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Posted on 23/05/2025

Abu Dhabi property prices rise 7.2% annually in Q1 2025 despite sales volume drop: Report

Villa prices outperformed apartments, climbing 2.7 per cent quarterly and 9.7 per cent annually to 134.7 points in Abu Dhabi …

Posted on 23/05/2025

OpenAI to build world’s largest AI data centre in UAE

OpenAI unveiled plans on Thursday to build a massive computing complex in the United Arab Emirates, The New York Times reported …

Posted on 23/05/2025

Softowell announces launch of The UAE Time to spotlight the UAE’s innovation and culture

Discover UAE’s innovation, culture, and global impact through a new digital magazine covering a wide range of topics.

Posted on 23/05/2025

UAE participates in GITEX Europe 2025 to highlight startup solutions and explore German and European market opportunities

The UAE delegation to GITEX Europe was led by H.E. Alia bint Abdulla Al Mazrouei, Minister of State for Entrepreneurship. Her Excellency inaugurated the UAE Pavilion at the exhibition, accompanied by …

Posted on 23/05/2025

LOT strengthens its footprint in Sharjah with new flagship store at LuLu Hypermarket

LuLu’s value concept store, LOT, has strengthened its footprint in the UAE with the launch of its newest and largest branch in Sharjah at LuLu Hypermarket, Al Wahda Street. This strategic expansion …

Posted on 23/05/2025

When is Arafat Day 2025 and will Dubai have a day off work?

There’s nothing Dubai residents love more than a public holiday. And in June 2025, we’re set for a bumper break as Arafat Day and Eid Al Adha are set to give us a lovely four-day weekend. Arafat Day …

Posted on 23/05/2025

UAE banking stocks: CI Capital overweight on ADCB; raises target price for FAB

The brokerage ranked First Abu Dhabi Bank (FAB), listed on ADX, as its second-best pick among the UAE banks, maintaining its “overweight” call and increasing target price by 5.3% to AED 20 per share.

Posted on 23/05/2025

Returns, risks, regulations: Driven Properties’ Hadi Hamra on Dubai’s off-plan property market

Image: SuppliedDubai’s off-plan real estate market continues to capture investor interest with its blend of flexibility, affordability, and high returns. As the city attracts a growing number of …

Posted on 23/05/2025

The Middle East’s largest hydrogen facility

The UAE intends to build the Middle East’s largest hydrogen manufacturing facility, reinforcing the region’s ambition to achieve the alternative fuel and clean energy transition.

Posted on 23/05/2025

Stargate to land its first offshore datacenters in the United Arab Emirates

Says it will serve half of humanity but testing that claim produced a hilarious ChatGPT fail Stargate, the Open AI led consortium that aims to build giant AI datacenters, has picked the United Arab …

Posted on 23/05/2025

‘UAE Verify’ platform issues nearly 22mln certified documents

ABU DHABI – The UAE Verify platform, affiliated with the Telecommunications and Digital Government Regulatory Authority (TDRA), has issued over 21.789 million certified digital documents since its …

Posted on 23/05/2025

JP Morgan-backed ISG partners with Bank of Baroda to launch UAE’s Jaywan Cards

The introduction of Jaywan Cards will help Bank of Baroda’s UAE unit significantly enhance merchant acceptance by offering lower costs and fees …

Posted on 23/05/2025

Bybit becomes first crypto exchange to enable global stock trading with USDT

UAE – Bybit, a Dubai-based cryptocurrency exchange, has launched direct trading of top global stocks with USDT, according to a press release. This comes as a part of its expanding Gold & Forex (MT5) …

Posted on 23/05/2025

Abu Dhabi’s IHC to double assets to $218bn by 2030, CEO says

International Holding Company (IHC), the largest listed company in the UAE, aims to double its asset base to Dh800 billion ($218 billion) and hit the Dh200 billion annual revenue mark by the end of …

Posted on 23/05/2025

The Integrated Transport Centre (Abu Dhabi Mobility) urges owners to abide by the guidelines for managing multi-storey parking in private buildings

Abu Dhabi Mobility is the brand identity launched by the Integrated Transport Centre, an affiliate of the Department of Municipalities and Transport, that is aligned with Abu Dhabi’s ambitious vision …

Posted on 23/05/2025

OpenAI and Nvidia among companies building Stargate AI infrastructure in UAE

OpenAI and Nvidia will join other companies to build Stargate UAE, an artificial intelligence infrastructure cluster, in a sister project to the recently unveiled push to expand AI infrastructure in the United States.

Posted on 23/05/2025

UAE: Professors using AI? Students say they feel ‘cheated’, educators urge transparency

Universities say their approach is rooted in three values: integrity, transparency, and collaboration. When used ethically, AI doesn’t dilute education, it enhances learning.

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