News

As Chief Executive Officer of DarGlobal PLC, Ziad El Chaar has been the driving force behind the company’s transformation from a traditional real estate developer into a global lifestyle brand. Since ...
Gulf Cooperation Council (GCC) countries are set to spend more than $542 billion in 2025, outpacing projected revenues of $487.8 billion. The figures, released by the Statistical Centre for the ...
In a strategic move that deepens its imprint on Dubai’s most prestigious precinct, OMNIYAT has announced the acquisition of Marasi Bay Island, a landmark addition to its ultra-luxury portfolio in the ...
The UAE continues to reinforce its position as a global exemplar in the development of a peaceful nuclear energy programme, characterised by stringent safety measures, transparency, and active ...
Several Gulf banks recorded strong profits in the first quarter, largely fuelled by increased lending. However, banks in Qatar and the UAE appear particularly exposed to potential interest rate cuts.
EIGHTClouds is a boutique alternative investment firm based in Dubai, specialising in Private Equity, Credit, and Real Estate, throughout the GCC. The capital injection will support the company’s ...
The Dubai Future District Fund (DFDF) has revealed a significant update on its performance in 2024 at its Annual General Meeting, disclosing capital commitments exceeding $1.65 billion and support ...
The Abu Dhabi Fund for Development (ADFD) has announced that its total development financing reached AED 216.5 billion by the end of 2023. This funding has supported economic and social advancement ...
Acting on the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, in his capacity as Ruler of Abu Dhabi, H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu ...
The Central Bank of the UAE (CBUAE) has announced the issuance of 7,000 silver commemorative coins to mark the Golden Jubilee of Dubai Islamic Bank (DIB), recognising the institution’s pioneering ...
Emirates has deepened its partnership with Air China through a Memorandum of Understanding (MoU), aiming to enhance connectivity and provide more travel options between the UAE and mainland China. Sir ...
NMDC Group, a UAE-headquartered energy and marine services firm, has confirmed its acquisition of a 70% stake in Maritime Industrial Services. The strategic move is intended to strengthen its ...