ADIA Joins $1.6B Investment in US Data Centre Firm
The Abu Dhabi Investment Authority (ADIA) has deepened its exposure to US-based Vantage Data Centers with a new commitment aimed…
Category: News
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UAE Shuts 11 Unlicensed Domestic Worker Agencies
The Ministry of Human Resources and Emiratisation (MoHRE), in cooperation with the Abu Dhabi Registration Authority (ADRA), has shut down 11 unlicensed…
Larry Ellison Surpasses Elon Musk to Become World’s Richest Person
The American technology magnate Larry Ellison has surpassed Elon Musk to become the world’s wealthiest individual after Oracle, the company…
Property Finder Secures $525M Funding to Drive Expansion
Dubai-based real estate classifieds platform Property Finder has raised $525 million from funds advised by UK investment firm Permira, strengthening…
Abu Dhabi Chamber Reports 17% Growth in German Membership
Abu Dhabi is emerging as an increasingly attractive hub for German enterprises, with the Abu Dhabi Chamber of Commerce and…
Dubai Unified Licence Integration Reduces SME Onboarding Time 35%
A landmark collaboration between Dubai Business Registration and Licensing Corporation (DBLC), part of the Department of Economy and Tourism, and…
Ras Al Khaimah Property Deals Surge 118% to $4.1B
Ras Al Khaimah’s real estate market reached $4.1 billion in 2024, with RAK Central emerging as a key hotspot for…
Wynn Reserves Land for Second Casino Resort in the UAE
Wynn Resorts and its partners have earmarked land for a second integrated resort in Ras Al Khaimah. A shareholders’ agreement…
Abu Dhabi Celebrates 75 Years of Oil and Gas
Abu Dhabi is commemorating 75 years since oil and gas exploration first began, a landmark that reflects the emirate’s remarkable…
Etihad posts record first half profit with future plans including crypto payments
Abu Dhabi airline’s profit rose 32 per cent in the six-month period as passenger numbers soared Abu Dhabi’s Etihad Airways…