The investment aims to help the Maldives diversify its economy beyond tourism and fisheries and address its debt obligations.
Dubai-Based Firm to Invest $8.8B to Develop Blockchain Financial Hub in Maldives
MBS Global Investments, the Maldives government signed a joint venture agreement on Sunday to build $8.8 billion crypto hub in Malé.
$500 million Pakistani goods entering India via other countries despite import ban: Report
Following the deadly terror attack in Pahalgam, India banned all imports from Pakistan, but Pakistani goods worth $500 million are reportedly entering India through third countries like the UAE, …
5 of the best restaurants in Dubai this week: May 5 to 8
What’s cooking in Dubai? This… Dubai’s food game is nonstop, and if your week revolves around what’s on your plate, you’re speaking our language. From the latest openings to exclusive pop-ups and chef …
Dubai’s Crown Prince reviews road projects set to cut travel time, boost mobility
The Crown Prince was briefed on the deployment of smart technologies to monitor road infrastructure projects across the emirate Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, …
Senator Warren Calls $2B Trump-UAE Crypto Deal ‘Shady,’ Urges Against Senate Crypto Legislation
Senator Warren says the Senate’s stablecoin bill would let the president “profit” off his own crypto as foreign powers buy in.
Sharjah’s SEWA expands power network in Al Qutainah 1 project
As part of the project, six substations have been installed and connected, along with 14 electricity distribution panels, ensuring a stable and efficient power supply …
Abu Dhabi’s economic delegation to Japan explores new avenues to strengthen partnerships
As part of Abu Dhabi’s ongoing efforts to enhance ties with leading global economies, the Abu Dhabi Department of Economic Development (ADDED) will lead the emirate’s economic delegation to Japan from …
UAE non-oil business grows steadily in April as hiring speeds up, PMI shows
Growth in the UAE’s non-oil private sector held steady in April, while employment rose at the fastest pace in 11 months as firms sought to reduce workloads and support new business growth, a survey …
MGM Tower in Dubai Set to Open by 2027
The upcoming MGM Tower in Dubai is making steady progress and is now five floors up, according to MGM Resorts International CEO William Hornbuckle. The project is expected to be completed by the third …
New to Dubai? Here’s the best gyms to book in 2025
This year is all about keeping your fitness in check. With all the gyms in Dubai you’re sure to stay on track.
Dubai Traffic This Morning May 5th 2025
AM on Monday, May 5, 2025, traffic conditions in Dubai are experiencing typical weekday congestion, particularly along major routes such as Sheikh Zayed Road and the E11 corridor. According to the …
Dubai Family Office to Invest $8.8B to Turn the Maldives Into a Blockchain Hub
Gulf investors are betting on digital assets in a tourism-reliant island nation, as the Maldives seeks to diversify its economy.
Eric Trump talks crypto at Dubai conference “Token 2049”
Just two weeks before his father’s visit to the Gulf, Eric Trump was in Dubai touting Crypto and slamming the traditional banking system as “broken.” …
Expo Centre Sharjah, WTC Kentucky discuss enhancing cooperation
Saif Mohammed Al Midfa, CEO of Expo Centre Sharjah and member of the World Trade Centres Association (WTCA)’s Conferences and Exhibitions Advisory Council, affirmed Expo Sharjah’s commitment to …
Abu Dhabi Locks in Middle East Film & Comic Con Through 2027
DCT Abu Dhabi and Informa are keeping MEFCC in the UAE capital, as it continues to grow into a major regional pop culture event.
G42’s Ambitious US Expansion Fuels AI Advancements in Abu Dhabi
The global landscape for artificial intelligence is rapidly evolving, and Abu Dhabi’s G42 is making significant strides towards establishing its …