Dubai Harbour, an iconic new three-tower luxury seafront branded real estate development. Launched in collaboration with Marriott International, more than 400 …
Hubpay shakes up financial risk management for UAE businesses with the first fully automated hedging platform
Dubai, UAE – Hubpay, the leading fintech company specializing in digital foreign exchange (FX) solutions has launched the UAE’s first fully automated hedging platform that will minimize SMEs exposure …
UAE’s Pro-Crypto Stance Grows Stronger with New DAO Legal Framework
The UAE’s crypto-friendly stance and favorable regulations position it as a global leader in blockchain innovation, attracting both emerging and mature DAOs.
Where to watch Asian Champions League in Dubai (to see Cristiano Ronaldo tonight)
Asian Champions League sees 24 of the best clubs in Asia battle it out for regional and continental bragging rights. Stars like Cristiano Ronaldo and Neymar play in it …
Unforgettable experiences await at Al Maha Desert Resort & Spa
Nestled amidst the golden dunes of Dubai lies Al Maha, a Luxury Collection Desert Resort & Spa – your gateway to a transformative escape. This haven of tranquility boasts 42 exquisite villas, each a …
Dubai’s Parkin announces new paid parking system for Mall of the Emirates, 2 others
Parkin Partners with Majid Al Futtaim to Introduce Barrierless Parking at Top UAE Malls. Parkin Company — Dubai’s primary paid public parking service providern — on Wedneday a …
Anyone sending money to India from UAE offered ‘golden’ Diwali incentive
Until Thursday October 31, anyone who uses Careem Pay to transfer Dhs50,000 or more in remittance to India will be rewarded with a gold voucher worth one gram of 24-carat gold based on the rate from …
UAE’s Mubadala Capital closes fund with commitments of over $3bln
Mubadala Capital has closed its fourth private equity fund, MIC Capital Partners IV (Fund IV), with total commitments of $3.1 billion, well above its initial target of $2 billion.
Dubai real estate: Palm Jumeirah villa sells for AED130mn
AHS Properties’ Searenity is the last of five ultra-luxury redeveloped villas in Dubai. Dubai real estate: Palm Jumeirah villa sells for AED130mn. 2024 trends in real estate, AHS Properties, Business, …
6G: The next steps in wireless tech are on the horizon
So what’s next? 6G. In reality, 6G isn’t any one thing. It’s a classification of a new generation of tech advancements. The term emerged into the common lexicon with “3G tech,” which led …
Samsung launches the Galaxy Tab S10 series in the UAE
Samsung has introduced the Galaxy Tab S10 Ultra and Galaxy Tab S10+ in the UAE. These new devices mark a significant step forward, integrating advanced AI capabilities designed to enhance …
Dubai real estate: Luxury Palm Jumeirah villa sold for $35.4m
Dubai real estate developer AHS Properties has announced the sale of its Searenity ultra luxury villa in Palm Jumeirah for AED130m ($35.4m). Searenity is the last of five villas that AHS Properties …
UAE-Based Lulu Retail Gets Set For IPO In Abu Dhabi
UAE-based Lulu Retail Holdings PLC (Lulu Retail) has announced an initial public offering (IPO) that will see it list its shares on the Abu Dhabi Securities Exchange (ADX). Lulu Retail, a major …
IMF hikes UAE’s GDP growth forecast to 5.1% for 2025
This comes as IMF raised the Emirates’ 2024 growth forecast earlier in May on the back of strong economic growth …