Abu Dhabi, the oil-rich capital of the United Arab Emirates (UAE), is making significant moves in the artificial intelligence (AI) and semiconductor industries. With a history of ambitious, yet …
Bitcoin miner Phoenix surges 50% after $371M Abu Dhabi IPO
Phoenix Group stock has soared 50% from the IPO price of 1.5 AED shortly after the trading debut on the Abu Dhabi Securities Exchange.
Continuing engagement with Israel is ‘very critical,’ UAE trade official says
Thani Al Zeyoudi, United Arab Emirates minister of state for foreign trade, discusses the country’s trade agenda.
COP28 president hits back at climate denial claims
The talks in Dubai, United Arab Emirates, are aiming to make progress on climate change. Mr Jaber made the initial remarks on 21 November in an online event with Mary Robinson, the chair of the Elders group and a former UN special envoy for climate change.
Yet-to-be-built Dubai penthouse sells for record $136 million
A five-bedroom penthouse has sold in Dubai for 500 million UAE dirhams — setting a new record for one of the world’s busiest luxury real estate markets.
UAE National Banks’ pledge to mobilise over AED 1trln in sustainable finance, reaffirming UAE leadership’s goals: UBF
UAE Banks Federation (UBF), the sole representative and unified voice of banks in the UAE, reaffirmed its commitment to support UAE’s goals by pledging to mobilise over AED 1 trillion, which represents more than US$ 270 billion,
Curbing powerful methane emissions is big focus at COP28 climate summit
At the global climate summit this weekend, the Environmental Protection Agency unveiled final rules to cut methane from oil and gas operations. The agency estimates it will cut 58 million tons of methane emissions from 2024 to 2038.
12 Dubai date night ideas – from classic romance to all-out-fun
Dubai is all heart when it comes to romantic nights out. Whether it’s a first date or a special occasion, there are plenty of ways to shake up your usual date night, from bowling and retro arcade …
Welcome the festive season at Radisson Blu Hotel, Dubai Deira Creek
If you’ve yet to find the perfect venue for your celebrations, Radisson Blu Hotel, Dubai Deira Creek is the place to be. With an incredible range of culinary experiences and a stunning venue, this …
Abu Dhabi Convention & Exhibition Bureau delegation attends ICCA Congress 2023 ahead of hosting the event next year
Abu Dhabi, UAE – The Abu Dhabi Convention & Exhibition Bureau (ADCEB), part of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), sent a delegation to the 62nd International Congress …
Crypto Firm Phoenix Jumps 50% After $371 Million Abu Dhabi IPO
Cryptocurrency mining hardware retailer Phoenix Group Plc soared as much as 50% on its Abu Dhabi debut after an initial public offering that raised 1.36 billion dirhams ($371 million). The shares …
DCT Abu Dhabi launches inaugural Emirati Hospitality Ambassadors Forum
The event saw the participation of DCT Abu Dhabi leadership and over 80 Emirati tourism professionals from across the sector, representing diverse roles such as tour guides, agents, marketers, and …
Dubai: 50-storey tower to rise along Sheikh Zayed Road as Aqua Properties invests Dh3 billion in projects
UAE-based Aqua Properties will launch two projects worth Dh3 billion in the next six months, responding to a high demand for off-plan units in the country,..
Trading commences on the Dubai Financial Market’s carbon credits pilot platform
Dubai: The much-awaited carbon credits trading pilot by Dubai Financial Market (DFM) will go live today, debuting at the COP28. Institutional investors will be able to buy and sell with starting today …
UAE Founding Father Sheikh Zayed COP28; Bitcoin breaks $40,000; Saudi tax warning – 5 trending stories to read today
On Saturday, Sunday and Monday, Arabian Business covered some of the most happening stories in the region, which included Bitcoin breaking $40,000 as it reaches 19-month high, UAE Founding Father …
My Dubai Salary: ‘I earn up to Dh30,000 a month as a FinTech co-founder’
Sulochana Betwala is the chief operating officer and co-founder of digital payment app Totl, which helps customers and businesses through cashback rewards and e-vouchers. Totl is based in the Dubai …
Critics rip Jeff Zucker’s deal to buy UK Telegraph, call backer UAE a ‘sexist regime’
Ex-CNN boss Jeff Zucker’s buyout firm is pressing ahead with a bid to buy UK newspaper Daily Telegraph — even as critics slammed the “sexist regime” of his financial