The ownership interest was held via Mubadala Investments, one of the country’s sovereign wealth funds …
Abu Dhabi sovereign wealth fund steps into Bitcoin with a $436M ETF investment
Abu Dhabi’s sovereign wealth fund, Mubadala, invests $436M in Bitcoin ETF, marking a significant move into crypto assets.
Elon Musk’s ‘Wormhole’ Tunnel Promises To Carry 20,000 People Per Hour In Dubai
The system is designed to transport more than 20,000 passengers per hour across Dubai. Elon Musk has described the planned tunnel network as a “wormhole” through the city. The Boring Company has yet to confirm which Tesla models will be used in the Loop.
Dubai Police seize 23 vehicles for tampering with number plates
Staff Reporter Dubai Police seized 23 vehicles last year, as their drivers deliberately obscured or changed the features of the number
Dubai South Properties sells 100 units at Beachfront Gates in just one day
Currently, only one of the two towers, Beachfront Gates Tower 2, is available for sale. It features 157 spacious units, including one, two, and three-bedroom apartments, along with a limited number of …
Dubai: Gulf region will become world’s top AI hubs, experts say
The Gulf Cooperation Council (GCC) is rapidly emerging as a global leader in artificial intelligence (AI), with experts predicting that the region will soon join the United States and China as one of …
Dubai regulator says memecoins must adhere to regulations
Dubai’s Virtual Assets and Regulatory Authority (VARA) issued a warning about the risks associated with memecoins, cautioning investors against speculative and unregulated assets. On Feb. 13, Dubai’s …
34th Abu Dhabi Desert Challenge set for thrilling showdown
In the “Ultimate” category for cars, reigning World Rally-Raid champion Nasser Al-Attiyah returns to defend his 2024 Abu Dhabi Desert Challenge title in a Dacia Sandrider. He faces tough competition …
UAE expands visa rules for Indian nationals
The United Arab Emirates has expanded the UAE visa rules to allow Indian nationals with valid visas from six new countries to enter UAE upon arrival …
UAE: Alef Education sustains strong growth in 2024, achieves revenues of $206.6mln
Alef Education Holding Plc has announced its financial results for the period ending 31st December 2024, marking the third set of results since its debut on Abu Dhabi Securities Exchange (ADX) in June …
Dubai hits highest mark in nearly 11 years on strong corporate earnings
The Dubai index jumped to its highest level in more than a decade on Friday, with the industrial and material sectors leading the charge driven by strong corporate earnings, while Abu Dhabi extended losses.
Dubai: World Governments Summit to hold next year’s edition from February 3-5
Join global leaders at the World Governments Summit in Dubai from February 3-5, 2024, to explore innovation and technology shaping future governance. Don’t miss this key event for next-generation government strategies.
Danube Properties Unveils Game-Changing Convertible 1BHK Apartment at the Price of a Studio
Danube Properties, one of the largest private developers in Dubai, has unveiled its latest luxury project, setting a new standard of modern sophistication.
Dubai Customs empowers Emirati talent with open day for private sector opportunities
As part of the “Masar 33” programme and in collaboration with prominent logistics companies, Dubai Customs hosted an open day for employment in the private sector. The event was organised by “Dubai …
FinTech LIVE Dubai Welcomes Three New Speakers
FinTech LIVE Dubai will return on 6 May 2025. This virtual event will host a range of keynote presentations and panel discussions that will explore digital banking, payment technology, open banking …
Elon Musk’s Boring Company is planning to build a tunnel system in Dubai more than 10 miles long
The tunneling company announced on Thursday it had signed a memorandum of understanding with Dubai transit authorities to explore the project.
Sharjah and Côte d’Ivoire discuss strengthening trade cooperation
The Sharjah Chamber of Commerce and Industry (SCCI) received a high-level diplomatic delegation from Côte d’Ivoire to discuss ways to strengthen …