Home next GCC next UAE

UAE

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

UAE GDP growth-in-2024 to grow by 3.7 per cent forecasts World Bank report GettyImages-1432592872-e1670484896463

UAE GDP projected to grow by 3.7% in 2024, 3.8% by 2025: World Bank

Growth in Saudi Arabia is projected to grow by 4.1 per cent this year, rising to 4.2 per cent next year

Sheikh Mohamed in Gujarat

UAE President Sheikh Mohamed lands in India for Vibrant Gujarat Global Summit

The Vibrant Gujarat Global Summit will see the participation of 34 countries and 16 international organisations in its 10th edition

Ex-UAE climate change minister to head IHC’s $27bn fund

Ex-UAE climate change minister to head IHC fund 2PointZero

The investment vehicle’s sprawling portfolio includes Abu Dhabi’s newest fund Lunate, International Resources Holding, and private investment firm Chimera

indigo seat prices

Sky wars: India’s Indigo drastically cuts tickets prices

The airline has cutback on fuel surcharge but increased prices for seat selection

DIFC to organise hedge fund event in May Image WAM DIFC

Dubai: DIFC, HFM partner to launch region’s first hedge fund event in May

The invitation-only event will provide attendees with insightful content sessions, interactive roundtables and integrated networking activities

Khalifa fund TAMM

Khalifa Fund transitions services to TAMM platform, increases accessibility to SMEs

With the transition to TAMM, Khalifa Fund is poised to provide more efficient and accessible services to entrepreneurs in the emirate

Kanoo Group

Dubai named world’s best destination by Tripadvisor, yet again

Dubai, for a third year in a row, has been voted the world’s best travel destination by users of the travel app

Alpha Dhabi transfers stake in Gordon to ADNOC Drilling JV

IHC’s Alpha Dhabi transfers 25% stake in US firm to ADNOC Drilling JV

The $180m equity stake marks the initial strategic investment by Alpha Dhabi in the venture

Q Holding

IHC’s Q Holding revamps top leadership with new group CEO

The new management team has been brought on from Modon Properties as the group undergoes a restructuring since August last year

DWTC to host over 70 exhibitions in H1 2024

Dubai: DWTC to host these key exhibitions, conferences in H1 2024

The upcoming events will take place across two venues – DWTC and Dubai Exhibition Centre (DEC) at Expo City Dubai