Month: May 2025

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Emaar Invests Nearly Dh3 Billion in Major Dubai Land Acquisition

Emaar Invests Dh2.98 Billion to Expand Land Portfolio in Ras Al Khor Dubai master developer Emaar spends Dh2.98 billion to acquire land in Ras Al Khor. This purchase supports Emaar’s…

Lukoil Asia Chief Joins Turkish Firm BGN to Lead Oil Trading Operations from Dubai

Lukoil Asia Chief Estella Shi Joins BGN to Lead Dubai Oil Trading Veteran Trader Departs Lukoil for BGN Estella Shi, Managing Director of Lukoil Asia Pacific, will join Turkish energy…

DLD Launches First-Ever Property Token Ownership Certificate

DLD Unveils World’s First Property Token Ownership Certificate DLD Revolutionizes Real Estate with Tokenization Initiative Dubai Land Department (DLD) introduced the world’s first Property Token Ownership Certificate. The announcement followed…

His Highness Hamdan bin Mohammed Launches ‘UAE Future 50’ to Support Emirati Startups

His Highness Hamdan bin Mohammed Launches ‘UAE Future 50’ to Support Emirati Entrepreneurs His Highness Hamdan bin Mohammed has officially launched the ‘UAE Future 50’ initiative. This program highlights 50…

Suhail Jet-Powered Drone Boosts Firefighting Speed in Abu Dhabi

Abu Dhabi Launches Suhail: A Jet-Powered Firefighting Drone to Speed Up Emergency Response Abu Dhabi has introduced a powerful new tool to improve emergency response. It’s called Suhail, a jet-powered…

Al Khawaneej New Shopping Mall Opens with Shops, Food & Fun

New Shopping Mall Opens in Al Khawaneej, Dubai A brand-new shopping mall has opened its doors in Al Khawaneej, Dubai. This exciting development brings more shopping, dining, and fun options…

Second-Largest Hub for Gold Trade: How the UAE Rose to the Top

How the UAE Became the Second-Largest Hub for Gold Trade Over the past few years, the UAE has become the second-largest hub for gold trade in the world. This rapid…

Diamond Standard Gets Shariah Approval for Islamic Finance Use

Diamond Approved for Use in Islamic Finance in the UAE Diamond Standard, a global diamond investment company, has received a Shariah certification. This certification means that their diamond investment products…

Dh2 Million Fine for Breaking New UAE Media Rules

UAE Introduces New Media Rules with Dh2 Million Fine The UAE has announced a new system to control media activities. This system affects both individuals and media companies. Its goal…

Dubai Property Prices May Drop 15% as Supply Outgrows Demand

Dubai Property Prices Could Fall by 15%, Says Fitch Report A recent report from Fitch, a global credit rating agency, warns that Dubai property prices might drop by as much…