News

Dubai has introduced a landmark decision to strengthen protections for financial whistleblowers in the public sector. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, ...
Dubai Holding has successfully completed the initial public offering (IPO) of Dubai Residential REIT on the Dubai Financial Market (DFM), attracting strong interest from investors. The offering drew ...
The Central Bank of the UAE has imposed a financial penalty of AED200 million (USD54.5 million) on an exchange house, in line with Article 137 of Decretal Federal Law No. 14 of 2018 concerning the ...
Dubai’s real estate market showed remarkable growth throughout 2024, with total transaction values across all sectors reaching $207 billion, according to Knight Frank’s 2025 Destination Dubai report ...
The Ministry of Finance (MoF) has announced the issuance of Cabinet Decision No. (55) of 2025 on Exempting Certain Persons from Corporate Tax for the purposes of Federal Decree-Law No. (47) of 2022 on ...
Saudi Arabia’s Public Investment Fund (PIF) is preparing to double its European investments to $170 billion by 2030, according to its Governor, Yasir Al-Rumayyan. Speaking at the Future Investment ...
OpenAI is planning to support the development of a vast new data centre in the United Arab Emirates, which could potentially become one of the largest in the world. The creator of ChatGPT is expected ...
Saudi Arabia has spotlighted investment opportunities worth over SAR 50 billion ($13.3 billion) in the Hail region, reinforcing its drive to diversify the national economy. The announcement was made ...
The Reserve Bank of India has granted in-principle approval to Emirates NBD Bank PJSC to establish a wholly owned subsidiary in India, the central bank announced on Monday. Emirates NBD, the largest ...
Investors arrived at Capital Golden Tower in Business Bay expecting answers, yet they found only dust, ripped phone lines, and a black garbage bag leaning against an abandoned doorway. Until last ...
In a significant step towards enhancing urban livability, Dubai has launched a major affordable housing initiative aimed at skilled professionals in both the public and private sectors. Announced by ...
The UAE has inaugurated the fourth and largest edition of Make it in the Emirates, a flagship initiative to fast-track industrial expansion and economic diversification in line with the National ...