The UAE enters the final phase of summer as Al Kulaybin and Suhail signal a gradual seasonal transition, while hot weather is expected to continue through August.
Ninety One's Emerging Markets Equity Fund increases UAE stock holdings, favoring real estate, banking, and tech sectors as investors seek stability away from U.S. 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.
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.
Dubai Police warns of severe penalties for red light violations, including AED 50,000 fines, black points, and vehicle impoundment to enhance road safety.
The UAE leads the Arab world in material well-being, ranking 24th globally, thanks to high purchasing power, strong social protections, and financial security.
Sunny Varkey is a billionaire, philanthropist, founder and executive chairman of GEMS, chairman of the Varkey Group, trustee of the Varkey Foundation.
Biography
1957 — Varkey was born in Indian Kerala. His parents were Syrians who worked as educators.
1959 — Sunny...
Hussein Sajwani — founder and CEO of DAMAC Properties and DAMAC Group.
Biography
1953 — was born in Dubai, UAE. His parents worked in retail.
1981 — graduated from the University of Washington.
Hussein Sajwani’s religion is Islam.
Career
1981 — Started working in Abu...
Dubai ranks 28th among cities with the most billionaires, hosting 21, while the UAE ranks 22nd among countries with 24 billionaires, according to the 2024 Hurun Global Rich List.