Reliance Retail, the retail arm of Reliance Industries, is in discussions with its existing investors for combined new investments of around $1.5 billion, Reuters reported on Wednesday. The report …
Caesars Palace Exits Dubai Just as the UAE Moves to Legalize Gaming
Wynn Resorts Ltd. is planning a $3.9 billion gaming resort in the emirate of Ras Al Khaimah, which is north of Dubai. The company’s chief executive officer, Craig Billings, said last month he expected …
Maid jailed for stealing jewellery worth Dhs35,000 from employer’s house in Dubai
Employer stated in the interrogations that she checked the surveillance cameras in her house and discovered that the accused had entered her bedroom, opened the safe and stolen the jewellery.
From rainforest to reverse waterfall: Dubai’s alternate universe of modern art exhibit like no other
Pick up your passport and travel… to a different universe. Lose yourself in this new reality, where you are encouraged to wander freely and aimlessly, discovering one dream-like sensory experience …
Hamdan launches Dubai Police’s Genome Centre
The initiative is aligned with the UAE’s National Genomics Strategy aimed at establishing an integrated framework for genomic programmes and turning the country into a hub for research and innovation …
RTA and Nakheel announce major Bur Dubai to Dubai Islands bridge
#RTA signed an agreement with NAKHEEL, the world’s leading real estate developer, to construct direct entrances and exits to the Dubai Islands project from Bur Dubai. The bridge extends 1,425 metres …
RTA, Nakheel in deal to build 1425-m-long Dubai Islands bridges
Dubai’s Roads and Transport Authority (RTA) has signed an agreement with Dubai master developer Nakheel to construct direct entrances and exits to the Dubai Islands project from Bur Dubai. The bridge …
UAE, OECD host regional forum on global minimum tax
The forum was inaugurated by Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs …
UAE bank investments hit record high of $158bn
Investments of banks operating in the UAE reached AED580bn ($158bn) at the end of July 2023 according to the latest statistics of the Central Bank. The figure is the highest level in history and is 18 …
Ace Events Elevates Dubai’s Nightlife With International Acts And Unforgettable Parties
Dubai, U.A.E. – Setting a new standard in Dubai’s nightlife, Ace Events is proud to announce its expansion into prestigivenues, offering even more space, VIP experiences, and themed extravaganzas for …
Louis Philippe opens its first-ever store in UAE
Louis Philippe, an iconic premium fashion brand renowned for its impeccable craftsmanship and timeless style from Aditya Birla Fashion and Retail Limited, ..
Crypto-queen wingman jailed for 20 years for role in $4.3 billion crypto scam
Ruja Ignatova, OneCoin’s “crypto queen” and chief mastermind, still languishes on the FBI’s Ten Most Wanted list.
Most Gulf bourses track global shares lower, Abu Dhabi gains
Sept 13 (Reuters) – Most stock markets in the Gulf closed lower on Wednesday, tracking global shares, while Abu Dhabi bucked the trend. Post trading hours in the region, data showed U.S. consumer …
UAE is among the top nations for solar energy use, reveals report
A recent report published by the Energy Institute Statistical Review of World Energy revealed that the UAE ranks amongst the top world leaders in solar energy use, driven largely by the vision of its …
UAE ranks amongst world leaders in Solar Energy: Report
With three of the planet’s largest solar sites, the country is the 6th highest per capita consumer of solar energy in the world …
UAE economy minister to hold talks with Hong Kong hi-tech AI company SenseTime as Gulf state seeks to diversify economy and boost growth
Abdulla bin Touq Al Marri says one reason for trip to Belt and Road Summit in Hong Kong is to meet city tech firms that can broaden UAE’s oil-based economy.
AlHuda CIBE continues its commitment to excellence in Islamic finance fintech services
Startups in the FinTech space have proliferated, many of them achieving unicorn status, reflecting the sector’s attractiveness to investors …