Over 13,000 ships traverse the Dubai Creek annually and the improvements are targeted at ensuring their safe docking in the area Dubai Municipality plans to spend Dhs112m to fix certain sections of its famous creek that have been damaged and dilapidated over the past 50 years....

The issuance marks the first real estate benchmark US dollar-denominated sukuk from the MENA region in 2024 Leading Dubai developer Binghatti has achieved a major milestone with the successful launch of its inauguralsukuk issuance, raising $300m over a three-year term. The sukuk,...

The grey-list exit will increase the international community’s confidence in the country’s financial services sector The UAE was removed from the grey list of global watchdog Financial Action Task Force (FATF) on Friday, a decision that could lead to smoother foreign currency...

The first floating villa Neptune has been unveiled in Dubai, which will become part of the luxurious Kempinski Floating Palace resort project. Kempinski Floating Palace, under construction off the coast of Dubai Palm Marina, has been attracting the attention of investors and luxury...

Edge, a leading technology and defence group, has joined forces with major shipbuilder Fincantieri to set up a new joint venture company at an investment of €30 billion ($32.4 billion) to capitalise on global shipbuilding opportunities with a focus on the manufacturing of a broad range of...

The three-times-a-week service will depart from Terminal 2 at Dubai International (DXB), on Wednesdays, Fridays and Sundays Get ready to escape the heat and explore the wonders of Sochi, Russia, with flydubai’s new seasonal flights. The flights to Sochi International Airport (AER)...

An exit from the grey list marks a swift turnaround for the UAE, which was initially added to the list of jurisdictions under increased monitoring in March 2022 The UAE has been removed from the grey list of global watchdog Financial Action Task Force (FATF) after the country met all...

The country has initiated a raft of bilateral trade, investment and cooperation deals with several fast-growing economies Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai said the country’s non-oil foreign trade reached a record...

The Dubai Metro was the most popular mode of transport, serving 260 million riders in 2023 Dubai’s Roads and Transport Authority (RTA) said more than 1.92 million people used public transport services daily in the emirate last year. The authority said public transport ridership...

Ajman’s municipality is asking motorists to voluntarily turn off their vehicle engines whenever they stop at a timed red light Motorists in Ajman are now expected to voluntarily turn off their vehicle engines whenever they stop at a timed red light as part of a bid to reduce emissions...