Evolution 2015’ extension houses 24-screen Vox Cinemas. Majid Al Futtaim on Monday delivered its AED1 billion ($272m) multi-stage extension of the Mall of… Government-backed body could bring ‘right …
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Watch the fireworks at Dubai Festival City Mall this National Day
Here in the UAE, we love a good fireworks display. If you’re anything like us, you always book your dinner spot based around how good the view of the show is. And if you’re looking for a spectacular …
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UAE approves full foreign ownership of commercial firms
The decree, which introduces significant amendments to the UAE Federal Law No. 2 of 2015 on Commercial Companies, annuls the requirement for commercial companies to have a major Emirati shareholder or …
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Dubai Islamic Bank celebrates listing $1b AT1 Sukuk on Nasdaq Dubai
Dubai Islamic Bank (DIB), the largest Islamic Bank in the UAE, rang the market-opening bell on Tuesday to celebrate the listing of a $1 billion Sukuk on Nasdaq Dubai. The Sukuk achieved a strong 5.7 …
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Dubai’s Princess Haya Paid Rs 12 Crore to Her British Bodyguard-Lover to Keep Their Affair A Secret | Explosive Details Emerge
In a sensational revelation, it is being said that Princess Haya, the sixth wife of Dubai ruler Sheikh Mohammed bin Rashid Al Maktoumi, paid her British bodyguard lover £1.2 million to keep quiet abo …
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Dubai Government forms ‘Cashless Dubai Working Group’
The Cashless Dubai Working Group is a collaborative effort of government stakeholders to ensure a safe and seamless transition towards a cashless …
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PayCap and RKN Token: Now Pay for Your Mobile, Internet or TV Connection With Cryptocurrencies
PayCap as the first fully decentralized platform, allows you to pay for your entertainment, communication, or data usage with cryptocurrency. Once you download and install their app from Google Play …
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Abu Dhabi DMT, Modon reveal renovation plan for Mina Zayed
The plans include a complete overhaul of the existing souks, fish market & plant souk, and adding a new seasonal market …
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A new era of growth: Investment community hails UAE’s 100% foreign ownership move
The investment community in the region has cheered the UAE’s new initiative that entitles expatriate investors 100 percent ownership of companies licensed and registered in the Emirates with effect …
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Man held in UAE for creating fake social media profiles to threaten, blackmail Netizens
The Umm Al Quwain Police have arrested an Arab resident for allegedly threatening and blackmailing social media users. The suspect used fake accounts on social media to hide his identity, according to …
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UAE, UK join hands to boost trade ties, export credit opportunities
The agreement aims to provide a robust turnkey platform, which the two parties can utilise to draw new business opportunities and identify areas for future collaboration to foster a greater trade alli …
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UAE’s new foreign ownership law has what it takes to drive new business, investments
What the new Presidential Decree does is open up more business categories to be launched without the need for a UAE national – or Emirati-owned company – as a partner/sponsor. Because …
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UAE startup Quiqup closes over $5.5m in funding to pursue expansion
Quiqup, the UAE-based on-demand … “They have a unique and transformative business model that is a game changer for the region. Same-day delivery is the next frontier in e-commerce logistics …
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Emaar enters Sharjah with first ever branded residences
Emaar Hospitality, the hospitality arm of Emaar Properties, and Arada, the property developer, have launched the first phase of off-plan sales for Vida Residences Aljada, marking Vida’s first entry …
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Abu Dhabi court jails and fines nine people in Dh306 million money laundering case
Nine accused and nine companies were convicted in a money laundering case by an Abu Dhabi court on Tuesday. The convicted individuals were handed sentences ranging from seven to 10 years, and fines of …
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Dubai aiming for a cashless society
With an objective to go cashless, the Dubai Government has launched the Dubai Cashless Framework Report, developed by Smart Dubai and the Dubai Department of Finance, to enable all transactions in the …
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Dubai expat jailed, fined Dh48,825 for embezzling over Dh48,000 from petrol station
A Dubai expat, who fled the UAE after embezzling over Dh48,000 from a petrol station, was sentenced to three months in jail by the Court of First Instance on Tuesday. The court ordered his deportation …
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