After a 124 per cent increase since 2020, Dubai saw slight moderation in real estate price increase, slowing from 15.9 per cent growth in the first quarter to a decline of 0.3 per cent in the second …
UAE’s Phoenix Group invests in Tether’s Dirham stablecoin
Tether, a global digital asset company and the issuer of USDT stablecoin announced its plans to launch a new stablecoin pegged to the United Arab Emirates Dirham. The company is set to collaborate …
UAE’s Phoenix Group invests in Tether’s Dirham stablecoin
Tether, a global digital asset company and the issuer of USDT stablecoin announced its plans to launch a new stablecoin pegged to the United Arab Emirates Dirham. The company is set to collaborate …
Dubai teen makes history at Jr Asian Badminton Championships
Riyan Malhan, who belongs to a family of academicians, became the first player from the UAE and West Asia to win a medal at Asian championships …
Historic high: UAE’s non-oil foreign trade tops Dhs1.4tn
The UAE’s non-oil exports to its top 10 trade partners rose by 28.7 per cent, while trade with all other nations increased by 12.6 per cent.
Abu Dhabi: How to apply for health insurance for orphans, people of determination under 18 years
In UAE, different sections of society can avail the benefits it needs to make life comfortable and convenient. A huge part of overall-well being is access ..
Mubadala co-invests in UCB’s mature business in China
Mubadala Investment Company (Mubadala), the Abu Dhabi based global investment company announced on Monday that in partnership with CBC Group, …
UAE’s ‘Brands for Less’ Sold 35% Stake for $360M
Lebanese-owned and UAE-based Brands for Less Group recently agreed to sell 35 percent of its stake in its off-price retail business to US-based TJX Companies for $360 million. Read More: Dubai Metro …
UAE receives 2.7m tourist tax refund requests in H1
The Authority revealed that a total of 19.67m digital tax refund requests from tourists have been processed between the system’s initial launch and the end of the first half of 2024 (H1 2024), compared to 14.54m transactions recorded by the end of H1 2023 – a notable uptick of 35.25 per cent over a period of 12 months.
Couple jailed, fined over abusing narcotics in their house in Dubai
A team from the Anti-Narcotics Department searched the house, where a scroll containing methamphetamine had been found.
Dirco recalls Consul-General in Dubai after whistleblowers expose visa sale scam
The Department of International Relations and Co-operation (Dirco) has confirmed the recall of Consul General to Dubai, Andrew Tsepo Lebona, after whistle-blowers exposed an elaborate visa for sale …
The real reason Binance will never go public
Binance, the world’s largest cryptocurrency exchange, isn’t planning to go public anytime soon. And it isn’t because they’re sitting pretty on profits or …
Bitpanda and CoinMENA Join Forces for Crypto Expansion in MENA Region
Bitpanda partnered with CoinMENA to enhance trading efficiency and expand the range of crypto assets available to users in the MENA region.
Here’s What You Can Do in the UAE This Week
The UAE is a dynamic country offering a blend of cultural experiences, luxury indulgences, and thrilling activities. There’s always something new and exciting happening across the emirates. Here’s …
Up to 90% discount: Dubai residents have ‘one last chance’ to save big with summer deals
As the summer break ends, Dubai Summer Surprises is giving residents one final chance to avail discounts of up to 90 per cent in the ‘DSS Final Sale.’ The deals will be available on more than 550 …
Al-Futtaim IKEA expands in Abu Dhabi with a second small store format at Dalma Mall
This expansion highlights IKEA’s ongoing commitment to expanding its presence and providing functional, affordable home furnishings in the UAE …
UAE: FTA settles 2.7mln tax refund requests from tourists in H1
The figures are based on the number of refund “Tax free Tag” issued by retail stores electronically linked to the system