Stay on top of business news in the UAE. We spotlight emerging trends, major deals, key sectors, and corporate updates across Dubai, Abu Dhabi, and the wider region. Perfect for entrepreneurs, professionals, and investors.
The price of gold in the UAE has been on a rollercoaster, and the recent drop has left many investors asking the same questions: What’s happening? Is this a warning sign or a golden opportunity? The flood of conflicting news and complex charts can create a sense of gold investment uncertainty, leaving you stuck between…
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In a city built on reputation and perception like Dubai, image is everything — even on LinkedIn, where displaying the Open to Work frame can significantly impact professional opportunities. The green “Open to Work” frame, rolled out by LinkedIn during the global economic downturn of 2020, was intended as a helpful tool for job seekers.…
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Dubai has solidified itself as a global innovation hub, attracting startups, venture capitalists, and tech disruptors. From AI and fintech to space technology and Web3, new investment opportunities are emerging fast. But how do you get in early before they go mainstream? Here’s how to spot and invest in the next big thing in Dubai’s…
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Dubai’s skyline is about to welcome a groundbreaking new landmark, the Musk Tower. This ambitious initiative is spearheaded by the MuskIt team. This cutting-edge facility is envisioned as a global innovation and crypto hub. It represents the UAE’s commitment to leading the future of decentralised technology, renewable energy, and blockchain innovation. As a centrepiece of…
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The World Government Summit (WGS) 2025 is set to take place in Dubai from February 11 to 13, bringing together a powerhouse lineup of global leaders, innovators, and policymakers. This year’s edition will host over 200 speakers, including some of the biggest names in technology, business, and government to discuss the future of governance, innovation,…
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Abu Dhabi-based AI-powered space technology company, Space42, has signed a landmark Dh18.7 billion ($5.1 billion) agreement with the UAE Government. This agreement provides secure satellite communication services until 2043. The 17-year contract, set to commence in 2026, highlights the UAE’s growing leadership in space technology. It also reinforces Space42’s financial strength. Long-Term Revenue and Advanced…
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The rapidly evolving landscape of digital payments is entering a new chapter. Apple Pay, Cash App, PayPal, Google Wallet, and other popular digital wallets will soon be held to the same regulatory standards as banks. This follows a landmark rule issued by the US Consumer Financial Protection Bureau (CFPB). Digital wallets face bank-like regulations going…
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Want to experience what the world’s wealthiest city actually looks like on the ground? Our Abu Dhabi insider’s guide is the place to start.
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In a significant development for borrowers, UAE residents and businesses with loans, mortgages, and credit card obligations are seeing immediate relief. This follows the recent 0.50 per cent interest rate cut by the US Federal Reserve. The UAE Central Bank, as is customary, swiftly matched the cut. Therefore, this brings much-needed respite to individuals and…
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In a groundbreaking ruling that reflects Dubai’s evolving legal and financial landscape, a court has ordered an employer to pay an Employee Dues Paid in Cryptocurrency. This decision, rendered by the Dubai Courts of First Instance in case number 1739 of 2024, marks a pivotal moment in the acceptance of digital currencies within the country’s…
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Dubai’s expats are finding themselves in increasingly challenging situations. Dubai rental costs surge, making the cost of living in the city more burdensome than ever before. The most recent update to Dubai’s Rental Index has sent rents skyrocketing by as much as 15%. This forces many to reevaluate their housing choices. This has led to…
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Dubai Economy Grew by 3.2%. This increase in the first quarter of 2024, raised the emirate’s GDP to AED115 billion. The Dubai Economy Growth highlights the effectiveness of Dubai’s strategic vision and economic policies. Economic Performance in Q1 2024 Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and…
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