UAE Central Bank Revokes Licence of Al Nahdi Exchange for AML and Compliance Failures In a significant regulatory move, the Central Bank of the UAE (CBUAE) has officially revoked the licence of Al Nahdi Exchange , citing substantial breaches in compliance with Anti-Money Laundering...

Dubai Reef Project Revives Marine Life with Groundbreaking Underwater Habitat Dubai Reef , one of the world’s most ambitious purpose-built artificial reef projects , is already delivering measurable ecological benefits, with new data showing a revival in marine biodiversity and a surge...

Abu Dhabi Court Rules in Favour of Car Rental Office in Dhs85,399 Non-Payment Case The Abu Dhabi Commercial Court of First Instance has issued a ruling in favour of a local car rental office , ordering a company to pay Dhs85,399.91 in unpaid vehicle rental fees, along with 3% annual...

Abu Dhabi Expands Autonomous Taxi Services to Al Reem and Al Maryah Islands, Accelerating Smart Mobility Vision Abu Dhabi , through its Integrated Transport Centre (Abu Dhabi Mobility) under the Department of Municipalities and Transport (DMT) , has expanded its autonomous taxi services...

Dubai Taxi Company Reports 33% Surge in Q2 2025 Profit, Fuelled by Digital Expansion and Fleet Growth Dubai Taxi Company (DTC) has announced a 33% year-on-year increase in net profit for Q2 2025 , reaching Dhs105.4 million , driven by booming passenger demand, expanded operations,...

Modon Holding Sees 4.2x Profit Surge in H1 2025 on Real Estate and Global Expansion Abu Dhabi-based Modon Holding has reported a remarkable net profit of Dhs2.1 billion for the first half of 2025, representing a 4.2-fold increase compared to the same period in 2024 (excluding one-off...

Binghatti Holding Triples Profit in H1 2025 Amid Dubai’s Real Estate Boom Binghatti Holding has announced record-breaking financial results for the first half of 2025, reinforcing its position as one of Dubai’s fastest-growing developers . With revenue and profit nearly tripling...

Dubai Real Estate Brokers Drive Record Growth with Dhs3.23 Billion in Commissions in H1 2025 Dubai’s real estate brokerage industry has recorded a remarkable surge in performance in the first half of 2025, reflecting the emirate’s thriving property market and the increasing importance of...

UAE Ministry of Human Resources Takes Action Against 40 Domestic Worker Recruitment Offices in H1 2025 The Ministry of Human Resources and Emiratisation (MoHRE) has announced disciplinary and financial measures against 40 domestic worker recruitment offices across the UAE during the...

Dubai’s DIFC Reports Record Growth in H1 2025, Cementing Position as Global Financial and Innovation Hub The Dubai International Financial Centre (DIFC) , the region’s leading global financial hub, has recorded its best-ever half-year performance in H1 2025 , with unprecedented growth...