Emaar Properties has announced the launch of two remarkable projects in Dubai: The Heights Country Club and Grand Club Resort next to The Oasis. These developments, valued at AED55 billion and AED41 …
Abu Dhabi witnesses 67% annual increase in number of AI company registrations: Study
Abu Dhabi Chamber places particular emphasis on AI investment, aligning with its vision to enhance the reputation and standing of the private sector in Abu Dhabi …
UAE’s Ministry of Economy and Crescent Enterprises launch trade report at WTO’s MC13 in Abu Dhabi
Image Credit: Supplied Abu Dhabi: The UAE Ministry of Economy, in collaboration with Crescent Enterprises and Gulftainer, launched a report titled ‘Trade 2050: A Private Sector Perspective’ during The …
UAE consumers turn AI smartphones deliver biggest hit since 2019, with Samsung S24 leading way
Helped by Galaxy S24, demand propels UAE’s gadget market to best Q1 since 2019 The ‘Galaxy’ is lighting up the UAE tech gadget marketplace, with demand for AI-enabled mobile handsets like the Samsung …
‘Exactly like Iron Man’: Dubai hosts first-ever jet suit race for pilots
In Dubai, pilots recently took part in the city’s inaugural jet suit race, an event reminiscent of scenes from Marvel’s Iron Man. It was organized by Gravity Industries.
Former FTX employees launch new crypto exchange
A group of former employees from FTX and Alameda Research has successfully raised $17 million to launch a cryptocurrency exchange called Backpack, according to a Bloomberg report. Based in Dubai, …
Abu Dhabi wealth fund selling out of Precinct Properties for $261m
Abu Dhabi’s sovereign wealth fund is selling its holding in NZX-listed landlord Precinct Properties New Zealand for $261 million, according to stock exchange announcements.Precinct, which owns the $1 …
Al-Attiyah maintains overall lead at Abu Dhabi Desert Challenge
Nasser Saleh al-Attiyah finished in second place in the Stage 2 of the Abu Dhabi Desert Challenge to maintain his overall lead. The Qatari star driving a Hunter Prodrive car alongside his French …
Sharjah Chamber concludes participation in Sohar Investment Forum 2024
The Sharjah Chamber of Commerce and Industry (SCCI) has successfully wrapped up its participation in the Sohar Investment Forum 2024, held on February 26 and 27 in Sohar, North Batinah Governorate, …
Former FTX & Alameda Execs Secures $17 Mln Funding For Dubai Crypto Startup
Former FTX and Alameda employees acquired $17 million funding for a Dubai crypto startup amid Sam Bankman-Fried’s incarceration.
FTX, Alameda Alums Raise $17 Million for Crypto Exchange Startup
Backpack, a Dubai-based company which also offers a crypto wallet and an NFT collection called Mad Lads, said it reached a $120 million valuation with the Series A round. Armani Ferrante, its chief …
Khabib Nurmagomedov’s “Scam” After Crypto Troubles Lands UFC Star in Trouble With Fans – “This Is Not Father’s Plan”
On his X (Twitter) post, he wrote, “Wahed is now live in the UAE and we are offering a $20 bonus when you … It Together” The post Khabib Nurmagomedov’s “Scam” After Crypto Troubles Lands UFC Star in …
SeaWorld Parent United Parks Sees Dip In Q4 Revenue But Was ‘Extremely Well Received’ In Abu Dhabi, CEO Says
Launch of first SeaWorld Park outside the US in Abu Dhabi exceeds expectations, alongside significant park investments.. Q4 Attendance was 5 million guests, an increase of ~23,000 from last year’s …
ADGM and Etihad Airways collaborate to boost Abu Dhabi as a global business hub
Abu Dhabi Global Market ADGM the International Financial Centre IFC of the UAEs capital announced the signing of a Memorandum of Understanding …
Activists Criticise Civil Society ‘Restrictions’ at WTO Meeting in UAE
Some civil society participants at the WTO talks have drawn comparisons to the United Nations COP28 climate conference held in Dubai last year. Limited protests were permitted at the COP28 site, but …
UAE: Hailstorm alert issued for Al Ain, adverse weather expected in parts of Abu Dhabi
The UAE Met Department on Wednesday issued a hailstorm alert for Al Ain and has forecast light to heavy rain in parts of Abu Dhabi. The National Centre of Meteorology (NCM) has forecast light to heavy …
Dubai’s sky-high aspirations find a new outlet as it hosts a jet suit race for ‘Iron Man’ pilots
Pilots lined up on a runway in Dubai on Wednesday and fired up their seven jet engines with an ear-splitting roar. But they weren’t preparing to fly an airplane — they were the aircraft. This …