The UAE continues to lead the MENA region in cryptocurrency adoption, with a notable 42 percent increase this year. This growth has introduced a modern twist to the beloved tradition of Eidiya, which involves gifting money to younger family members during Eid al-Fitr. The practice is being reimagined in the digital age, allowing recipients to...
GymNation, a fitness operator based in the Middle East, has signed a multi-year agreement with global fitness race brand Hyrox to establish dedicated Hyrox Performance and Hyrox Training Centers throughout the region and in Saudi Arabia. This partnership aims to provide competitors with a specialized space to train at a professional level. With over 110...
Vinsmera Group, a prominent global jewellery enterprise led by the Kambrath brothers—Dinesh, Anil, Manoj, and Krishnan Kambrath—has announced a investment of AED860 000 over the next two years. This investment aims to establish a premium jewellery retail chain and advanced manufacturing units in both the UAE and India, aligning with the group’s vision to innovate...
Autogo, a company based in the UAE that specializes in autonomous mobility solutions, has officially launched trials for its RoboTaxi service in Abu Dhabi. This initiative is part of a strategic partnership with Apollo Go, which is the autonomous mobility subsidiary of Baidu, a leader in large-scale self-driving transportation. The company aims to prepare for...
Wheely, a luxury services company founded in Switzerland and based in Britain, has officially launched its operations in Dubai, bringing an ultra-luxury ride-hailing experience to the city. The company’s offerings include high-end chauffeuring in BMW 5 Series and Mercedes E, S, and V Class vehicles, aligning perfectly with Dubai’s opulent lifestyle. This innovative ride-hailing service...
ABU DHABI: His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, welcomed Milojko Spajić, the Prime Minister of Montenegro, during his working visit to the United Arab Emirates. The meeting took place at Qasr Al Shati in Abu Dhabi, where Sheikh Mohamed expressed his hopes that this visit would enhance the growing...
Abu Dhabi’s Masdar, also known as the Abu Dhabi Future Energy Company, is contemplating an initial public offering (IPO) in 2026. This move is seen as a significant step towards promoting cleaner energy sources not only in the Gulf, the world’s largest oil-producing region, but also in Europe. The proposed IPO aims to finance Masdar’s...
UAE-based Autogo, a company specializing in autonomous mobility solutions, has officially launched trials for its RoboTaxi service in Abu Dhabi. The full operations of this service are expected to commence by 2026. This initiative is part of a strategic partnership with Apollo, a company owned by Baidu that is a leading provider of large-scale autonomous...
Abu Dhabi’s Marine Sports Club and Dubai’s International Marine Sports Club have entered into a strategic cooperation agreement aimed at enhancing and promoting marine sports. This partnership is seen as a significant step towards fostering collaboration between the two clubs while enriching the marine sports landscape in the region. The agreement was signed on March...
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has approved a significant housing benefits package valued at AED 6.75 billion ($1.84 billion). This initiative was authorized under the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President...