Digital currencies May break value records, but their long-term future is still in question The bitcoin exchange rate this week broke the $50,000 mark for the first time since November 2021. Cryptocurrencies continued their rapid growth in 2024, contrary to gloomy predictions. The main...

Revenue growth was driven by the Maritime & Shipping (M&S), Ports, Logistics, and Digital Clusters, with M&S contributing the most Logistics giant and port operator, AD Ports Group reported strong operational and financial results in 2023. Revenue soared 112 per cent...

Pictet Wealth Management’s head of the CIO Office and Macro Research tells us that the UAE is at the heart of a networking hub that attracts innovation and ambition The GCC region has emerged as a hub of wealth creation. What’s luring high net-worth individuals and wealthy families?...

The Dubai-listed firm proposed a final dividend of Dhs425m for 2023, which will be paid by April 2024 Empower, also known as Emirates Central Cooling Systems Corporation, reported an 8.7 per cent increase in annual revenue to Dhs3.04bn year-on-year (YoY), driven by a surge in the...

The UAE consolidated its status as the preferred destination for investors due to its business-friendly regulations and efficient legal framework Mergers and acquisitions (M&A) activity in the Middle East and North Africa (MENA) region rose by 4 per cent to $86bn in 2023, supported...

These measures are part of the authorities’ preparations to manage traffic congestion and ensure public safety during the designated period The Abu Dhabi Police Traffic and Patrol Directorate announced a temporary ban on the entry of certain heavy vehicles and buses transporting...

The company attributed the growth to its highest-ever quarterly development sales of Dhs8.5bn in Q4, with full-year sales reaching a record Dhs27.9bn Aldar Properties has reported a record surge in net profit for 2023, driven by new development sales and an expanded investment...

The station boasts a notable speed of 11 miles per hour, allowing it to swiftly reach incident locations In a groundbreaking move, Dubai Civil Defense has launched the world’s first sustainable mobile floating fire station, marking a significant leap forward in maritime emergency...

The National Centre of Meteorology has issued weather warnings until February 13, with hail, thunder, lightning, rainfall and high winds expected throughout Monday Residents of Dubai and Abu Dhabi received safety alerts from the authorities at 6am on Monday, February 12, alerting...

Abu Dhabi’s international Airport is now officially Zayed International Airport in honour of the UAE’s Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan, and his legacy of connecting the UAE to the world. The renaming ceremony, attended by dignitaries and stakeholders, was led by...