The Culinary Investment Fund will help introduce iconic brands to the capital Abu Dhabi’s Department of Culture and Tourism (DCT Abu Dhabi) announced a $100m Culinary Investment Fund to introduce iconic restaurant brands to the UAE capital. Additionally, the fund will support building...

The largest token fell as much as 4.5 per cent on Wednesday Bitcoin dropped below the closely watched $30,000 level amid a wider retreat in crypto prices as concerns about inflation prompted a bout of caution in global markets. The largest token fell as much as 4.5 per cent before...

The sector maintained its high growth momentum recording 38,700 transactions Dubai’s real estate sector recorded a total transaction value of Dhs157bn in Q1 2023, an 80 per cent increase from the same period in 2022. The sector had recorded annual transactions worth a total of Dhs528bn...

Dubai Land Department announces new service to verify real estate adverts Dubai is clamping down on fake real estate advertisements with a new system aimed to boost property investment in the city. The Dubai Land Department will use QR codes to verify details of property on all...

Where to see 2023 Eid firework displays in Dubai and Abu Dhabi Dubai firework displays are famous around the world for their scale, creativity and vibrancy. While New Year’s Eve displays in Dubai and Abu Dhabi tend to make the biggest headlines, there are massive shows at...

Dubai ruler Sheikh Mohammed takes total donations to 1 Billion Meals campaign beyond AED1bn ADubai Ramadan charity campaign has raised more than AED1bn following a massive donation. Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has...

This year, more than 110,000 travellers are expected to board Emirates flights during Eid across the region Emirates will be expanding its schedule this week to offer 38 additional flights across six cities in the GCC and Middle East to meet significant demand for Eid Al Fitr holiday...

The Roads and Transport Authority has also announced the hours of operation of its services and revised timings for public transport operations Dubai has announced that public parking will be free of charge during the Eid Al Fitr holidays, starting from 29th Ramadan to 3rd Shawaal...

The merged entity is expected to transform the way care is delivered while bridging the gap between the latest healthtech advancements and the clinical outcomes patients receive Abu Dhabi’s Mubadala Investment Company (Mubadala) and G42 Group have merged their healthcare assets to...

The bank’s net interest income rose by 33 per cent to Dhs2.85bn while non-interest income surged by 34 per cent to reach Dhs1.06bn UAE’s Abu Dhabi Commercial Bank (ADCB) said its quarterly net profit soared by 27 per cent, despite the heightened uncertainty in the global economy and...