A lucky Indian expat has joined the list of $1 million winners who doubled their luck and won the promotion twice when the latest Dubai Duty Free Millennium Millionaire and Finest Surprise draws were held today in Concourse A of Dubai International Airport. Mr. Sree Sunil Sreedharan, a 55...

The world's largest cryptocurrency by market capitalization, bitcoin dropped to as low as $30,331.28, falling for a fifth consecutive session. Bitcoin was last down 9.8% at $30,724 HONG KONG/LONDON/NEW YORK - Bitcoin plunged to its lowest level since July 2021 on Monday, dropping in...

The DMO will manage the sovereign debt portfolio The Dubai Government said on Monday that it has established a debt management office (DMO) and appointed Rashid Ali bin Obood Al-Falasi as its chief executive. The DMO will manage the sovereign debt portfolio and will be responsible...

A car owner has a grace period of 30 days to renew an expired driving licence in case they have caused an accident so that insurance coverage would be provided to them, sources working in the insurance sector said, noting that failure to renew the licence would hold them responsible for the full...

The 2022 edition of the event to see an 85 per cent year-on-year increase in floor space, with Middle East destinations eclipsing 2019 figures Tourism professionals from around the world will return to Dubai next week when Arabian Travel Market, the leading event for the travel...

Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, revealed that Dubai has achieved the top ranking globally in attracting foreign direct investment (FDI) in 2021, with a record number of 418 greenfield FDI projects. Sheikh...

The new campaign attaches great importance to travellers' interests and passion ABU DHABI: With global tourism rebounding and the Middle East offering year-round experiences, Abu Dhabi has launched a new destination campaign inspiring travellers to visit the UAE capital during the...

The biggest uptick in the UAE’s consumer price index (CPI) last year was in the transport component On Wednesday, the Central Bank of the UAE (CBUAE) announced that it would increase its base rate by 50 basis points to 2.25 per cent. This came into effect in sync with the United...

Abu Dhabi will showcase why the destination should be on everyone’s holiday shortlist for 2022 ABU DHABI: The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) is set to announce its summer campaign at Arabian Travel Market (ATM), alongside a series of new initiatives and...

This bold move reflects Dubai Government’s confidence in Virtual Assets being integral to the future digital economy, and its readiness to establish the Emirate as the world’s Virtual Assets Capital DUBAI - Dubai’s Virtual Assets Regulatory Authority (VARA) announced its entry into the...