Leading stories of the day
Dubai-based logistics giant DP World reported a significant decline in net profit for the first half of the year, attributing the downturn to disruptions along key shipping routes in the Red Sea. The company's…
Fines up to Dh1 million have been introduced by the UAE Government following amendments to the Federal Decree-Law on the Regulation…
A newly unveiled fake cricket league has ignited a surge in online betting, capturing the attention of gamblers across various platforms.…
The imposition of gambling taxes worldwide has generated significant economic impact, reflecting broader trends in regulatory measures across various regions. As…
A consortium led by the Abu Dhabi Investment Authority (ADIA) and CVC Capital Partners has acquired UK-based financial services firm Hargreaves…
Wynn Resorts has announced a significant investment of $514.4 million into a new development on Al Marjan Island in Ras Al…
Emaar Properties and its development arm, Emaar Development, have announced significant gains in net profit for the first half of the…
Dubai is set to implement a four-day work week for public sector employees, marking a significant shift in the region's labor…
Abu Dhabi is experiencing a significant increase in office rental rates, driven by a surge in investments and economic growth. This…
Nuvama Private, the private banking arm of the Nuvama Group, has launched its operations in the Dubai International Financial Centre (DIFC),…
Abu Dhabi’s sovereign wealth fund Mubadala is initiating strategic shifts within its European startup portfolio to enhance returns amidst a downturn…
India's decision to lower gold import duties could significantly reduce smuggling activities, according to the World Gold Council (WGC). The move,…
The United Arab Emirates (UAE) is emerging as a significant diplomatic force in the Middle East by leveraging its support for…
Gulf Cooperation Council (GCC) sovereign wealth funds are increasingly becoming pivotal players in global markets, accounting for a significant portion of…
Emirates NBD has been selected to move forward with its bid for a significant stake in IDBI Bank, a major Indian…
The Abu Dhabi Investment Authority (ADIA) is negotiating a stake purchase in HDFC Credila, India's largest education loan provider. ADIA's interest…
Dubai’s rental market is experiencing a significant slowdown in rent increases as a growing number of tenants opt to renew their…
Wynn Resorts has announced its ambitious plans for establishing the UAE's first legal casino destination, marking a significant shift in the…
Blackstone, in collaboration with the Abu Dhabi Investment Authority (ADIA), is making a significant push to acquire a $4.8 billion stake…
Dubai is currently experiencing extreme heat conditions, with temperatures feeling as high as 60°C (140°F) due to the combined effects of…
Abu Dhabi Investment Authority (ADIA) has announced a significant investment in Akums Drugs and Pharma, a major player in India's pharmaceutical…
Dubai is grappling with unprecedented heat, with temperatures soaring to levels that feel like 60°C (140°F), highlighting the city's vulnerability to…
The United Arab Emirates is taking significant steps towards legalizing gambling, marked by the establishment of a national lottery. The General…
Dubai's Court of Appeal has ordered Khaldoun Saeed Al Tabari, the former CEO of Drake & Scull International (DSI), along with…
Chinese investors have significantly increased their investments in Saudi Arabian exchange-traded funds (ETFs), underscoring the deepening economic and diplomatic relationship between…
The UAE has taken a significant step in diversifying its entertainment and business landscape by granting its first official lottery licence.…
UAE banks have demonstrated remarkable resilience in the first half of this year, posting strong financial results despite global economic uncertainties.…
European markets are increasingly open to Middle Eastern investments, reflecting a growing trend of cross-continental financial partnerships. This shift comes as…
