The acquisition is seen as a major step in Modon Holding’s drive to further diversify its global portfolio, with a special focus on luxury residential communities in high-demand international markets Modon Holding, the Abu Dhabi-based holding company, has completed the acquisition of...

His Highness Dr Sheikh Sultan Bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, officially inaugurated the new Sharjah Police General Command and Operations Centre building. The ceremony was attended by Sheikh Sultan Bin Mohammed Bin Sultan Al Qasimi, Crown Prince...

Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, Chairman of The Executive Council of Dubai, and Chairman of the Board of Trustees of the Dubai Future Foundation (DFF), today issued directives for the ‘Dubai AI...

The new Blue Line will be designed to carry 46,000 passengers per hour in both directions, with a train frequency of approximately every two minutes, serving an estimated 200,000 passengers daily by 2030 Dubai’s Roads and Transport Authority (RTA) has officially launched the Dubai...

With the addition of CMA Terminals Khalifa Port, the facility’s annual container capacity has surged by 23 per cent, bringing the total to almost 10 million TEUs In a significant move to boost Abu Dhabi’s growing maritime and trade infrastructure, Sheikh Khaled bin Mohamed bin Zayed Al...

Dubai Electricity and Water Authority (DEWA) has announced that its Green Hydrogen project has produced around 90 tonnes of green hydrogen since it was launched in May 2021. Most of this hydrogen was used to produce more than one-gigawatt hour (GWh) of green energy, reducing about 450...

The construction of the parking facility is expected to commence in the second half of 2025, subject to planning approval Parkin has teamed up with the Dubai Endowments and Minors’ Trust Foundation (AWQAF Dubai) to build a seven-storey barrierless smart parking facility with 350...

Dubbed ‘AE Coin’, the cryptocurrency is positioning itself as a stablecoin that is fully backed by reserves held within the UAE A new stablecoin, pegged to the UAE dirham, has received regulatory approval from the country’s Central Bank. Dubbed ‘AE Coin’, the cryptocurrency is...

The company’s shares opened at Dhs1.70, higher than the price at which Germany’s Delivery Hero sold 4.7 billion shares last month Talabat shares plunged by more than 7.5 per cent on its trading debut on the Dubai Financial Market (DFM). The delivery platform raised $2bn (Dhs7.5bn) in...

The Sharjah Chamber of Commerce and Industry (SCCI) launched yesterday, Sunday, Sharjah Shopping Promotions 2024, a flagship annual retail event on the Chamber’s agenda, with festivities across the emirate’s regions and cities running until 19th January 2025. Designed to solidify...