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A stablecoin developed by World Liberty Financial, a cryptocurrency venture associated with former U.S. President Donald Trump, is being utilised by an Abu Dhabi-based
The United States is deliberating the possibility of easing restrictions on Nvidia Corp.'s semiconductor sales to the United Arab Emirates , according to sources
Tensions between India and Pakistan have escalated following a deadly attack on Hindu tourists in Indian-administered Kashmir, resulting in 26 fatalities. Both nations have
Iran is offering its sanctioned economy as an investment opportunity to the United States, presenting an unconventional proposition amid ongoing negotiations over its nuclear
Burj Azizi, developed by Azizi Developments, has been recognised with the ‘Iconic Design of the Year’ award at the UAE Realty Awards 2025, highlighting
Abu Dhabi’s sovereign wealth fund, Mubadala Investment Company, has committed $1 billion to a strategic partnership with U.S.-based Fortress Investment Group, aiming to capitalise
Tensions between OPEC+ members are escalating, with Kazakhstan’s defiance in adhering to production quotas leading to renewed volatility in the global oil market. This
A newly inaugurated three-lane bridge in Dubai has significantly reduced travel time between Sheikh Rashid Road and Infinity Bridge, cutting the journey from 12
Abu Dhabi National Oil Company Group's six publicly traded subsidiaries have secured shareholder approval to distribute a combined $6.7 billion in dividends
Dubai General Properties, a subsidiary of Al Ali Property Investments, has launched Mews Mansions, an ultra-luxury residential project in the Meydan district, with an
Sobha Realty and Omniyat are exploring dollar-denominated sukuk issuances to bolster their financial strategies in Dubai's evolving real estate landscape. Sobha Realty, a prominent
Oil prices have plummeted to a four-year low, posing significant challenges for Saudi Arabia's budget, which heavily relies on oil revenues to fund its
Dubai has launched the International Sports and Entertainment Zone Authority , marking the world's first dedicated free zone cluster for the sports and entertainment
Global oil demand projections for 2025 have been adjusted downward by the Organization of the Petroleum Exporting Countries , marking the first such revision
Mubadala Energy, the international energy arm of Abu Dhabi's Mubadala Investment Company, has entered the US energy sector by acquiring a 24.1% stake in
Saudi Arabia's leading petrochemical firms are projected to report significant year-on-year declines in net profits for the first quarter of 2025, reflecting ongoing challenges
Dubai has firmly established itself as a gastronomic powerhouse, securing the second position worldwide for restaurant density, trailing only Paris. With an impressive array
The 28th Dubai World Cup concluded with an extraordinary closing ceremony at Meydan Racecourse, captivating over 60,000 spectators with a pioneering display of drone,
The Emirate of Ajman has introduced a new law aimed at bolstering investment in its property sector while safeguarding investor rights and enhancing transparency.
Dubai's Roads and Transport Authority has unveiled plans to construct a 1.4-kilometre bridge connecting Bur Dubai to Dubai Islands. The bridge will feature
Saudi Arabia's Capital Market Authority has announced that foreign investors are now permitted to invest in listed companies owning real estate in Mecca
The Dubai International Aquatics Championships are set to feature the open water swimming and water polo competitions this weekend at the Hamdan Sports
President Donald Trump's declaration of "Liberation Day" introduced sweeping tariffs on imports, triggering significant upheaval in global energy markets. The administration announced a baseline
India's $32 billion gems and jewellery industry is facing a significant downturn following the United States' imposition of a 26% reciprocal tariff on Indian