A Sharjah couple refused to leave a Dubai immigration firm’s office for four days after the company allegedly failed to secure their permanent residency in Canada, despite upfront payments. Frustrated …
UAE weather: Chances of rainfall in some areas; yellow alert issued for rough sea
The National Centre of Meteorology (NCM) issued a yellow alert on Saturday, August 10, for rough sea and fresh winds reaching up to 40kmph, blowing in a northeasterly direction. The weather department …
Dubai: Can Traffic Be Eased By Imposing Congestion Charge?
London, San Diego, Stockholm, Singapore and Milan are some of the busiest cities in the world that impose congestion charge – a tariff on motorists to enter and drive around busy areas at certain …
Abu Dhabi’s ADQ buys stake in Patrick Drahi’s Sotheby’s
Abu Dhabi-based sovereign wealth fund ADQ is to take a stake in Sotheby’s as part of a $1bn capital injection alongside existing owner Patrick Drahi as the auction house seeks to cut debt and fund …
Emaar recorded impressive growth of 56% in group property sales in H1 2024 reaching AED 31.5 billion (US$ 8.6 billion)
Emaar’s property sales backlog reaches AED 90.1 billion (US$ 24.5 billion), set to further boost future revenue Net profit before tax grew by 33% to AED 7.8 billion (US$ 2.1 billion) in H1 2024 …
Dubai Traffic Alert: Accident On MBZ Road Delays Expected
The Dubai Police has alerted about an accident on the sheikh Mohammed Bin Zayed Road on Friday evening. In a social media post, it said the accident that has occurred after Mirdif City Centre Bridge, …
Renty’s Yevhen Parokhod on running a successful business in the UAE
Yevhen Parokhod, the founder of Renty.ae, shares insights on starting a car rental business in the UAE and discusses challenges and opportunities …
UAE: Trial Ordered For Gang Of 100 Who Terrorised Victims, Extorted Money
More than 100 individuals, believed to be part of a syndicate, are set to stand trial in Abu Dhabi for “crimes that threaten the state’s security, public order, and peace”, authorities announced on …
UAE: Teen Who Can’t Leave House Due To ‘Deformed Legs’ Undergoes Life-Changing Surgery
Khamis Al Ahbabi, Mohamed’s father, said they only wished for a normal, happy life for their son.“We were sad that he couldn’t leave the house and enjoy the outdoors. And since he studied remotely due …
Tropical Storm Debbie: UAE urges citizens in US to exercise caution
Image Credit: AFP Dubai: The UAE Consulate in New York has issued an advisory to Emirati residents in New York City and New Jersey due to strong winds, heavy rains, and flooding caused by Tropical …
UAE Suspends 32 Gold Refineries in Anti-Money Laundering Investigation
The United Arab Emirates suspended this week operations in 32 of its gold refineries after inspections revealed that its gold sector had committed hundreds of anti-money laundering violations.
NIA arrests wanted Khalistani terrorist Tarsem Singh after extradition from Abu Dhabi
The National Investigation Agency (NIA) made a significant arrested this morning, apprehending a crucial associate of the infamous foreign-based terro …
Dubai AI and Web3 Festival: Pioneering Global Innovation and Market Expansion
Executives from leading AI companies praised UAE and Dubai’s leadership in fostering innovation and attracting global talent. During a panel discussion, they emphasized the forthcoming Dubai AI and …
UAE, a global hub for cultivating disruptive technology: AI experts
Nader Al Bastaki, Managing Director of Dubai Future District Fund, underscored the importance of raising awareness and building trust within the AI sector by engaging in discussions with stakeholders …
Abu Dhabi Invests In Art In $1 Billion Deal With Sotheby’s
Abu Dhabi’s latest bet? Blue-chip art.ADQ, an Abu Dhabi sovereign-wealth fund, said Friday it had agreed to a roughly $1 billion investment deal with Sotheby’s to become the New York auction house’s …
Abu Dhabi’s ADQ, Sotheby’s majority owner Drahi to invest $1 billion in auction house
DUBAI (Reuters) -Abu Dhabi wealth fund ADQ and Sotheby’s majority owner Patrick Drahi will invest $1 billion in the auction house in a deal that will see ADQ acquire a minority stake in the company, …
Abu Dhabi Will Acquire a Minority Stake in Sotheby’s Auction House
ADQ, Abu Dhabi’s sovereign wealth fund, has signed a definitive agreement to acquire a minority interest in Sotheby’s, the auction house announced. Its owner, the telecom billionaire Patrick Drahi, …