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Saudi Tadawul Group acquires 32.6% stake in Dubai Mercantile Exchange

Saudi Tadawul Group acquires 32.6% stake in Dubai Mercantile Exchange

The trading platform will be rebranded the Gulf Mercantile Exchange and expand in energy, metals and agricultural products as part of the deal

MoF issues new law governing public-private-partnrships-Photo-courtesy-WAM.jpg

UAE: MoF issues new law governing public-private partnerships

The new law will accelerate the implementation of projects that offer added value for public funds, minimise financial and operational risks to the government

United Printing & Publishing rebrands to E7 Group

Abu Dhabi’s United Printing & Publishing rebrands to E7 Group

The new brand identity combines ‘Emirates’ and ‘7’ and is inspired by the UAE’s unity and future-facing strategy

G42 invests in new edge computing firm Analog

UAE’s G42 unveils new edge computing firm Analog

The venture’s journey from concept to reality is marked by human-focused innovation, design, and solutions that resonate on a human level

Dubai news _Yousuf Lootah Head of DET Environmental Sustainability Social Responsibility Committee at the award ceremony for DET's DST stamp initiative Image Supplied

Dubai Sustainable Tourism Stamp: DET awards 70 hotels; see list

Dubai is the first city in the region to mandate sustainability criteria for its hotel classification system, with the DST initiative further reinforces its drive to become a leading sustainable destination

Blacklane Middle East - travel trends (Image: Supplied by Blacklane Middle East)

Here’s how travel, transportation will change for UAE consumers in 2024

As we navigate the ever-evolving travel landscape, 2023 has laid the groundwork for a more conscious, luxurious 2024 journey ahead

jobs in UAE, Saudi Arabia

Trends shaping the 2024 jobs landscape in UAE, Saudi Arabia

Better salaries and a better work-life balance, are the top reasons for seeking a job change, as 62 per cent employees consider a job move this year

Sheikh Hamdan launches ‘Dubai Integrated Housing Center’

Sheikh Hamdan launches ‘Dubai Integrated Housing Center’. Here’s why

The centre addresses the diverse needs of citizens, with a specific focus on housing, construction and land services

Dubai UAE

Used cars: UAE’s most popular brands and how much they cost

Online marketplace dubizzle has published its latest 2023 used car sales report, highlighting which brands proved most popular last year

Dubai wealth fund unveils new logo in rebranding push

Dubai wealth fund unveils new logo in rebranding push

The fund is chaired by Sheikh Hamdan bin Mohammed Al Maktoum, Crown Prince and Chairman of The Executive Council of Dubai

OKX receives VASP licence from Dusai’s VARA

Crypto exchange OKX secures VASP licence from Dubai’s VARA

When operational, the licence will enable the company to provide spot services and spot-pairs services to qualified retail clients

China Construction Bank’s $600m green bond listed in Dubai

China Construction Bank lists $600m green bond on Nasdaq Dubai

The total value of bonds listed on Nasdaq Dubai by the lender, comprising the issuances by Hong Kong and Dubai branches, now stands at $2.45bn

Parkin CEO Eng. Mohamed Al Ali.

Dubai’s Parkin names RTA veteran as new CEO

Dubai’s newest public joint stock company, Parkin, has announced that Mohamed Al Ali is its new CEO

UAE economy to grow by 5% in 2024

UAE economy to grow by 5% in 2024, says S&P Global

The rating agency is projecting continued strong momentum in Dubai’s hospitality, and financial services sectors to drive growth in 2024/25

DEWA commissions 1,414 substations in 2023

DEWA commissions 1,414 distribution substations in 2023

The number of medium voltage substations (11kV and 6.6kV) reached 44,015 stations by the end of the year

Dubai’s new Latifa City: 3,500 plots, 2,300 homes for UAE citizens

The Dubai housing plots earmarked for UAE citizens span an area of 40 million square feet, including 2,700 plots in Latifa City

Ahmed Abdelaal, group CEO, Mashreq

Power Letters 2024: Ahmed Abdelaal, group CEO, Mashreq

Mashreq is more committed than ever to lead the way in digital innovation, client experience, sustainability, and inclusive growth

luxury real estate in Dubai. Palm Jumeirah, Dubai, United Arab Emirates

Dhs10bn in 1 week: See Dubai’s latest real estate data

Dubai recorded a total of 2,910 real estate and properties transactions valued at Dhs10.1bn for the week ending 12th January

ADQ and ADNEC Group to acquire stake in Egyptian hotel company GettyImages-520265584-e1703142282632

UAE’s ADQ, ADNEC Group to acquire 40.5% stake in Egyptian hospitality company

ADQ and ADNEC will invest in the company through a special purpose vehicle, with 49 per cent equity ownership by ADQ and 51 per cent equity ownership by ADNEC

DP World signs 3bn MoUs with India’s Gujarat state government

This Indian state has signed MoUs worth $3bn with DP World

The MOUs cover the development of new ports, terminals, and economic zones in the Indian state

Dubai’s own clocktower: First look at London Gate’s $545m Franck Muller Aeternitas

Standing tall at 106 floors, the residential clocktower will redefine the Dubai skyline and house an exclusive range of homes by London Gate

Mother, son and pets

Woofing success: The Petshop’s CEO talks dogs, cats and investments

The UAE’s pet care industry is worth over $360m and is expected to reach $2bn by 2025

BUILT WIND POWER

The case for decarbonising the built sector

Circularity has the potential to create substantial economic advantages, with projected yield on annual net profit gain of up to $46bn by 2030

Hatta Beach project and other projects approved by Sheikh Hamdan Image courtesy X Dubai Media Office

Sheikh Hamdan approves Hatta Beach Project, private school and council to be set up

Hatta Beach will stretch across 10,000 square metres alongside an artificial lake and will feature a host of amenities and services for visitors

Some roads in Dubai will have new names here's why

You will soon be able to suggest new names for Dubai roads, here’s how

Steps to engage and involve community members and accept proposals from them for new road names will start in the upcoming phases of the initiative

Al Habtoor Goup's Khalaf Ahmad Al Habtoor

Al Habtoor Group threatens Lebanon with investment dispute notice

UAE conglomerate, the Al Habtoor Group, has moved to serve an official Investment Treaty Dispute against the Lebanese government

Sharjah SEC approves transports service between Sharjah and Oman image courtesy Sharjah Tourism

Bus service between Sharjah and Oman to commence soon

Daily trips will be operated from Al Jubail Station in Sharjah to Al Azaiba Bus Station in Muscat and vice versa

Mubadala lists dual currency bond on ADX

Abu Dhabi’s Mubadala lists $5.3bn dual currency bond on ADX

The listings include Mubadala’s debut green bond and the fund’s inaugural dirham-denominated bond

UAE: Fourth edition of 'World's Coolest Winter Campaign' kicks off image DUbai Media Office

UAE: Fourth season of ‘World’s Coolest Winter Campaign’ kicks off

In its third season, the campaign saw tourists numbers reach 1.4 million, an increase of 8 per cent compared to the second edition

Mubadala Abu Dhabi Open: WTA top seeds Raducanu, Jabeur, Maia to participate

Mubadala Abu Dhabi Open: WTA top seeds Raducanu, Jabeur, Maia to participate

This year, the Mubadala Abu Dhabi Open tournament features 10 of the Women’s Tennis Association’s top 20-ranked players