The danger of distracted driving is evident in the UAE, with one out of every three motorists using mobile phones while driving. This distraction could lead to road accidents and even death …
Top Spots for a Persian Feast for Nowruz in Dubai
Nowruz is a holiday that marks the Persian New Year with the beginning of spring and it is based on the Iranian Solar Hijri Calendar, on the spring equinox. Here are some spots in Dubai where you can …
Fintech mobility startup secures $100m funding
Now based in its new headquarters in the UAE, an emerging nexus for entrepreneurship and innovative startups, the evolving partnership between Moove and Mubadala stands as a prime example of how …
Mercedes’ Vision EQXX Concept Travels 1000 Km on One Charge in Dubai Once More
Mercedes revealed the Vision EQXX concept over two years ago, proudly emphasizing its remarkable range on multiple occasions since. The EQXX has achieved the impressive feat of traveling over 1,000 km …
Errant butcher shop shut for violation of food safety rules in Abu Dhabi
The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA … Details of the incident which took place at Dubai International Airport date back to January 2022, when a customs inspector at the …
Borse Dubai Plans to Sell $1.6 Billion of Its Stake in Nasdaq
Provided Borse Dubai continues to own at least 10% of Nasdaq’s outstanding … shareholder in Nasdaq and are invested in the success of the company.” Investor’s Business Daily …
Abu Dhabi real estate boom: transactions hit $23.7bn last year as sales activity grows 160%
Abu Dhabi real estate transactions reached a record AED87.1bn ($23.7bn) last year, according to the Abu Dhabi Real Estate Centre (ADREC). The dedicated affiliate of the Department of Municipalities …
Borse Dubai to sell 27M Nasdaq shares in secondary offering
Borse Dubai, a minority shareholder of Nasdaq (NASDAQ:NDAQ), is commencing a secondary offering of 26,956,522 shares of Nasdaq’s common stock, the companies said Tuesday. Nasdaq (NDAQ) is not offering …
Nasdaq and Borse Dubai Announce Launch of Secondary Offering of Nasdaq Common Stock
Nasdaq, Inc. (Nasdaq: NDAQ or Nasdaq) and Borse Dubai Limited (Borse Dubai) today announced the commencement of a secondary offering by Borse Dubai of 26,956,522 shares of Nasdaq’s common stock. Borse …
One of UAE’s largest banks curtails cooperation with Russians under US pressure – WSJ
Due to the US sanctions pressure, Dubai’s main state-owned bank Emirates NBD has closed some accounts of Russian oligarchs and Russian oil traders. Source: The Wall Street Journal Details: It is noted …
Russia’s Backdoor to the Global Banking System Is Slamming Shut
A major lender in Dubai has scaled back Russia-related business, while Turkish lenders have become more cautious.
How to spend a supersized weekend in Dubai
Dubai is often described as Las Vegas without the casinos. It certainly likes to do things on a grand scale. Supersized hotels, buffets, malls, amusement parks, aquariums, designer cars and luxury …
Dubai Taxi Riders Can Now Watch News, Entertainment On The Go
The introduction of our digital screens showcases our dedication to investing in technology to enhance and provide an unparalleled customer experience in line with Dubai’s vision to become a leading …
Lewis Hamilton would be “willing to reclaim” Max Verstappen’s Abu Dhabi 2021 F1 title by losing the 2008 crown to Felipe Massa – Peter Windsor
It was well over two seasons ago when Lewis Hamilton lost the 2021 F1 Abu Dhabi GP on the final lap against Max Verstappen. The latter was crowned world champion and Hamilton lost the chance to win a …
FedEx Invests USD 350 Million in New State-of-the-Art Hub at Dubai World Central Airport in Dubai South
The New FedEx Hub Highlights Innovation and Efficiency DUBAI, UNITED ARAB EMIRATES / ACCESSWIRE / / FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE:FDX) and the world’s largest …
Islamic banking assets in UAE surpass Dhs700b: CBUAE
The assets of Islamic banks operating in the UAE exceeded Dhs700 billion for the first time in history at the end of 2023, according to the latest statistics from the Central Bank of the UAE (CBUAE).
Nobu Penthouse Sets a Record for Most Expensive Apartment Ever Sold in Abu Dhabi
A real estate record has been set in Abu Dhabi with the recent sale of a lavish AED 137 million (US$37.3 million) penthouse.