First revealed in 2023 by Hungarian Minister Janos Lazar, the project was said to cost approximately EUR1bn, to enhance and upscale an abandoned neighbourhood in the capital The UAE and Hungary have inked a new economic cooperation deal to bolster trade and investment ties between the...

The free zone authority shared that a total of 2,692 new companies joined DMCC last year Free zone and government of Dubai authority on commodities trade and enterprise and free zone, DMCC has released its latest annual report, announcing 2023 as its second-best year on record....

Expo Centre Sharjah is all set to hold the 41st edition of “Ramadan Nights 2024,” offering 21 days of fun-filled Ramadan evenings and immersive shopping experiences for the emirate’s residents and visitors. The event, organised by the Centre with the support of Sharjah Chamber of...

Dubai Investment Fund sold 749,700,000 shares, equivalent to 24.99 per cent of Parkin’s paid-up capital Investors put in about $71bn (Dhs259bn) of orders for Dubai public parking firm Parkin’s $428.7m (Dhs1.57bn) initial public offering (IPO) as demand for share sales in the Middle...

The Sharjah Police General Headquarters' Emergency, Crisis and Disaster Management Team has confirmed that the recent weather situation in the UAE was contained due to the concerted efforts and joint coordination between all relevant authorities and strategic partners. To mitigate...

The UAE Public Prosecution has warned against collecting donations without a licence. In an awareness video posted on its social media accounts today, the Public Prosecution highlighted Article 46 of the Federal Decree-Law No. (34) of 2021 on Combatting Rumours and Cybercrimes, which...

The concerned security teams at the Dubai Police were able to arrest 17 beggars in various locations in the Emirate of Dubai on the first day of Ramadan. The crackdown is part of the 'Fight Begging' campaign launched by the Dubai Police in collaboration with strategic partners,...

Traffic patrols will be on high alert across all roads, with additional enforcement through smart traffic systems Abu Dhabi Police have announced a temporary ban on heavy vehicles, trucks, and buses transporting 50 or more workers during peak morning and evening hours on roads in the...

Trade volumes between the UAE and Greece surged by 6.2 per cent during the first nine months of 2023, underscoring the resilient bilateral economic relations Dr Sultan bin Ahmed Al Jaber, UAE’s Minister of Industry and Advanced Technology and COP28 President, spearheaded a high-level...

Saudi Aramco is in talks to invest in phase 2 of Sempra Infrastructure’s Port Arthur LNG project in Texas Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) are in talks to invest in US liquefied natural gas (LNG) projects, as they step up competition with oil majors and regional...