Last month, Parkin PJSC announced that the new variable pricing tariff will take effect from early April 2025 across Dubai …
Dubai’s Parkin announces 5% VAT on all parking services starting June 1
The move was in coordination with relevant government authorities and applicable UAE tax regulations, operators noted …
Abu Dhabi, Qatar Quietly Slip More Tankers Through Hormuz
Abu Dhabi National Oil Co. has been quietly ferrying oil and gas shipments out of the Persian Gulf using its own fleet, apparently clearing both the Iranian navy and US warships to reach …
UAE: Egyptian killed, 4 injured after debris hits Abu Dhabi gas facility
Two Pakistani and two Egyptian nationals injured in Habshan gas plant fire Abu Dhabi: Authorities confirmed that two fires erupted at the Habshan Gas Processing Plant following the fall of debris …
UAE and Saudi Arabia reroute some oil exports away from Hormuz
The UAE and Saudi Arabia are redirecting some oil exports away from the Strait of Hormuz as the latest Gulf crisis exposes the risks of relying too heavily on a single chokepoint. The shift does not …
Alec unit awarded contract to build Sphere Abu Dhabi
A subsidiary of Dubai government-owned construction company Alec Holdings has won a $1.7 billion contract to build the Sphere Abu Dhabi entertainment venue. The award was issued by the Department of …
Sphere Abu Dhabi: Alec wins $1.7 billion construction contract
Official project material also links Sphere Abu Dhabi to the annual Formula 1 Etihad Airways Abu Dhabi Grand Prix …
Abu Dhabi’s ADGM announces over 50% reduction in commercial license fees starting 2025
Revised licensing fee part of its transitional arrangements for Al Reem Island businesses This initiative aims to enhance ADGM’s business ecosystem, making it more attractive and accessible for …
Dubai residential sales hit $15.02bn in January 2026 as transactions surge 43.9 per cent
The Dubai residential property market recorded AED 55.18bn ($15.02bn) in transactions across 15,756 sales in January 2026, marking a 43.9 per cent year-on-year increase in transaction value and a 19.1 …
Dubai’s premium real estate segments are recovering despite Iran uncertainty: DAMAC Group
Ali Sajwani, Managing Director of Dubai real estate developer DAMAC Group, says there’s been a pick-up in sales in the UAE real estate market despite the ongoing Middle East war. He attributes Dubai’s …
Dubai: 8 public beaches to be reserved for families during Eid Al Adha break
A 65-member field control team will organise beach operations, ensuring top security and safety standards for beachgoers …
Dubai Police warn of $27,000 fines over trading this week
Dubai Police warned residents against the use and trade of fireworks during Eid Al Adha, which is set to run from Tuesday to Friday this week.
Dubai inmates to receive virtual calls for families abroad
Dubai Police have introduced remote visiting hours during Eid Al Adha, allowing inmates and their families to communicate through video conferences. This initiative aims to bridge distances, ensuring …
Bybit CEO Ben Zhou: Tokenization Will Reshape Global Finance Faster Than Expected at Goldman Sachs Asia Pacific FinTech Conference 2026
DUBAI, UAE, May 25, 2026 /PRNewswire/ — The next phase of global finance will be built on tokenized infrastructure that operates continuously across borders, according to Ben Zhou, Co-founder and CEO …
UAE Races To Lead Global AI Economy With Sovereign Compute And 2031 Digital Targets
UAE Races To Lead Global AI Economy With Sovereign Compute And 2031 Digital Targets . Massive investments in artificial intelligence, sovereign digital infrastructure, advanced manufacturing and finte …
UAE cyber insurance market reaches $70mln amid rising digital threats
The UAE Cybersecurity Council has highlighted the growing importance of cyber insurance amid accelerating digital transformation and the increasing sophistication of cyber threats targeting …
Dubai strengthens trade resilience through customs and logistics initiatives
DUBAI: The Ports, Customs and Free Zone Corporation (PCFC) said the measures and initiatives implemented by Dubai Customs as part of its comprehensive proactive strategy have strengthened the smooth …