Dubai Islamic Bank, the biggest Sharia-compliant lender in the UAE, is open to acquisition opportunities in its home base and the markets it operates beyond the Arab world’s second-largest economy as …
New UAE tax: What it means for large companies
The UAE’s new 15 per cent tax on large multinational companies didn’t come as a shock to many corporates, according to analysts. And despite a short-term impact on profits, experts say it offers …
UAE finalises trade deal with five-nation EAEU bloc
The UAE has finalised an economic agreement with the Eurasian Economic Union (EAEU) that will reduce or remove tariffs and eliminate technical barriers to trade with five countries. The economic …
The Department of Culture and Tourism – Abu Dhabi announces the inscription of Henna
Abu Dhabi, United Arab Emirates: The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has announced the official inscription of Henna on UNESCO’s Representative List of the Intangible …
McLaren Automotive Acquired By Abu Dhabi And Bahrain
Abu Dhabi’s CYVN Holdings has teamed up with Bahrain’s sovereign wealth fund, Mumtalakat, to acquire McLaren’s automotive business and part of its racing division in a landmark deal valued at …
Hamdan bin Zayed issues Decree to protect soil from degradation in Abu Dhabi
Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the Environment Agency – Abu Dhabi (EAD), issued Decree No. (6) of 2024 regarding the issuance of a policy …
Dubai real estate: Binghatti delivers 6 projects at Jumeirah Village Circle with more than 2,000 units
Dubai real estate developer Binghatti delivers residential projects in Jumeirah Village Circle with total of 2,062 developers …
‘Clean UAE’ campaign reaches its 4th stop in Sharjah
The 23rd session of the “Clean UAE” campaign, organised by the Emirates Environmental Group under the esteemed patronage of the Ministry of Climate …
UAE buys Mclaren’s automotive business following record losses
Discover how Abu Dhabi’s sovereign wealth fund has taken over McLaren’s automotive arm as the British supercar maker faces record losses, ongoing financial strains, and a push towards electrification.
Dubai’s DIB open to acquiring other banks and FinTech businesses, CEO says
Dubai Islamic Bank, the biggest Sharia-compliant lender in the UAE, is open to acquisition opportunities in its home base and the markets it operates beyond the Arab world’s second-largest economy as …
Fintech Abu Dhabi affirms Abu Dhabi as hub for financial innovation
With a focus on payments, digital assets, digital security, and credit, the gathering also reaffirmed Abu Dhabi’s position as a global hub for financial innovation …
UAE GCAA launches Golden Package for private aircraft
The UAE General Civil Aviation Authority (GCAA) launched its transformative Golden Package for registering and operating private and business aircraft at the MEBAA Show on Wednesday.
UAE, EAEU finalise negotiations on Economic Partnership Agreement
The United Arab Emirates and the Eurasian Economic Union (EAEU) have successfully concluded negotiations aimed at reaching a comprehensive economic …
Astra Tech secures $500m funding for lending platform
Record funding for UAE fintech Cash to fund Astra Tech Ultra app All-in-one app has 150m users Dubai technology company Astra Tech has secured $500 million in financing for its fintech subsidiary, …
UAE buys McLaren after carmaker suffers record loss
British supercar maker McLaren has been sold to an Abu Dhabi sovereign wealth fund, in a deal presided over by the Emirate’s crown prince.
‘UAE won’t take long to revolutionise fintech ecosystem’: UK’s ex-PM Cameron in Abu Dhabi
David Cameron’s government had laid the ground for Tech City in London to develop it as a hub for tech start-ups …
UAE looks to boost $13.7bn trade with Russia, Armenia, Belarus, Kazakhstan and Kyrgyzstan bloc
UAE and the Eurasian Economic Union conclude negotiations on economic partnership between Gulf nation and Russia, Armenia, Belarus, Kazakhstan and Kyrgyzstan …