Dubai’s Jumeirah Bay Island plot sells for $50mn as ultra-luxury market soars
Unique Properties, a leading developer in the ultra luxurious real estate market of Dubai, announced successfully closing another record transaction…
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UAE Central Bank revokes licence of Dynamics Insurance Brokers for regulatory breaches
According to the CBUAE, the decision was made in accordance with article 22 (2) of the Board of Directors of…
Ramadan effect fuels Middle East mobile app revenues to cross $1.7bn: Report
The activity of mobile applications throughout the region saw a significant lifting door this year, with the rise in purchase…
Dubai real estate sector sees $38.9bn of sales in Q1; top-performing areas, most expensive properties and average price rise revealed
The real estate market of Dubai has continued its buoyant start until 2025, registering total sales by AED142.7bn ($ 38.9bn)…
Dubai Land Department teams up with UAE free zone authority to simplify property ownership
The Dubai Land Department (DLD) and the Ajman Free Zone Authority (AFZA) have signed a group of cooperation set to…
Air Arabia announces Abu Dhabi to Almaty flights
Air Arabia Abu Dhabi announced the incorporation of a new route without stopping to Almath in Kazakhstan from Zayed International…
Standard Chartered’s SC Ventures to replicate Asia, Africa SME model in GCC
SC Ventures, the innovation of Standard Chartered, Fintech Investment and Ventures ARM, aims to replicate its successful SME construction strategy…
UAE strengthens ties with China’s Guangxi Region, focus on tourism, entrepreneurship, transport, and logistics
The EAU and the China Autonomous Region of Guangxi Zhuang explore opportunities to improve bilateral economic cooperation in sectors of…
OPEC+: Saudi, UAE, Kuwait, Oman and others announce oil production increase
Saudi Arabia, Eau and Oman have joined other members of the OPEC+ in the decision to increase oil production. The…
Abu Dhabi’s CYVN completes McLaren acquisition with Bahrain’s Mumtalakat
The Cyvn Holdings of Abu Dhabi and the Sovereign Fund of Bahrein Mumtalakat Holding have announced the successful completion of…