Texas consulting engineering McDermott has opened a 4,100 sq m research and development facility in Dubai. The centre is located near the Oilfields Supply Centre in the Jebel Ali Freezone.
India increases crude imports from Middle East as Russian supply declines further
As less oil is likely to be available from Russia due to Western sanctions, Indian refiners have started to make up the shortfall by purchasing more Middle Eastern and African crude grades. “India …
Cashing in on cryptocurrency in the UAE: A beginner’s guide
Are you thinking about entering the world of cryptocurrency? That’s fantastic! Cryptocurrency is evolving rapidly and becoming more accessible to newcomers..
UAE DAMAC Group to tokenize $1billion worth of assets
UAE conglomerate DAMAC Group, with investments in property development, hospitality, and data centres, has announced plans to tokenize $1 billion worth of its assets for financing purposes in early …
University of Sharjah explores strengthening cooperation with Qatar Calendar House
During the meeting, Prof. Al Naimiy stressed the need to enhance cooperation with Qatar Calendar House to integrate cutting-edge knowledge with Arab-Islamic heritage, preserve the astronomical legacy, …
Dubai developer DAMAC signs $1 bln deal with blockchain platform MANTRA
MANTRA, a blockchain platform focused on real-world assets (RWAs), has signed a deal with Dubai developer DAMAC Group to tokenise assets in the Middle East worth at least $1 billion, the two firms …
Mastercard launches crypto solution for traders in UAE and Kazakhstan
Mastercard has launched Crypto Credential in the UAE and Kazakhstan to allow crypto exchange users to send and receive cryptocurrencies using simple aliases instead of complex blockchain addresses.
Mantra and Damac sign $1B deal to tokenize Middle Eastern assets
Mantra, a blockchain built for tokenized real-world assets (RWAs), signed a $1 billion agreement with Damac Group, an investment conglomerate, to enable token-based finance in the Middle East.
Abu Dhabi’s financial centre to encourage remote working as it amends employment rules
Abu Dhabi’s financial free zone ADGM will start allowing companies operating in the financial zone to hire remote employees, enabling them to tap the global talent pool. The move, effective from April …
Coldplay LIVE in Abu Dhabi: Hundreds throng Zayed Sports City Stadium ahead of sold-out show
Khaleej Times is on ground to bring you live updates from the event, covering everything from last-minute changes to electrifying fan moments …
Incredible places to have a picnic in Abu Dhabi
The weather has finally cooled, and there’s no better way to celebrate by having a good old-fashioned picnic in Abu Dhabi. Cheap, low hassle, and casual, meeting up with your friends for an afternoon …
Coldplay in Abu Dhabi: British Rock Band’s concert drives record tourism mumbers, says new report
Abu Dhabi’s Zayed Sports City Stadium will host a British alternative rock band Coldplay for a four-night residency …
Property Finder highlights 2024 real estate momentum in Dubai and Abu Dhabi
Meanwhile, Abu Dhabi’s real estate sector demonstrated a moderate performance, with 14,662 transactions valued at AED 47.92 billion the market grew by 4% in terms of volume. Residential properties …
Aldar issues $1bln hybrid notes in landmark transaction to optimise capital structure amid rapid growth
The largest conventional hybrid issued in the Middle East, the transaction achieved the highest rating and tightest spread at issuance for a corporate hybrid in the CEEMEA region …
Dubai’s Villa Boom: Updated Real Estate Trends for 2025
Dubai, a city known for its opulence and forward-thinking architecture, has seen its real estate market undergo significant transformations in recent years. As we look towards 2025, the market is expected to continue its trajectory of growth,
Dubai Civil Aviation Authority and Ports, Customs, and Free Zone Corporation collaborate to enhance civil aviation sector performance
H.E. Mohammed Abdulla Lengawi: The Memorandum of Understanding (MoU) reflects our commitment to enhancing the safety and security of air transport and regulating civil aviation affairs, contributing …
Abu Dhabi’s NMDC wins $1.14bn offshore pipeline contract in Taiwan
Taiwan Power Company awarded the contract to NMDC Energy and NMDC Dredging and Marine – the subsidiaries of NMDC Group …