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Posted on 27/05/2025

UAE’s Tech Universal Ventures acquires FixSquad and ELVA11

Dubai, UAE – Tech Universal Ventures (TUV), a UAE-based investment holding firm, has acquired two high-growth technology companies— FixSquad (UAE) and ELVA11 (Sweden) —as part of its strategic push to …

Posted on 27/05/2025

4 new restaurants coming to Abu Dhabi this year

Diners, take note… One of the world’s fastest growing culinary hubs, Abu Dhabi has a fair few exciting restaurant openings in the works in 2025. Here are 4 new restaurants in Abu Dhabi you need to …

Posted on 27/05/2025

Abu Dhabi residential market shows resilience amid supply constraints

Average real estate sales rates across the Abu Dhabi market rose to Dh16,200 per sqm in Q1 2025 from Dh14,100 per sqm in Q1 2024, representing a 13.4 per cent year-on-year increase, a report showed on …

Posted on 27/05/2025

Active Abu Dhabi launches Misrah, an initiative to promote national identity and community well-being

Emirates Foundation was launched on 12 April 2005 as an initiative of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan. It is chaired by His Highness Sheikh Theyab bin Mohamed bin Zayed …

Posted on 27/05/2025

Sharjah Police refer two men to public prosecution after road rage turns violent

Brigadier Ibrahim Musabah Al Ajel, Director General of General Department of Comprehensive Police Stations, affirmed that Sharjah Police deal firmly with such incidents that do not reflect a proper …

Posted on 27/05/2025

UAE and Côte d’Ivoire to boost bilateral economic cooperation

Organised by the Ministry of Foreign Affairs (MoFA), in coordination with the Federation of UAE Chambers of Commerce and Industry (FCCI), a high-level …

Posted on 27/05/2025

Chinese, Hong Kong investors fuel Dubai property boom

In Dubai, luxury property transactions averaged $743,000 in Q1 2025, with foreign buyers, including Chinese investors, paying a premium at $1.12 million on average.

Posted on 27/05/2025

Dubai startup positions yerba maté as matcha rival in wellness beverage boom

Raji Tarabay, a senior manager at Publicis Media Group, founded his company, Yerba, in early 2025 after identifying an untapped opportunity in Dubai’s competitive wellness market for the traditional …

Posted on 27/05/2025

Dubai Chambers showcases Dubai’s competitive advantages to 60 companies from Madagascar

“Dubai’s non-oil trade with Madagascar increased by 90% during 2024, reaching a value of AED 1.3 billion.” …

Posted on 27/05/2025

ANAX Capital enters UAE financial market with First Category licence

ANAX Capital Financial Markets LLC, a Dubai-based financial services firm, marked its official launch with an exclusive event at Palazzo Versace. The evening brought together VIP guests, international …

Posted on 27/05/2025

CODE81 and Commercial Bank of Dubai sign strategic MoU

Dubai, UAE: CODE81, a leading regional technology innovator, announces the signing of a strategic Memorandum of Understanding (MoU) with Commercial Bank of Dubai (CBD). This partnership aims to …

Posted on 27/05/2025

Mashreq fecomes the first bank in the UAE to offer Aani instant payments for SMEs via Mashreq Biz app

Dubai, UAE: Mashreq, one of the leading financial institutions in the MENA region, has announced the launch of Aani Instant Payments, a new solution enabling SME businesses to collect payments from …

Posted on 27/05/2025

UAE: Minimum bank balance requirement of Dh5,000 suspended

The Central Bank of the UAE on Tuesday postponed its decision for a minimum balance requirement of Dh5,000 for retail customers of local banks. The regulator sent out a notice to all licensed …

Posted on 27/05/2025

Sharjah: Road rage between 2 drivers turns violent; legal action taken

Authorities also emphasised the necessity to avoid filming and publishing such incidents on social media, as it constitutes a legal violation that is punishable.

Posted on 27/05/2025

Abu Dhabi GDP expected to expand at 2.5% this year

Abu Dhabi’s economy is expected to grow at 2.5 per cent this year, and an average of 3.5 per cent over 2026 to 2028, underpinned by non-hydrocarbon activity rising three per cent a year, a report …

Posted on 27/05/2025

Sustainability meets heritage at this exciting new pop-up in Abu Dhabi

Luxury, tradition and more… Summer transformations – who doesn’t love ’em? While you get started on yours, the Abu Dhabi EDITION hotel is bringing to town an exciting partnership with ETHR, the …

Posted on 27/05/2025

TAQA Distribution and EMSTEEL to explore utilities framework and solutions for Abu Dhabi’s future-ready industrial sector

TAQA Distribution, a subsidiary of Abu Dhabi National Energy Company (TAQA), has signed a Memorandum of Understanding (MoU) with EMSTEEL Group, one of the largest publicly traded steel and building …

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