DUBAI, Sept 24 (Reuters) – Nakheel, the developer of the palm shaped islands off Dubai, is working with a group of banks to raise a loan for a new mall and, separately, it is planning to issue U.S.
Abu Dhabi just added a new sovereign wealth fund. Here’s why it matters
Abu Dhabi controls more than $1.7 trillion in sovereign wealth assets across ADIA, ADQ and Mubadala. Now, a fourth fund called L’imad is entering the mix. Mubadala’s Deputy CEO tells CNBC in Davos how …
Dubai launches Zhongtong electric buses: Sustainable UAE transport that runs 280km on one charge
Dubai has launched Zhongtong electric buses, capable of 280km on a single charge, marking a significant step in its 2050 zero-emission transport strategy. This initiative, part of a larger 735-bus …
Dubai’s district cooling boom drives Empower to record-breaking growth
Company’s connected capacity has risen 315-fold over two decades, supporting Dubai’s rapid urban development and sustainability drive …
Abu Dhabi Investment Authority: What it Means, How it Works
The Abu Dhabi Investment Authority is a government-owned investment organization that manages the sovereign wealth fund for Abu Dhabi, United Arab Emirates.
Dubai ahead of Ramadan 2026: What’s changing for parking, Salik, schools, work life
Dubai is gearing up for Ramadan 2026 with adjusted Salik toll timings, reduced paid parking hours and shorter work and school days. These changes aim to ease daily routines for residents and visitors …
Dubai Makes History as Gulfood Takes Over Two Mega Venues
Dubai Makes History as Gulfood Takes Over Two Mega Venues and Unveils the Expanded Dubai Exhibition Centre at Expo City The world’s largest annual food and beverage sourcing event returns in January …
Dubai expands EV Green Charger network to over 1,860 stations
DEWA currently provides four types of EV chargers across its network: ultra-fast, fast, public and wall-box chargers …
In Dubai, A Beachfront Island Villa Lists For $81.6 Million
Jumeirah Bay is the unique setting for Casa Maya—a dramatic contemporary oasis with four stories of high-design living space and 10,000 square feet of beachfront.
Abu Dhabi rolls out blood test capable of detecting 50+ cancer types
Abu Dhabi launches a groundbreaking Multi-Cancer Early Detection blood test that identifies early signs of over 50 cancer types, marking a significant advancement in preventive healthcare.
French utility Engie secures funding for its largest solar park in Abu Dhabi
Engie’s 1.5 GW solar project in Abu Dhabi, its largest globally, accelerates its strategy in the high-growth Middle East energy market.
Baidu’s Apollo Go & AutoGo Launch Fully Autonomous Ride-Hailing in Abu Dhabi
Baidu’s autonomous ride-hailing service, Apollo Go and UAE-based AutoGo, owned by K2, have launched a fully autonomous commercial ride-hailing service in Abu Dhabi. The service is available via the …
International Defence Conference 2026 wraps up in Abu Dhabi
Abu Dhabi: Held under the patronage of His Highness Sheikh Hamdan bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Special Affairs and Chairman of the Smart and …
Germany’s CargoCrew establishes regional headquarters in Dubai
Founder Ikizoglu says the UAE launch is a defining milestone for the group as Dubai gives them a powerful platform to connect continents …
Nigel Farage seeks meeting with UAE president to boost profile and build ties
A meeting with Sheikh Mohamed bin Zayed Al Nahyan would deepen Reform UK leader’s links to the oil-rich Gulf state …
Baidu-backed Apollo Go starts public driverless taxi service in Abu Dhabi
Apollo Go, the autonomous ride-hailing unit of China’s Baidu, said on Saturday it has launched fully driverless commercial ride-hailing services open to …
Abu Dhabi launches new blood test that detects over 70 hard-to-find cancers in early stages
Abu Dhabi has introduced a new blood test that can detect dozens of cancers at an early stage, offering a simpler and less invasive approach to screening and raising hopes for earlier diagnosis and im …