Bank Alfalah, a leading commercial bank in Pakistan with a network of over 1,000 branches, has announced its acquisition of a 9.9% equity stake in Jingle Pay, one of the fastest growing fintechs in …
UAE weather: Red alert issued as heavy fog hits Abu Dhabi and Dubai
Speed limits have been reduced after heavy fog enveloped parts of the UAE on Friday, with red alerts issued in some areas. The National Centre of Meteorology issued a red alert that was to remain in …
UAE: Residents of these two emirates sleep the least; here’s why
Despite this, the UAE stands out for having the highest REM sleep percentage rank, at 22 per cent, ranking second globally after India at 22.1 per cent …
Aldar issues $1bln hybrid notes to optimise capital structure amid rapid growth
The issuance by Aldar at ‘PJSC’ level represents the largest conventional hybrid in the Middle East. The transaction also achieved the highest rating, and the tightest credit spread at issuance for a …
UAE: Some fans spend over Dh3,600, travel from abroad to watch Coldplay in Abu Dhabi
The British band will be playing shows on January 11, 12, and 14 after kicking off their first night for their ‘Music of the Spheres World Tour’ on the ninth …
$1-billion Dubai skyscrapers to be linked by daring rooftop pool
A private swimming pool, part of a six-bedroom “ultra-penthouse,” will stretch across two 591-foot-tall residential towers from 2027.
Hamilton Lane, Welwing Join Investment Firms Expanding to Dubai
Hamilton Lane Inc. and two Hong Kong-based hedge fund firms are expanding to Dubai, joining a rush of global peers setting up offices in the Middle Eastern city.
UAE’s new family law brings sweeping changes; here are the most important ones
The legislation, set to take effect in April 2025, introduces significant amendments to child custody arrangements, financial rights, and educational guardianship …
UAE: DUPHAT 2025 concludes with AED9.35 billion in deals
The 30th edition of the Dubai International Pharmaceuticals and Technologies Conference and Exhibition – DUPHAT 2025 concluded successfully, recording AED9.35 billion in direct and indirect trade …
‘A cultural gem’: Former resident of UAE’s oldest pearling village recalls glory days
The place is more than just history, it’s a reminder of the strength, generosity, and ingenuity of our people, says Ibrahim Musa Al Zabb …
Dubai’s Damac to invest $20B in U.S. data centers
P resident-elect Donald Trump announced that Dubai-based real estate firm Damac plans to invest $20 billion into building data centers in the US. The announcement was made at Trum …
MBRSC announces final preparations for MBZ-SAT launch
The Mohammed Bin Rashid Space Centre (MBRSC) today announced that final preparations are underway for the launch of MBZ-SAT, the most advanced satellite in the region.The announcement was made during …
Phishing scam targets HSBC customers; Etisalat blocks fake web site of the bank
The scam was detected by Etisalat and HSBC yesterday, and after a thorough investigation, Etisalat blocked the fake HSBC web site through a proxy server as an immediate measure of protection for …
I had to fly to Dubai to save my company
We had some unfinished business in Dubai that needed to be taken care of… Coaching programs: Alphalete Athletics: Code: LIPSETT for 10% off Coaching programs: GHOST Supplements: Discount Code: LIPSE …
US law firm Skadden opens in Middle East with Abu Dhabi launch
U.S. law firm Skadden, Arps, Slate, Meagher & Flom on Thursday said it has opened an office in Abu Dhabi, following other companies that have set up shop in the oil-rich emirate’s designated financial …
UAE takes custody of poet and dissident Abdul Rahman Yusuf al-Qaradawi
The United Arab Emirates has taken custody of Egyptian poet and dissident Abdul Rahman Yusuf al-Qaradawi amid a campaign by human rights activists and experts to prevent his extradition to the Gulf …
Cyprus hosts Israeli President, UAE foreign minister, discusses regional stability
Cyprus President Nikos Christodoulides held meetings with Israeli President Isaac Herzog and UAE Foreign Minister Abdullah bin Zayed on Thursday, the Cypriot presidency said, discussing with each how …