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Posted on 08/10/2025

Dubai banks are well buffered against a property correction, says Fitch Ratings

Anton Lopatin, Senior Director at Fitch Ratings explains how cash flows of Dubai developers have improved with the higher prices in the property boom. That’s helped to significantly reduce banks’ …

Posted on 08/10/2025

UAE Releases First Satellite Images from MBZ-SAT & Etihad-SAT

The Mohammed bin Rashid Space Centre has published images captured by its satellites combining optical and radar imaging technologies for disaster response, agriculture and infrastructure planning.

Posted on 08/10/2025

UAE’s first genius AI-integrated mammography system launched at HealthBay to detect breast cancers earlier

HealthBay’s introduction of this technology underscores the organization’s commitment to advancing medical innovation in the region. The new Breast Clinic is set to serve as a model for advanced …

Posted on 08/10/2025

UAE Lottery operator teams up with anti-financial crime tech to spot high-risk players

The system performs advanced name checks for customers, politically exposed persons (PEPs), sanctions, and adverse media at onboarding …

Posted on 08/10/2025

Shelf Drilling Shareholders Clear Merger with ADES

The shareholders of Dubai-based Shelf Drilling have approved the proposed cash merger with offshore oil contractor ADES International …

Posted on 08/10/2025

Abu Dhabi’s NPCC wins $2.2bn Saudi Aramco project contracts

UAE-based National Petroleum Construction Company (NPCC) said it has secured two sizeable offshore contracts worth AED8.2 billion ($2.23 billion) from Saudi energy giant Aramco for its multi-billion …

Posted on 08/10/2025

Abu Dhabi strengthens US trade and investment links with new strategic agreements

Strengthening a five-decade economic partnership, Abu Dhabi’s latest US mission secured new agreements to boost innovation, investment, and mutual growth across key industries. Abu Dhabi strengthens …

Posted on 08/10/2025

Launch of Lumena Alta by Omniyat marks two decades of architectural masterpieces that reshape the skyline of Dubai

Omniyat, the leading developer in Dubai’s luxury real estate landscape, has launched Lumena Alta, an ultra-luxury commercial development located on Sheikh Zayed Road in the Burj Khalifa district, at …

Posted on 08/10/2025

Dubai Airshow cancels Israeli defence firms’ participation after technical review

Dubai Airshow, one of the world’s largest aviation events, is expected to host more than 1,500 exhibitors and 148,000 industry professionals from over 150 countries …

Posted on 08/10/2025

Dubai’s DMCC and VARA partner to drive tokenisation of commodities

DMCC hosts nearly 26,000 companies and contributes about 15 per cent of Dubai’s total foreign direct investment and 7 per cent of its GDP …

Posted on 08/10/2025

Sharjah CP receives ‘Mouwasat’ customer experience team

H.H. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, and Chairman of the Sharjah Executive Council (SEC), received the team of the award-winning “Mouwasat” …

Posted on 08/10/2025

Abu Dhabi’s MGX joins $6.6 billion OpenAI share sale, valuing ChatGPT maker at $500 billion

Abu Dhabi’s artificial intelligence investment platform MGX has participated in a $6.6 billion secondary share sale in …

Posted on 08/10/2025

UAE students can now get free access to Google Gemini Pro for a year

Initiative allows students to use the tool to generate text, images, and video, conduct research, and organise daily tasks …

Posted on 08/10/2025

UAE to expand VAT refund services for online shopping, rope in more digital platforms

The FTA has an integrated electronic system that tracks tourist purchases from their entry into the country until their departure …

Posted on 08/10/2025

Bit Digital Treasury Report Signals Full Ethereum Focus Over Bitcoin: Holdings Now at 122,187 ETH

The latest Bit Digital treasury report confirms 81% of its $506M Ethereum holdings are staked, earning 3.37% yield.

Posted on 08/10/2025

LFC opens 21st standalone retail store with Dubai launch

Liverpool FC has opened its latest standalone retail store at Jumeirah Beach Residence (JBR) in Dubai – the club’s 21st global store and second in the city.

Posted on 08/10/2025

Dubai Mallathon concludes, sets Guinness World Record for most runners in mall run event

Under the patronage of Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, the Dubai Mallathon concluded on Sunday across …

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