Startups in the Middle East and North Africa (MENA) region raised $355 million in July 2024, marking a 206% month-on-month (MoM) increase and over 260% growth year on year (YoY). This recovery comes …
World’s most futuristic motorway ‘The Spine’ to be built in Dubai with shopping mall & robo-trams running between lanes
DUBAI has unveiled breath-taking plans for the world’s most futuristic motorway with a shopping mall and robo-trams. Dubbed The Green Spine the state-of-the-art “high line” will be 40 miles long and …
Dubai Resident Gets Scammed Over Viral Dubai Chocolate
The viral Dubai chocolate has taken the world by storm, but not without its share of scams. The original creator, Fix Dessert Chocolatier, has seen a surge in demand for their famous chocolate bars, …
Before Mark Kelly became a senator, he made millions speaking and consulting
Before Mark Kelly emerged as one of the lead contenders for VP on the Democratic ticket, the former astronaut earned more than a million dollars on the speaking circuit.
D&B Properties onboards plus 20 Emirati real estate agents
Following “The new strategic partnership to support Dubai Real Estate Brokers program” with Dubai Land Department …
Saudi firm plans hydrogen-powered skyscraper in Egypt’s new capital
A Saudi-controlled real estate firm says it plans to break ground early next year in Egypt’s new capital on a $1 billion, 50-storey office tower that aims to be the first of its kind to be powered by …
E& UAE launches Fibre-To-The-Room, boosting Wi-Fi performance for high-speed internet services
Abu Dhabi: e& UAE has launched a Fibre-To-The-Room (FTTR) high-speed internet solution that supercharges the performance of in-home Wi-Fi networks.
UAE foodtech startup MealPlanet secures $6m funding, eyes Saudi expansion
UAE-based foodtech startup MealPlanet has secured $6m in a seed round. The round was led by regional venture capital firms, including Middle East Venture Partners (MEVP), AlTouq Group, Sanabil 500, …
UAE: Islamic insurance firm records Dh7.9-million profit despite April rains
Five weeks after the unprecedented weather event, Watania Takaful registered 100 per cent of the claims and most were processed within 50 per cent of the usual …
Dubai: Indian businesses top list of new companies in first half of 2024
Emirati companies joining the Dubai Chamber of Commerce during the first half of this year, a recent analysis revealed. A total of 7,860 new Indian companies registered during this period. Pakistan …
Etihad Rail unveils sustainable finance framework in green push
Etihad Rail said its sustainable finance framework was developed in collaboration with First Abu Dhabi Bank and Standard Chartered Bank.
Dubai Summer Restaurant Week 2024 offers discounts at top eateries
Dubai diners will be sitting down to cut-price food at the city’s top eateries as Summer Restaurant Week returns from August 23 to September 1. The Dubai Summer Surprises (DSS) 2024 event will see …
UAE national banks lend $13.48bn to private sector in 5 months
Credit facilities provided by the UAE national banks to the private sector reached AED49.5 billion ($13.48 billion) during the first five months of 2024, raising the cumulative total to AED1.182 …
Dubai World Trade Centre hospitality division reports 140% increase in guest catering
Dubai World Trade Centre (DWTC) has announced growth of 140 per cent in catering to external events by its hospitality business in the first half of 2024. The results cement its position as a premier …
UAE self-gifting surges 15% as consumers seek emotional support, study reveals
Flowwow said it recorded an impressive 15 percent increase in self-gifting among UAE consumers on a year-on-year basis in the first half of 2024. Experts at Flowwow said the self-gifting phenomenon …
6 months in jail, up to Dhs500,000 fine for disclosing secrets, invading privacy in UAE
It is a crime to record, broadcast or disclose conversations, communication, audio or video material, take, reveal or retain images of others, publish news, electronic or photographic images, scenes, …
Middle East CrisisHamas Says It Will Not Take Part in New Round of Cease-Fire Talks
The United States, Qatar and Egypt are pressuring Israel and Hamas to reach a deal in negotiations on Thursday.