Malakai Rashid

Journalist

All publications by author

Telegram founder Pavel Durov returns to Dubai

Pavel Durov has temporarily left France after being investigated for alleged criminal activity on Telegram, securing approval to travel and posting $5.4 million bail.

UAE aluminum exports to US surge ahead of Trump tariffs

UAE aluminum exports to the US hit a two-year high in March as buyers rushed to stock up before Trump’s 25% tariff took effect, reshaping global trade flows.

UAE official to visit Washington for Nvidia AI chips

Sheikh Tahnoun bin Zayed Al Nahyan plans to meet U.S. officials to push for eased AI chip export controls and highlight UAE’s tech investment ambitions.

Abu Dhabi’s Adnoc Plans to Buy Mubadala Energy Assets

Adnoc is negotiating a potential $10 billion acquisition of Mubadala’s energy assets, aiming to consolidate Abu Dhabi’s oil and gas holdings amid sector diversification.

Abu Dhabi’s MGX invests $2 billion in Binance

MGX makes a landmark $2 billion investment in Binance, marking the largest institutional investment in crypto, reinforcing blockchain’s role in global finance and AI-driven innovation.

Merex Investment Plans to Start Redevelopment of Dubai’s Waterfront

Merex Investment plans to launch an ultra-luxury redevelopment at La Mer North, with 225 luxury homes set for completion by 2027, as Dubai’s retail and residential demand surges.

UAE strengthens its global leadership in artificial intelligence

Dubai Police warns of severe penalties for red light violations, including AED 50,000 fines, black points, and vehicle impoundment to enhance road safety.

UAE has highest level of well-being, says UN report

The UAE leads the Arab world in material well-being, ranking 24th globally, thanks to high purchasing power, strong social protections, and financial security.

Dubai ranks first in the world in attracting investment

Dubai leads the world in FDI projects, attracting $14.24 billion in 2024, reinforcing its status as a top global investment and business hub.

Dubai Customs Seizes 10.8 Million Counterfeit Goods in 2024

Dubai Customs strengthens anti-counterfeit efforts with 54 seizures, training programs, and smart technology to safeguard intellectual property and trade.

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