Dubai’s super-prime property market, featuring homes priced at $10 million (Dh36.7 million) and above, witnessed a surge in demand throughout 2024, according to a report by UAE real estate intelligence firm Property Monitor (originally reported by Gulf News). International buyers seeking exclusive lifestyles have propelled this segment to new heights, with developers like Omniyat Properties...
Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture & Arts Authority, inaugurated the multi-sensory art exhibition titled *‘The Sublime Nature of Being’* at the Summer Garden of ICD Brookfield Place. The exhibition, a collaboration with the ICD Brookfield Place Arts Programme, showcases the transformative power of art and its...
The UAE has been recognized as the most prepared Arab nation to meet the future job market demands in the green, AI, and digital sectors, according to the QS World Future Skills Index. The index evaluates global higher education systems based on four key criteria: skills fit, academic readiness, future of work, and economic transformation....
The United Arab Emirates has announced plans to construct an eye hospital in Uganda, as part of the Emirates Global Hospitals programme. This initiative falls under the Zayed Humanitarian initiative and aims to improve healthcare access in the region. The project, which will be situated in Entebbe, is projected to cost approximately Dh20 million (around...
The United Arab Emirates, through the Ministry of Finance, has successfully concluded the final round of negotiations for a Double Taxation Avoidance Agreement concerning income and capital with the Russian Federation. This significant achievement highlights the UAE’s dedication to enhancing economic and tax cooperation. The agreement aims to create a business-friendly environment that safeguards taxpayers’...
The UAE government has announced that it will solely provide fast and super-fast electric vehicle (EV) chargers across the country. This initiative aims to enhance the living conditions in the UAE by promoting cleaner air and reducing carbon emissions, as stated by the UAE Minister of Energy and Infrastructure, Suhail Al Mazrouei, during an interview...
The International Defence Conference (IDC) 2025 is scheduled to take place on 16th February 2025 at the Emirates Palace in Abu Dhabi. This event is part of the International Defence Exhibition (IDEX) and the Naval Defence & Maritime Security Exhibition (NAVDEX). It aims to bring together leaders, experts, and companies from around the world to...
A recent report has underscored the United Arab Emirates position as a leader in the regional solar energy sector. This growth is fueled by initiatives such as the Dubai Clean Energy Strategy 2050, which aims for 75 percent clean energy by 2050, and Abu Dhabi Vision 2030, targeting 30 percent renewable energy within the next...
H.H. Sheikh Saud bin Saqr Al Qasimi, the Supreme Council Member and Ruler of Ras Al Khaimah, attended a dinner reception at Al Jazeera Al Hamra Heritage Village on January 16, 2025. The event was organized by the Korean Business Council and featured delegations from various multinational companies from the Republic of Korea. Notable attendees...
The OPEC Fund for International Development is making a significant investment in renewable energy by co-financing Africa’s largest onshore wind power project. The fund is contributing US$30 million towards the construction of two wind farms, each with a capacity of 550 MW, located in Egypt’s Gulf of Suez region. Together, these facilities will have a...