Emirates RDF has announced that it has reached financial close for a project to turn rubbish into fuel in Umm Al Quwain Emirates RDF, a joint venture consisting of UAE-based contractors Besix and TG ECO Holding, together with Finland based Griffin Refineries, is planning the Refuse...

Abu Dhabi's Hub71 has announced that two new partners, Techstars and Starburst, will join by the end of this year Hub71, a global tech hub driven by Mubadala in collaboration with Microsoft, SoftBank Vision Fund and Abu Dhabi Global Market, has announced that two new partners,...

East Hope Group mulls plan for alumina facility, red mud research centre, recycling project and metal processing facility at Abu Dhabi's industrial hub Chinese manufacturing giant East Hope Group has announced it is working with KIZAD, Abu Dhabi's industrial hub, on the feasibility of...

Lebanese German fighter Khalid Taha also announced on his Instagram that he will take part in the UFC 242 in September The Nevada State Athletic Commission has shortened suspensions for Khabib Nurmagomedov’s teammates by 35 days in order to allow the UFC to book the lightweight...

Weakened demand and increased supply are pushing office rents in Dubai lower in the first quarter of 2019 Weakened demand and increased supply are pushing office rents in Dubai lower in the first quarter of 2019, according to new research. Knight Frank said average office rents...

Dubai airport will close its northern runway from 5-7pm UAE time on Friday, from 4-7pm on Sunday, and from 5-7pm on Monday Dubai International Airport, the world's busiest international travel hub, announced on Thursday that it will temporarily close one of its two runways for upgrades...

UAE city ranks near the top when buying a monthly internet subscription, a cappuccino, a pint of beer and a summer dress Deutsche Bank’s Mapping the World’s Prices 2019 survey, published this week, found that while rents have declined in the region, expatriate workers in Dubai have...

DP World Group chairman and CEO Sultan Ahmed bin Sulayem has held discussions with Brazil Minister of Foreign Affairs, Ernesto Henrique Fraga Araujo on foreign direct investment and regulatory framework.  They discussed social reform, a stable and efficient regulatory framework to...

Gross bank assets including bankers’ acceptances increased by 1.1% ABU DHABI- Gross bank assets including bankers’ acceptances increased by 1.1 percent, rising from AED2.8949 trillion at the end of March 2019 to AED2.9254 trillion at the end of April 2019. Similarly, Gross credit...

Start-up is attempting to create an online marketplace to help banks secure temporary funding from wealthy investors A two year-old Dubai-based financial technology firm, NewBridge Fintech Solutions, has raised an undisclosed amount in pre-Series A funding from BRS Ventures Investment...