His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, chaired the second meeting of the permanent executive committee of the Sharjah Higher Council for …
UAE launches emergency airport plan amid travel disruption
The UAE Federal Authority for Identity, Citizenship, Customs, and Port Security activates emergency business continuity plan …
Dubai: Mega Palm Jumeirah plot sells for staggering $100 million
This landmark deal is indicative of a broader trend witnessed throughout 2025, as Dubai continues to achieve unprecedented milestones in its real estate sector.
Dubai’s office market sets new records in first quarter
While ready offices still dominate the sales market, off-plan transaction values rose a staggering 741 per cent – nearly eightfold – to reach a new high of Dh800 million in Q1 …
BOHO GROUP: How Two Cousins Built Dubai’s Fastest-Growing Women-Led Conglomerate in Just 10 Months
In the heart of Dubai’s dynamic business landscape, a remarkable story of passion, ambition, and legacy is unfolding. Meet Sucheta Sharma and Urvashi Lakhanpal–two visionary cousin sisters who, under …
Sellers warned against Dubai chocolate craze amid food safety risks
Dubai chocolate has become a sweet sensation on the likes of TikTok, but the FCA warns that some products may not be safe to sell.
Emirates Islamic wins top honours at the Euromoney Islamic Finance Awards 2025
Dubai: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has been honoured with top distinctions at the Euromoney Islamic Finance Awards 2025, a distinguished recognition …
UAE Central Bank imposes Dh10 million fine on Sundus Exchange, cancels licence
The Central Bank of the UAE (CBUAE) has revoked the licence of Sundus Exchange operating in the UAE, struck its name off the licences register and imposed a financial sanction of Dh10 million, …
Sharjah Ruler appoints Secretary-General of SCHESR
His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, issued an Emiri Decree regarding the transfer, promotion, and appointment of a Secretary-General for …
Schonfeld Backs Abu Dhabi Hedge Fund Startup With $500 Million
Schonfeld Strategic Advisors is backing a new hedge fund in Abu Dhabi, allocating about $500 million to Omar Newera, a former Waha Capital portfolio manager, according to people familiar with the …
UAE coast guard evacuates 24 people from oil tanker crash east of Strait of Hormuz
The United Arab Emirates (UAE) said its coast guard evacuated 24 people from an oil tanker Tuesday after a collision between two ships just east of the world’s most critical oil chokepoint, the Strait …
Fire breaks out after tanker collision off UAE coast near Hormuz
Fire breaks out after tanker collision off UAE coast near Hormuz. Find the latest news from the maritime industry on the PortNews website.
Dubai looks to launch world’s first water-backed digital token
Dubai Multi Commodities Centre says ‘this will revolutionise how water is traded, valued, and managed globally’ …
RUCKUS Networks announces next-generation AI and Wi-Fi 7 solutions for every tier within the hospitality industry
RUCKUS Networks announces next-generation AI and Wi-Fi 7 solutions for every tier within the hospitality industry …
Dubai wellness brand ‘Elegant Hoopoe’ sets stage for global expansion with AI-driven franchise model
In a move that underscores the UAE’s rising influence in health-tech innovation, Dubai-born wellness brand Elegant Hoopoe is preparing for international expansion, introducing a new model for how …
GCC tops export destinations for Dubai Chamber of Commerce members with value of Dhs40.5 billion in Q1
Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that markets within the Gulf …
Dubai’s office market sets new records, with AED2.8bln worth of sales across 933 transactions – Cavendish Maxwell
Dubai – Dubai’s office real estate market has set new records for sales values and volumes, with investors spending AED2.8 billion across 933 transactions in Q1 2025, according to new insight from …