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The Abu Dhabi Securities Exchange has initiated the pricing phase for the MENA region's first bond underpinned by distributed ledger technology, marking a
Aldar Investment has sealed the acquisition of 17 high‑quality warehousing and light industrial units from Waha Capital for AED 530 million, immediately expanding its net leasable
Abu Dhabi’s population surged by 7.5 per cent in 2024, reaching 4,135,985, fresh figures from the Statistics Centre – Abu Dhabi reveal. This marks a 51 per cent
The US leveraged loan market has shown remarkable composure following escalations in the Middle East, with key price benchmarks holding steady and investors largely
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum has greenlit an ambitious slate of strategic initiatives aimed at bolstering Dubai’s stature as a global epicentre
Dubai’s Roads and Transport Authority has completed a trio of targeted road improvements in Business Bay, seeking to significantly enhance traffic flow, safety, and
Abu Dhabi sovereign investor ADQ is negotiating the acquisition of a 35 percent stake in Limagrain’s vegetable seeds unit, forging a strategic partnership focused on
By Saifur Rahman
A number of UAE developers are entering the lucrative US$110.83 trillion real estate market in the United States, after their success in
Dubai’s skyline is poised to gain a striking addition as OMNIYAT officially unveiled its Visionary commercial tower, Lumena, a 48-storey ultra‑luxury workplace development on
A fully overhauled six‑bedroom villa in Arabian Ranches 2 has sold for AED 14.5 million, establishing a new sales record for the community. The property, refurbished by
Saudi Arabian Oil Company, widely known as Aramco, is dramatically expanding beyond its oil and petrochemical roots into a diversified, technology-centric energy powerhouse. Under
Gulf economies—led by the UAE and Saudi Arabia—are forecast to sustain stronger growth, underpinned by higher oil output and robust non-oil activity, even as
Santos Ltd’s board of directors has endorsed a US $18.7 billion cash offer from an Abu Dhabi-led consortium, pledging immediate relief for stretched gas markets but
Oil markets surged on Tuesday and Wednesday as escalating military exchanges between Iran and Israel sparked investor anxiety. Brent crude futures climbed approximately 2.1 per cent
The United Arab Emirates has cautioned against a dangerous spiral between Israel and Iran, as its foreign minister strongly warned that "uncalculated and reckless
Bitcoin.com has established its first Middle East and North Africa regional headquarters at Dubai’s DMCC Crypto Centre, signalling a strategic expansion in the emirate’s
Dubai’s iconic Palazzo Versace Hotel is being offered at auction with an opening bid of approximately $163 million, a sharp reduction from its last estimated value
Donald Trump’s financial disclosure for the 2024 calendar year reveals more than $600 million in gross income and at least $1.6 billion in assets, offering a
FDI inflows into the Gulf Cooperation Council economies are set to decelerate in 2025, according to S&P Global Market Intelligence, ending a decade-long surge. Investor
Dubai has unveiled a landmark recruitment drive, inviting skilled expatriates to fill key roles across public-sector departments with monthly salaries reaching AED 40,000. The official
IFA Hotels & Resorts, the hospitality arm of Dubai-listed International Financial Advisors Holding Company, has received board approval to increase its capital. The
OpenAI is holding discussions with a range of international investors—including Saudi Arabia’s Public Investment Fund, Reliance Industries of India, and Abu Dhabi’s MGX—to raise
Business registration has officially opened for retail and food outlets wishing to participate in Season 30 of Global Village, with organisers announcing that entrepreneurs