Suspects arrested after athlete’s home was burgled while he was abroad Sharjah: Sharjah Police recovered valuables worth nearly Dh500,000 in less than three hours after receiving a report that the …
UAE Secures Major US Tech and Energy Deals Amid AI Chip Agreement
The United Arab Emirates has finalised a significant agreement with the United States to import advanced American-made artificial intelligence semiconductors, marking a pivotal step in Abu Dhabi’s …
Dubai attracts global wealth as family offices embrace the AI era
Stable regulations, investor confidence and a fast-growing AI-driven investment ecosystem continue to attract UHNWIs and family offices to the emirate …
UAE’s biggest stargazing week of the year to start next weekend
UAE residents will see the Perseids meteor shower reach peak visibility on August 12 and August 13. Dark skies from a new moon will support some of 2026’s strongest meteor viewing conditions.
India-UAE trade pact in focus as gold imports from UAE surge
India’s trade agreement with the United Arab Emirates is coming under renewed scrutiny after a sharp rise in gold imports from Dubai significantly pushed up the country’s bullion import bill. Gold bar …
Dubai exchange Shelbit implicated in $4B Iranian sanctions evasion route
An unlicensed Dubai crypto exchange, Shelbit, moved at least $4 billion since May 2024 for Iranian gambling operators and sanctioned state entities, a series of investigations corroborated by Reuters …
UAE FMCG spending rises 3.4% as local brands dominate consumer choices
UAE households made 968 million FMCG brand choices in the past year, with local and regional brands accounting for 67% of consumer reach as penetration emerged as the key growth driver …
How a Dubai Crypto Exchange and Online Gambling Helped Move $4 Billion for Iran
A Dubai crypto exchange and over 2,000 gambling sites moved $4 billion for Iran, aiding sanctions evasion and interacting with the central bank.
UAE to Overhaul How It Prices All Crude Oil After Big Swings
Abu Dhabi National Oil Co., the UAE’s state oil company, said it would change how it prices its crude oil grades, months after wild swings in the benchmark it has been using to underpin its sales.
Gold imports under India, UAE FTA quota remain modest: Official
New Delhi: The utilisation of concessional duty quota for gold imports from the UAE under a free trade agreement with India has remained modest, an official said on Thursday. Under the India-UAE …
UAE visa changes, Dubai property, petrol prices and Golden Visa rules – 10 things you missed this week
From UAE visa reforms and Golden Visa property rules to Dubai real estate, petrol prices, crypto tax changes and millionaire growth, here are the week’s top stories …
Reuters ties Dubai exchange Shelbit to $4 billion Iran sanctions route
An unlicensed Dubai crypto exchange, Shelbit, moved at least $4 billion since May 2024 for Iranian gambling operators and sanctioned state entities, a series …
Iran’s $4 Billion Sanctions Evasion Network: How Gambling Sites and Crypto Were Used
A Dubai-based crypto exchange allegedly processed $4 billion in crypto linked to Iranian gambling websites and sanctions evasion. Here’s how the network allegedly worked.
UAE lists 5 categories of people barred from entering the country
The UAE outlines five categories of foreigners prohibited from entry, detailing judicial and administrative deportation procedures and conditions for re-entry.
Sharjah introduces smart traffic diversions for Al Taawun Tunnel, Etihad Rail projects
The Roads and Transport Authority in Sharjah (SRTA) has implemented a package of qualitative traffic diversions, which achieved noticeable fluidity of …
Ghost Exchange Shelbit moved $4B in Iran sanctions funds through Dubai
Iran crypto sanctions evasion took a new form with Shelbit, a Dubai ghost exchange operating above a budget hotel that processed $4 billion for IRGC-linked wallets, Iran’s central bank, and 2,000-plus …
UAE financial sector proves resilient
The UAE’s financial sector has continued to demonstrate strength and stability despite a challenging regional environment, with banks and financial …