Chinese state-owned conglomerate Citic Ltd. signed a memorandum of understanding to help finance the development of a planned 22 billion dirham ($6 billion) development in Dubai that’s set to add …
Binghatti acquires mega plot for Dhs25bn master planned community in Dubai
The land is located in Nad Al Sheba 1, within Dubai’s Meydan district, an area historically linked with equestrian heritage and the former Nad Al Sheba Racecourse …
You can now pay for Air Arabia flights with crypto in the UAE
Crypto just took off… Paying for your next flight just got a little more futuristic. If you’re the kind of traveller who’s into crypto and keen on finding smart ways to spend it, this one’s for you.
Abu Dhabi’s Mubadala fund markets 10-year U.S. dollar Islamic bonds
Abu Dhabi sovereign wealth fund Mubadala began taking orders on Wednesday for 10-year U.S. dollar-denominated Islamic bonds, or sukuk, fixed income news service IFR said.
Booking vehicle tests in Dubai? You’ll now have to do it online
Turning queues into screen taps… Own a car in Dubai? In a move that’s all about convenience and cutting-edge tech, Dubai’s Roads and Transport Authority (RTA) has rolled out a new online booking …
Dubai real estate: Binghatti acquires massive Nad Al Sheba Land for $6.9bn master-planned residential community
Binghatti currently develops around 20,000 units across approximately 30 projects in prime residential areas throughout Dubai …
Dubai fintech Qashio secures $19.8mln from US, MENA investors
Dubai-based fintech company Qashio has secured $19.8 million in equity and non-equity financing.
Abu Dhabi Department of Energy and Khalifa University sign MoU in water and energy sectors
The agreement was signed on the sidelines of the “World Utilities Congress 2025,” held at ADNEC Abu Dhabi and continuing through May 29 …
The U.S.’ AI love affair with the UAE isn’t just about access — it’s about dominance
The U.S. currently makes the world’s most advanced semiconductor chips, while the UAE has the abundant cheap energy to power enormous AI data centers. The two countries’ AI alliance has already seen …
Dubai’s GulfNav, Brooge Energy sign $871mln acquisition deal
Dubai-based shipping firm Gulf Navigation Holding PJSC (GulfNav) has entered into an asset sale agreement with Brooge Energy Ltd. for a total consideration of 3.2 billion dirhams ($871) million.
Why Choose Professional Chauffeur Services in Dubai Over Regular Taxis
Dubai’s bustling metropolis presents unique transportation challenges that demand more than basic taxi services can offer.
79 schools now rated ‘Good’ in Sharjah’s private sector
Sharjah: A quiet but powerful transformation is underway in Sharjah’s private education landscape, driven by the “Itqan” programme—an initiative that’s proving how consistent support and evaluation …
IPTs out for Sharjah Islamic Bank’s USD perpetual non-call 6-year AT1 sukuk
Sharjah Islamic Bank (SIB), rated A- by S&P (negative outlook) and BBB+ by Fitch (stable outlook), has revealed IPTs in the 6.500% area for its USD benchmark perpetual non-call 6-year AT1 sukuk …
Look: Dhul Hijjah Moon spotted in UAE from observatory in Abu Dhabi
Following the crescent sighting, the first day of Dhul Hijjah will begin on Wednesday, May 28, and Eid Al Adha celebrations will start from Friday, July 6.
Rixos Marina Abu Dhabi Hosts Next ‘Ride with Rixos’ Featuring Ice Bath Recovery
In celebration of World Bicycle Day, recognised annually on June 3rd for highlighting the bicycle as a simple, sustainable, and healthy mode of transport, Rixos Marina Abu Dhabi is gearing up to host …
Lindsay Lohan says she has fewer worries as a mother in Dubai than in New York and LA
Lindsay Lohan says she has fewer worries and finds it easier to stick to her routine as a mother while living in Dubai. In an interview with Elle published on Tuesday, the actor, 38, spoke about her …
Drilling giant secures long-term offshore rig deals worth $1.15 billion
Adnoc Drilling has won two offshore jack-up rig deals worth a combined $1.15 billion for 15 years from compatriot Adnoc Offshore. The jack-up deals will bring in “accretive rates that generate …