Department of Economic Development adds 44 new business activities across a number of sectors in first 10 months of 2018 The Business Registration & Licensing (BRL) sector in Dubai's Department of Economic Development (DED) has added 44 new business activities across a number of...

Eagle Hills makes first foray into the Ethiopian real estate market with the launch of La Gare, offering more than 4,000 residences Abu Dhabi-based developer Eagle Hills has made its first foray into the Ethiopian real estate market with the launch of La Gare, the downtown of Addis...

Mubadala Ventures, the US-based venture capital arm of Abu Dhabi's Mubadala Investment Company, invests in Turvo Turvo, the world’s first real-time collaborative logistics platform, has announced it has closed $60 million in Series B funding led by Mubadala Ventures, the San...

Vladimir Burdun, a former karate champion, has been appointed as the new president of the Emirates Hockey League A UAE-based Russian businessman is aiming to put to improve the quality of the country’s ice hockey league. A prominent figure in the community of Russian-speaking...

80% of infrastructure works has been completed by Dar Alwad Contracting at MAG Creek Wellbeing Resort in Dubai MAG Lifestyle Development (MAG LD), the development arm of MAG Group Holding, has announced that 80 percent of infrastructure works has been completed by Dar Alwad Contracting...

Finablr has hired JP Morgan and Barclays as global coordinators for its listing in the first half of 2019 ABU DHABI/LONDON- United Arab Emirates-based payments and foreign exchange company Finablr has hired JP Morgan and Barclays as global coordinators for its listing in the first half...

Majid Al Futtaim acquires Beam which enables retailers to accept mobile payments and engage with customers directly through their smartphones Dubai-based retail giant Majid Al Futtaim has announced the acquisition of Beam Portal, the owner of mobile wallet app, Beam. The...

S&P Global Ratings says supply demand imbalances, economic slowdown, and lower population growth to hit Guf real estate markets next year Real estate markets in the Gulf are expected to remain under pressure during 2019, with supply demand imbalances likely to hit Dubai hardest,...

Matthew Hedges is sentenced after being arrested at Dubai International Airport on May 5 A United Arab Emirates court sentenced British student Matthew Hedges to life in jail on Wednesday after convicting him of spying, a family spokesperson said. "We can confirm that he was...

Online Marketplace will allow companies from around the world to unlock business opportunities, forge international partnerships and drive growth Expo 2020 Dubai has launched its global Online Marketplace (OMP) to allow companies from around the world to unlock business opportunities,...