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Rimac Nevera: World’s fastest, road-legal EV now in UAE

Rimac will reportedly produce only 150 Nevera cars with a price tag of $2.1m each

In numbers: Dubai real estate registers best-ever performance in 2023

The value of real estate transactions exceeded Dhs634bn with the number of transactions reaching over 166,400 real estate transactions in 2023

DTC debuts on DFM Image WAM

Dubai Taxi Company debuts on Dubai Financial Market

Dubai Financial Market applied no price limits on DTC shares during the first day of trading

The Lana opens in Dubai: Inside Dorchester Collection’s first Middle East hotel

The hotel features The Lana Promenade, a central podium hosting retail outlets, restaurants, and an infinity rooftop pool, offering guests a vibrant and luxurious experience

Emirates to reinstate daily service to adelaide Image-Emirates

Emirates to relaunch daily flight to Adelaide

By December, Emirates will return to its pre-pandemic capacity offering 77 weekly services to Australia,with the ability to transport 68,000 passengers per week

mohamed alabbar-eagle hills group

5 things to know about Emaar’s new mall at Dubai Creek Harbour

Emaar’s ambitious new retail project at Dubai Creek Harbour could potentially be bigger than its flagship Dubai Mall

7 reasons why investors can't resist Dubai's real estate sector by Espace's John Lyons

Seven reasons why investors can’t resist Dubai’s real estate sector

High rental yields, demand for luxury homes and return on investments, here’s why investing in Dubai’s property market is appealing, explains Espace Real Estate’s MD

DFSA issues first ESG fee waiver to Emirates NBD

DFSA issues first ESG fee waiver to Emirates NBD

The waiver applies to all new and repeat issuers who make a relevant application to the financial regulator

Microsoft and DET sign deal to drive innovation in Dubai GettyImages

Dubai, Microsoft partner to power emirate’s digital economy

The joint effort will focus on logistics, technology enablement and adoption within the SME and education sectors

Sheikh Hamdan attends groundbreaking ceremony of the Hamdan Bin Rashid Cancer Hospital, part of @DubaiHealthae the hospital which is set to open in 2026 image courtesy www.hamdan.ae

Dubai breaks ground on landmark cancer hospital

The cancer hospital slated to open in 2026 marks a significant step toward providing advanced and accessible treatment for the disease in the UAE

Dubai real estate

Dubai real estate powers through January 2024 with Dhs35bn in sales

Off-plan sales grew by 25 per cent year-on-year in January as Dubai’s real estate sector continued to perform well in the new year

Sir Tim Clark Emirates Airlines - Boeing

Sir Tim Clark says Boeing in ‘last chance saloon’ — FT report

Clark made the comments to the Financial Times as he is reportedly preparing to send Emirates engineers to Boeing to oversee its 777 production lines

NWTN facility at KEZAD

Dubai-linked EV deal paused amid China Evergrande liquidation

China Evergrande New Energy Vehicle has suspended negotiations regarding a share subscription agreement with Dubai-based mobility firm NWTN

Sheikh Mohammed - bureaucracy

Zero red tape: Dubai’s Sheikh Mohammed eyes slashing bureaucracy

The programme will work to reduce the duration of government services by 50 per cent and re-engineer hundreds of government services

GCC markets update

GCC markets update: QE, DFM and Tadawul

Follow our live blog below to stay abreast of news and updates across the GCC markets

DUBAI SCHOOLS EID AL FITR BREAK: Winter break - Image-courtesy-KHDA

Sheikh Hamdan approves Dhs530m ‘Dubai Schools’ 6,400 seat expansion

This move is expected to result in the addition of over 6,400 seats, accompanied by the establishment of 295 classrooms and 123 laboratories and specialised classrooms

Emirates Literature Festival

Emirates Literature Festival 2024: A celebration of stories, books and people

Known as the region’s largest celebration of the written and spoken word, the festival has for over a decade and a half, hosted international and regional writers, poets, thinkers, and speakers from around the globe

Mashreq posts 130% rise in full-year profit

Mashreq’s annual profit surges to record on higher net income

The bank’s non-interest income reached Dhs3.1bn in 2023, up 13 per cent compared to the previous year

Decoding the anatomy of a Dhs600m Dubai property price tag

Earlier this year, Raffles The Palm Dubai announced the listing of the emirate’s most expensive penthouse. We talk to the team behind the listing to explain its valuation.

nol-card-metro

Dubai’s RTA invests Dhs350m to upgrade nol system

The upgrading of the nol system is one of the key deliverables of RTA’s Digital Strategy Roadmap 2023-2030 launched last December

weather rain

UAE rainfall sparks weather hazard warnings

Rain has fallen in parts of the UAE on Sunday morning as authorities have warned the public to be careful of potential hazards

Emirates NBD posts Dhs21.5bn in full-year profit

Dubai’s Emirates NBD posts 65% rise in 2023 earnings

The Dubai-based lender proposed a dividend of 120 fils per share for last year, doubling the amount paid to shareholders in 2022

UAE Golden Visa - Getty Images

UAE Golden Visa: Dubai makes major change to property down payment requirement

The UAE introduced the golden visa programme to allow for a 10-year residency to encourage exceptional individuals and foreign investors to establish deeper ties to the country.

Mercedes Benz Places by Binghatti unveiled Image Supplied

Binghatti unveils first Mercedes-Benz branded residential tower, here are the details

The residences will showcase mixed-use facilities comprising restaurants, sports and wellness zones, lounges, non-automotive retail, exhibition spaces, and parking

Dubai Financial Services Authority registers 117 firms in 2023, reflects 25% YoY growth Image WAM

Dubai Financial Services Authority registered 117 firms in 2023, reflecting 25% growth

The regulator licenced and registered a record-breaking 117 firms during the 12 months. This reflected an increase of 25 per cent from the previous year.

MBRAH at Dubai South reords highest ever private jet movements Image dubai media office

Private jet traffic soars at Mohammed bin Rashid Aerospace Hub

The number registered was 16,657 movements, a growth of 8 per cent over 2022, reflecting the highest movements achieved so far in the emirate

Sheikh Hamdan dubai

Sheikh Hamdan launches Dhs1.1bn scholarship programme for students

The programme, which will fund 100 Emirati students annually, will start accepting applications in April for the 2024-2025 academic year

Holiday Inn Dubai Business Bay - Reception

Holiday Inn Dubai Business Bay now open, debuts open lobby concept

Set in one of the most central areas of the city, the Holiday Inn Business Bay is an ideal choice for corporate and leisure travellers looking for easy access to Dubai’s business and recreational landmarks

Dubai D33 agenda on track, GDP growth rises 3.3% from Jan-Sep 2023

Accommodation and food services activities witnessed a strong 11.1 per cent growth in the first nine months of the year

Road-toll operator Salik to build two new toll gates in Dubai

This is where Dubai’s new Salik gates will be located

The two gates will be located at Business Bay Crossing on Al Khail Road, and Al Safa South on Sheikh Zayed Road