New York-based hedge fund Pharo Management is in the early stages of establishing a presence in Abu Dhabi, according to people familiar with the matter, joining the growing wave of global money …
Abu Dhabi is driving ‘significant opportunity’ amid UAE real estate surge, experts say
Backed by major infrastructure, investor interest, and a strategic long-term vision, Abu Dhabi’s quiet transformation is starting to turn heads …
Ghana has lost $11 billion to gold smuggling, links to UAE, report finds
Ghana is losing billions of dollars in revenue annually to smuggling from its booming artisanal gold mining sector with much of the gold flowing to the United Arab Emirates, according to a report by …
UAE’s Ministry of Defence strengthens its environmental credentials with Tabreed and Emerge
The project was officially inaugurated by a senior delegation from the Ministry of Defence, Tabreed and Emerge. This initiative follows the unveiling of the UAE Armed Forces Climate Change Strategy in …
Bitcoin.com chooses Dubai’s DMCC Crypto Centre for MENA headquarters
Global crypto leader Bitcoin.com opens its first office in the MENA region Bitcoin.com is known for introducing millions of users to digital assets through its accessible educational platform and …
Israel-Iran tension: UAE fuel prices could rise as oil rates nears $100, experts warn
Rising tensions between Israel and Iran have sent shockwaves through oil markets, with crude prices spiking sharply after Israel’s strike on Iranian targets. As fears of broader conflict grow, …
UAE: No fines for small companies on late registration of Emirati employees
The initiative targets small businesses with four or fewer Emirati employees, granting them a waiver on fines for delayed registration of insured staff or late processing of end-of-service benefits …
Sharjah Police Bust 3.5M Captagon Pills Hidden Underground
Sharjah Police have just dropped one of their biggest busts yet. In a massive anti-narcotics operation dubbed “Bottom of Darkness”, officers uncovered over 3.5 million Captagon pills—worth a …
Abu Dhabi’s Adnoc makes $19bn bid to take over Australia’s Santos
Adelaide-based Santos said that XRG, comprised of the Abu Dhabi National Oil Company, Abu Dhabi Development Holding Company and US private equity fund Carlyle, had tabled an indicative cash offer of …
UAE Airports Update Travellers on Extended Cancellations
Airlines in the UAE are continuing to suspend services across multiple destinations as the ongoing Israel-Iran conflict leads to widespread airspace closures in the region.Over the weekend, major UAE …
DMCC crypto centre welcomes Bitcoin.com as it sets up regional headquarters in Dubai
Bitcoin.com sets up its first MENA office in DMCC Crypto Centre, joining over 650 blockchain and Web3 companies …
Bee kills billionaire: UAE doctors warn of rare cardiac risks due to insect stings
According to initial reports, billionaire Sunjay Kapur is believed to have accidentally swallowed a bee during a polo game, which allegedly led to a heart attack …
UAE To Host Cricket’s Asia Cup, But India-Pakistan Tensions Jeopardize Lucrative Event
The lucrative Asia Cup is set to be played in the United Arab Emirates with officials remaining hopeful a cancellation can be avoided amid India and Pakistan tension.
Abu Dhabi oil giant, Carlyle lob $30b takeover bid for Santos
The board of the oil and gas producer have given a preliminary thumbs-up to the offer, which represents a premium of 28 per cent to Friday’s closing price.
Abu Dhabi’s Adnoc bids $19bn to take over Australia’s Santos
Adelaide-based Santos said that XRG, comprised of the Abu Dhabi National Oil Company, Abu Dhabi Development Holding Company and US private equity fund Carlyle, had tabled an indicative cash offer of …
UAE on track to hit $1.1tn trade target 4 years early as non-oil sector booms: Sheikh Mohammed
Sheikh Mohammed bin Rashi Al Maktoum said: “The UAE’s non-oil foreign trade saw growth of 18.6 per cent year-on-year in the first quarter of this year, reaching AED835bn ($227.5bn/global average is …
UAE’s 2031 non-oil foreign trade target will be achieved in 2 yrs: Sheikh Mohammed
Sheikh Mohammed reaffirmed the country’s economic trajectory under the leadership of UAE President Sheikh Mohamed bin Zayed Al Nahyan …