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Posted on 02/01/2025

2024 hedge fund returns: Schonfeld, D.E. Shaw, and Walleye among the year’s big winners

Multistrategy managers mostly performed well in 2024, with nearly all of the biggest names ending the year in double digits.

Posted on 02/01/2025

Mohammed says 2024 was the most remarkable economic year in UAE’s history

His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has chaired the UAE Cabinet’s first meeting of 2025 …

Posted on 02/01/2025

UAE reviews major 2025 achievements: Foreign trade tops $762.3bn, 150m airport passengers, 80% of laws updated, FDI over $35bn

The UAE’s GDP is projected to exceed AED1.7tn ($463bn) for the first time, with foreign trade surpassing AED2.8tn ($762.4bn). Non-oil exports are expected to exceed AED540bn ($147bn), imports more …

Posted on 02/01/2025

‘The Real Housewives of Dubai’ Star Reveals the Show Is Reportedly Cancelled After Production Pause

Caroline Brooks of The Real Housewives of Dubai revealed in a social media post that the show is reportedly cancelled.

Posted on 02/01/2025

SOLiD gets NTIA grant for O-RAN development project

SOLiD highlighted that its Open RAN radio unit (O-RU) technology facilitates efficient and flexible utilization of 4G and 5G spectrum …

Posted on 02/01/2025

Orange déploie la 5G dans une nouvelle commune de l’Aude, comment en bénéficier

Ce jeudi 2 janvier, Orange a activé son réseau mobile 5G sur la commune de Conques-sur-Orbiel, à quelques kilomètres de Carcassonne.

Posted on 02/01/2025

Nokia, e& UAE trial advanced network slicing for gaming apps

Finnish vendor Nokia announced that Emirati-based telco e& UAE has become the first operator globally to utilize its network slicing solution to create a dedicated end-to-end slice for the specific …

Posted on 02/01/2025

Etihad opens US pre-clearance lounge at Abu Dhabi’s Zayed International Airport

Etihad Airways — which offers pre-clearance for the US at its Abu Dhabi hub — has opened a new Etihad US pre-clearance lounge at Zayed International Airport. Close to the US Customs and Border …

Posted on 02/01/2025

ETIHAD opens dedicated U.S. preclearance lounge at Zayed International Airport

Abu Dhabi, UAE — Etihad Airways opened its new Etihad U.S. Preclearance Lounge at Zayed International Airport on 30 December, enhancing the travel experience for passengers flying to the United …

Posted on 02/01/2025

UAE President issues Emiri Decree appointing Commander-in-Chief of Abu Dhabi Police, Chairman of Abu Dhabi Department of Energy

In his capacity as Ruler of Abu Dhabi, President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued an Emiri Decree …

Posted on 02/01/2025

Dubai: Some restaurants expect costs to rise as second phase of single-use plastic ban begins

One eatery says that making the switch from plastic will drive up costs, some of which they may have to pass on to customers …

Posted on 02/01/2025

Dubai property market likely to keep flourishing in 2025; highest quarterly sales ever seen in Q4-24

During the fourth quarter (Q4) of 2024, the real estate sector in Dubai achieved the highest quarterly sales ever, with more than AED 142.7 billion after the highest monthly sales ever recorded in …

Posted on 02/01/2025

Crypto.com and Dubai Islamic Bank forge alliance

Failed to fetch dynamically imported module: https://finance.yahoo.com/assets/_app/immutable/nodes/95.C_N2kNfW.js …

Posted on 02/01/2025

Dubai Chocolate Bar now available in Shenzhen hotel

The highly anticipated Dubai Chocolate Bar is now available at The Mandarin Cake Shop on the second floor of Mandarin Oriental, Shenzhen, located in Shenzhen, Guangdong province. Crafted by executive …

Posted on 02/01/2025

‘Spent NYE searching for shelter’: Fire-hit Dubai building remains closed, say tenants

Some tenants gained access to their apartments after a few days, but they could only retrieve essentials as they are yet to find accommodation …

Posted on 02/01/2025

Sharjah: No deaths recorded during New Year Eve celebrations, says police

Sharjah Police on Thursday announced that it had recorded zero fatalities during the New Year Eve 2025 celebrations. The authority implemented a security and traffic plan which saw a successful run …

Posted on 02/01/2025

OMODA & JAECOO expands UAE presence with MAHY Khoory Automotive

OMODA & JAECOO strengthens its UAE market presence through a strategic second distributor agreement, marking continued expansion in the region. The partnership with MAHY Khoory Automotive ensures …

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  • UAE leading $18bln Middle East space market growth, BCG report 03/11/2025
  • Dubai Ride 2025 kicks off Dubai Fitness Challenge with record 40,327 cyclists 03/11/2025
  • Sharjah real estate: Al Marwan launches District 11, the UAE’s first AI-designed smart work resort 03/11/2025
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  • UAE tax compliance grows as FTA sees 651,000 corporate registrants and VAT refund surge 02/11/2025

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