Suvashree Ghosh reports on Eric Trump rubbing elbows with some big shots of the crypto world at last week’s conference in Dubai.
Dubai Residential Reit and Flynas airline launch IPOs
Equity capital markets activity is picking up in the Persian Gulf. United Carton Industries has completed the institutional tranche of its IPO bookbuild, while two companies, Saudi budget airline …
UAE’s economic momentum continues, led by investment: HSBC
Simon Williams, chief economist for Central and Eastern Europe, Middle East and Africa at HSBC, affirmed that economic prospects for the Gulf Cooperation Council (GCC) region, particularly the UAE, …
UAE Cabinet, chaired by Mohammed bin Rashid, approves ‘UAE Strategy for Islamic Finance and Halal Industry’
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has chaired the UAE Cabinet meeting held at Qasr Al Watan, Abu Dhabi.The meeting was attended by …
UAE sets $697bn Islamic bank target and aims for Halal export boost; Cabinet reviews tourism sector amid $122.5bn goal
By 2031, the strategy targets significant growth, aiming to increase local Islamic bank assets to AED2.56tn ($697bn), increase local Sukuk issuances to AED660bn ($180bn), and international Sukuk …
UAE approves new strategy to develop Islamic finance, improve export of halal products
The UAE cabinet on Tuesday, May 6, approved a strategy with the goal of developing the Islamic finance industry and also raise the level of exports of halal products worldwide. Sheikh Mohammed bin …
Sheikh Mohammed approves UAE Strategy for Islamic Finance and Halal Industry
Sheikh Mohammed said, “I chaired a Cabinet meeting at Qasr Al Watan in Abu Dhabi, during which we approved the UAE Strategy for Islamic Finance and the Halal Industry. “The goal is to develop the …
‘Direct Debit’ raises pension contribution collection rate to 99.93%: Abu Dhabi Pension
Khalaf Abdullah Rahma Al Hammadi, Director-General of the Abu Dhabi Pension Fund, confirmed that the Fund’s early investment in digital systems has significantly contributed to increasing employer …
Abu Dhabi hosts first regional seagrass scientific workshop
The Yas SeaWorld Research and Rescue Centre, the largest facility of its kind in the region, recently hosted the first Arabian Regional Scientific Seagrass Workshop in partnership with the Environment …
Abu Dhabi real estate: Modon launches townhouse sales in Nawayef Village, Hudayriyat Island
Abu Dhabi’s Modon Holding has announced the launch of the first townhouses on Hudayriyat Island at Nawayef Village. The properties in the gated community formg part of the sought-after Nawayef …
Dubai real estate sets all-time monthly sales record in April
Dubai’s thriving real estate market set a new all-time monthly sales record of Dh62.4 billion in April, a 95.3 per cent increase in value on the same month last year. A market update by fäm Properties …
Dubai Property Transactions Hit Record High in April 2025
Property Finder, the leading property portal in the MENA region, has released its market performance highlights for April 2025, highlighting unprecedented peaks in Dubai’s real estate activity.
Satellite Images Show U.S. Carrier Operating Near Chinese Warships
New satellite images showed a U.S. aircraft carrier operating near Chinese warships in the Arabian Sea as it carried out attacks against the Houthis based in Yemen. Newsweek has reached out to the U.S …
Maersk Selects ZEDEDA to Power Edge Orchestration on Its Next-Generation IoT Connectivity Platform
ZEDEDA, the leader in edge management and orchestration, today announced that A.P. Moller – Maersk (Maersk) has selected ZEDEDA as a key technology provider enabling its next-generation IoT …
Mansoor bin Mohammed opens GISEC Global 2025 in Dubai
H.H. Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai Ports and Borders Security Council, today opened GISEC Global 2025, the world’s third-largest cybersecurity event, and the …
UAE aims to boost Islamic bank assets to Dh2.56 billion in six years
The UAE Cabinet on Tuesday set up a strategy for Islamic Finance and the Halal Industry, which aims to increase the assets of the country’s Islamic banks from Dh986 billion to Dh2.56 trillion within …
UAE unveils strategy to more than double value of Islamic banking and boost halal exports
The UAE on Tuesday set out plans to more than double the value of its Islamic banks and increase exports of halal products around the world.Sheikh Mohammed bin Rashid, Vice President, Prime Minister …