UAE strengthens position in global sukuk market
Sukuk from Emaar and Aldar attract global investors as UAE real estate surges. With high yields and Sharia compliance, Dubai and Abu Dhabi become key sukuk hubs.
Cambridge Associates is expanding to Dubai
Cambridge Associates expands into the Middle East with a new office in Dubai’s DIFC, aiming to serve private investors, family offices, and institutions amid growing demand for global asset management.
Reflect Orbital aims to power Dubai’s nighttime with solar power
Reflect Orbital plans to deliver sunlight at night using space mirrors, aiming to power Dubai after dark and revolutionize global solar energy accessibility.
New high-speed train to travel from Dubai to Abu Dhabi
Etihad Rail unveils plans for a 350 km/h all-electric train linking Dubai and Abu Dhabi in just 30 minutes, boosting connectivity, sustainability, and economic growth across the UAE.
UAE-based Sidara in talks to takeover Wood Group
FTSE 250-listed engineering and consulting firm John Wood Group has given Dubai-based Sidara an extension to submit a formal takeover bid, Bloomberg News has reported. Wood Group said it has until April 17 to make a final move under...
Dubai to introduce regulatory changes to attract Hedge Funds
Dubai is set to ease capital requirements and streamline approval processes for money managers, aiming to become a top global hub for hedge funds.
Zapp to launch in Dubai
Zapp aims to enter the UAE market in 2024, eyeing partnerships with Talabat and Careem as it expands its premium delivery service in the Middle East.
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.
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.
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.