The Mohammed bin Rashid Innovation Fund Accelerator aims to support local and international innovators that can contribute to the UAE's economy The UAE’s Ministry of Finance has launched the Mohammed bin Rashid Innovation Fund Accelerator, a new public-private partnership to support...

Souq said the 23,000 square metre facility in Dubai South will increase the selection of products and speed for customers Amazon-owned Souq.com has opened a new fulfilment centre in Dubai that it says will create over 600 jobs in the first year of operations. Souq said the 23,000...

The UAE's monetary base has also expanded 6 percent to an 11-month high Total foreign currency assets held by the UAE’s Central Bank stood at AED 346.3 billion in November ($94.28 billion) against AED 327 billion ($89 billion) in October 2018, according to new figures released by the...

Hundreds of tree trunks will rise from the ground floor, giving visitors the impression they are walking through a forest The Sweden Pavilion at Expo 2020 Dubai will feature tree houses as part of a design to recreate the Nordic forests of Scandinavia in the desert. Designed by a...

Ajman budget's largest allocation is divided between infrastructure, community facilities and the environment, accounting for 37% of total Sheikh Humaid bin Rashid Al Nuaimi, Ruler of Ajman, has approved the general budget of the Ajman Government for 2019-2021. The budget amounts...

In terms of cities, Dubai was ranked No.2 worldwide, with 10 tall structures completed in 2018 The UAE has been ranked third worldwide when it comes to the construction of super structures, with 10 buildings over the 200-metres mark having been completed in 2018, the most recent report...

The central bank said it had been working with the bank and the government of Sharjah to develop a plan to strengthen the lender's capital base. The central bank of the United Arab Emirates (UAE) said on Sunday it stood ready to extend "all the available liquidity facilities" to...

Emirates, the world’s largest international airline and a main sponsor of Spanish football club, Real Madrid, today unveiled a new decal featuring action images of some of the club’s top players on one of its A380 aircraft. The new decal was created to mark the occasion of Real Madrid’s...

Nikki Beach Resort & Spa is offering a six-person package for December 31st Those who want to live the high life on New Year can do so at the Ultimate Beach Villa at Nikki Beach Resort & Spa for a hefty $16,300 (AED60,000). The package excluding taxes features a one night...

The sale takes places at Mall of the Emirates, City Centre Mirdif, Deira, Me'aisem, Al Shindagha and My City Centre Al Barsha Majid Al Futtaim malls in Dubai will hold a 12-hour sale to kick-start Dubai Shopping Festival on December 26 next. The sale, which will see hundreds of...